The Central Bank of Nigeria (CBN) yesterday ordered all existing Bureau De Change (BDCs) operators in the country and promoters of new entrants to reapply for...
Investors in the Nigerian equities market lost N89 billion at the close of trading on Wednesday. The bourse had recorded two consecutive profits on the trading...
One of Nigeria’s prominent business magnates and Group Chairman of First Bank Plc; Mr Femì Otedola, has dragged Zenith Bank Plc and Jim Ovia, Chairman of...
Finance and economic experts yesterday expressed concerns over the decision of the Central Bank of Nigeria (CBN) to raise the benchmark interest rate by 150 basis...
The price of Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery has increased from N940/litre to N1,100/litre due to the crash of...
The Central Bank of Nigeria’s Monetary Policy Committee (MPC) has increased the monetary policy rate (MPR), which serves as the benchmark for interest rates, from 24.75...
The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of July after several postponements. The new date was disclosed on Monday by the National...
Air Peace has denied viral reports, which claimed that it violated safety in its United Kingdom operations. A statement signed by the management of the airline...
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), announced impressive financial performance at its 11th Annual General Meeting (AGM), held on Monday in...
The Federal Government, on Monday, urged the United Arab Emirates to invest in the renewal and reconstruction of the more than 50-year-old oil pipelines in Nigeria,...
