Business News Report

By Omoh Gabriel Aggrieved shareholders of Spring Bank Messrs Dapo Adeyemi –Bajo, Emmanuel Olyinka Sogelola, MRS Regina Udomesiet, Noah Ekanem, Promise Iwezor,…

The furore, anger and emotions the planned removal of subsidy next year has evoked shows that Nigerians are yet to embrace the…

The Nigerian Association of Petroleum Explorationists (NAPE) said there was need for the government to address the nation’s gas master plan to…

Seven companies have in Abuja signed a memorandum of understanding with the Federal Housing Authority (FHA)of Nigeria to construct 6,000 houses in…

As a prelude to the commencement of a Cash less Lagos, the Central Bank of Nigeria has appointed four manufacturers for the…

Nigeria National Petroleum Corporation has approached some international bank to seek for $1.5 billion NNPC banking sources said is making plans to…

The naira depreciated to a new record low of N164.85 to the dollar in the inter-bank market as a result of central…

Jobs, founding chief Steve Jobs who resigned as Apple Inc. chief executive officer on August 24, 2011, died yesterday the California- based…

Dangote Group , which has seen a rapid expansion on the continent, has signed an agreement to set up a $400 million…

—- OPS divided, some for others against —–CBN it is desirable but poses policy challenge —–NLC no to subsidy removal —– FG…

Crude Oil prices fell in New York, after closing last week at a one-year low, on concern that Greece will default on…

Zambia’s distributor of power to the mines, Copperbelt Energy Corporation (CEC), could take on more debt for the purchase of Nigeria’s state…

A pipeline onshore in Nembe Niger Delta, Nigeria owned by Italian energy group Eni has been damaged witnesses said, but the company…

The African Development Bank (AfDB) has said that it would grant Kaduna State government the sum of 100 million dollars for the…