Headline News

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  Poor Gas Supply Causes Electricity Generation to fall 900 Megawatts as Nigerians battle Heatwave

  The minister for Power, Professor Barth Nnaji has blamed the recent state of extremely...

  • Posted March 22, 2012
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  Okonjo Iweala Said to Be Seriously Considered for World Bank

  Some African nations are planning to nominate Nigeria’s Finance Minister Ngozi Okonjo-Iweala to become...

  • Posted March 22, 2012
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  Access Bank to Sell Intercontinental Bank UK Subsidiary

  Access Bank Plc, Nigeria’s sixth- largest lender by market value, plans to sell its entire...

  • Posted March 22, 2012
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  Banks to Provide Lagos Tax Officials with Customer Information or Face Consequences

  The Chairman of the Lagos Internal Revenue Service (LIRS), Mr. Tunde Fowler, recently disclosed...

  • Posted March 21, 2012
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  CBN to Go Hard on Banks Involved in Pension Fraud

  The Governor of the Central Bank of Nigeria, Lamido Sanusi, disclosed to journalists yesterday...

  • Posted March 21, 2012
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  Foreign Exchange Reserves Appreciate 9% to $35 billion, Exchange Rates Fall

  The country’s foreign exchange (forex) reserves have improved by 9% since the beginning of...

  • Posted March 21, 2012
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  SEC Initiates Internal Investigation to Unravel Spy Ring providing Internal Memos to Hembe

  An internal investigation is also underway at SEC to discover who the mole is...

  • Posted March 21, 2012
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  Dangote Cement to Begin Operations in Liberia, Makes Initial $35 Million Investment

  Dangote Cement is to begin operating a subsidiary in Liberia within the next six...

  • Posted March 20, 2012
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  Porsche targets rich Nigerians’ love for luxury

  Nigeria’s super rich are no strangers to conspicuous consumption, and there’s no better way...

  • Posted March 20, 2012
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  Arunma Oteh Calls House of Rep Committee’s Allegations “Frivolous” – Full Press Statement Inside

  Arunma Oteh and the Securities and Exchange Commission (SEC) have released a press statement...

  • Posted March 20, 2012
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