Chevron and Eni, two of the global oil majors operating in Nigeria, and their local counterparts such as Seplat and Oando may have been worst hit...
First City Monument Bank Limited and Diamond Bank Plc are planning to raise fresh capital to boost their capital ratios. While the FCMB is targetting N10bn...
Five banks have boosted the businesses of their customers with N6.561trillion in the first six months of the year through loans and advances. The amount of...
As part of efforts to reposition the bank and record better future performance, Skye Bank Plc has made a total provision of N34.681 billion for impairment...
Following the rise in cybercrime in recent times, the Minister of Communications, Adebayo Shittu, has said that the federal government is now ready the expand its...
Managing Director, Nigeria Incentive Based Risk Sharing System for Agricultural Lending (NIRSAL), Mr. Aliyu Hameed has said that the firm has guaranteed loans totaling N61.16billion to...
Dangote Sugar Refinery Plc last week has announced a profit before tax (PBT) of N11.1 billion for the six months ended 30 June, 2016. The unaudited...
The nation’s external reserves fell marginally to $26.20bn on July 28, down from $26.32 on July 22, data from the Central Bank of Nigeria’s website showed...
The country’s earnings from crude oil export have continued to fall, as latest data from the Central Bank of Nigeria showed that the volume of crude...
The Lagos State Government says it will partner the private sector, specifically Japan International Cooperation Agency, to construct a $1bn urban rail line. The state Commissioner...