Transcorp Power Inaugurates $28.3m Gas Turbine Transcorp Power Limited, a subsidiary of Transcorp Plc, on Monday inaugurated the 115-megawatts Gas Turbine 15 at its Ughelli Power...
CBN Boosts Forex Supply With Fresh $195m The Central Bank of Nigeria on Tuesday released fresh $195m into the foreign exchange market as part of its...
EFCC Impounds N49m at Kaduna Airport The Economic and Financial Crimes Commission on Tuesday impounded N49m abandoned in five sacks at the Kaduna International Airport. The...
Goverment to Raise Additional N43b Debt From T-Bills The Federal Government’s debt strategy is now in full swing, as additional debt of N43.2 billion would be...
SEC Reduces Cost of Raising Capital The Securities and Ex change Commission, SEC, yesterday, released a draft rule seeking reduction in cost of primary equity and...
Access, GTB, Zenith Record N120bn Impairment Charges Access Bank Plc, Guaranty Trust Bank (GTBank) Plc and Zenith Bank Plc, the three banks, which have so far...
$115m: EFCC Tenders Diezani Funds Beneficiaries’ List A Federal High Court sitting in Lagos, yesterday, adjourned till March 23, to rule on the admissibility of a...
NNPC Yet to Remit $15.8bn to FG Account The Nigeria Extractive Industries Transparency Initiative says the Nigerian National Petroleum Corporation is yet to remit $15.8bn collected...
FG Records N3.1bn Revenue Shortfall in 2015 The Fiscal Responsibility Commission says the Federal Government recorded a revenue shortfall of N3.1bn at 33.34 per cent of...
Nigeria’s Inflation Declines to 17.78% The cost of goods and services in Nigeria improved for the first time in over a year following a series of...