Business

In his submission, Kemi Pinheiro, the prosecutor, argued that the practice direction did not derogate from the provisions of the...

Specifically, food prices edged higher to 9.7 per cent, up from 9.4 per cent in April. --------------------------------------- The National Bureau...

The initial start off of the exercise would affect about 1,000 selected banks out of the 1,410 branches in Lagos...

“The whole experience has left me feeling violated. I do not intend to fly Arik Air anywhere outside Nigeria.” When...

The release of the allocations followed the approval by the Minister of Petroleum Resources, Diezani Alison-Madueke, on Friday. ---------------------------------------- To...

N50.94 billion was recorded as unclaimed dividends in 2013 as against N60 billion recorded in 2012. The Institute of Capital...

Conditions of Entry is not meant as trade sanctions or ban on Nigerian ships from U.S. ports.The U.S. Government on Thursday imposed...

World Bank says structural reform agenda in many developing countries, which has stalled in recent years, needs to be reinvigorated....

Liquidity tightening is expected from the CBN in the near future, investment researchers say. -------------------------------------------- The Nigerian Presidency is unlikely...

Mrs. Alison-Madueke was on December 4, 2013 elected the Alternate President of the OPEC Conference. --------------------------------------- The 165th meeting of...

AMCON spokesperson, Kayode Lambo, gave the assurance during an interactive session with journalists in Lagos. The Asset Management Company of...

Both parties earlier signed a Memorandum of Understanding, MOU for funding of equipment to the ECOWAS Standby Force, ESF. -------------------------------------------...

Zenith Bank paid the highest fine of N276 million for various contraventions. ---------------------------------------- Six commercial banks who violated Nigerian banking...

Dangote Cement topped the price losers' chart with N2.40 to close at N226.60 per share. ------------------------------------------------- The activities on the...

The Nigerian government has sealed an MoU with investors. Hope for the reactivation of the moribund multi-billion dollar Ajaokuta Steel...

The Nigerian Customs Service says FG spends recklessly on waivers on import/export that do benefit the economy. The Revenue Mobilisation,...

Nigeria is largest manufacturer of ceramic tiles in West Africa. The Minister of Mines and Steel Development, Musa Sada, on Monday...

 "The delay in the passage of the Petroleum Industry Bill, PIB, is one of the major hindrances to the progress...

  “Europe is a good market for gas new markets.” The Nigerian National Petroleum Corporation, NNPC, says it is exploring...

The audit exercise was awarded to Taju Audu Consortium. The Nigeria Extractive Industries Transparency Initiative, NEITI has formally opened the...

Bank customers will no longer pay charges on cash deposits The newly appointed governor of the Central Bank of Nigeria,...

Michael Arumemi-Ikhide, the airline's Chief Executive Officer, disclosed this in a statement. The Arik Airline on Wednesday in Lagos said...

He said the credit facility will be in support of the second Lagos State Development Policy Operation. ---------------------------------- The Federal...

Mr. Jonathan said the submission was in line with provisions of the NDDC Act. ------------------------------------------ President Goodluck Jonathan has submitted...

NSIA was established with a mandate to promote fiscal stability. ---------------------------------------------- The Nigeria Sovereign Investment Authority, NSIA, has established the...