Nigeria has been ordered to pay $ 9.6 billion, or 20 percent of its foreign exchange reserves, to Process and Industrial Developments Ltd, in a dispute...
Process and Industrial Development Limited (P&ID) has been given the nod by a British court to seize Nigerian assets worth $9 billion. Naija News reports that...
While so far the known oil reserves in the Congo were off the coast, new discoveries on the ground give hope to quadruple production in the...
By raising the ratio loans/deposits to 60%, Godwin Emefiele, the governor of the Nigerian Central Bank, is in trouble the number two sector, First Bank of...
As the largest oil producer on the continent, Nigeria aims to become the largest fuel supplier in West Africa. To achieve this, the state-owned Nigerian National...
President Muhammadu Buhari has signed a new law that enables the Asset Management Corporation of Nigeria (AMCON) to monitor the bank accounts of its debtors under...
The Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Elias Mbam, has revealed that the Federal Government is considering the review of the revenue sharing formula...
