Shortage of dollars has put Guinness Nigeria Plc in a dilemma over the refinancing of a foreign-currency loan. Diageo Plc’s Nigeria unit is weighing options to manage a $23 million debt as a... Read more
The Central Bank of Nigeria will resume sales of foreign exchange to operators of Bureau de Change (BDCs) from Monday, September 7, 2020, the bank said in a statement on Wednesday. According... Read more
The Economic and Financial Crimes Commission has arraigned seven suspects before an Ikeja Special Offences Court, Lagos, for allegedly hacking into the computer database of First City Monume... Read more
The Rainbow United Bank for Africa recorded 21.7 per cent decline in after-tax in the first half of 2020, the result the bank sent to the Nigeria Stock Exchange on Tuesday has shown. It repo... Read more
The pump price of premium motor Spirit (aka petrol) may jump to N163 as Petroleum Products Marketing Company jacked up the ex-depot price of product from N138.62 to N151.56 per litre. The ex... Read more
HARARE (Reuters) – Foreign white farmers settled in Zimbabwe whose land was seized under Robert Mugabe can apply to get it back and will be offered land elsewhere if restitution proves... Read more
By Gabriel Agbeja The Federal Government on Sunday reopened Akanu Ibiam International Airport, Enugu, runway to flight operations. The Minister of Aviation Sen. Hadi Sirika, during the offic... Read more
The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, have announced the appointment of Mr Innocent Ike, as the Acting Managing Direc... Read more
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has quizzed top management staff of the Niger Delta Development Commission (NDDC), over allegations of various... Read more
The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday dropped by 45.46 per cent. Speficially, investors sold and bought 137.05 million shares worth N920.53 million in 2,... Read more