First Bank of Nigeriahas received “The Best Retail Bank in Nigeria Award” for the fourth consecutive time at the just-concluded Asian Banker International Excellence in Retail Financial Serv... Read more
Dangote Cement Plc has announced a profit after tax (PAT) of N159.5 billion for the year ended December 31, 2014. The result which showed a decline of about 20 per cent compared with N201.2... Read more
Fewer than 12 vehicles, including two fully loaded tanker trucks were on Thursday burnt in an explosion that rocked a filling station in Lekki Phase 11 area of Lagos State. According to a re... Read more
Nigeria’s United Bank for Africa (UBA) said on Thursday its 2014 pretax profit rose marginally by 0.26 percent to 56.20 billion naira ($282 million) compared with a year ago. It said r... Read more
Group Managing Director/Chief Executive Officer, Mr. Timothy Oguntayo Skye Bank Plc has issued the first tranche of its commercial papers worth N100 billion. The bank signed on Tuesday an... Read more
A German Consortium efs-greentec is to invest over one billion US Dollars in Power Plants in Nigeria, according to the Facilitator and a Leading member of the Nigerian Community in Germany,... Read more
Governor of Cross River, Senator Liyel Imoke The Cross River State Government acknowledged a debt profile of N123.9 billion as against N403 billion being reported in some quarters.... Read more
A Federal High Court in Lagos on Tuesday ordered the Nigerian Communications Commission to pay a fine of N500 million as damages to the All Progressives Congress for illegally outlawing th... Read more
A jetliner operated by Lufthansa’s Germanwings crashed Tuesday in a remote area of the Alps in southern France – and all 148 people aboard the Barcelona-to-Duesseldorf flight were feared dea... Read more
President, Dangote Group, Alhaji Aliko Dangote, has said his oil refinery which is expected to come on stream in 2017 will process 650,000 barrels of crude oil per day. The completion of the... Read more