Business

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  Close revenue accounts with banks – FG orders MDAs

  The Federal Government on Tuesday directed all its Ministries, Departments and Agencies to close...

  • Posted January 8, 2015
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  Concerns grow over economy as oil hits $51

  As global oil prices extended their declines on Tuesday, plunging to fresh five-and-a-half year...

  • Posted January 8, 2015
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  Spill: Shell pays N15bn to Rivers community

  Oil giant, Shell, has paid the sum of £55m (about N15.4bn) as compensation to...

  • Posted January 8, 2015
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  “Islamic banking good for Nigeria” – Ali

  The President, Islamic Development Bank, Jeddah, Saudi Arabia, Dr. Ahmad Ali, says Islamic banking...

  • Posted January 8, 2015
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  Transcorp Hotels raises N4.2bn from Initial Public Offering

  Transcorp Hotels Plc (THP) has said it raised N4.2 billion from its recent initial...

  • Posted January 8, 2015
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  CBN may further devalue naira after elections

  The Central Bank of Nigeria’s Monetary Policy Committee might be forced to devalue the...

  • Posted January 7, 2015
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  National Assembly pledges to pass oil bill before June

  The two chambers of the National Assembly on Monday dispelled fears that the 7th...

  • Posted January 7, 2015
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  Oil slides to five-and-a-half-year low at $53

  The prices of crude oil in the international market declined further on Monday raising...

  • Posted January 7, 2015
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  Shareholders get UBA’s rights issue at 7.4% discount

  United Bank for Africa  (UBA) Plc is offering  shareholders a discount of  7.4 per...

  • Posted January 7, 2015
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  Power generation falls by 743MW in one week

  Peak power generation fell by 742.9 megawatts in the last one week to 3,646.8MW...

  • Posted January 7, 2015
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