The Central Bank of Nigeria (CBN) has boosted the inter-bank Foreign Exchange Market with the sum of $210million, to meet customers’ requests in various segments of the market. In its quest... Read more
Oando plc could now take a deep breath as peace has been brokered in the ensueing conflict between it and a key shareholder, Dahiru Mangal. The deal include among other things a board appoin... Read more
British Airways averted an air mishap after a pilot of one of its aircraft was forcefully removed from the cockpit by police. According to Fox News, police rushed on the plane and headed str... Read more
Price of Some blue chips on the Nigerian Stock Exchange (NSE) on Friday rallied with GT Bank hitting all-time high of N54.71 per share. The News Agency of Nigeria (NAN) reports that the bank... Read more
The house of representative has ordered an investigation on Thursday into whether the federal government could recover $21 billion in revenues from international oil companies operating in t... Read more
Union Bank’s fight for the repossession of the cash-filled Flat 7B Osborne Towers Ikoyi has ended up in smoke. A Federal High Court in Lagos dismissed the bank’s claim today, ridiculed the b... Read more
The Federal Government has appealed to aggrieved workers of the National Population Commission (NPC) to resume duty assuring them that their grievances were being addressed. Dr Chris Ngige,... Read more
Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company controlled by th... Read more
Samsung Electronics has said that one of the reasons for not establishing a manufacturing plant in Nigeria is because its market share in the country is not big enough. Mr Sung Yoon, the Ch... Read more
IN 2017 ALONE, the Nigeria National Petroleum Corporation and independent marketers fleeced N784.7billion from Nigeria following a surplus volume of fuel importation of about 5.9 billion l... Read more