Interbank lending rates climbed to 10.62 percent this week, up 0.12 basis point from a week earlier, after the central...
Shareholders of Cornerstone Insurance Plc on Friday authorised the management to increase the company’s share capital from N5 billion to...
The Borno Government said on Friday, that it was working on plans to secure a N2 billion loan from the...
The Federal Government has entered into a strategic partnership arrangement with the private sector, represented by the African Infrastructure Summit...
Asset Management Company of Nigeria (AMCON) has selected HBCL Investment Services Limited (HISL), a private commercial bank, as the successful bidder...
In the seven months to July 2014, offshore portfolio investors pulled out N426.37billion from the stock market through sales transactions...
Italian oil and gas major Eni, the parent company of Nigeria Agip Oil Company, is being probed over suspected corruption...
Eight months into the introduction of Pre-Arrival Assessment Report (PAAR) by the Nigeria Customs Service (NCS) following the takeover of...
Fola Daniel, the Commissioner For Insurance, National Insurance Commission (NAICOM), on Thursday said the insurance industry’s contribution to the Gross...
Eni said on Thursday CEO Claudio Descalzi is under investigation by Italian prosecutors over alleged international corruption relating to a...
Nigeria’s proposed wholesale Development Finance Institution (DFI) is to take off in 6 to 9 months with up to $5 billion seed capital to be sourced through...
Investors playing the short end of the Nigerian fixed income space should expect a repricing of Treasury bill (T-Bill) rates,...
The Federal Government has approved N13 billion for the procurement of 10 integrated rice mills and 6 high quality cassava flour mills to boost rice and cassava production...
Nigeria’s target of moving milk production to 2000 litres per day per lactation cow from the current level of below 500 litres per day per lactation...
Delay in the declaration of the transitional electricity market (TEM) is holding down the implementation of several agreements, including power...