How Ibru Family Dispute, Economic Downturn Sunk Federal Palace Hotels
The dispute among members of the Ibru family over ownership of Federal Palace Hotel in Victoria Island, Lagos and an...
These Analysts Believe The CBN Is Not ‘Bothered’ About An 18% Inflation Rate
Analysts are betting that the Central Bank of Nigeria (CBN) will cling to the interest rate despite a surge in...
300,000 BPD At Stake: NDA Bombs Pipeline Operated By Shell, Oando
Reuters|Nigerian militant group Niger Delta Avengers on Tuesday said that it had attacked the Nembe Creek Trunk Line pipeline in...
Never Miss These 4 Things When Using An ATM
ATMs have made sending and receiving cash very easy. You don’t really need to visit the bank to perform banking...
Union Bank Plans N50 billion Rights offer
In corporate news, UBN has announced plans to raise as much as N50 billion via a rights issue with permission...
Forte Oil Share Price Drops Below N100 For First Time In 3 1/2 Years
Forte Oil Nigeria Plc hit a new year low on Monday after its share price closed trading at N94.32. At...
New law: Almighty CBN Seeks Sweeping Powers To Seize Foreign Currency, Restrict Repatriation etc.
The Central Bank of Nigeria is proposing a string of new amendments to the Foreign Exchange, Monitoring and Miscellaneous Exchange...
BOOM: FMDQ Suspends Spot FX Closing Rate, Confirming Flexible Exchange Rate Is Broken
The FMDQ OTC, the official market for bonds, treasury bills and forex trading has approved the suspension of the FMDQ...
Forte Oil To Borrow N9 billion Via Bonds
Nigeria's oil and gas firm, Forte Oil Plc has finalized plans to raise about N9 billion via corporate bonds. According...
CEO of Suntory Ltd, Makes First Comment Since Buying Ribena and Lucozade
Suntory Beverage and Food Nigeria recently acquired the distribution business of popular beverage brands, Lucozade and Ribena from GSK Nigeria....
