As the level of non-performing loans (NPLs) in the banking system are on the increase as Nigeria’s macroeconomic indicators weakens, there are concerns about systemic risk...
PZ Cussons Nigeria Plc on Tuesday announced a dividend of 50 kobo per share for its shareholders for the year ended May 31, 2016. The company...
May & Baker Nigeria Plc has sustained its positive performance despite the inclement operating environment, recording profit after tax (PAT) of N30.09 million for the half...
Nigeria’s external reserves diminished to $25.860 billion as at August 12, 2016, following the settlement of matured obligation by the Central Bank of Nigeria (CBN). The...
The Chief Executive Officer of SunTrust Bank, Muhammed Jubrin, has said the bank will focus on the Small and Medium-scale Enterprises by providing financing for them...
A Japanese automaker, Mazda Motor Company, says it is updating its Mazda3 and Mazda6 with the company’s G-Vectoring Control as standard equipment for 2017, an online...
The Federal Government is seeking investments worth $7bn in mining and steel over the next decade as it targets the development of gold and iron ore...
The Central Bank of Nigeria has approved an increase in the maximum amount that could be sold to the Bureau De Change operators from $30,000 to...
For the second time in three weeks, the Nigerian National Petroleum Corporation has received an express order from President Muhammadu Buhari to explore for oil in...
The Federal Reserve could potentially raise interest rates as soon as next month, New York Fed President William Dudley said, warning investors that they are underestimating...