CBN Demands N15b Collateral From Settlement Banks The Central Bank of Nigeria (CBN) has asked settlement banks to provide a clearing collateral of not less than...
Kia Global Sales Hit 240,028 Units Kia Motors Corporation has announced its April global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording...
Toyota Building Testing Facility for Autonomous Cars Toyota is building a new testing facility for autonomous cars in Michigan, United States to avoid driving the vehicles...
Nigerian Bourse Pares Gains on Profit Taking Profit taking in bellwether stocks prevented the Nigerian equities market from sustaining the gains recorded the previous week as...
Nigeria, SA Top African Airlines’ Passenger Traffic Record African airlines recorded 11.2 per cent in March 2018, indicating the regional carriers currently enjoy very strong demand...
Inflation Rate Seen Heading Towards Single-digit Inflation rate in the country has been projected to drop further in April, thereby inching towards a single-digit rate. Analysts...
Despite NNPC’s Massive Importation, Marketers Still Sell Petrol Above Official Ex-depot Price Despite the flooding of the Nigerian market with petrol by the Nigerian National Petroleum...
LASG to Redevelop 100 Slum Settlements The Lagos State Government has said it plans to redevelop about 100 slum settlements across the state to make them...
NIRSAL Targets N135bn Revenue for Farmers The Nigeria Incentive-Based Risk Sharing for Agriculture Lending has unveiled plans to assist farmers generate gross revenue of N135bn this...
Between January 1 and May 5 this year, the power sector lost about N154bn as a result of the unavailability of gas, distribution and transmission infrastructure,...