News

International Finance Corporation (IFC), a member of the World Bank has said that the corporation’s total portfolio in Nigeria stood at $1.7…

The Federal Government approved the immediate payment of N413 billion to oil marketers as outstanding payment for subsidy claims. This is contained…

The Comptroller-General of Customs, retired Col. Hameed Ali, has  in Abuja denied sacking 400 officers in the ongoing restructuring of the service.…

The National Automotive Design and Development Council (NADDC) has called for closer collaboration with the Nigeria Customs Service (NCS) for a seamless…

*Bans withdrawal from non-BVN compliant account The Central Bank of Nigeria has extended the deadline for Diaspora bank customers to enroll for…

The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the…

Central Bank of Nigeria (CBN) said that over 40 million accounts have been enrolled to the Biometric Verification Number (BVN). The CBN…

*Restate regulatory decisions on directors  The Financial Reporting Council yesterday asked the management of Stanbic IBTC Holdings to withdraw the advertorial published…

FBN Holdings Plc yesterday said that its subsidiary, First Bank of Nigeria Limited, has settled the N1.88 billion fines imposed on the…

Moody’s rating agency changed the outlook on MTN Group’s credit ratings to yesterday, citing the potential impact of a fine by the…

Price Waterhouse Coopers, (PwC), yesterday, projected that imported used vehicles popularly referred to as Tokunbo cars will become non-existent as a direct…

The Nigerian National Corporation (NNPC), says it has 26 crude oil grades to offer for sale to companies that would eventually win…

The African Development Bank (AfDB) says the forthcoming Africa Economic Conference (AEC), to be hosted by the Democratic Republic of Congo in…

The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about…

The Securities and Exchange Commission (SEC) on Tuesday, promised to support FMDQ OTC to create a vibrant debt capital market (DCM) aimed…