The Nigerian Stock Exchange has formally announced plans to revoke the licences of inactive stockbroking and dealing firms.
The African Development Bank on Tuesday pledged $60 million to help fight the worst-ever outbreak of Ebola which is raging across west Africa.
The Central Bank of Nigeria has justified the introduction of the N65 charge on cash withdrawals by banks’ customers on ATMs of other banks other than theirs.
The National Economic Council has indicted some state governments for allegedly collecting taxes and levies that were not backed by appropriate laws.
Banking operations at First Bank of Nigeria head office in Lagos were temporarily shutdown for hours by aggrieved union officials .
14 August 2014, 12:44
Banks customers will from September 1, 2014 pay a token for cash withdrawals made on other banks’ Automated Teller Machines
12 August 2014, 15:45
The Nigeria Union of Petroleum and Natural Gas Workers has issued a 14-day strike notice to the federal and state governments over a dispute with Agip Oil Company..
11 August 2014, 14:38
There are indications that the federal government has concluded plans to merge all the aviation agencies into a single entity by the end of August.
11 August 2014, 13:34
An oil spill site within an oil field operated by Shell Petroleum Development Company in Bayelsa has been gutted by fire.
11 August 2014, 12:25
Three of Nigeria’s largest banks in 2013 shrink their staff overall pay, including salaries, bonuses and other benefits.
07 August 2014, 18:30
Communities hosting the Nigerian Agip Oil Company (NAOC) operations in Bayelsa have re-opened the five oil wells earlier shut down in the Idu Oil Fields.
07 August 2014, 16:16
Infrastructure spending in Nigeria is expected to grow by more than 200 percent to the year 2025 as the country establishes itself as the continent’s biggest economy.
06 August 2014, 14:50
While still largely based in the informal economy, the African haircare business has become a multi-billion dollar industry that has drawn global giants .
04 August 2014, 19:04
The federal government has offered to offset the N25 billion owed to companies that supplied gas to privatised independent power plants.
04 August 2014, 18:12
The breakdown of the funds transfer platforms of some major banks is preventing bank customers from conducting inter-bank transfers and other online transactions.
04 August 2014, 17:01
Nigerian banks are facing dwindling fortunes due to harsher operating environment.
04 August 2014, 15:44
Shell and the federal government have been accussed of doing noting to ease oil pollution in Ogoniland three years after a landmark UN report called for a $1 billion dollar clean-up.
04 August 2014, 15:34
Sterling Bank Plc has been appointed by the governments of Oyo and Kaduna States as receiving bank for their bond issuance programmes.
04 August 2014, 14:35
There are indications of an imminent blackout across the country between August and September due the planned maintenance of all gas plants by the Nigeria National Petroleum Corporation.
04 August 2014, 14:15
The Ikeja Electricity Distribution Company (IKEDC) has introduced an online platform to facilitate convenient payment options.
04 August 2014, 13:16
The federal government has unfolded plans to reduce taxes on telecommunications infrastructure in the country.
04 August 2014, 12:02
The three unions in the nation’s aviation industry say they have shelved their strike scheduled for August 4.
04 August 2014, 07:50
Oil prices have risen in Asia, but gains were capped following weakened demand caused by refinery shutdowns and easing concerns about global armed conflicts.
02 August 2014, 10:06
Commercial banks in Benue on Friday joined the Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) ongoing strike.