Four of about 50 prospective Independent Power Producers (IPPs) are in pole position for World Bank partial guarantees to move...
Nigeria needs fiscal and monetary adjustments to a new normal of cheap energy, as technological innovations in shale are expected...
Considering their huge investment portfolio in the Nigerian economy, high level of employment creation, revenues to government, corporate social responsibility...
Telecommunication giant, MTN, put a positive gloss on the eight per cent devaluation of the naira by the Central Bank of...
Godwin Emefiele, Central Bank of Nigeria (CBN) governor The Central Bank of Nigeria (CBN) devalued the naira and raised interest...
The Nigerian Stock Exchange (NSE) in a statement on Tuesday said it had delisted four companies from its daily official...
Carlyle Group, a private-equity firm, has bought a $147 million minority stake in Nigeria’s Diamond Bank PLC, betting that a...
Russia’s most powerful oil official, Igor Sechin, was due in Vienna on Tuesday for talks with OPEC members as the...
The Central Bank of Nigeria (CBN) auctioned dollars at N162.50 at its official forex window, outside its preferred band of 150-160...
Most Nigerian states, except Lagos are ill-prepared to adjust for a prolonged slide in oil prices, the most recent internally...
At the current $78 average world market price for crude Nigerians will have to pay only N109.43k per litre were...
NASD OTC has announced that Symbol Codes have been created for Dufil Prima Foods plc and Acorn Petroleum plc, which...
US major carrier, Delta Airlines, says it is enjoying a remarkable patronage of its flights from Nigeria to the United...
The absence of Securities Lending (SL) and regulatory limitation to margin lending and loans directed to the capital market remain...
Trading businesses in Onitsha, which has one of West-Africa’s largest concentraton of commercial activities are looking to Aba for a...