LAGOS – Eight leading banks in the country over the weekend signed a Memorandum of Understanding (MoU) with Total E&P Nigeria Limited and Total Upstream Nigeria...
WASHINGTON DC — The shutdown of the United States government has created economic and financial uncertainties for developing and emerging countries including Nigeria, Finance Minister Ngozi...
WASHINGTON – U.S. regulators on Wednesday urged banks to go easy on borrowers who are having trouble making payments on mortgages, student loans and other debt...
LAGOS – The President of Dangote Group, Alhaji Aliko Dangote, has said that the Group is poised to make an additional investment totaling $34.7 billion in...
ABUJA – Quick-service and casual dining restaurant franchisor Famous Brands (FBR) has acquired a 49% stake in leading Nigerian brand Mr Bigg’s. The company said on...
ABUJA – International money transfer company, MoneyGram, has finalised agreements with electronic transaction and payment platform, eTranzact’s PocketMoni, that will allow accessibility to Nigerian mobile users...
LAGOS – Conoil Plc has said it recorded 255 per cent increase in profit after tax from N450.9 million in 2012 to N1.6 billion at as...
ABUJA – Dangote Cement Plc says its 2013 first half pretax profit surged by 52 percent to N107.7 billion ($670 million) from last year’s N70.8 billion...
LAGOS – Nigerian based mobile infrastructure company, IHS Tower, has secured N82.5billion (US$522 million) of debt and equity, led by new and existing lenders and shareholders...
ABUJA – The federal government will today commence the process of disbursing the N300 million capacity building fund for the Nigerian film industry. The Fund is...