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...
A Moroccan delegation led by the Director-General of the National Office of Hydrocarbons and Mines (ONHYM), Mrs Amina Benkhadra, took part in Abuja at a meeting...
Nigerian Communications Commissions (NCC) has asked the operators Airtel and 9mobile to pay a total fine of N136million. According to its 2019 first quarter enforcement report, the...
Otigba Computer Village in Nigeria is arguably the largest information and communication technology (ICT) market in Africa. The story began with a sole proprietorship in a...
The South African telecommunications giant MTN will soon offer financial services to its 67 million mobile customers in Nigeria and aims, far beyond, the unbanked population....
The business activities within Nigeria’s manufacturing sector has sustained its positive status as the Purchasing Managers Index (PMI) for the month of July showed expansion in...
The Assets Management Corporation of Nigeria (AMCON) has published the names of its top 20 debtors. According to the corporation, the “delinquent debtors”, owe 67% of the...
The Central Bank of Nigeria (CBN) has intervened in the wholesale segment of the foreign exchange market, supplying about $210 million to dealers in that window....
The President of Dangote Group, Aliko Dangote, is set to invest $800 million (N288 billion) in dairy production in the next three years. Naija News understands...
The Central Bank of Nigeria (CBN) has injected 102.3Billion Naira in the Retail Secondary Market Intervention Sales (SMIS). The bank’s Director, Corporate Communications Department, Mr Isaac...
MTN To Get New Board MTN Nigeria on Wednesday, announced a change in the composition of its board which will take effect upon the expiration of...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has revealed the plans of the Apex bank to restrict foreign exchange for the importation of...
House Speaker Wants More Backing For Cryptocurrency The Speaker of the House of Representatives Rt. Hon. Femi Gbajabiamila has said that there is a need to...
The Group Managing Director/CEO of KAM Industries Nigeria Limited, Dr. Kamorudeen Yusuf, has emerged as the Chairman of the Basic Metal, Iron And Steel Fabricated Metal...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.50%. The governor of the Central...