More than 200 delegates and 65 industry stakeholders from more than 25 countries are expected to attend the RemitAfrica2015 event in Lagos…
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The Nigerian National Petroleum Corporation (NNPC) Wednesday confirmed the cancellation of crude oil swap contracts as well as Offshore Processing Contracts (OPA),…
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—Zamfara and Kwara gets funds —Others to follow By Omoh Gabriel Two out of the 27 states that apply to Central Bank…
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By Omoh Gabriel Indications emerged that banks in the country are now in a dilemma on what to do with an estimated…
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BusinessEconomyFinanceNewsStock Market
How Shareholders Frustrated Afren’s Board’s Refinancing, Restructuring Plan
Indications emerged weekend that Afren Plc may be sold in bits as no company has agreed to acquire it because of its…
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Nigerian Banks involved in syndicate financing of Afren Plc’s onshore and offshore activities are at risk of losing $185 million (N31.45 billion)…
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Investors at the Nigerian Stock Exchange (NSE) on Thursday staked N5.28 billion on 2.87 billion shares traded in 4,014 deals in massive…
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Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu, on Thursday, canvassed for speedy deregulation of the nation’s oil and…
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President Muhammadu Buhari has appointed Dr. William Babatunde Fowler as the Executive Chairman of the Federal Inland Revenue Service (FIRS). The President…
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BusinessEconomyFinanceNews
Nigeria spent N231 billion on petrol, rice, stockfish, palm oil import in 3 months
By Omoh Gabriel Nigeria spent a total of N231.493 billion on importation of petrol, rice, wheat, stockfish, crude palm oil and frozen…
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BusinessEconomyFinanceNewsStock Market
NSE market capitalisation decreases by N24bn amid profit taking
Activities at the Nigerian Stock Exchange (NSE) on Wednesday ended on a negative trend with the market capitalisation dropping by N24 billion…
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AgricultureEconomyFinanceNews
CBN provides guidelines for Nigerians in the Diaspora to enroll for BVN
The Central Bank of Nigeria (CBN) said it had finalised the guidelines for Nigerians in the Diaspora to enroll for the Bank…
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President Muhammadu Buhari has approved the dissolution of the Executive Management Team of the Assets Management Corporation of Nigeria (AMCON). He also…
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Ms Florizelle Liser, United States Assistant Trade Representative for Africa, on Tuesday, urged African entrepreneurs to maximise investment opportunities offered by the…