The Nigerian National Petroleum Corporation (NNPC) has confirmed and explained why it withdrew $1.05billion from the Nigeria Liquefied Natural Gas (NLNG) dividend account, stressing that Section...
The minister of finance, Zainab Ahmed, has said that says owners of yachts and private jets will be taxed on these luxury items in 2019. The Minister, while addressing...
The Central Bank of Nigeria and MTN Nigeria Communications Limited have reached an out of court agreement on the $8.1 alleged illegal repatriation of fund. This...
Femi Otedola, Nigerian billionaire businessman, will be selling his 75 per cent direct and indirect shareholdings in Forte Oil. This revelation was made In a statement the...
Mr. Adeyemi Adetunji, Managing Director, Nigerian National Petroleum Corporation Retail has disclosed that the company made N1.8 billion profit after tax in 2017. Adetunji made this known...
Access Bank Acquires Diamond Bank The management of Diamond Bank as well as Access Bank have officially confirmed the merger process between the two banks, puting an end...
Following a challenging year for the Nigerian economy, in which recovery from the minor recession of 2016 has been more sluggish than anticipated, the outlook for...
Customers Concerned Over Access Bank Purchase Of Diamond As inside sources have disclosed that Diamond Bank has been acquired by Access Bank, Nigerians, customers and non-customers alike have...
Diamond Bank has been acquired by Access Bank according to insiders, who further revealed that the official announcement of the transaction will be made in the...
The federal government says the 36 state governments and the Federal Capital Territory (FCT) will soon access World Bank’s $750 million grant. Naija News Understands that...
A general decrease in the price of goods and services in November as consumer price index that measures inflation rose to 11.28%, has been recorded by...
FIRS Set To Break Revenue Record Federal Inland Revenue Service (FIRS)‘s executive chairman, Tunde Fowler, has noted that the service has generated N5 trillion in 50...
Nigeria’s GDP Records Positive Growth The National Bureau of Statistics, NBS, says the nation’s Gross Domestic Product (GDP) grew by 1.81% (year-on-year) in real terms in...
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From Hong Kong to New York, the world stock exchanges, already in small form, were alarmed Thursday the arrest of an official of the Chinese group...
South African telecoms company MTN Group and Nigeria’s central bank are negotiating to settle a $ 8.1 billion dispute, lawyers said Tuesday when the Lagos court...
Rivers State governor, Nyesom Wike has urged the new leadership of the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) to work with the...
Operators of small and medium enterprises (SMEs) in Nigeria have been advised to carry out proper checks before accepting capital from potential investors in a bid...
The Central Bank of Nigeria (CBN) has intervened in the wholesale segment of the foreign exchange market, supplying about $100 million to dealers in that window....
The Nigerian Senate has requested the federal government(FG) to suspend all excise tariffs until all parties involved are appropriately and adequately consulted and engaged for serious...
