Former vice President of Nigeria and a chieftain of the ruling All Progressives’ Congress, Alhaji Atiku Abubakar has said rising inflation rate remains a major obstacles...
Financial experts at the research unit of FSDH Merchant Bank have projected that the inflation rate (year-on-year) will drop marginally to 15.99% in August 2017 from...
Fidelity Bank recorded a very strong financial performance in the first half of 2017, posting growth in profits, gross earnings and other indices for the six...
By Richards Adeniyi The verbal fireworks between the management of Nigeria Ports Authority and Niger-Global Engineering and Technical Company Limited (NGETCL) over alleged multimillion dollars...
By Richards Adeniyi Chairperson of the Nigerian Ship-owners’ Forum and former president, Nigerian Trawler Owners Association (NITOA), Mrs. Margaret Orakwusi, has decried the continued withholding of...
Despite President Muhammadu Buhari’s strong insistence that his administration would not devalue the Naira, the opening of special Investors & Exporters’ (I&E) foreign exchange window amounts...
Total debts of electricity companies to various banks in the country still stands at a staggering N107bn, data from the Central Bank of Nigeria has...
By Odunewu Segun Unity Bank, one of Nigeria’s tier 2 commercial banks may be running on borrowed funds following its precarious financial situation and the huge...
The naira closed at 365 per United States dollar at the parallel market on Wednesday, the same rate it closed on Tuesday. This was despite...
The Naira sluggishly added N1 against the United States Dollar, exchanging at N364/$1, higher than the N365 posted on Friday at the parallel market. It was...