5 Customs DCGs Resign
Newly-appointed Comptroller General of the Nigeria Customs Service (NCS), Col. Hameed Ibrahim Ali (retd.), got the shock of his life when all the five Deputy Co
Naira Devaluation Will Harm The Economy – Osinbajo
Vice President, Yemi Osinbajo, has stated devaluation of the naira will harm the local economy and insisted it is not an option in the current economic realitie
Why Clark Is Angry With Jonathan – LP Scribe
Kayode Ajulo is the national secretary of the Labour Party (LP). A legal practitioner, he handles the legal brief of the former Information Commissioner and Ija
Why APC Leaders Shunned Fashola's Book Launch – Ajomale
In an interview with The SUN, Chairman, APC, Lagos State, Chief Henry Ajomale stated Lagosians will see the other side of Governor Akinwumi Ambode very soon. Fo
Repackaging: Union Bank Gets New Logo
Union Bank of Nigeria is repackaging and has gotten a new logo.
BVN: Again, Reps Summon Emefiele
As the October 31st deadline of the Bank Verification Number beckons, the House of Representatives yesterday summoned the Governor of the Central Bank of Nigeri
Ex-Borno Gov, Ali Modu-Sheriff Eyes Cement Production In Ebonyi State
Former governor of Borno State, Ali Modu-Sheriff, has renewed talks with the Ebonyi State Government for the establishment of a cement plant in Ebonyi State. M
No Plans To Sell Refineries, JV Assets – Osinbajo
Vice President Yemi Osinbajo has stated the Federal Government is not currently planning to sell the nation's four refineries or part of its stakes in joint ven
Dangote Refinery To Begin Operations In 2018
The Management of Dangote Petrochemicals and Fertiliser Plant on Thursday assured Nigerians that its 650,000 barrels Per Day (BPD) capacity petroleum refinery w
Dollar Scarcity: Nigerian Banks Owe Foreign Lenders $4bn
The ban imposed by th Central Bank of Nigeria (CBN) on importers of some items from accessing foreign exchange from the official forex market, has made it diffi
AIB Begins Probe Of Wing-tip Brush By Arik Aircraft
The Accident Investigation Bureau (AIB) stated it had begun investigation into yesterday's wing-tip brush by two Boeing 737-800NG belonging to Arik Air at the M
Rice Importers Owe Nigeria N44bn – Senate
The Senate ad-hoc Committee on Import Duty Waivers has stated two foreign companies, Messrs Stallion Group and Olam International, which are involved in rice im
UBA Records 44% Growth In Profit, As Gross Earnings Rise To N247.2 Billion
Pan-African financial services group, United Bank for Africa (UBA) Plc, today, released its 9 months unaudited financial results for 2015 showing a strong 44% r
Nigeria's N-Gas Threatens To Cut Gas Supply To Ghana Over $82m Debt
Nigeria's N-Gas today threatened to reduce by 70 percent its gas supplies to Ghana's main power generation company, Volta River Authority (VRA), if it fails to
Odu'a Declares N150m Dividend Payment To Shareholders
Odu'a Investment Company Limited today declared N150 million dividend payment, representing 26.1kuobo per share for each shareholder after such non-declaration
Corruption Forced Econet Wireless Out Of Nigeria — Founder
Founder and Executive Chairman of Econet Wireless, the first GSM operator in Nigeria, Strive Masiyiwa, has stated that the company was voted out by Nigerian sha
Barclays May Expel Nigeria From Global Bond Index
UK-based bank, Barclays, will consult with its index users on whether Nigeria's sovereign debt should remain in its emerging market local currency government bo
Bird Flu: Nigeria Loses N10bn In Nine Months
Nigeria has lost over N10bn as a result of the outbreak of avian influenza in poultry farms located in 21 states across the country. The Poultry Association of
Banks Charge Customers For Domiciliary Account Withdrawals
As stated by reports, several bank customers are now incurring charges for withdrawing cash from their domiciliary accounts. This followed the Deposit Money Ban
Capital Market Investors Lose N1.3tn Under Buhari
Between May 29, when the President Muhammadu Buhari administration was inaugurated, and Thursday (08/10/15), investors in the equities segment of the Nigerian S