News

By Omoh Gabriel, Business Editor The activities of Niger Delta militia did not lead to any drop in revenue to the federation…

By Omoh Gabriel, Business Editor —–FG N5.137trillion —–States N3.798trillion —–LG N2.248trillion —–South-South N1.602trillion —–North West N1.182trillion —–South West N952billion —–North East N789.210billion…

By Omoh Gabriel, Business Editor Oceanic Bank International PLC and other Nigerian Banks are currently studying the plan for the development of…

By Omoh Gabriel, Business Editor First City Monument Bank Plc (FCMB) has expanded its Board of Directors to include some internationally acclaimed…

By Omoh Gabriel,Business Editor The Federal, states and local governments shared N195.10billion excess oil proceeds in the first six months of 2005,…

By Omoh Gabriel Ecobank Transnational Incorporated (ETI) says it has discontinued talks on the planned merger with First Bank Nigeria Plc due…

By Omoh Gabreil, Business Editor President Olusegun Obasanjo said recently in Abuja that Nigeria can not meet the 2015 target date set…

By Omoh Gabriel, Business Editor Six years into democracy Nigeria is still saddled with a myriad of economic problems ranging from poverty,…

By Omoh GabrielBusiness Editor Bank Directors Association of Nigeria, on Wednesday rose from its one day Executive Forum and Briefing on Merger…

By Omoh Gabriel,Business Editor LIKE most banks that went through the consolidation of the banking industry in a peculiar way, 2006 represented…

By Omoh Gabriel,Business Editor Like most banks that went through the con-solidation of the banking industry in a peculiar way, 2006 represented…

By Omoh Gabriel, Deputy Business Editor LAGOS‚Äî THE Federal Government earned, in the last four years, a total ofN357.507 billion as excess…

By Omoh Gabriel, Business Editor Three out of the twenty-four banks in the Nigerian banking industry dominate the market with deposit liabilities…

By Omoh Gabriel, Business Editor Continental Reinsurance in the financial year 2003 further improved its performance and market share in all of…

By Omoh Gabriel, Business Editor The Central Bank of Nigeria, CBN has said that the recent debt forgiveness it gave to 13…