Business

Devakumar Edwin, Vice President of Oil and Gas, at Dangote Industries Limited has said International Oil Companies (IOCs) in Nigeria are doing everything to frustrate the survival of Dangote Oil...

First Bank of Nigeria Limited has announced the appointments of Olusegun Alebiosu, Ini Ebong and Omotunde Alao-Olaifa as managing director/CEO, deputy managing director and non-executive director of the commercial banking...

Africa’s richest person and founder of the Dangote Group, Aliko Dangote, yesterday disclosed that he had already offset about $2.4 billion of the $5.5 billion he borrowed to build his...

Critical stakeholders have highlighted two key factors capable of impinging on the country’s drive towards the adoption of compressed natural gas (CNG) as an alternative to premium motor spirit (PMS),...

The Federal Government, on Monday, decried renewed smuggling of Premium Motor Spirit, popularly called petrol, following the massive hike in the pump price of the commodity in neighbouring countries. It...

The Central Bank of Nigeria (CBN) has reaffirmed to the banking public that their deposits remained safe amid a resilient industry. CBN acting director, of the corporate communications department, Mrs....

The federal government has once again assured that it remains committed to creating a conducive environment for foreign investors to expand their business in Nigeria. The Finance Minister and Coordinating...

The Nigerian National Petroleum Company Limited (NNPCL) has said it noted with dismay a report in a section of the media alleging that it inflated petrol subsidy claims by N3.3...

The Nigeria Deposit Insurance Corporation (NDIC), which liquidated Heritage Bank loan defaulters, will soon publicize their names. Also, the executives and board members found complicit in the bank’s collapse are...

In the wake of the recent revocation of the operating license of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there are no plans to withdraw...