Access bank recently joined the league of top-tier banks in the country with its acquisition of Intercontinental bank. It only follows that the bank begin to post top-tier numbers. After the 1st Quarter of the year, it...

Industry behemoth, First Bank continued its tradition of excellence, recording over N 92 billion in Earnings in Q1, 2012, up 42% from the N 64.7 billion it made over Q1, 2011. The bank also saw net interest...

Nigeria’s naira is heading for a week high against the dollar as the country’s foreign reserves increase, adding to confidence that the central bank can maintain currency stability. The naira strengthened 0.1 percent to 157.32 per dollar...

Nigeria, Africa’s largest oil producer, plans to ship six cargoes of benchmark Bonny Light crude in June after two lots for loading in May were deferred, according to a loading program obtained by Bloomberg News. The schedule comprises...

The Managing Director/CEO of Guinness Nigeria Plc, Devlin Hainsworth will, effective 1 July 2012, assume the role of CEO and Group Managing Director of East African Breweries Limited (EABL), a subsidiary of Diageo Plc. Mr Seni Adetu,...

Islamist group Boko Haram released a video late on Tuesday celebrating its bombing of a Nigerian newspaper and warning of more attacks on local and foreign media if they published reports that were biased to the sect...

The Minister of Power, Barth Nnaji, has disclosed the conversion of 11,000 casual workers in the Electricity sector to permanent staff. In a Worker’s Day message to the employees, Nnaji said, “It is a manifestation of President...

The Nigerian Ports Authority (NPA) has revealed that it will construct an electricity generation plant to tackle the incessant electricity outages at the port. Managing Director of the NPA, Omar Suleiman, stated that the electricity plant would...

Chad’s leader has called for the urgent creation of a regional force to tackle Nigerian Boko Haram militants. The Islamist group operates in northern Nigeria, but President Idriss Deby said it was posing a threat to its...

One time Presidential Aspirant and serving Senator from Kwara State, Bukola Saraki has finally reported to the Special Frauds Unit headquarters in Abuja to answer to the allegations of vast fraud he has been implicated in. The...