About N7.5 billion has been paid by consignees (importers) including the Nigerian National Petroleum Corporation (NNPC) as demurrage to 12 foreign-flagged merchant tankers, which came into...
Fears of losing investments and positions have gripped directors of banks as they await the verdict of the Central Bank of Nigeria (CBN) following the expiration...
Nigerian Stocks rose on Friday for the sixth day, the longest rally in five months, following a report that the U.S. Export-Import Bank approved a $1...
The Nigerian Stock Exchange (NSE) in the 2nd week after the break continued to sustain the appreciation as equities remained bullish. Specifically, market yesterday closed at...
Practitioners in the Microfinance Institution in the Nigeria have predicted that the sector would face tough time this year. This prediction is connected to the sanitisation...
Two strategic investors, one local and the other foreign, are set to buy into Unity Bank Plc Managing Director of the bank, Alhaji Falalu Bello disclosed...
The management of Oceanic Bank International Plc has described recent media reports on fresh disengagement of staff as unfounded and a premeditated attempt by people to...
Inter Bank interest rates remained unchanged at 3.16 per cent on average last week due to limited lending between banks, traders said. The Open Buy Back...
It has been observed that the Federal Government allegedly loses over N100 billion annually due to the activities of foreign freight forwarding firms doing business in...
The European Union (EU) has made public the availability of about 2.87 million Euros to be invested in a project to reduce gas flaring in the...
