Business News

President Muhammadu Buhari has insisted that corruption was the major factor responsible for the suffering of millions of Nigerians.

As the September 30th deadline set by the Central Bank of Nigeria (CBN) for banks to maintain a 60% minimum loan-to-deposit ratio...

Aero contractors have concluded plans to commence flight operations to Benin Airport, Edo state, in the middle of September.

The shareholders of Flour Mills Plc have unanimously approved the payment of N1.20k per share dividend, amounting to N4.92 billion...

Having admitted to overpayment without due knowledge of Japanese automaker, Nissan, Hiroto Saikawa has resigned as the Chief Executive Officer (CEO) of the...

The LCCI has advised CBN to curb multiplicity of exchange rates, a development it argued could send negative signals to investors.  

The FMDQ Securities Exchange Plc said it is finalising a plan that will encourage the inflow of capital investment whilst encouraging home construction through...

The Minister of Works and Housing, Babatunde Fashola, has described the statements credited to the Bureau of Public Procurement regarding inflated contracts in the...

Two takaful firms have been granted provisional approval by the National Insurance Commission (NAICOM)to run their operations in Nigeria.

Nigeria’s insurance industry has not shared in the growth experienced by other Nigerian financial services, notably banks, pension funds and...