Nigeria’s Dollar Scarcity to Remain, Says Moody’s Nigeria’s dollar liquidity constraints are likely to persist for the foreseeable future, despite the recent improvements in foreign exchange...
FG Makes N6bn From Lottery in Five Years The Federal Government has raked in N6bn from lottery proceeds in the last five years, the National Lottery...
Union Bank’s Profit Hits N15.4bn Union Bank Nigeria Plc says with a profit after tax of N15.4bn for the financial year ended December 31, 2016, it...
CBN to Increase Electronic Payment System Monitoring The Central Bank of Nigeria on Wednesday said it would increase its oversight of the country’s payment systems in...
FG Plans Fresh Concession of Lagos-Ibadan Expressway The Federal Government is considering a proposal to involve the former concessionaire of the Lagos-Ibadan Expressway, Bi-Courtney Highway Services...
BT Group to sack 4,000 Troubled British telecoms giant BT said Thursday it will axe 4,000 jobs worldwide in a new cost-cutting drive, after posting sliding...
Oil Rebounds Above $50 as US Stockpile Drops Oil rebounded on Wednesday following a report that the US stockpile dropped to its biggest one-week low this...
Reps Ask FG to End Gas Flaring by 2020 The House of Representatives on Wednesday asked the Federal Government to stick to the 2020 end date...
CBN Plans Dollar auction to Airlines, Importers The Central Bank of Nigeria is planning to auction an undisclosed amount of dollars through book building to settle...
Investors With Fake Names to Forfeit Shareholdings — SEC The apex regulator of the Nigerian capital market, the Securities and Exchange Commission, has said shareholders who...