Barclays Bank to scale down Africa operations
BARCLAYS is considering breaking with almost 100 years of history by selling some or all of its banking operations in…
NSE to start direct cash settlement from January 2016
The Nigerian Stock Exchange (NSE), will from January 4, 2016, commence the Direct Cash Settlement initiative, which is the direct…
EFCC arraigns Tompolo, Ex-NIMASA Boss for oil theft and other offences
The Economic and Financial Crimes Commission (EFCC) has levied a 40 count charge against former leader of the movement for the…
2016 Budget: Buhari to spend N2.3 Billion on former Heads of State, and their vice presidents
The sum of N2.3 billion will go to former Presidents, Heads of State and former Vice Presidents/Chiefs of General Staff as…
DPR begins 24-hour surveillance of fuel stations
As part of efforts aimed at ensuring fuel supply across the country, the Department of Petroleum Resources (DPR) says it…
President Muhammadu Buhari’s Christmas Day Message to Nigerians
I felicitate with all Nigerians, especially our Christian brothers and sisters, on the joyous occasion of this year’s Christmas. On…
Ibim Semenitari vows to transform NDDC
The new Acting Managing Director of the Niger Delta Development Commission, NDDC has charged contractors working on projects funded by…
Nigeria expects 2016 deficit to double as Buhari unveils record budget
The federal government is expecting its deficit to double to 2.2-trillion naira ($11bn) in 2016, President Muhammadu Buhari said during…
NCC will wait for outcome of MTN’s court case before enforcing fine
Nigerian authorities will wait for the outcome of a court challenge filed by South African telecoms firm MTN before deciding…
Japanese Prime Minister approves largest defence budget
Prime Minister Shinzo Abe’s cabinet on Thursday approved Japan’s biggest ever annual defence budget, as the country bolsters its military…