Enugu Seals Eight Banks over Alleged N1bn Tax Debt At least eight commercial banks were on Monday sealed by the Enugu state government for alleged failure...
NB Plc Records 25% Profit Decline, Recommends N20bn Final Dividend Nigerian Breweries Plc monday announced its audited results for the year ended December 31, 2016, showing...
Naira Depreciates to N520 Against U.S. Dollar As Retailers Examine CBN Action The Naira plunged to N520 against the U.S. dollar at the parallel market on...
Banks Advised to Reduce Non-performing Loans The Chairman, Board of Directors, Davo Dani Microfinance Bank, Mr. Austine Enajemo, has said stringent measures are critical to the...
Market Gains N29bn as CBN Reviews Forex Policy The Nigerian equities market appreciated by N29bn on Monday as the Central Bank of Nigeria released a new...
16 Power Turbines Now Functional, Generation Rises About 16 power generating turbines have in the last one week become functional and pushed up electricity generation from...
Illegal Petrol Vessel Seized in Lagos, Depot Sealed The Department of Petroleum Resources has announced the seizure of a vessel, MT JAZI, discharging Premium Motor Spirit...
CBN to Make Forex Available for PTA, School Fees, Others The Central Bank of Nigeria on Monday modified its foreign exchange policy with the reduction of...
German Firm Pledges N97.5bn for Nigerian Industrialists A total sum of €300m (N97.5bn) has been set aside by a German investment group, CUBE Commodities Company, to...
Outrage as Indian-packaged Garri Sells in Nigeria Nigerians on Monday expressed outrage after it emerged that Indian-packaged garri was being sold in the country. The garri...