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Latest Business News

Anti-Money Laundering: CBN To Launch Cashless Policy In Abuja, Abia, Ogun, Kano, Rivers July 1

The Central Bank of Nigeria is set to extend its cashless policy

Stanbic IBTC Bank Begins Saturday Banking In Some Branches

Stanbic IBTC Bank is now going to open up the doors of

Deal Monitor: Actis To Pump $1.5 billion Into Malls In Nigeria, Ghana, Kenya – Bloomberg

Actis LLP, a private-equity company, will lead investment of as much as

Africa’s Largest Investor Seeking More Deals With Dangote Group, Funded With $7 billion

The Public Investment Corp., Africa’s largest asset manager, will consider investing in more

First Bank Announces Details Of IT Upgrade

First Bank of Nigeria Limited has announced that it had successfully concluded

UK Supreme Court Orders Nigerian Oil Tycoon To Pay Ex-Wife $30 Million

The UK Supreme Court has ruled in favour of the English estranged

Six States Comply With Pension Scheme

Lagos, Ogun, Delta, Kaduna, Niger and Jigawa- have fully complied with the

Chevron To Sell 40% Stake In Two Shallow Water Oil Blocks

Deji Haastrup, the spokeman of Chevron Nigeria Limited yesterday has said: “Chevron

GTBank Forecasts Profits, Earnings Drop In 2013

Guaranty Trust Bank said on Tuesday it expected its pretax profit for

“Mittal Must Go” – Delta Communities Threaten FG

HOST communities of the Delta Steel Company, Ovwian, Aladja, have threatened to

Federal Government Discovers 46,821 Ghost Workers

The Federal Government has announed the discovery of 46,821 ghost workers in 215 Ministries,

Confessions of a trust fund baby

ust before my 16th birthday, my mom wrote a check from my

Breaking News: Dangote Cement Sells 1.5% Stake To Foreign Investors For $289 Million – Bloomberg

Dangote Cement, the Nigerian industrial company owned by Africa’s richest man, sold

Pension Commission Begins Nationwide Verification And Enrolment Exercise

The National Pension Commission (PenCom) has started a nationwide verification and enrolment

NNPC, CBN Soon to Lose Self-Accounting Status

THE Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has asked the National

N3.7B Electricity Projects May Be Abandoned-MD KEDC

The Managing Director of the Kaduna Electricity Distribution Company (KEDC), Alhaji Idris

Land Rover Unveils World’s First SUV With Revolutionary Lightweight in Nigeria (Photos)

Jaguar Land Rover (JLR) has introduced the new L405 Range Rover into

Immigration Office May Close Because Of Petitions On Fraud, Corruption

The Nigerian Immigration Service (NIS) may close its Festac office in Lagos

Saka Made A Mistake Porting To MTN-CEO Etisalat

Managing Director and Chief Executive Officer, Etisalat Nigeria, Steven Evans, yesterday described

Telecoms Operators Reject NCC’S SIM Registration Deadline

The Association of Licensed Telecoms Operators of Nigeria (ALTON) have rejected the

Multichoice Launches Logo Design Competition, Winner Gets N1M

Multichoice Nigeria has announced a logo designing competition as part of a

200 Investors Express Interest In Buying 10 NIPP Power Plants

There is already a rush for the 10 National Independent Power Plants

IMF Reveals That Only 30% Of SEC Staff Perform Core Functions

The International Monetary Fund (IMF) made a shocking revelation that only 30

First Bank of Nigeria Shuts Down Operations Till Monday

In this jet age when transaction and business operates practically at the

US Company Cripples Nigeria’s Oil Exportation

United States Shale oil, Renaissance Capital, has disclosed that it could take

Oando Plc Provides $386 mln Loan To Energy Subsidiary At Single Digit Rate

OandoEnergyResources Inc. (“OER” or the “Company”) (TSX: OER), a company focused on oil

Etisalat Supports Young Entrepreneurs

The telecommunications firm, Etisalat has moved to support the Rise, Raise and

Bank ATMs Under Attack From Reps, CPC

The recent announcement by the CBN to implement cashless policy across the

Retail Spending Under Threat From Boko Haram – Nestle

Nestle said an Islamist insurgency in the north of Africa’s most populous nation

Akon, Mos Def, Youssou D’Dour Serenade Financial Elite As First Bank Wins Best Bank In Sub-region

The celebration of the continent's brightest financial minds and institutions at the