Central Bank of Nigeria (CBN) says importers of rice, cement and other products will no longer access Foreign Exchange from CBN, Banks…
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Named Winner in Five Categories including Africa’s Leading Business Hotel ABUJA, NIGERIA – June 22, 2015 – Transcorp Hilton Abuja has been…
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CEO Adeoye Fadeyibi Letter to Shareholders: “We are strengthening our part of Nigeria’s energy chain.” Lagos, Nigeria, 16 June 2015 — Transcorp…
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By Omoh Gabriel, Huge expenditures on capital projects and sundry overhead have been identified as part of the reasons many state governments…
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By Omoh Gabriel Eighteen out of the thirty-six states of the federation are technically bankrupt. This is because they have mortgaged their…
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Nigerian smallholders’ farmers and those from 11 other Africa countries are to benefit from the Global Environment Facility launched an innovative $106.5…
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Ecobank Transnational Incorporated, parent company of the Ecobank Group, has announced the appointment of Ade Ayeyemi as its new Group Chief Executive…
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Indices of the Nigerian Stock Exchange (NSE), dropped by 0.22 per cent on Monday due to profit taking by some investors. The…
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BusinessEconomyFinanceNewsOil and Gas
Petroleum products depot owners, marketers edgy over unpaid N291bn subsidy claims
Depot owners and Petroleum Products Marketers Association (DAPPMA) on Wednesday expressed worries over what they called outstanding N291 billion subsidy claims to…
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The Nigeria Customs Service (NCS) has engaged the Economic and Financial Crimes Commission (EFCC) to investigate some bank accounts with NCS’ name…
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The Federal High Court in Ibadan on Wednesday ordered the remand of eight bank officials over alleged currency scam. The Economic and…
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Activities at the Nigerian Stock Exchange (NSE) on Wednesday closed negatively with the market indices dropping by 0.54 per cent, following huge…