Nigerian Extractive Industry Transparency Initiative, NEITI, Monday, indicted the Federal Government for the high rate of corruption in the hydrocarbon sector of…
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AgricultureBusinessEconomyFinanceIndustryNews
BoI recovers N2. 9bn bad debts in 2014, blacklists 22 firms
THE Bank of Industry , BoI, weekend, disclosed it recover a total of N2.9 billion bad debts from its customers in the…
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BusinessEconomyFinanceNewsStock Market
Shareholders seek return of nationalised banks, call for thorough investigation
… Nationalised banks characterised by corruption .. No due process was followed … Keystone Bank sale to take effect October/Nov Ahead of…
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The Financial Reporting Council has suspended the public hearing schedule for today on the draft National Code of Corporate Governance due to…
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..as FG targets production of 12.5million cane seedlings per annum The Federal Government, on Monday, inaugurated Nigeria’s first Sugarcane Bio-factory in Zaria…
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*NMRC, PenCom to the rescue *Pension fund can now be used as down-payment The inability of prospective homeowners to readily come up…
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BusinessEconomyFinanceNews
Banks grant more loans to Oil & Gas as private sector credits hit N12.6trn
Credit to the Private sector in Nigeria in the second half of 2014 rose by 16.6 per cent to N12.6 trillion from…
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Economic analysts have cautioned the incoming administration of General Muhammadu Buhari against increasing the tax rate as a way of generating additional…
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BusinessEconomyFinanceNews
Forex limit of naira debit card: CBN to set BVN trap for multiple card holders
Very soon, bank customers that have multiple naira debit cards linked to different banks accounts would not be able to spend more…
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The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has advised against any sale of the nation’s equity in the Joint Venture (JV)…
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The Nigerian Mansard Insurance Plc has been acquired by the France based AXA, one the international leading insurance and asset managment groups.…
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Guinness Nigeria Plc, has announced that it will be establishing a N10 billion Commercial Paper (“CP”) programme with the view to launching…
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The Financial Market Dealers Quotations (FMDQ) OTC Plc on Thursday declared N1.75 billion as revenue for the year ended Dec. 31, 2014.…
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Nigerian foreign exchange reserves fell 1 per cent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier, the…