By Omoh Gabriel Nigerian banks are fanning out their operations by establishing new branches abroad for increased profitability. Precisely, New York and…
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By Omoh Gabriel Nigeria earned a total of N1.784 trillion from the export of 230.8 million barrel of crude in the first…
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By Luka Binniyat ABUJA ‚Äì Publish What You Pay Nigeria (PWYPN) campaign has condemned the $3 billion loan facility signed by the…
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—- a peep shows that four of the five banks accounts for N 1.3175 trn loans — N115.3 bn -non performing loans…
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Despite the out cry and condemnation that has greeted the continuous retention of multiply checkpoints along the Mile2 – Seme expressway, the…
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FinanceNews
CENTRAL BANK OF NIGERIA PRESS STATEMENT ON THE DECISION OF THE FEDERAL HIGH COURT IN THE CASE OF STOCKLAND NIGERIA LIMITED AND 2 OTHERS VS CENTRAL BANK OF NIGERIA & 5 OTHERS
It would be recalled that the Federal High Court on 2nd April 2008 delivered judgment in the above case which was instituted…
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Royal Dutch Shell has some $40 billion worth of potential investment in deepwater oil projects in Nigeria on hold amid uncertainty over…
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By Omoh Gabriel just back from Washington Introduction At this year‚Äôs annual meetings of the IMF/World Bank Professor Chukwuma Soludo, CBN Governor…
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By Omoh Gabriel, Business Editor Every year the executive and the legislative arm of the federal government of Nigeria text their power…
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By Omoh Gabriel, Business Editor The federal government has raised alarm over un paid corporate and personal income tax in the country…
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It was a hectic morning as journalist were asked to converge at the international wing of the Murtala Mohammed airport. It was…
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By Omoh Gabriel, Business Editor Suspended Wema Bank Managing Director Mr. Adebisi Omoyeni who was cleared by the CBN two weeks age…
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The Governor of the Central Bank of Nigeria, Mr Sanusi Lamido Sanusi recently delivered a highly revealing speech. It was not in…
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FinanceNews
IEA warns on oil prices, predicts that prices would rise to $200 per barrel by 2030 ….says increased exploration costs will force oil prices higher
By Omoh Gabriel, Business Editor International Energy Agency, one of the world’s leading authorities on energy supply says the era of cheap…
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FinanceNews
Zenith Bank, 3 others and 2 prominent Nigerian Bankers win award at IMF meeting in Washington
By Omoh Gabriel, Business Editor, Washington: Zenith International Bank, two prominent Nigerian Bankers and three other banks on Saturday in Washington won…