700 FCMB workers Sacked
The economic crisis in the country is now taking a toll on the banking sector,…
All Posts in "Business News"
$2.1bn arms fund: CDD raises alarm over planned arrest of Jonathan
The Committee for the Defence of Democracy (CDD) has raised alarm over an alleged plan…
Jimoh Ibrahim fires Newswatch MD over unpaid journalists
Billionaire Jimoh Ibrahim has fired the managing directors of Newswatch magazine and National Mirror newspaper…
“Nigerians Purchased Fuel at N119 Per Litre in December” – NBS
The National Bureau of Statistics, NBS, has reported that Nigerians bought petrol at an average of…
Oil Prices Poised for Further Plunge From $29 Per Barrel As Iran Begins Production
Global oil prices are set for a continued free fall this week after Iran said…
Equities Shed N1.2trillion in a Week As Sell Pressure Intensifies
Massive sell pressure rocked the equities listed on the Nigerian Stock Exchange, NSE, as the…
NSE Index Sheds 2.99% on Lingering Bear Hold
The equity segment of the Nigerian Stock Exchange, NSE, retained a downward trajectory on Friday, January…
Fidelity Bank’s SME Deposit Liability Surges to N120billion
One of Nigeria’s most capitalized financial institutions,Fidelity Bank Plc, has said it intends to intensify support for…
“BDCs To Source Forex From Oil Companies, Exporters, Others” – CBN
The Central Bank of Nigeria, CBN, has said Bureau de Change operators can source foreign exchange from oil…
Nigeria’s oil industry change, a whimsical flight of fancy
…Confusion reigns over govt’s direction Chuks Isiwu & Oscarline Onwuemenyi 18 January 2015, Sweetcrude, Lagos…