LAGOS-The European Central Bank’s landmark review of euro-zone banks will have to ask lenders to raise an additional €51bn to be credible with markets, a Goldman...
LAGOS-A total of 21 automobile dealerships in Nigeria have made commitments with some foreign technical partners to set up assembly operations in the country since the...
LAGOS-The U.S. imported 878,000 barrels of Saudi crude a day in the first four weeks of August, the least since 2009 with the Middle Eastern oil...
LAGOS-Bob Diamond’s African banking venture is pumping a whooping three hundred million dollars into Nigeria’s Union Bank as it raises its stake in a bank that...
LAGOS-Nigerian stocks ended in the black on Friday led by banking shares after news that two foreign investors had bought significant stakes in Ecobank and Union...
LAGOS-Nigeria’s interbank lending rates eased to 10.5 percent on Friday, down 25 basis points from a week earlier, after the central bank paid off matured treasury...
LAGOS-Eland said production at the Opuama field, covered by the OML 40 license, has recommenced with production stabilising at an average rate of over 3,500 barrels...
…as 22 port facilities becomes ISPS Code compliant LAGOS-The Nigerian Maritime Administration and Safety Agency, NIMASA has reiterated that the country’s moribund National Carrier line will...
LAGOS-The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Ziakede Patrick Akpobolokemi has stated that NIMASA would continue to deliver on its...
…As N25b gas debt remains unpaid The current improvement in electricity generation, transmission and distribution in the country has been attributed to increased gas supply to various...
