In November 2018, Schlumberger pulled out of the Madu /Anyala field development project offshore Nigeria. It was 17 months after the oil service giant had inked...
By Dipo Olowookere Stop rates of treasury bills were increased by the Central Bank of Nigeria (CBN) at the primary market auction (PMA) held on Wednesday,...
Nigeria’s largest credit bureau, CreditRegistry, is offering lenders free usage of its premium credit reporting service to cushion the effects of the COVID-19 pandemic on businesses....
By Adedapo Adesanya Nigeria’s banking sector regulatory agency, the Central Bank of Nigeria (CBN), and deposit money banks in the country, have agreed to stop a...
By Adedapo Adesanya As the gradual reopening of Nigeria’s economic activities draws nearer, the Naira appreciated at the parallel or black market of the foreign exchange...
By Dipo Olowookere The Central Bank of Nigeria (CBN) sold the treasury bills to investors for as low as 1.85 percent at the primary market on...
By Adedapo Adesanya In order to expand testing and combat the spread of the coronavirus outbreak across communities, Lagos State has established testing centres across its...
By Dipo Olowookere In order to strengthen its balance sheet, Flour Mills of Nigeria Plc has announcing fresh capital of up to N30 billion. The funds...
By Dipo Olowookere In line with expectations, the Central Bank of Nigeria (CBN) on Wednesday, April 15, 2020, lowered the stop rates of treasury bills. The...
By Modupe Gbadeyanka The Kwara State government said it used some of the funds earlier looted by government officials, but later recovered were used to establish...
