BREAKING NEWS

  The wife of President Muhammadu Buhari says she may not back her husband at the next election unless he shakes up his government. According to Reuters’ report monitored by Business247 News Online, Aisha Buhari told the BBC in a interview published on Friday that her husband did not know...

  Nigerian senior national football team, Super Eagle defeated Zambia national team 2-1 in the World Cup qualification match in far away Zambia on Sunday evening. Two first-half goals from Alex Nwobi of Arsenal Football Club of England and Kelech Iheanachor of Manchester City Football Club also of England did...

  ...warns of impending depression Dr. Olisa Agbakoba (SAN) has written to President Muhammadu Buhari on "Practical solutions to scale Nigeria's recession" and warned that depression is looming if urgent solutions are not provided. Agbakoba said it was evident now that the oil price shock was the main contributing factor...

The Central Bank of Nigeria (CBN) has reinstated the remaining eight Deposit Money Banks (DMBs) that were recently suspended from the foreign exchange (forex) market. The reinstatement of the banks was announced in Abuja on Wednesday by the CBN Director of Banking Supervision, Mrs. Tokunbo Martins. She explained that the...

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st August 2016 at the Stock Exchange House, Marina, Lagos. The CEO Roundtable themed “Navigating the Changing Business Landscape in Nigeria” will bring together thought leaders and captains...

Amid macro economy challenges, Guaranty Trust Bank Plc has announced N91.4 billion profit before tax in its audited hal- year period ended June 30, 2016. In its results posted on the Nigerian Stock Exchange website today, the leading in profitability bank announced a growth of 44.8 per cent in profit...

The Chairman, Senate Committee on the Federal Capital Territory (FCT) and Founder of Anti-Corruption Network, Senator Dino Melaye, has asked the Economic and Financial Crimes Commission (EFCC) to commence investigation of Manitoba Hydro International Nigeria Limited, over alleged abuse of Public Procurement Act and diversion of funds amounting to N13.8...

The Joint Admissions and Matriculation Board (JAMB) has withdrawn the list of recommended candidates for admission earlier sent to the tertiary institutions. A press statement by JAMB today signed by its Head of Media, Dr. Fabian Benjamin made public this development. According to him, “This is to ensure that the...

The Zenith Bank Plc has cleared the air on the claim by the Governor of Ekiti State, Ayodele Fayose that the bank was responsible for funding his governorship election in the state. Zenith Bank, in the information sent to the Nigerian Stock Exchange (NSE) today on the issue and which...

The Federal Government has extended the Eid-el-Fitri holiday in the country by one day, Thursday, July 7th, 2016 has been added to Tuesday and Wednesday that were earlier declared. The statement announcing the extension reads: “Following the directive by the President General of the Nigerian Supreme Council for Islamic Affairs,...