The Central Bank of Nigeria (CBN) has directed banks to remit five per cent of their profit after tax (PAT) for investment in the Agricultural/Small and...
About 23 of the companies granted licences to establish private refineries in the country are yet to commence work, and may lose their permits as...
allays fear of fuel pump price increase Some International Oil Companies involved in an alleged export of $17bn worth of Nigerian undeclared crude and gas resources...
Nigeria’s naira eased 1.2 percent against the dollar on the black market on Tuesday despite the Central Bank of Nigeria attempt to improve dollar supply and...
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked for a N10 margin per dollar from the Central Bank of Nigeria (CBN). Granted,...
Etisalat Nigeria has denied the claim of patent infringement by V-Exchange Ltd. which was reported recently in the media. The management of V-Exchange claimed that it...
By Odunewu Segun Despite major reductions in net cash used for investing and financing activities, Cadbury Nigeria closed the 2016 operations with a net cash decrease...
By Odunewu Segun It is without doubt that the 2016 financial year was a rather challenging macroeconomic environment for many businesses to operate under. But shareholders...
Hyundai Motors Nigeria Limited (HMNL) has announced a starting price offer of NGN2, 695,000 for prospecting customers seeking to buy Hyundai cars in the company’s periodic...
By Odunewu Segun With over $768 million injected into the forex market last week, the black market rate remained at N406/$1 suggesting that the effect of...