Nigeria Recovers $3bn Unpaid Oil Monies, Says NEITI The total amount of unpaid oil and gas monies that Nigeria’s government has recovered using audit reports of...
Private Equity Fund Supports Nigerian Cash Solution Provider A private equity fund manager, Apis Partners, has said that it would back cash management solutions provider, Bankers...
Fortis MFB’s Shares Trading Resumes The Nigerian Stock Exchange, (NSE) has in a correspondence referenced NSE/LRD/LE1/09/17, dated September 13th, addressed to the Fortis Microfinance Bank’s Company...
Restructure Now or Implode, Dickson, Bakare, Afenifere Warn Mixed reactions yesterday trailed President Muhammadu Buhari’s Independence Day broadcast, especially as regards the call for the restructuring...
Refineries’ Rehabilitation to Cost NNPC $1 Billion The planned rehabilitation of the nation’s refineries will cost the Nigerian National Petroleum Corporation (NNPC) about $1 billion, it...
CBN Stops Banks from Taking Charges on Bulk Transfers Commercial banks can no longer take Short Message Service (SMS) charges on bulk bank transfers done through...
Banks Groan Under Energy Firms’ N4.89tn Unpaid Debts Deposit money banks in the country are said to be bleeding as acquisition loans advanced to power and...
Nigerian Firm to Invest in Ghanaian Port Project A Nigerian firm, ARM-Harith Infrastructure Investment Limited, the manager of the ARM-Harith Infrastructure Fund has said it will...
Lagos Pays N711m Into 287 Retirees’ Accounts The Lagos State Government said it paid N711m into the Retirement Savings Accounts of 287 retirees under the Contributory...
NIMASA Moves Against Substandard Shipping The Nigerian Maritime Administration and Safety Agency has announced a plan to introduce a programme of zero tolerance to non-compliance with...