Business News

The Central Bank of Nigeria (@cenbank) is reportedly set to increase banks’ Loan to Deposit Ratio (LDR) to 70%, from...

President Muhammadu Buhari has appointed Edward Lametek Adamu as the new chairman of the Asset Management Corporation of Nigeria (AMCON)

NCDMB is optimistic that Dangote Refinery will boost local content policy with its 650,000 barrels per day project under construction.

Muhammadu Buhari issued a directive yesterday which requires all MDAs to publicly disclose any transaction that is N5 million and...

President Buhari decided against extending the tenure of Babatunde Fowler as the chairman Federal Inland Revenue Service (FIRS).

Contractors working on the federal road projects are being owed N306 billion by the Federal Government. 

Babatunde Fowler, the immediate past Executive Chairman of FIRS, has reacted to President Muhammadu Buhari’s decision not to retain him.

China has continued to take advantage of Nigeria’s growing economic potential, as ZKTeco disclosed its plan to invest in the...

The Federal Government will start disbursing N600 billion to key operators in the power sector very soon.

Companies also expect the Naira to appreciate in the current month, next month and next twelve months.