Oil prices might have stabilized only temporarily because the global oil glut is worsening and U.S. production shows no sign of slowing,…
Finance
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The nation’s Contributory Pension fund has hit a N4.7 trillion mark which have now provided Money Deposit banks with stable deposits with…
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Bank customers have resorted to using electronic payment cards such as MasterCard and Visa card to circumvent foreign exchange regulations. Banks can…
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Gov. Babatunde Fashola of Lagos State has said home ownership through mortgage was the only way to address the problem of housing…
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The Senate on Thursday in Abuja approved the harmonised version of the 2015 – 2017 Medium Term Expenditure Framework (MTEF) and Fiscal…
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Nigeria raised N91 billion ($456.14 million) at a bond auction held with yields rising by more than one percentage point across all…
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The Consumer Protection Council and the European Union have commenced plans to jointly address issues of consumer abuse and exploitation in Nigeria.…
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BusinessEconomyFinanceNewsOil and Gas
PIB: Senate committee proposes privatisation of refineries in two years
The Senate Joint Committee on the Petroleum Industry Bill, PIB, yesterday, disclosed that it has finished working on the Bill and is…
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The Nigerian Equities market stayed bullish Wednesday as the market closed positive for the second trading session in the week. The benchmark…
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In its bid to shore up Nigeria’s foreign exchange earnings, Central Bank of Nigeria said it will enforce the repatriation of dollar-proceeds…
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…Earned N13trn from crude oil export in 2014 International rating agency, Standard & Poor’s, yesterday, warned that the Nigerian economy is in…
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BusinessEconomyFinanceNews
Nigeria, Indonesia and Mexico set to push UK and France out of top 10 by 2050
Emerging economies of Nigeria, Indonesia and Mexico could push the UK and France out of the top ten economies of the world…
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The North East Entrepreneur Development Centre (EDC) of the Central Bank of Nigeria (CBN) has commenced an entrepreneurship training programme for 500…
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BusinessEconomyFinanceNews
Auto policy: FG, auto players firm up sustained implementation plans ..as 10 more auto plants spring up
The Federal Government, vehicle manufacturers, dealers and licensed Customs agents, among other stakeholders, have agreed to leave no stone unturned in their…