Business News

 A cumulative amount of N26.75bn has been recovered from debtors of liquidated banks, the latest statistics obtained from the Nigeria...

 Lafarge Africa said on Friday it had applied to Nigeria's energy regulator for a license to generate 260 megawatts of...

The United Bank for Africa (UBA) said on Friday it had raised 11.5 billion naira ($57.8 million) by selling new stock to...

The Presidential Taskforce on Power, which made this disclosure yesterday in its generation report, showed that power distribution has increased...

Akwa Ibom State will on Monday begin the construction of a plant to assemble luxury cars, ambulances and fire trucks...

Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele,  has underscored the bank’s determination to lead the revitalisation of the...

African Development Bank (AfDB) has urged stakeholders to intensify efforts to chart a course for improving Domestic Resource Mobilisation (DRM)...

LAGOS State Governor, Mr. Akinwunmi Ambode, yesterday, said his administration will take advantage of the huge potentials in the hospitality...

One of the reforms he said he would carry out on assumption of duty as President was to cut down...

The total number such scams grew astronomically from 3,786 cases in 2013, to 10,612 cases in 2014, the report said....