Adeosun: Banks Still Holding TSA Money Finance Minister, Mrs Kemi Adeosun has accused some Deposit Money Banks (DMBs) of sitting on funds which they ought to...
FG Bonds Record 97% Oversubscription, Says DMO The Debt Management Office (DMO) has revealed that the 10-year tenor bond issued in the just-concluded October auction recorded...
Malabu Oil Deal: Finally, FG Recovers $85m from UK The Attorney General of the Federation (AGF) and Minister of Justice, Mr. Abubakar Malami, Thursday said Nigeria...
FG Approves $1.1bn PPA for Qua Iboe Power Project Nigeria’s power generation capacity is expected to rise by additional 540 megawatts (MW) in 2021 following the...
Stocks Plunge by N37bn on Profit-taking Moves The Nigerian Stock Exchange market capitalisation fell by N37bn on Thursday owing to profit-taking activities by investors. The positive...
FBN Holdings Q3 PAT Rises by 7.8% FBN Holdings Plc has reported a profit after tax of N45.8bn for the nine month ended September 30, 2017,...
High Interest Rates Killing Manufacturing —Afe Babalola The Founder of Afe Babalola University, Ado Ekiti, Aare Afe Babalola (SAN), has blamed the Federal Government for allowing...
NigComSat, Belarus Sign Satellite Backup Deal The Nigerian Communications Satellite Limited has announced the signing of a strategic backup agreement with the operators of Belintersat-1, a...
FG to Introduce Solar-powered Tricycles This Year The Federal Government on Thursday announced that it would introduce solar-powered tricycles, popularly known as Keke, in order to...
NNPC Begins Oil Exploration in Nasarawa Oil search in Nigeria’s inland basins has received a boost following the commencement of exploration activities in the Nasarawa State’s...