CATEGORY: NEWS REVIEWS

Africlear Announces Groundbreaking Initiatives To Promote Financial Inclusion Across Africa

Africlear plans to launch a platform that will enable investors attend general meetings electronically and vote in real-time. Investors...


New OMO Maturities Keep Interbank Lending Rate At 1%, As Banks Flock To Bonds

  About N179 billion in matured OMO bills was injected into the system last Thursday, adding to the banking...


FG records N676bn revenue shortfall in six months – CBN

The Federal Government recorded a fiscal deficit of N676.47bn in its operations within the first six months of the...



FG Will Bring Illegal Miners To Justice – Fayemi

In its bid to diversify the economy, the Federal Government has expressed readiness to invoke the extant laws on illegal...


[CAMA] Oando Shareholders Could Be Made To Refund Dividends Paid In 2014

The shareholders of Oando Plc could be on the hook to return the dividends it wrongfully paid out of...


Buhari Set To Launch Rice Farmers’ Borrowers Scheme

President Muhammadu Buhari will tomorrow launch the ‘Anchor Borrowers’ Programme’ (ABP) for rice farmers in Kebbi State. The programme is...


There Is Sufficient Fuel To Meet Domestic Demand – NNPC

The Nigerian National Petro­leum Corporation (NNPC) has assured the public that it has sufficient quantity of petrol in stock...


How Nigerian Companies Choose Who To Fire When They Downsize

Femi was the first to resume at work on Monday as he has always done for over a year...


Nigeria’s Inflation Rate Drops For The First Time Since 2014

Nigeria’s October inflation rate rose by 9.3% compared to 9.4% in September, according to the monthly CPI report released...


NLNG Will Take Delivery of 4 New Vessels By End Of 2015

The Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria Liquefied and Natural Gas Limited (NLNG) will take delivery of...


Governor Umahi Of Ebonyi State Retires All Permanent Secretaries

Ebonyi State Governor, Dave Umahi has ordered the immediate retirement of all permanent secretaries in the state’s civil service. This...


More Trouble For Nigerian Banks As CBN Doubles Provisions Against Bad Loans

The Central Bank of Nigeria has issued a circular to Nigerian banks instructing them to increase the provisions on...


[FUEL SCARCITY] NNPC Directs Mega Stations, Others To Commence 24-hour Service

The Nigerian National Petroleum Corporation (NNPC) has  earmerked a number of measures to ensure adequate supply of petroleum products to...


MTN Has Till Monday To Pay Up

Time is running out on MTN to either negotiate downwards or pay up the N1trillion fine imposed on it...


Shocking Photos Of A Sick Looking Diezani Released

Pictures of a sick former Minster of Petroleum Resources of Nigeria, Mrs. Diezani Alison-Madueke CON surfaced this morning on social media...


Udo Udoma, Enelamah Both Resign From Board Of UAC

UAC of Nigeria has informed the Nigerian Stock Exchange of the resignation of two of its board members Senator...


Bank Of Industry To Build 6 Cinemas Across Nigeria

The Bank of Industry (BoI), as part of its support for the growth of the creative industry in Nigeria,...


Desperate Smuggler Disguise Alcohol As Pepsi To Get Into Saudi Arabia

Saudi authorities at border with United Arab Emirates caught a man with 48,000 cans of Heineken – all disguised as Pepsi cola....


Expert Says Electricity Market Is Losing N330m Revenue Daily

A power sector expert,  Olajuwon Olaleye has decried the comatose state of the Nigerian electricity market and says it...


CBN Took Calculated Actions To Embarrass The FRC – Jim Obazee

According to the Executive secretary and CEO of the Financial Reporting Council (FRC) Jim Obazee, the CBN did not...


3 Alternative Investments In Which the Ultra-Rich Put Their Money

The ultra-rich, also known as ultra high-net-worth individuals (UHNWIs), are people defined as having net worth of at least $30 million....


How Buhari Bent The Rules In Selecting The New Perm Secs

President Muhammadu Buhari has revealed that he changed the tradition of subjecting permanent secretaries to written and oral tests before...


NNPC Probes Multi-Billion SAP Electronic Management Contract

The Nigerian National Petroleum Corporation is currently undergoing a technical audit and review of the controversial multi-billion Naira enterprise resource...


The World Of Business Today (13 Nov 2015)

1.Turing Pharmaceuticals, the US company that hit the headlines for gouging the price of a HIV treatment drug by...


British Airways Picks Nigeria As Biggest Market In Africa

British Airways has adjudged Nigeria as its biggest market for air transport business, stating that the airline is investing heavily on...


Power Generation Jumps Above 4,000mw

After almost one month of sliding to less than 3,500MW, Nigeria has managed to attain power generation and supply of...


World Bank Will Support NEXIM Bank on Nigeria’s Mining Sector

The World Bank has pledged to support the Nigerian Export-Import Bank (NEXIM Bank) with regard to developing Nigeria’s mining sector....


Guinness Confirms Receipt Of NAFDAC Letter, Assures Consumers Of Product Quality After Allegations Of Violation

  Guinness Nigeria says it is assuring its Nigerian consumers of the quality of its products and materials used...


Why Transcorp Is Suing South African Oil Company (SacOil)

Reports reaching Nairametrics reveals Transcorp has sued SacOil over OPL 281. The company is said to be claiming damages...


BVN: Enroll Customers Indefinitely, CBN Instructs Banks

Bank customers do no longer need to panic over deadlines as it affects the Bank Verification Number (BVN) registration....