Africapitalism is the solution to Africa’s development – Elumelu
Charity and aid have failed Africa and its leading entrepreneurs are now…
UBA Ghana Introduces Africard
United Bank of Africa (UBA) Ghana has introduced yet another innovative product,…
Skye Bank gets Shareholder Approval to raise 50 bln naira
Skye Bank has won shareholders' approval to raise 50 billion naira ($316…
Nigeria to build world’s largest fertilizer plant
Nigeria is set to make history as plans have been concluded for…
95% of Africa’s investments end up in Nigeria, South Africa
The African Development Bank (AfDB) has said that out of the $20.15…
FG Commences N163B Zungeru 700MW Hydroelectric Power Plant
President Goodluck Jonathan will kick off the construction of the 700-megawatt (MW)…
MTN Refuses NCC Directives To Dwindle Market Dominance
The Nigerian Communications Commission (NCC), in its recent industry review, noted that…
Farmers’ Loan Proposals Rejected By Banks
It has been revealed that Micro-finance banks (MFBs) operating in the country…
6 States That Control Major Cash Transactions To Begin Cash-less Policy-CBN
The Central Bank of Nigeria (CBN) Deputy Governor (Operations), Mr. Tunde Lemo,…
How Customs Intercepted 56,750 Rounds of Ammunition, Others
Nigeria Customs Service (NCS) Command has seizes 56,750 rounds of ammunition in…
Enterprise Bank Set For Sale, Keystone, Mainstreet Banks To Follow
Enterprise Bank was created from the defunct Spring Bank, while Keystone Bank…
CBN Sells N277.9B Worth Of Treasury Bills
The Financial Market Dealers Association (FMDA) has disclosed on its website that…
Globacom Mobile Users Get Free Facebook Access
The telecoms gaint, Globacom, has launched the Glo Zero Facebook, which gives millions…
Why GTBank, Zenith Outperformed First Bank, UBA
The holding company (HoldCo) structure adopted by First Bank of Nigeria Limited…
Abuja Launches N316B Investment Of Industrial Park
Vice President Namadi Sambo who spoke yesterday during the ground breaking of…
Capitalist Regime: Investors To Take Over PHCN in July
Minister of State for Power, Hajiya Zainab Kuchi, told reporters in Abuja…
Tenants Hustle: Lagos Announces N6.28B From Land Use Charges
The Commissioner for Finance, Tokunbo Abiru, disclosed that Lagos State Government has…
Dangote Targets $600M Sugar Production Line
Alhaji Muhammad Aliko Dangote, the President of Dangote Group of Companies, disclosed…
First Bank Upgrades IT To Enhance Service Delivery to 7 million Customers
First Bank of Nigeria Limited (FirstBank) is currently upgrading its IT infrastructure…
GTBank, Zenith Bank, UBA, 10 Others Raise $1.2bN for Etisalat
It has been revealed that Guaranty Trust Bank Plc (GTB), Zenith Bank…
Sanusi Links Military Actions To Inflation, Confirms New Interest Rate
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido…
Nigeria’s Sovereign Wealth Fund begins investment in June with $200m
The newly-constituted $1bn Sovereign Wealth Fund will begin investment in June with…
Aviation Unions Strike Impairs Airport Services
The strike action embarked on by the unions at the Nigeria Airspace…
Report: Nigeria Ranks 40th in Quality Of Governance in Oil And Gas
The Resource Governance Index (RGI), the Revenue Watch Institute (RWI), which measures…
Enterprise Bank To Be Sold In The Next 30 Days-AMCON
The Asset Management Corporation of Nigeria (AMCON) at the weekend disclosed plans…
Aviation Union Declares Strike
NAMA workers have declared that the Nigerian airspace will not open to…
MasterCard To Form New Nigerian Identity Card With Electronic Payment Capacity
The National Identity Management Commission (NIMC) and MasterCard have announced the launch…
Jonathan Approves N10B For GGW Programme, $400M NEWMAP
The Minister of Environment, Mrs. Hadiza Mailafia, during the Ninth National Council…
IMF Advises Jonathan To Remove Fuel Subsidy
The International Monetary Fund (IMF) has urged the President Goodluck Jonathan-led administration…
Lagos Light Rail Project Delayed So That Nigerians Can Participate-Commissioner
Lagos State Commissioner for Works and Infrastructure, Obafemi Hamzat, yesterday disclosed the…