PMB Will Privatise Energy,Health, Telecommunication, Solid Minerals and Infrastructural Facilities

President Muhammadu Buhari in Washington on Tuesday invited American business people to come and invest in Nigeria by taking advantage...

PPMC Revokes Bulk Purchase Agreement With 3 Marketers

Pipelines and Product Marketing Company (PPMC) has revoked the bulk purchase agreements of three petroleum marketers caught diverting petroleum products...

Canned Fish Production On The Way Here In Nigeria

Catfish Farmers Association of Nigeria (CAFAN) on Monday said the association would soon start the production of canned catfish in...

Moody’s Investors Declares Sterling Bank Stable

Moody's Investors Service, an accomplished and highly respected international ratings agency has further confirmed the resilience of Sterling Bank in...

Prestige Assurance Records N2.65bn Gross Premium

 Prestige Assurance Plc said its gross premium stood at N2.65bn at the end of 2014 financial period. ...

Naira Remains Under Pressure As MPC Meets Thursday

Economic and currency analysts expect the naira to remain under pressure at the parallel market this week even as the...

Lufthansa Kicks Out 13 Nigerian Amnesty Pilots

In far away Germany, no fewer than 13 Nigerians from the Niger Delta region undergoing commercial point training at the...

Nigeria And The UK Seals Trade Pact Worth N4.5trn

To increase the level of trade between Nigeria and the United Kingdom to about N4.5 trillion by 2020,the Nigerian Exports Promotion...

51 Mortgage Banks Fail To Meet Recapitalisation Requirements

A total of 51 primary mortgage banks (PMBs) failed to meet up with the recapitalisation stipulated by the Central Bank...

NNPC Says Nigerians Spent N1.7trn On Petrol In 2014

Nigerians bought a total sum of N1.69 trillion worth of Premium Motor Spirit, also known as petrol, in 2014, according to data...

Oando Is Seeking Legislation To Boost Usage Of Renewable Energy

Oando Energy Resources (OER), a subsidiary of Oando Group, has called on the three tiers of government in Nigeria to...

NACCIMA Says Nigeria Will Save $50 Billion Annually if……

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), ‎has said that over $50 billion would be...

IMF Says Nigeria’s Oil Revenue Has Dropped To $32.3b

Revenue received by the federation from crude oil sales, Petroleum Products Taxes (PPT), and royalties (after subsidies provided by Nigerian...

[WARNING] Iran Says It Will Focus on Regaining Lost Oil Market Share Regardless of...

In another blow to Nigeria’s mono economy, Iran says it will emphasize regaining oil sales it lost due to sanctions over helping to prop...

Concerns Mount Over Ban on 113 Vessels From Crude Lifting

At present, unease pervades Nigeria’s oil and shipping business sector following the suspension of about 113 vessels from lifting crude...

NNPC Bans 113 Vessels From Crude Oil Lifting In Nigeria

113 oil tankers have been banned from lifting crude oil from Nigeria due to sharp practices recorded in the export. ...

These 3 Companies Will Pay Dividends This Week

The following stocks are expected to pay dividend this week (July 20 - 24th, 2015). Only shareholders whose names appeared on or before the...
CBN Gov Godiwn Emefiele

LCCI Wants CBN To Investigate Banks’ Culpability Over Bank Loans

The Lagos Chamber of Commerce and Industry (LCCI) has charged the Central Bank of Nigeria (CBN) to go beyond the...

[MARK DOWN] These Companies Will Close Its Register for Dividend This Week

The following companies have been announced they will be closing their register for dividend payments this week. Shareholders whose names appear on the register...

[Official] Ecobank adds 1.25billion new ordinary shares to its shareholdings

Ecobank has issued the following press release regarding its outstanding shares; A total of 1,250,000,000 ordinary shares of US$0.025 each at...

India Will Buy More Crude From Nigeria

India has shown greater desire for crude oil from Nigeria and other West African countries. The country’s...

CBN Will Open BVN Centre In South Africa

The Central Bank of Nigeria has approved a centre to conduct biometric verification for Nigerians in South Africa. Nigeria`s Consul General...

Banks Loose N199b To E-Fraud

Nigerian banks have lost a total of N199 billion to e-fraud between 2,000 and 2014, mostly due to inappropriate and...

President Buhari, 33 Others Arrives The U.S

President Muhammadu Buhari yesterday arrived at the Joint Base Andrews Airport, Washington D.C. to kick-start his official visit to the...

Expect 75% Decrease In Price For Tomatoes In December – Experts

Barring any unforeseen circumstances, the prices of tomatoes which currently hover around N30, 000 is expected to fall by about...

$182m Halliburton Scandal: Buhari Orders Preparation of Case-File

As he leaves for the United States, President Muhammad Buhari  has ordered the preparation of the case-file that would lead...
petrol pump in a gas station

Petroleum Marketers Groan Over Dollar Scarcity

Marketers of petroleum products are now finding it difficult to get dollars to finance import transactions; even with the naira...

NDIC Says There Is Poor Governance Culture In Banks

The Nigerian Deposit Insurance Corporation (NDIC) has faulted poor governance culture and risk control practices of some financial institutions capable...

Here’s How Buhari Will Spend His Four-Day Visit To The US

The President, who will be received by the United States Secretary of State at the State Department in Washington DC,...

FCMB, Acugas, Others Sign N87.7bn Gas Infrastructure Deal

First City Monument Bank, FCMB Ltd and Acugas Ltd have entered into a financing agreement that will see the bank...

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Murtala Muhammed International Airport

FG concludes plan to demolish Lagos Airport, reconstruct with N14bn

The Federal Government of Nigeria (FG) has revealed that plans have been perfected to demolish the Murtala Muhammed International Airport, Lagos, in order to reconstruct it.
MTN Nigeria has signed a N200 billion loan deal that effectively shuts out any imminent public offer

Billionaires club: The current owners of MTN who need to sell for you to...

If you are one of those very active social media enthusiasts on WhatsApp, Twitter or Facebook, then you must have come across the image...
Central Bank of Nigeria

How to get the Central Bank of Nigeria to credit your account

Doesn’t it feel good to be a lender of money? Yes, it does, especially if you know the borrower is creditworthy and would repay you with interest as at when due. The Central Bank of Nigeria could always borrow money from you and repay you when the time is due.