Nigeria National Petroleum Corporation has approached some international bank to seek for $1.5 billion NNPC banking sources said is making plans to…
News
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The naira depreciated to a new record low of N164.85 to the dollar in the inter-bank market as a result of central…
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Acting Director General of Nigerian Institute of International Affairs (NIIA)Professor Bola Akinterinwa,said that the introduction of Islamic banking in Nigeria will further…
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Jobs, founding chief Steve Jobs who resigned as Apple Inc. chief executive officer on August 24, 2011, died yesterday the California- based…
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Dangote Group , which has seen a rapid expansion on the continent, has signed an agreement to set up a $400 million…
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—- OPS divided, some for others against —–CBN it is desirable but poses policy challenge —–NLC no to subsidy removal —– FG…
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Crude Oil prices fell in New York, after closing last week at a one-year low, on concern that Greece will default on…
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Zambia’s distributor of power to the mines, Copperbelt Energy Corporation (CEC), could take on more debt for the purchase of Nigeria’s state…
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A pipeline onshore in Nembe Niger Delta, Nigeria owned by Italian energy group Eni has been damaged witnesses said, but the company…
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The African Development Bank (AfDB) has said that it would grant Kaduna State government the sum of 100 million dollars for the…
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The Anambra Motor Manufacturing Company Limited (ANAMMCO) says its production capacity has reduced from 1,000 cars to less than 250 cars a…
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The Chairman of the House of Representatives committee on Capital Market and Institutions, Hon. Herman Hembe has said that his committee will…
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FinanceNews
Oil fluctuates as it heads for biggest quarterly drop since 2008 —- $75 benchmark for 2012 may be unrealistic
By Omoh Gabriel with Agency report Oil prices are heading for further drop to the 2008 low levels as investors speculated that…
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An interactive session with Dr (Mrs)Ngozi Okonjo-Iweala, Minister of Finance and coordinator of the Economy in Washington. This is not exclusive, the…
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The Board of Directors of the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution, has approved $250 million in…