CFAO Yamaha inaugurates assembly plant in Lagos
As CFAO Yamaha Motor Nigeria Limited opened its assembly plant and a showroom in Lagos, the Lagos State Governor, Mr. Akinwunmi Ambode, has expressed...
Akinremi becomes deputy CEO at United Capital
United Capital Plc, a leading African investment banking and financial services group, has announced the elevation of Mr Bunmi Akinremi as Deputy Chief Executive...
CBN may devalue the naira after MPC meeting – experts
Niyi Jacobs
Speculations are rife amongst investors and financial experts that the Federal Government may soon devalue the naira even as the Central Bank of...
EgyptAir crashes, 66 people on board
EgyptAir flight MS804 carrying 66 people has been confirmed crashed. French President, Francois Hollande, who confirmed that the missing plane has actually crashed, said...
Executive Summary of CBN 2015 Financial Stability Report
Global output growth remained weak in the second half of 2015 as evidenced by the decline in projected output growth to 3.1 per cent,...
Nigeria fails to export 800,000 barrels Bonny Light crude
Plans by the country to export about 800,000 barrels per day Bonny Light and Qua Iboe grade in May and June have been hampered...
Government shuns N1.06trn pension fund for infrastructure financing
By ABDUL OLALEKAN
Despite the clamour for fund by the federal and some state governments to fix infrastructural deficits in the country, States and Federal...
Nigeria looks to sukuk for infrastructure funding
By our Correspondent
The country hopes to use a proposed Islamic bonds issuance programme to help fund big infrastructure needs, aiming to tie the transaction...
Nigeria records $801m euro trade deficit in one year
Nigeria recorded at trade deficit of $801 million euro with the European countries in the last one year.
It was learnt that agricultural products valued...
Nigerian oil output down 40% on pipeline attacks- Kachikwu
The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has said that the country’s oil production has fallen by almost 40 percent to...
