archiveMay 30, 2016

President Muhammadu Buhari has approved the establishment of an inter-agency task force that will help the Asset Management Corporation of Nigeria (AMCON) recover loans and other assets it took on six years ago to rescue banks in the country. Bloomberg report monitored by Business247 in Lagos read: “Debtors who cut...

  World oil market is immensely profiting from the chaos in Nigeria as result of disruption to the nation’s output as militants have continued to blow oil installations in the Niger Delta region of the country which is the base oil production the country. According to Bloomberg’s report monitored by...

Sixteen members of staff sacked by the Nigerian Maritime Administration and Safety Agency (NIMASA) have urged the National Human Right Commission (NHRC) to intervene in their matter and ensure their reinstatement. The appointment of the aggrieved staff members were terminated by the former Director General of the agency, Mr.  Raymond...

The latest financial results of Access Bank Plc for the full year ended December 2015 indicates another improved growth in gross earnings that translate to better growth in profitability and shareholder returns on investment despite a challenging macro-economic environment. The bank with a successful Right Issue, recorded an improved growth...

The presidency has released a list detailing all the achievements of President Buhari in the last one year in office on May 29th. The list as published by the News Agency of Nigeria contains the following: SECURITY: The relocation of the Nigerian Military Command Centre to Maiduguri, since May 2015,...