Monday, March 18, 2019
Business

Business

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The Independent Petroleum Marketers Association of Nigeria (IPMAN) has directed its members nationwide to reduce petroleum pump price from N145 per litre to N140.Chinedu Okworonkwo, national president of the association, made this known in a statement released...
Nigeria’s inflation dropped by 0.07 percent in January 2019, the National Bureau of Statistics reports. According to the NBS, the consumer price index, (CPI) which measured inflation increased by 11.37 percent (year-on-year) in January 2019.
A Federal High Court sitting in Lagos, Southwest Nigeria has adjourned for further hearing of the N6,441,369,617.73 suit instituted against Zenith Bank Plc, by a Lagos businessman, Olusola Adejugbe and his company Tonique Oil Services limited over...
First Bank of Nigeria has said it will continue to assist oil and gas firms with the right financial support needed to efficiently grow the oil sector Speaking at the Energy Finance Forum at...
President Muhammadu Buhari Tuesday vowed to track and recover all funds allegedly misappropriated by previous governments in the power sector without commensurate results. The president insisted that his administration would go after the culprits,...
The Naira on Monday maintained stability against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The Pound Sterling and the Euro traded at N473 and N410, respectively.
The Economic and Financial Crimes Commission (EFCC) has traced a deposit of $30,000 by Joe Agi, a senior advocate, into the bank account of Walter Onnoghen, the embattled chief justice of Nigeria (CJN), TheCable understands.
A judge has adjourned a Lagos court case between South African telecoms firm MTN Group and Nigeria’s attorney general over a $2 billion tax demand until Mar. 26, the court said on Thursday. MTN...
The Securities and Exchange Commission (SEC) has sealed off the premises of Dantata Success and Profitable Company, Kano for engaging in illegal capital market activities, According to a statement from the Commission, the company...
Justice Mojisola Olatoregun of a Federal High Court, Lagos on Monday convicted a Managing Director of the defunct Integrated Microfinance Bank Ltd., Simon Akinteye, for fraud totalling 166.9 million U.S. dollars. Olatoregun found Akinteye...
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