The euro hit a two-week high on Thursday after the president of the European Central Bank, Mario Draghi left interest rates unchanged and said “no need...
The Kano Electricity Distribution Company said it had lost transformer oil, aluminium conductors, upriser cables and other valuables worth N108.8 million to activities of vandals in...
The presidency on Thursday said it had approved an external borrowing plan after the cash-strapped African economy plunged into official recession. “Low cost, long-term loans (1.25%...
The Central Bank of Nigeria is planning to borrow the sum of N952.04bn ($3.02bn) with new issues of Treasury Bills from September 15 to December 1,...
European stocks rose higher as investors speculated that President Mario Draghi may signal the possibility of further European Central Bank stimulus at its meeting today. The...
Two entrepreneurs to unveil Nigeria’s first ever online lender in New York on Thursday. The digital bank, Lidya, will have no branches and will be based...
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...
Siemens Limited Nigeria has inaugurated a new facility in Port Harcourt to increase local capacity in the Nigerian oil and gas industry. The company said it...
Chemex Modular, LLC said it had reached terms in principle with the Niger Delta Petroleum Resources Limited to expand NDPR’s existing refining capacity from 1,000 barrels...
Former workers of Mobil Producing Nigeria have asked the management of the company to pay them N11.4bn as their terminal benefits. It was learnt that over...