Nigeria’s Zenith Bank said on Monday its first quarter pretax profit rose 14.5 percent year-on-year to 33.12 billion naira ($166 million). Turnover also rose to 113.32 billion naira co... Read more
Securities and Exchange Commission has intervened in the operations of BGL Plc, a member of the Nigerian Stock Exchange by suspending Albert Okumagba-led board and appointing an interim mana... Read more
Oil prices are likely to stay low for a long time after falling more than 40 percent in the past year, said officials from two OPEC nations. Nigeria and Algeria both warned that oil prices,... Read more
(University of Exeter/flickr)Be concise. We recently solicited readers to submit their most pressing career-related questions. With help from Lynn Taylor, a national workplace expert and the... Read more
The International Monetary Fund (IMF) has said that Nigeria must resort to prudent spending and removal of all forms of subsidy if it must keep its economy strong on the face of dwindling in... Read more
Group Managing Director and Chief Executive Officer of the bank, Mr. Phillips Oduoza The United Bank for Africa (UBA) Plc has made an impressive start in the current financial year, with its... Read more
Petroleum Minister, Mrs. Diezani Alison-Madueke, said Tuesday night, she was not seeking asylum in any part of the world, as claimed in a media report. Alison Madueke, who is the first fema... Read more
The Central Bank of Nigeria on Tuesday reduced the limit of spending overseas on naira debit cards from $150,000 to $50,000 per annum. Director, Trade and Exchange Department of the CBN, Mr.... Read more
Nigeria is in talks with Russia’s Rosatom Corp. to build as many as four nuclear power plants costing about $20 billion as Africa’s biggest economy seeks to boost generation and end daily bl... Read more
The World Bank says Sub-Saharan Africa’s economic growth will slow in the year 2015 due to the fall in the prices of oil and other commodities. In a report released Monday, the World B... Read more