Fear gripped the people of Mango Village, and those around the Gbekebor waterways in Burutu Local Government yesterday when the 3 Battalion of Nigerian Army, Effurun, and Joint Task Force, JTF, destroyed over 600 illegal refineries located...

The All Share Index continued its ascent today gaining 0.84% to close at 22,537.98. The banking sub-sector continues to drive the positive performance of the Exchange as nine banks recorded positive price appreciation in the day’s trading....

Zenith bank released its first quarter financial statements today. The top-tier bank made N 72.4 billion in Gross Earnings between January and March this year, up 33% from the N 54.3 billion it made at the end...

The National Assembly has stopped all versions of the Petroleum Industry Bill (PIB) before it. There is no such bill as Petroleum Industry Bill (PIB) before the lawmakers at both the lower and upper chambers of the legislature,...

Siemens, one of the world’s leading providers of energy solutions has been partnered by Nigerian company – Scanpower to build a 1,600 Megawatt Gas turbine power station in Lekki. Chief Executive Officer of Siemens AG stated, “A...

Whilst Nigerians languish under immense inconvenience and hardship due to the inavailability of adequate or infact any power supply in most parts of the country, the leadership we look to in order to seek solutions to the...

The Central Bank of Nigeria has denied making payments of N 844.9 billion to the Nigerian National Petroleum Corporation (NNPC) for fuel subsidy, as alleged in the Fuel Subsidy Report. In a letter to Speaker Aminu Tambuwal...

A bill to amend the Central Bank of Nigeria Act has scaled through a second reading at the House of Representatives. Lawmakers are seeking to amend the Act in order to get the CBN to provide more...

Testifying before the House  Ad hoc Committee on  Causes of the Near-collapse of the Nigerian Capital Market, the Central Bank of Nigeria (CBN) has blamed the banking industry on the insider abuse that plagued the system. Kingsley...

Bullish sentiments prevailed in the banking sub-sector as 11 banks recorded appreciation with none recording a loss in the day’s trading. The release of Q1, 2012 results from First Bank and FCMB on the bourse today only...