Business

About $14 billion is needed to carry out an inter basin transfer of water to save the receding Lake Chad basin, Minister of Water Resources, Suleiman Adamu, has said. He …

Employees work along a Geely Automobile Corporation assembly line in Cixi, Zhejiang province The chairman of Chinese carmaker Geely has built up an almost 10 percent stake in Mercedes-Benz owner …

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to settle customers’ complaints on issues of overcharge, unauthorised deductions and other matters within two weeks. Mr …

The Federal Government says it will  support investment  in the construction of modular refineries  to ensure the success of the initiative. The Senior Technical Adviser to the Minister of State …

The Central Bank of Nigeria (CBN) circular on dividend payout by commercial banks and discount houses has been analysed based on the performances and balance sheet positions of all lenders. …

Leviathan, located about 80 miles (130 km) west of Haifa, was discovered in December 2010 and is scheduled to start producing by the end of 2019. An Egyptian company will …

Nigeria’s 42.8 billion external reserves will go up, with the successful issuance of the $2.5 billion Eurobond offer, a report said at the weekend. Besides,  cumulative transactions in the Investors’ …

First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a Unstructured Supplementary Service Data (USSD) based channel. The banking …

Some blue chips maintained upward movement on the Nigerian Stock Exchange ( NSE ) on Thursday with Nigerian Breweries leading the gainers’ chart. Nigerian Breweries led gainers’ table with a …

South African stocks index rose as much as five per cent on Thursday, putting the main index on track for its biggest one-day gain in more than three years. The …