The planned borrowing of $2.5bn from foreign sources will not increase the nation’s total debt commitment, the Debt Management Office has assured Nigerians. The DMO, which gave the assurance... Read more
Seventeen ships are discharging petroleum products and other commodities at the Apapa and Tin-Can Island Ports in Lagos, the Nigerian Ports Authority (NPA) said on Friday. The NPA explained... Read more
The World Bank warned and compared cryptocurrencies to “Ponzi schemes”. The warning is the the latest financial voice to raise questions about the legitimacy of digital currencies such as Bi... Read more
Justice Mojisola Dada of Special Offences Court sitting in Ikeja, Lagos State has issued a bench warrant for the arrest of Mr Innocent Chukwuma, alias Innoson, the Chairman of Innoson Moto... Read more
In order to deepen broadband penetration in the country, the Board of The Nigerian Communications Commission (NCC) has approved two additional Infrastructure Company (Infraco) Licences, in a... Read more
Guaranty Trust Bank plc, has launched the Dusty Manuscript Contest to give budding writers the opportunity to win publishing deals for their finished, but yet-to-be published, manuscripts. O... Read more
Alhaji Abdulsamad Rabiu, Chief Executive Officer, BUA Group has disclosed its plan to build a N7.5 billion ultra-modern specialist hospital in Kano State toward reducing rate of medical tour... Read more
Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various segments of the mark... Read more
The Management of Dangote Oil Refinery Company (DORC) says about 150 indigenous engineers have been trained in refinery operations in preparation for the take-off of its Lagos Refinery and P... Read more
The Dow Jones Industrial Average plunged 1,175 points on Monday, its largest one-day point drop in history, to close at 24,345, a decline of 4.6 percent. At one point the Dow was down more t... Read more