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,...
By Kunle Kalejaye Nigerian Maritime Administration and Safety Agency Agency, NIMASA said it has remitted over N9.7 billion being operating surplus in 2014 alone to the...
By Stephen OROSANYE ABUJA-My attention has been drawn to yet another attempt at character assassination against my person by means of false allegations in a report...
LAGOS-Forty four companies, including Continental Re-insurance Plc have sued the Federal Inland Revenue Service (FIRS), demandi ng the refund of over N1.15 billion excess stamp duties...
The Africa Finance Corporation, AFC, has secured a $100 million, about N16 billion, long term loan facility from the United States of America’s (USA) development finance...
LAGOS-Oando Plc has declared a dividend of N2.4 billion for its shareholders for the financial year ended December 31, 2014. Announcing this to the shareholders at...
ABUJA– The Chinese Ambassador to Nigeria, Mr Gu Xiaojie, has expressed support for the plan by the Central Bank of Nigeria (CBN) to convert more of...