Business

Minister of Finance, Kemi Adeosun The Federal Government says it has released N400 billion from the 2016 budget to implement capital projects and an additional N60 billion will be released …

The U.S. Air Force has awarded a contract valued at $2.8 billion to Boeing to produce the first 19 new KC-46A tankers. The contract comes about a month after the …

The Chartered Institute of Bankers of Nigeria, CIBN has concluded arrangement to admit into its fold, a new set of Associates Members (ACIB) of the Institute at an induction ceremony. …

The Central Bank of Nigeria (CBN) has defended the liquidity position of Skye Bank Plc, saying the lender is neither distressed nor liquidated. In a statement, its Acting Director, Corporate …

Turkey’s flag carrier Turkish Airlines has renamed eight of its planes after districts in Istanbul and Ankara that played a central role in suppressing the deadly failed coup attempt on …

Turkey has supplied 19 million cubic meters (mcm) of fresh water to Turkish Cyprus under a landmark water supply project, sources at the Forestry and Water Affairs Ministry told state-run …

A woman in the United Kingdom, was shocked to find out that Burger King has charged her nearly $1,000 for a cheeseburger, causing a huge shortfall in her bank account. …

The Naira on Wednesday depreciated further against the dollar, amid last minute perfection of documentation by Bureau De Change (BDC) operators, the News Agency of Nigeria (NAN) reports. The Nigerian …

Funding pitfalls that affected the Defined Benefit Scheme (DBS) may threaten the Contributory Pension Scheme (CPS) if the Federal Government does not pay accrued pension rights, experts have said. They …

The Central Bank of Nigeria (CBN) yesterday increased banks’ weekly Diaspora-related foreign exchange (forex) sales to Bureaux De Change (BDCs) from $30,000 to $50,000. Addressing reporters after the Bankers’ Committee …