Four major Nigerian banks are grappling with the implications of the Central Bank of Nigeria’s (CBN) stringent recapitalisation policy, potentially…
Browsing: Business
The Nigeria Deposit Insurance Corporation (NDIC) has announced the successful disbursement of N5 million each to 82.36 per cent of…
Billionaire businessman Tony Elumelu has demanded that Nigeria’s security agencies intensify efforts to expose and apprehend those responsible for the…
Daud Olatunji In a significant stride towards enhancing operational standards and reinforcing its dedication to quality management, Egbin Power Plc,…
Nigerian business mogul Tony Elumelu has accused former President Muhammadu Buhari and his late chief of staff, Abba Kyari, of…
The Dangote Refinery, has revealed that 60% of its crude feedstock since commencing full operations has been supplied by the…
GCR Ratings (GCR) has affirmed the national scale long-term and short-term issuer ratings of AA+(NG) and A1+(NG) for Dangote Industries…
Former President Olusegun Obasanjo has raised concerns that individuals benefiting from the lucrative fuel importation business in Nigeria will attempt…
Daud Olatunji Five major Nigerian banks including Wema Bank have recorded a combined foreign exchange (forex) gain of N67.89 billion…
Food inflation in Nigeria has reached a staggering 40 per cent, according to the latest data from the National Bureau…