Unity Bank Plc yesterday reduced its over 2,000 workforce by sacking 215 members of staff, it was reliably learnt. The exercise, it was further leant, was...
The MTN Group Limited has raised $1.3bn in loans before its planned sale of bonds to offset the N330bn Nigerian fine, pay dividends and address capital...
The Central Bank of Nigeria (CBN) has advised states without a Bank of Industry to facilitate the establishment of one in order to speed up industrialisation...
The Nigerian Export Promotion Council (NEPC) has said its Zero Oil Plan has the potential to increase earnings from non-oil sector to $30billion over the next...
Puma Energy, a global mid and downstream energy company, has announced the delivery of its first cargo of bitumen to its terminal located in Calabar, Cross...
The federal government and the oil and gas-producing companies operating in the country may have lost about $3billion to the bombing of Forcados pipeline that conveys...
Flour Mills of Nigeria Plc said it has increased its reliance on local raw materials as part of efforts to overcome the challenges posed by the...
The Central Bank of Nigeria (CBN) on Saturday in Enugu assured Nigerians that the country would be out of the current economic recession soon, while also...
Block moulders in the country have concluded plans to raise the prices of blocks by between 11 per cent and over 30 per cent, following the...
Stakeholders in the Nigerian petroleum industry on Wednesday dismissed speculations on possible increase in the price of petrol. In a statement issued after a meeting, the...