Days after the validity of Lekoil Ltd's $184 million loan became questionable, the company that brokered the deal said it is open to investigation.
The Nigeria Customs Service (NCS) has denied the claim of Ade Fadahunsi that it paid a consultant N1.6 billion to conduct recruitment exercise.
Business Half Hour (BHH) is a weekly podcast targeted at Startups and Entrepreneurs, who are redefining the Nigerian business scene through innovation.
Popular payments company, Visa, has announced that it is acquiring fintech startup, Plaid, in a deal worth $5.3 billion. #PLAID #VISA
Telecommunication providers in the country are set to be investigated by EFCC and DSS over allegedly owing NITDA N200 billion.
Commercial banks in Nigeria are set to begin the recovery of N6.125 trillion borrowed to oil firms in a bid to braze themselves for recapitalisation.
The shares of Nigerian-based oil company, Lekoil Limited, has been suspended from trading at the London Stock Exchange’s ‘AIM’.
Rolls-Royce Motor Cars recorded unprecedented level of sales, with a global performance unequalled in the company’s 116-year history.
President Muhammadu Buhari reportedly met with the Economic Advisory Council (EAC) last weekend in Abuja, in what appears to be a move to chart new policy directions for the Nigerian economy in 2020.
Aliko Dangote said he believes that in the next two years, his group of companies will start generating an annual turnover of $30 billion.
About 10,000 SMEs are set to benefit from the $33 million credit facility given by the German lender, KfW Development Bank.
The Federal Government has withdrawn its demand for the sum of N242 billion and $1.2 billion from telecommunications company, MTN Nigeria.
A total of N265 billion is set to be raised by the NCC and an association of several infrastructural companies.
No less than N1.341 trillion was generated by the Nigeria Customs Service (NCS) as revenue for the year 2019.
Oil marketers have said it is unfair for petrol dealers to be asked to pay the N50 stamp duty charge for transactions done on PoS machines.
On this episode of the EMM Podcast, Ugodre delved into a number of conflicting personal finance questions and issues making round in the economy. The 30-minute stretch is explosive and I enjoin you to hit play.
Lagos State Commissioner for Finance, Rabiu Olowo, has said that although the state's debt has risen to N39.692 billion, there’s no cause for alarm.
The Federal Government of Nigeria is really experiencing a serious revenue crisis which is now being exacerbated by the increasing cost of fuel subsidy.
No less than 11,331 pensioners have been paid N842.8 million by the Pension Transitional Arrangement Directorate (PTAD).
Nigeria and others have secured $20 million investment in the Metier Sustainable Capital International Fund II from AfDB.
Data obtained from the NBS show that Nigeria spent a whooping sum of N1.08 trillion to import used vehicles and motorcycles in one year.
The Apapa Command of the Nigerian Customs Service disclosed that it recorded N40.6 billion as Total FoB Value for the exports it processed in 2019.
The new Finance Bill will ensure the exemption of small businesses with an annual turnover of less than N25 million from Company Income Tax.
The Lagos State Government has announced the launch of its third series N500 billion bond issuance programme which seeks to raise N100 billion.