Business

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  External reserves drop to $26.2bn

  The nation’s external reserves fell marginally to $26.20bn on July 28, down from $26.32...

  • Posted August 3, 2016
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  Wema Bank plans N20bn bond issue this month

  Wema Bank Plc, which aims to expand its branch network this year, is planning...

  • Posted August 3, 2016
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  Long Bridge repairs for completion this month – Fashola

  The contractor rehabilitating the Long Bridge at the Lagos end of the Lagos-Ibadan Expressway,...

  • Posted August 3, 2016
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  Lagos to disburse N25bn employment fund in September

  Lagos State Government has said that the disbursement of N6.25billion being the first tranche...

  • Posted August 2, 2016
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  CBN to mop up N245bn as cost of funds falls by 50%

  The Central Bank of Nigeria (CBN) will this week mop up N245 billion from...

  • Posted August 2, 2016
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  NERC fines four power firms N24.56m for breaches

  The Nigerian Electricity Regulatory Commission has penalised four power distribution companies as a result...

  • Posted August 2, 2016
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  N3.9tn lost annually to illegal non-oil exports – NEPC

  The country is losing $12bn (N3.9tn) annually to informal or illegal non-oil exports, the...

  • Posted August 2, 2016
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  Local debt servicing gulps N1tn in one year

  The cost of servicing the Federal Government’s increasing domestic debt hit the N1tn mark...

  • Posted August 2, 2016
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  Nigeria’s oil faces threat as Saudi Arabia cut prices

  Saudi Arabia, the world’s largest crude oil exporter, has cut all official selling prices...

  • Posted August 2, 2016
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  FAAN workers reject airport concession plan

  Workers of the Federal Airports Authority of Nigeria have rejected the concession plan by...

  • Posted August 2, 2016
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