Mobileye N.V. said Monday it agreed to be acquired by Intel Corp. in a deal with an equity value of $15.3 billion.…
Business News Report
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By Bashir Wali There are indications that the Nigerian economy is on the path of recovery. Oil prices have stabilised around $55…
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Nigeria’s foreign currency stock, external reserves has moved up above $30 billion as of March 8 to its highest level since October…
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Central Bank of Nigeria in a bid to sustain the supply of foreign exchange to the market in order to shore up…
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Access Bank has said its lending grew by 32 per cent in 2016, far above its target for that year, due largely…
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Here is NCC statement NCC After a meeting Thursday afternoon in Abuja between the Executive Vice Chairman of the Nigerian Communications…
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Ali must appear in Customs uniform for planning to collect duties on vehicle imported in 2015
Nigeria Senators have demanded the appearance of Customs boss Ali before it in Uniform. Colonel Hameed Ibrahim Ali,retired since being appointed customs boss…
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The Nigerian Economic Summit Group, NESG has voiced its concern over the likely implementation problems of the Federal Government’s Economic Recovery and…
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Some foreign exchange street traders have started rejecting new offer for dollar purchase as banks have started opening forex sales point…
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Trading on Nigeria crude oil was relatively slow as a pending tender from Indian Oil Corp. kept Nigerian barrels tied up, while…
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Federal Government plans to raise N213.75 billion from short-term treasury bills at an auction on March 15, the central bank said. The…
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Three Nigerian banks are said to have set in motion plans to take over Etisalat Nigeria despite efforts by the Nigerian Communication…
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Nigeria’s deepwater oil field, the Bonga, has been shut down, resulting in Shell and the nation a huge losing revenue estimated at…
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Senate begins Verification of Status of N90 Billion unclaimed Dividends
Senate has set in motion moves for the verification of the status of the N90 billion unclaimed dividends warehoused by companies. This…
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Being remarks by His Excellency, Acting President Yemi Osinbajo, SAN, at the Ground-breaking ceremony of Segment II of the Lagos-Kano Railway Modernization…