On Sunday the federal government reduced petrol price to N87 from N97 it previously sold. Reduction of fuel prices is a welcome development which all stakeholders...
The recent decisions of the Central Bank of Nigeria (CBN) to further tighten money supply have heightened competition for the retail segment of the banking populace...
The Bank of Industry and other local investors have injected N1.56 billion on two rice mills and farms promoted by the former Minister of Industry/ President...
The German Development Bank – KFW has earmarked $200 million to support the development of renewable energy in the country. The leader of the German delegation,...
The Ajaokuta Steel Company Ltd. (ASCL), in Kogi, is not moribund, the Sole Administrator of the firm, Mr Joseph Isah, has said. Isah told the News...
The African Development Bank (AfDB) said on Thursday that it had approved five million dollars Line of Credit (LoC) to ABN Microfinance Bank Nigeria (ABN) to...
Nigeria Interbank Settlement System (NIBSS) said that electronic payment through Point of Sale (PoS) terminals has risen by 191 percent to N241 billion in 2014. The...
The Federal Government has ordered automation of all agencies in the maritime sector of the economy as a way of controlling the entry of unwanted products...
Crude oil prices extended their losses and sunk to fresh four-year lows late last week as expectations of a cut in OPEC oil production faded following...
—naira devaluation to curb banks’ Eurobond desire —Russia rubble suffers 1.2% fall —10% depreciation in Kazakhstan’s tenge — Malaysia’s ringgit hit five-year lows Crude oil price...
