A Federal High Court in Lagos, has halt the electricity tariff increment announced by the Nigerian Electricity Regulatory Commission, NERC. The judge,…
Business News Report
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BusinessEconomyMaritimeNews
Buhari fires Abdullai, appoints Ms. Hadiza as new Managing Director, NPA
President Muhammadu Buhari has appointed Ms. Hadiza Bala Usman, the founder of the Bring Back Our Girls Group as Managing Director of…
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Activities on the Nigerian Stock Exchange (NSE) on Tuesday inched up with market indicators rebounding by 0.15 per cent. The All-Share Index…
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Nigeria’s multi-billion dollar investment in the West African Gas Pipeline Company, WAPCO, is in jeopardy as management of the company, yesterday, raised…
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Last week the Central Bank of Nigeria (CBN), once again came to the rescue of one of Nigeria’s strategically important bank. The…
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Nigeria’s advertising industry recorded media spend of N97.9 billion in 2015 against the N93.1 billion recorded in 2014; representing an increase of…
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Central Bank of Nigeria (CBN) has said that no bank in Nigeria is distressed. In a statement signed by its Acting Head…
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BusinessEconomyFinanceNews
Skye Bank’s New GMD Explains CBN Action, Assures Customers of Safety of Funds
The new Group Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Tokunbo Abiru, has affirmed the Central Bank of Nigeria’s (CBN) statement…
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Nigerian oil output rose last month following repairs to infrastructure that had been damaged by militant attacks. Nigeria pumped an average of…
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— appoints Ahmad, Abiru as new helmsmen CBN yesterday sacked the Managing Director and 11 directors of Skye Bank including the…
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West Africa Container Terminal (WACT) and The APM Terminals Apapa Ltd are to provide weighing services to exporters. They have installed controls…
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Trading at the Nigerian Stock Exchange on Monday nose dived with market indices dropping by 1.04 per cent, amid sell pressure. As…
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A new Group Managing Director has been appointed for the Nigeria National Petroleum Corporation NNPC. He is Dr Maikanti Kacalla Baru. By…
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CBN Press release on Skye Bank Plc 1. The Central Bank of Nigeria (CBN) would like to inform the general public of…
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The Central Bank of Nigeria (CBN) has disclosed that the Nigeria economy is in recession as economic activities declined faster in June…