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,...
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...
THE power sector recorded a drop of 30.01 per cent in the second quarter (Q2) due to poor generation caused by militants’attacks in the Niger Delta,...
MTN Group Limited plans to gauge investor interest in a possible bond offering as Africa’s biggest mobile-phone company by sales seeks funds to pay for dividends,...
A recent research report released by IHS has shown that more companies are investing in public security for a smarter and safer society. The report said...