Business

Wall Street shares nosedived on Monday, with the Dow falling to its lowest level of the year and the S&P 500 and Nasdaq each poised for the biggest daily percentage …

Volkswagen will buy back new diesel cars if German cities ban them, it said on Thursday, seeking to reassure potential buyers and stem a plunge in sales of diesel vehicles. …

Total loans secured by commercial banks from the Central Bank of Nigeria CBN, stood at N27.46 trillion in six months, the CBN’s half year report on financial sector performances released …

Banks  have not adopted a uniform exchange rate in reporting foreign currency assets in their financial statements, a Fitch Ratings report has said. The banks’ action falls below the International …

US President Donald Trump holds a signed memorandum on intellectual property tariffs on high-tech goods from China, at the White House in Washington China urged the United States on Friday …

There was steep decline in oil revenue between 2011 and 2015, Nigerian Extractive Transparency Initiative (NEITI) Executive Secretary Waziri Adio said yesterday. Nigeria, he said, earned about $68.4billion from oil …

The fourth edition of Ogun State Investors’ Forum began in Abeokuta, the state capital, yesterday with Governor Ibikunle Amosun saying its outcome will help his administration to consolidate the gains …

Sadr, the Iranian chairman of Maltese-registered Pilatus Bank An Iranian who chairs a Maltese bank has been arrested on U.S. charges that he participated in a scheme to evade U.S. …

Nigeria is spending about $15billion yearly on fuel importation, the  Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr Maikanti Baru, has said. A statement titled: Green Field Refinery Initiative …

The Central Bank of Nigeria (CBN), on Monday injected 210 million dollars into the inter-bank Foreign Exchange Market, in its bid to sustain liquidity in the foreign exchange market. The …