U.S. top aircraft manufacturer Boeing Company has posted a loss of about 3 billion U.S. dollars in earnings for the second quarter of 2019 due to...
Nigeria is facing the risk of never recovering about N5.5 trillion ($15 billion) of bad loans from 350 Nigerian firms and individuals, Asset Management Corporation, AMCON...
The Nigerian Communications Commission (NCC) says the active subscribers on the telecommunication networks reduced by 72,782 in April 2019. The telecommunications regulator disclosed this in its...
NigComSat-1R, Nigeria’s only communications satellite will outlive its usefulness by 2026, meaning that the satellite will expire by then. Recall that NigComSat-1, was designed and built...
Central Bank of Nigeria (CBN) has confirmed the licensing of three new banks by adding them under different lists published on its website. The new operators...
It is no longer news that agriculture is the new big thing, and many who are involved in it are making it. In any sector you...
By Chioma Obinagwam The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Nigeria’s apex bank, has retained the Monetary Policy Rate (MPR) at...
The Managing Director of the Nigerian Ports Authority said ship owners are paying heavily to secure the vessels at the Nigeria’s eastern ports, due to activities...
First Bank of Nigeria Limited has organised a joint seminar with sub-Saharan African banking and telecom regulators to promote financial inclusion through digital innovations in sub-Saharan...
The asset base of the Bank of Industry has exceeded N1 trillion, this is the first time in the history of the existence of the bank....