Signs of a sharp recovery in bank earnings for the first quarter are drawing investors to Nigerian shares after several years of turbulence in local stock markets following a 2008 banking crisis that wiped 60 percent off their value....

The Managing Director of Access Bank Plc, Mr. Aigboje Aig-Imoukhuede, said he will quit as helmsman of the bank before December 31, 2013. Speaking at the Annual General Meeting of the bank in Lagos, Aig-Imoukhuede said his...

The Nigerian Communications Commission has said that contrary to insinuations that the N6.1bn Subscriber Identification Module card registration budget has been mismanaged, it has so far spent only 15 per cent of the amount. The Executive Vice...

The minister for Power, Barth Nnaji, has blamed inadequate gas supply, and seasonal water shortages as some of the reasons why there has been a significant drop in power supply in Lagos and other parts of the...

Having concluded the fuel subsidy probe successfully, the members of the House of Representatives have indicated that they will begin to focus on other aspects of corruption and mismanagement in the petroleum sector in Nigeria. The initiative...