The funds available for the Subsidy Reinvestment and Empowerment (SURE) programme has fallen from N 1.134 trillion to N 426 billion, a reduction of approximately N 700 billion. The decrease is as a result of government’s inability...

Nigeria’s apex bank, the CBN, has injected N 75 billion facility into the agricultural sector of the economy. This is in a bid to diversify the country away from its dependence on oil income and support local...

The Minister of Trade and Investment spoke of the vast investment opportunities in Nigeria and their impact on Foreign Direct Investment during a courtesy call to one of the leading media houses in the country recently. He...

The stock market began the week on a positive note as the All Share Index inched up by 0.13% today to close at 20,619.05. The banking sub-sector was predominantly bullish as UBA continued to improve on its...

Scorto Corporation, a globally recognized provider of decision management and risk mitigation solutions and services, has started operations of a new, regional headquarters in Nairobi, Kenya.   Having served lending and credit based organizations since 2005, the...

Panic gripped residence of Ondo State as some Oil Marketers have increased their fuel prices following fuel scarcity that loomed in the state. Apart from Akure, the state capital some Oil marketers in communities like, Owo, Ikare...

According to Industry Stakeholders including Residents’ Associations, Oil and Gas Workers and Customs Officials, the location of tank farms in Apapa and Kirikiri are a time bomb waiting to explode. Even overlooking the billions of naira in...

There  were  indications on Sunday that President Goodluck Jonathan might carry out a cabinet reshuffle later this month. A senior government official who spoke to our correspondent on the condition of anonymity said those affected were to...

Zenith Bank of Nigeria Plc has been awarded the ‘Best Bank in Nigeria’ owing to it high standards of corporate governance. The award was bestowed upon Nigeria’s leading financial institution by the World Finance magazine, in recognition...

The Central Bank of Nigeria (CBN) will next month probe  banks’ foreign exchange transactions. Known in banking parlance as special or target examination, the investigation is to ensure that banks’ foreign exchange deals are in line with...