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Latest Business News

FAAC: Revenue declines by N33.1bn in November

The revenue available for sharing by the Federal, States and Local Governments

MMM migrates to Kenya after freezing accounts in Nigeria

The money lending Ponzi scheme called Mavrodi Mondial Movement (MMM) which froze

NSE indices record a growth of 0.57%

The Nigerian equity market on Thursday consolidated on its upward rally for

Rupert Murdoch’s Fox buys Sky TV for $14.6 Billion

Australian billionaire businessman and media mogul, Rupert Murdoch has further consolidated his

Recession: Upward Trend of Inflation Continues for 13th Straight Month

Nigeria’s inflation rose again in the month of November, making it 13th

Stanbic IBTC unveils first 24-hour digital branch

Stanbic IBTC Bank says it has inaugurated its first self-service digital branch

NSE index adds 1.29% as Forte Oil, Vitafom, GSK lead gainers chart

The equities market closed Wednesday on a positive note, for the fourth

FG Recovers N793m From 3 agencies

As the Federal Government intensifies efforts to recover unremitted operating surpluses by

MMM Makes New Official Announcement

An emergency meeting was held yesterday 14th of December, 2016 at 9:30am

Reps Approve N126.4bn 2016 Budget For FIRS

The House of Representatives yesterday approved N126.414 billion as the 2016 budget

UBA Dominates At Global Banking Awards In London, Wins In 5 Categories

Pan African banking and financial services group, United Bank for Africa (UBA)

Forex: Ban on vehicle importation will reduce pressure at parallel market – Gwadabe

The Association of Bureau De Change Operators of Nigeria (ABCON) has said

NSE transactions upbeat, up by 0.98%

The Nigerian equity market on Tuesday re-opened transactions after the public holiday

3 million Nigerians in panic over likely collapse of MMM scheme

About 3 million Nigerians who are participants of the MMM Ponzi scheme

MMM places 1 month ban on withdrawals

Popular money-doubling scheme, Mavrodi Mundial Moneybox (MMM), has placed one month ban

Nigerians In Panic As MMM Freezes All Accounts

Panic has spread among Nigerians participating in the online money lending scheme,

17 states to benefit from FG’s $29.9b loan

The 2016/2018 Medium Term Development Plan of the Federal Government which is

First bank moves to grow non-oil sector through partnership in food fair

First Bank of Nigeria (FBN) Plc on Monday expressed readiness to support

Financial expert expresses optimism on capital market rebound in 2017

A financial expert on Monday, expressed optimism that the Nigerian capital market

Cabin crew members suspended by NCAA for drug offences

The Nigerian Civil Aviation Authority has suspended the licences of five cabin

Sergey Mavrodi, MMM Founder Speaks out At Last, Hits back at FG

Mavrodi Mondial Moneybox, otherwise known as MMM has been sweeping the nation

CBN, banks to establish Agric/SME fund

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has

Petroleum products will soon be transported by rail – GM, PEF

Plans are underway to transport petroleum products by rail to some parts

Recession: FG Unveils 10-Point Agenda To Stimulate Economy

As the nation faces recession, the federal government has indicated its desire

Egypt receives FDI of $1bn since currency float – Cen.bank

Egypt’s central bank governor, Tarek Amer said on Saturday the country had

Buharinomics: RwandAir Addresses Speculation Surrounding Its Exit From Nigerian Market

RwandAir on Saturday said it had no plans to exit the Nigerian

FG Unveils N13bn Housing Scheme For 5,635 Civil Servants

The Federal Government on Friday inaugurated a N13bn mortgage refinancing scheme for

Nasarawa Polytechnic to train students on rail transport technology

Federal Polytechnic, Nasarawa, Nasarawa State, says it plans to introduce courses on

Naira stabilises at N485 per dollar at parallel market

The Naira on Friday remained stable at the parallel market, exchanging at

2 Nigerians, 9 others win 2016 African Entrepreneurship Award

Two Nigerians, Abideen Adelu and Murtala Sanni, were among 11 winners of