Goldman Sachs Warns of Another Oil Glut in 2018 Leading global investment banking firm, Goldman Sachs, had warned that another downturn in global oil prices could...
Dangote, Others Plunked $6bn in Lekki Free Zone in 2016 The largest manufacturing conglomerate in West Africa, Dangote Group, and other companies have invested $6 billion...
Oil Speculators Can’t Dump Rally Bets Fast Enough Amid Glut The bullish sentiment following OPEC’s deal is almost all gone. Hedge funds haven’t been so skeptical...
Dollar, S&P 500 Futures Drop on Health-Care Flop The dollar and U.S. equity futures built on Friday’s declines and gold climbed with bonds as investors shunned...
CBN’s Planned Interventions May Crash Dollar Further The United States dollar may record further loss this week as indications have emerged that the Central Bank of...
New Investors Take Over Keystone Bank New investors on Friday took control of Keystone Bank Limited and announced plans to reposition the lender on the path...
UBA Records 32% Rise in Pre-tax Profit United Bank for Africa Plc posted a 32 per cent increase in its profit before tax for the 2016...
External Debt Servicing Gulps $1.62bn in Five Years Amid attempts by the country to borrow more from external sources, Nigeria has in the past five years...
2016 Budget: Capital Releases to MDAs Hit N1tn The Federal Government has said that it has so for released N1tn to its Ministries, Department and Agencies...
CBN Unveils Securities Settlement Guidelines In furtherance of its principal objective of ensuring monetary and price stability as well as to promote a sound financial system,...