ABUJA-THE Federal Government of Nigeria has extended the execution of the capital components of the 2014 budget by three months from the initial end date of...
ABUJA-The Securities and Exchange Commission has extended the deadline for the re-capitalisation of capital market operators by nine months to September 30, 2015. The commission made...
LAGOS-Nigeria banks advanced over $2.5 billion, about N437.5 billion, to Indigenous companies for the acquisition of the divested assets of Shell Petroleum Development Company, SPDC, and...
ABUJA-The Management of the Nigerian National Petroleum Corporation (NNPC) has raised strong objection to the allegation of fraud against the Corporation by former Head of State...
ABUJA-The banking sector recorded 3,756 fraud cases involving the sum of N21.79bn in the 2013 financial period, the Nigeria Deposit Insurance Corporation has said. The corporation,...
ABUJA-Former Head of State General Yakubu Gowon has commended the Nigerian National Petroleum Corporation (NNPC) for living up to expectation. The elder statesman...
ABUJA-The Central Bank of Nigeria (CBN) in its resolve to sustain stakeholder confidence in the country’s currency has commenced the education of Nigerians on the incorporated...
BY KUNLE KALEJAYE ABUJA-As part of its current campaign to stabilise the naira, the Central Bank of Nigeria over the weekend said it would sanction any...
LAGOS-A Chinese firm, Xiamen XGMA International Trade Company Limited, has entered into partnership with a Nigerian firm, Richbon Group Nigeria Limited, to invest $40 million, about...
ABUJA-The Federal Government says it loses $10billion (N1.7trillion) annually to fraudulent practices in the award of contracts and project reviews. The Director-General Bureau of Public Procurement,...
