Business

The Senate Joint Committee on Customs, Excise and Tariff and Marine Transport, handling the investigation had invited 63 firms accused of complicity in the scam but only 33 honoured the invitation. The order to arrest the companies’…
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The BBB+ rating indicates that the bank has a fair financial strength, operating performance and business profile when compared to the established standards. It further indicates that the bank has the ability to meet its on-going…
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Sani, in his report noted that the committee resolved to consider the railway project due to its importance and urgency to fast track the development of critical infrastructures in the country.
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Bleaker days may be ahead for the survival of Nigeria’s oil-dependent economy, as the ban on petrol and diesel cars by European countries is gaining traction. The trend suggests US shale producers are perhaps less a threat to oil than the…
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Africa Prudential had previously won several awards, including International Quality Crown Award, London 2013; Top 25 CEOs Award, BusinessDay 2014; Best Profit Margin Ratio and Best Corporate Governance Awards, Pearl Awards 2015
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In carrying out the government’s decision, Shittu said that the National Economic Council had approved a policy to harmonise Right of Ways charges payable by telecommunications companies on local, state and federal highways
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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday retained the Monetary Policy Rate, which is the benchmark lending rate, at the current 14 per cent. The decision to leave the rate unchanged was contrary to…
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The country’s debt profile has risen to N16.29tn, the Debt Management Office has said. Statistics obtained from the DMO on Tuesday showed that the country’s total debt liability had risen to N16.29tn as of June 30, 2016. As of June 2015,…
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For denying him visa and banning him from entering the United States (U.S.), the owner of Eko Hotels, Lagos, Gilbert Chagoury, has sued the U.S. government. Chagoury, a big donor to the Clinton Foundation, has a home in Beverly Hills,…
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The National Bureau of Statistics on Friday said that the Consumer Price Index which measures inflation increased year-on-year from 17.1 per cent in July to 17.6 per cent in the month of August. The bureau in the CPI report for the month…
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