Ecobank Chairman and Amcon Negotiate Deal
AMCON has reached an agreement with Ecobank’s Chairman Kolapo Lawson over outstanding debts. Bloomberg…
Goldman Sachs Director Found Liable For $1 billion Mortgage Fraud
A New York jury has found former Goldman Sachs trader Fabrice Tourre…
Analysts Place Sell Rating On Stanbic Bank Shares As Bank Declares N9.3 bln
Renaissance Capital, a multi-national investment firm with offices in Lagos, has placed…
OPINION: How Sanusi’s New Policy Is Protecting The Economy And Forcing Banks To Think Outside The Box
"First of all, you have got liquidity surplus in the banking industry;…
E-Commerce King: Amazon Makes More Than $117000 Per Minute [Video]
Where Amazon stands, local brands like Konga and Jumia are still learning.…
Nigerian Stock Exchange To Integrate Online Trading Platform In Q3 – Bloomberg
The Nigerian Stock Exchange will deploy a new trading platform that will…
Social Banking 2.0: How GTBank Is Leading The Banking Sector In A Run For Your Money
According to data from the Central Bank of Nigeria, 46.3% of the…
Oando Awards Supply Contract For 400 Oil Tanker Tracking and Monitoring Devices To Halogen Security
East Coast Diversified Corporation (otcqb:ECDC), through its subsidiary EarthSearch Communications, Inc., announces…
“I’m very interested in that missing $5 billion” – Okonjo-Iweala asks NNPC
The Nigerian National Petroleum Corporation (NNPC) has been put under the spotlight…
Wilful Resignation: Lagos Commissioner Leaves For First Bank Position
Lagos State Commissioner for Finance, Mr Tokunboh Abiru on Monday tendered his…
Rant of the Week: Arik Air Passengers Riot After Plane Refuses To Fly
Arik Air New York bound passengers enraged after the airline failed to…
H1 Earnings: Ecobank Doubles Net Income To $169 million
Ecobank says profit after tax rose to $169.2 million from $86.9 million…
Nigerian judge sacked in Gambia for requesting bribes
A Nigerian judge, Joseph Wowo, has been sacked from the Gambian judiciary…
Earnings Watch: Dangote Cement’s H1 Turnover Hits N198 billion, Profit tops N107 billion
Dangote Cement, Africa's biggest producer of the building material, said first-half profit…
Nigeria’s total debt to China now N0.5trillion
The recent $3bn loan granted to Nigeria’s Federal Government by China during…
Arsenal FC Signs 3 Year Endorsement Deal With Sterling Bank
Arsenal has increased its portfolio of Africa-focused commercial partners after agreeing a…
Banks Drop as Sanusi Tightens Policy – Bloomberg
Nigeria's banking index fell the most in a month after the central…
‘Companies Indicted in Subsidy FRAUD Received Lionshare of NNPC Q3 Import Quota’ – Swiss NGO
There is a disconcert among international oil trading companies concerning the way…
Central Bank Keeps Principal Rate At 12% For 11th Consecutive Meeting
The Monetary Policy Committee retained the policy rate at 12 percent, for the 11th…
Royal Baby provides a $375M Boom for England’s Economy
As England's loyal subjects await the birth of the latest heir to…
FCMB sued to court by Fidelity Finance over N1bn margin loan
First City Monument Bank (FCMB) has found itself dragged into court by…
Lufthansa aircraft forced to land in Lagos
Mr Jimoh Hakeem, the Media Consultant to Lufthansa Airline, on Monday attributed…
Nigeria indebted to the tune of N7.93trillion
Nigeria’s debt levels has risen to $50.91bn (about N7.93trillion), with $13.91bn of…
The Unending Crisis Between FAAN and Bi Courtney Takes a Turn For The Worse
Yet again crisis between Bi Courtney Aviation Services Limited (BASL) and the…
REVEALED: Federal Government is broke
Government officials are almost entering a panic as they are realizing that…
110 investors rush to buy 10 power plants
Nothing less than 110 Expressions of Interest (EOIs) have been received from…
Amcon Says No Agreement Made With Ecobank Chairman
The Asset Management Corp. of Nigeria, created to buy lenders’s bad debts, said…
Dangote Disburses N10 Billion For Poverty Eradication
Very few business entities in Nigerian can boast of making enough to…
Nigeria ranked as world’s most stressed out country [See chart]
While anti-depressant use is surging in Sweden (up 1000% since 1980),…
Scandal: Sanusi told me he would take over Bank PHB if Atuche did not resign – Pat Utomi
Following his application and that of his wife, Mrs. Elizabeth Atuche to…