News Reports

The Benue State governor assured that the process of the privatisation of the plants would be transparent. The National Council...

SME’s play a key role in the development of economic development. Small and Medium Scale enterprises, SMEs, are more credit-constrained...

Audited results for the period ended 30 June 2013. Renaissance Capital, an investment bank, has said that it is baffled...

Wema Bank made a loss before tax in its recent financial year. Wema Bank, a Commercial Bank with Regional authorization,...

The firm scored the Central Bank a ‘weak pass’ in an area of its promise. A leading investment banking firm...

The CBN accused the discount house of serial abuses.

Stephen Oronsaye is a new member of the MPC. Nigeria’s Monetary Policy Committee (MPC) on Tuesday said it has noted...

 Power plants across the country are being refurbished. The Minister of Power, Chinedu Nebo, on Tuesday, said that Kanji Dam...

The Nigerian bank acquires majority shares in a Kenyan Bank. Nigeria’s Guaranty Trust Bank is dipping a guarded feet into...

The insurance firms dragged the FIRS to court. The Federal Inland Revenue Service (FIRS) and NICON Insurance Company Plc along...

The Lagos Chamber stated this in its third quarter report. The steady and significant improvement of the business confidence level...

Mr. Sanusi said ATM fraud has reduced by 90 per cent. The Central Bank Governor, Lamido Sanusi, has said that...

Two employees of the Access Bank Plc, Olusegun Afolabi, 25, and Rebecca Enahoro, 24,  on Wednesday appeared before an Igbosere...

Herbert Wigwe will take over from Aigboje Aig-Imoukhuede at Access Bank. Access Bank on Wednesday revealed its 5-year strategic plan...

With United States government threatening to massively cut down on its oil imports in the wake of its discovery of...

Nigeria recently concluded a road-show in Europe. The Minister of Finance, Ngozi Okonjo-Iweala, said on Wednesday that Nigeria returned to...

Since 2012, the government of Nigeria has been working to revise the calculation of economic performance with a view to...

The Holding Company will manage FCMB and its subsidiaries. First City Monument Bank (FCMB) Plc, this week, announced its transition...

 half way into 2013, no major project has been done. A budget monitoring group has said despite the treasure-chest of...

The CBN had mandated all banks to report on the transaction of terrorist groups. The Central Bank of Nigeria, CBN,...

The G8 is interested in assisting the AfDB in the extractive sector. The group of eight most industrialised countries, G-8,...

The inflation rate for the month of April stood at 9.1 percent.  Nigeria’s Consumer Price Index, CPI, the index which...

The National Bureau of Statistics released the data. The National Bureau of Statistics (NBS) has said Nigeria’s inflation rate for...

The former bank chief is being tried for alleged fraudulent activities. A former Managing Director of Afribank Plc (now Mainstreet...

Even if the banks have no transactions involving the groups, a report is still to be expected. The Central Bank...