Business and Economy

First City Monument Bank Limited (FCMB) has appointed Yemisi Edun as the acting Chief Executive Officer of the bank.This followed the decision by the...

The Central Bank of Nigeria needs to get its foreign exchange policy right to attract the needed investors that will improve the supply of...

BUA Cement has signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3 million tons each...

President Muhammadu Buhari says sustainable development is impossible when a country is hobbled by severe infrastructural deficits, thanking China for its support in building...

Shares of the First City Monument Bank (FCMB) posted a six per cent loss on the first day of trading on Monday, January 4.The...

BUA Cement said it had concluded the raising of N115 billion debt from investors through its Series 1 Fixed Rate Senior Unsecured Bond issue...

The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to continue to stabilise the...

Despite its huge oil reserves, Nigeria attracted only four percent of Africa’s $75 billion oil and gas investment in four years (2015-2019) because of...

Mobile Money Operators (MMOs) are to maintain a minimum of N2 billion capital base, the Central Bank of Nigeria (CBN) has directed in a...

The shareholders of France’s PSA and US-Italian rival Fiat Chrysler are expected to approve their merger on Monday, creating the world’s fourth-biggest automaker by...