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Currency restrictions stalks Nigeria’s gloomy growth outlook

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The International Monetary Fund (IMF) on Tuesday in Washington DC delivered another downbeat view of the Nigerian economy borne out of both data and...

Subsidy scam: Witness says Zenon Oil got $233m

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Emenalo Boniface, prosecuting witness 1, in the ongoing trial against Farouk Lawan, former chairman, House Committee on Subsidy Claims, has recounted before a FCT...

Lagos – Calabar rail project included in amended budget – Udo...

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The Ministry of Budget and National Planning has weighed in on the controversies over the 2016 budget on Tuesday, affirming that the controversial Lagos-Calabar...

Nigeria set to receive Ibori, others from UK

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The Federal Government has said that it is ready to receive Nigerians serving various jail terms in different prisons across the world. This was contained...

N137.40 trn 2015 turnover puts FMDQ in bullish mood

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FMDQ OTC Securities Exchange came off a difficult 2014 to grow market turnover from N103.60 trillion to N137.40 trillion in 2015, a growth rate...

Witness says Zenon Oil got $233m during the fuel scam

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Emenalo Boniface, prosecuting witness 1, in the ongoing trial against Farouk Lawan, former chairman, House Committee on Subsidy Claims, has recounted before a FCT...

Dangote signs $2bn Chinese bank loan for two cement plants

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Dangote Group, the company owned by Africa’s richest man Aliko Dangote, signed a deal on Tuesday for a $2 billion loan from the Industrial...

NICON weary watchers are not ready to applaud $10m restructuring plan...

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NICON Insurance Limited’s quest to remodel itself along the lines of it’s peers and racy new entrants into Nigeria’s insurance sector is taking shape...

Diabetes Association President wants activities of traditional medicine sellers checked

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National President of Diabetes Association of Nigeria (DAN), Dr Mohammed Alkali, has urged government at all levels to check the activities of traditional medicine...

President Zuma celebrates 74th birthday amid growing opposition

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South African President, Jacob Zuma, celebrated his 74th birthday on Tuesday, amid growing calls for his resignation, mostly from the opposition. "My birthday wish is...