The Asset Management Corporation of Nigeria (AMCON) has announced Skye Bank Plc as the preferred bidder for the acquisition of the entire issued and fully paid up ordinary shares of Mainstreet Bank Limited. It also announced Cedar One Investment Partners Limited as the 1st reserve...
Fitch Ratings has affirmed Nigeria’s Long-term foreign and local currency Issuer Default Ratings (IDR) at ‘BB-‘ and ‘BB’, respectively. The...
The world’s worst Ebola outbreak on record has now killed 3,439 people, the World Health Organization (WHO) said on Friday....
The coroner’s inquest into the recent collapse of a building within the premises of the Synagogue Church of All Nations...
The EU regulators on Friday approved the merger of communication platforms, Facebook and WhatsApp. The regulators said Facebook’s 19-billion-dollar purchase of...
Global hotel chain, Marriott International’s commitment to expansion across Africa recently gathered momentum as its real estate partners raised $1.5...
Exxon Mobil Corp has seen some of its oil and gas activities in West Africa disrupted by the Ebola outbreak,...
Ecobank Transnational Incorporated (ETI) and Nedbank Group Limited on Thursday announced that Nedbank Group is to acquire a 20 percent...
The latest report for the manufacturing Purchasing Managers’ Index (PMI) measured by FBN Capital shows a small retreat in the...
The Federal Government has summoned the new managing director of Shell Nigeria Exploration and Production Company (SNEPCO), Tony Attah, over...
Talks have just recommenced among the relevant Nigerian authorities on the possible concessioning of the airports, Benjamin Dikki, director general,...
There are strong indications that foreign automakers interested in establishing plants in Nigeria are considering the contract assembly option. Contract...
Italian prosecutors investigating state-backed firm Eni SpA over the purchase of a Nigerian oil field three years ago, allege that...
Nigerian beer consumers are becoming increasingly price-conscious and are opting more for products in the value segment which are more...
Governor Adams Oshiomhole of Edo State has abolished the 35-year retirement policy for workers in Edo State as the state...