As part of a general divestment plan, Shell Petroleum Development Company of Nigeria (SPDC) has sold the multibillion naira Warri airport to an indigenous energy firm,...
If you are among those contributing to nation’s banks’ loan profile which the Central Bank of Nigeria (CBN) puts at about N4bn, then your name may...
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate jumped to 7.5 per cent in the first quarter of the year (Q1 2015) compared to...
The National Bureau of Statistics (NBS) yesterday puts the final expenditure on Gross Domestic Product (GDP) of the three tiers of government at 42.81 per cent...
For their involvement in a currency scam in which defaced and mutilated notes amounting to about N8 billion were recycled into the country’s financial system, about...
The audited financial statements of the Central Bank of Nigeria (CBN) for 2013 and 2014 financial periods, showed that the net income of the Bank for...
Nigerians may soon heave a sigh of relief over the present fuel scarcity that has caused so much hardship, as members of the Major Oil Marketers...
Some staff members of the Code of Conduct Bureau (CCB) are up in arms with Mr. Sam Saba, chairman of the body that is supposed to...
The federal government through the National Council on Privatisation (NCP) has directed the Bureau of Public Enterprises (BPE) and the Nigeria Infrastructure Advisory Facility (NIAF) to...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reviewed the Cash Reserve Ration (CRR) deposits in the country to 31 per...
The Nigeria Social Insurance Trust Fund (NSITF) is in the eye of the storm. The reason for this is not far-fetched: the workers’ union is at...
Banks in Nigeria are likely to have issues in the first half of 2015 with Non Performing Loans (NPLs) as a result of declining crude oil...
The United Kingdom Charity Commission says it is carrying out a broad investigation into several allegations of financial misconduct and conflicts of interest against the Olusegun...
Contrary to what the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, told Nigerians that the NNPC had begun refunding $1.48bn into the federation account as directed...
Nigeria is set to have a new policy regime on taxes across the country. Ripples can authoritatively report that the federal government has approved the harmonisation...
Former governor of the Central Bank of Nigeria (CBN) and now Emir of Kano, Muhammad Sanusi II says contrary to the claim by the Petroleum Minister...
The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index for the month of April, with the country’s inflation rate rising to a...
Hell was literally let loose on Monday as members of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) threatened to go to war with...
As at the end of 2014, the aviation sector in Nigeria had lost about $7bn to capital flight, this according to experts in the sector. The...
All is not well with the Securities and Exchange Commission (SEC). Ripples can authoritatively report that SEC workers may be poised for a major showdown with...
Nigerian telecoms operator, Globacom is making plans to buy over Ivorian mobile telecoms operator Comium Cote d’Ivoire, by making an offer of $600 million for the...
Nigerians may still have to brace up for, and find ways of coping with the recent fuel scarcity that is only just slowly easing, as Minister...
When it comes to economic clout on the African continent, the United States has projected that Nigeria is likely to be the first country with an...
In efforts to ease the fuel scarcity being experienced in some parts of the country, the Federal Government said that oil marketers would on Thursday receive...
It is not news that disagreements over finances is one of the main reasons couples end up in divorce court. Financial advice is readily available, but...
When President Goodluck Jonathan ordered the immediate release of the Forensic Investigative Audit conducted by PriceWaterCoopers into allegations of unremitted funds into the Federation Accounts by...
Manufacturers in the country lost out completely in the African Growth Opportunity Act of the Barack Obama administration, because they failed to be competitive. AGOA, initiated...
Outstanding lease volume in the country went up by 11.3 per cent from N780 billion in 2013 to N869 billion in 2014. Analysis of the various...
In order to resolve the persistent local shortages of fuel experienced for the country’s thermal power stations, Nigeria needs to raise gas prices to bridge about...
Nigeria’s beleaguered national oil company, NNPC will be made to refund more than the $1.5 billion stated in the highlights of a PricewaterhouseCoopers (PwC) LLP report...
The domestic flight operations of Arik Air were on Thursday paralysed by the Federal Airport Authority of Nigeria (FAAN) over what the orgainsation described as high...
In January 2013, when the federal government removed the subsidy on petrol, the opposition APC led Nigerians to condemn and protest the move, forcing the Jonathan...
Owing to threats by some Nigerians that they would attack South African interests in the country due to the xenophobic attacks in that country, telecommunications marketers,...
The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company...
Minister of Petroleum Resources, Diezani Alison-Madueke, has cried out that she is being harassed and demonised, by a cabal in the oil industry because the reforms...
Contrary to the expectations that the Organisation of Petroleum Exporting Countries (OPEC) will reduce the flow of crude oil to the global market to reduce the...
PZ Cussons has acquired Australian food brand Five:AM, a statement said on Friday. The entire issued share capital of Five AM Life Pty Ltd is being...
A Magistrate Court in Badagry has sentenced Suleiman Amusa and his son, Owolabi Amusa, to six month imprisonment for attacking an official of the Ikeja Electricity...
BENTONVILLE, Ark.–(BUSINESS WIRE)– Today, Walmart (WMT) announced that Greg Foran, 53, has been promoted to President and CEO of Walmart U.S. Foran succeeds Bill Simon who...