Banking Stocks Drive N17bn Gain on Equities Financial services (banking) stock, on Thursday, led the Nigerian Stock Exchange into a N17bn gain at the close of...
60% Forex Allocation to Manufacturers Poorly Implemented The Manufacturers Association of Nigeria has faulted the implementation of the Central Bank of Nigeria’s directive on 60 per...
We Won’t Change Forex Policy, Says CBN The Central Bank of Nigeria on Thursday stated that no amount of criticism and blackmail from “self-centred individuals” would...
Japanese Firms Plan Multi-million Dollar Investment in Nigeria Barring any last minute change in plans, at least four major sectors of the Nigerian economy will soon...
External Reserves Rise by 12% in Three Weeks The country’s external reserves increased by 12 per cent within a period of three weeks, it has been...
Employers Pay N5.2bn Fine for Not Remitting Workers’ Pension Contributions Some employers of labour have paid N5.2bn as fines for their failure to remit the pension...
Court Orders Interim Forfeiture of Malabu Oil Block to FG A Federal High Court in Abuja, on Thursday, ordered the interim forfeiture of Oil Prospecting Licence...
CBN Sold $1.1bn to Importers in Nov 2016 The Central Bank of Nigeria (CBN), yesterday, said that it sold $1.1billion to 4,328 firms in November with...
UK Court Blocks Niger Delta Pollution Claims Against Shell A British court on Thursday blocked pollution claims against Anglo-Dutch energy giant Shell by more than 40,000...
Shell, ERA Differ on Oil Spill Compensation for Bayelsa Communities Two years after an underwater oil leak discharged some 550 barrels of crude into Ogboinbiri River...