The Senate on Tuesday passed a N4.493 trillion budget for the 2015 fiscal year, five months after it was presented to the National Assembly. Significantly, the approved budget which  is N51... Read more

The Federation Accounts Allocation Committee (FAAC) has constituted a committee to  ensure that the Nigerian National Petroleum Corporation (NNPC) pays the $1.48bn u remitted accruals to the... Read more

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

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

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

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

FBN Holdings Plc, the parent body of First Bank Nigeria Limited, has released its audited results for the full year ended 2014, grew its profit by  17.3 per cent in the audited result for fo... Read more

The Central Bank of Nigeria (CBN) said Thursday it would publish the names of bad debtors in the books of deposit money banks in the country. This threat followed the growing amount of Non-P... Read more