Business

ALSCON incurred massive losses for years while its asset were devalued. Nigeria-American firm, BFIG, recognized last year by the Supreme...

The NSE is partnering with the CBI for the project. The Nigeria Stock Exchange (NSE) is to establish a Corporate...

Revenue Watch has ranked Nigeria amongst the weakest of 58 countries covered in the study of transparency and    proper management...

Nigeria’s oil Gross Domestic Product (GDP) contracted by 13 per cent in the first quarter of 2013. Nigeria’s Current Account,...

The World Bank said government agencies refused to utilise previous funds. The World Bank said on Tuesday that its financial...

The union decried the drop in crude oil production since the first quarter of the year. The Nigeria Union of...

E-FASS is a software that helps banks to transmit their daily transactions to the CBN. The Central Bank of Nigeria...

The figure represented an increase of 15.1 and 9.3 per cent over the preceding and corresponding quarter in 2012. The...

The bank said the Port Harcourt office was a construction and not a renovation as stated. The House of Representatives...

The court's ruling of 2012 is being interpreted differently. The Supreme Court on Monday adjourned till September 17 hearing in...

The removal of fuel subsidy could help Nigeria accumulate a reserve that would help protect her economy from oil price...

An automated audit process will make the exercise more effective, efficient, transparent and reliable, NEITI says. The Nigerian Extractive Industries...

Keystone, Enterprise and Mainstreet banks, were totally restructured after a CBN audit showed their poor financial standing. The Asset Management...

The Nigerian Supreme Court will determine who has acted contrary to ts judgement. The Supreme Court will on Monday hear...

Nigerian banks have mostly reported rising profit for the 2012 year end. Finance experts say the reported 2012 year-end profits...

The auditing firm relied on third party accounts. The Economic and Financial Crimes Commission, EFCC, has said that the Petroleum...

The bank said it only requested for more time to provide the documents. The Central Bank of Nigeria has said...

The four operators were fined different sums of money. The Nigerian Communications Commission, NCC, on Thursday imposed various sanctions on...

An IMF official stated this on Thursday. Despite a projection that Nigeria’s external reserves might rise to an average of...

The suspects were asked to forfeit the undisclosed sums. A Federal High Court, Lagos, presided over by Okechukwu Okeke, on...

The corporation said that individuals or companies can come directly to the organisation to resolve their loan. Section: Business Picture:...

The suspects have pleaded not guilty. The Economic and Financial Crimes Commission, EFCC, Thursday, arraigned 14 suspected oil thieves before...

The privatization process of the Abuja Security Commodities and Stock Exchange was also approved. The National Council on Privatisation, NCP,...

The CBN stated this in a circular on Wednesday. The Central Bank of Nigeria has released exposure draft on its...

The NBS said the report of the pilot project to compute state's GDP will be published soon. The National Bureau...