NNPC seeks $5bn oil prepayment deal
NNPC is already cash-strapped and weighed down by billions of dollars in old debts
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Tag: business
Naira weakens to N365/$
Naira dipped from N363 which it had been selling on the streets for weeks.
Read moreDetailsNigeria’s GDP growth rises to 1.4%
National Bureau of Statistics (NBS) said the growth is 3.74 per cent points higher than the ...
Read moreDetailsFITC partners Malaysian FAA on capacity building for bankers
FITC has signed a Memorandum of Understanding (MoU) with the Finance Accreditation Agency (FAA) of Malaysia.
Read moreDetailsNoodles: Indomie buys Dangote plants in Ikorodu, Calabar
The transaction between Indomie and Dangote is valued at N3.75 billion ($12.26 million)
Read moreDetailsBanks begin restriction of fraudsters’ accounts
Commercial banks started sensitising their customers on the new policy to bar fraudsters
Read moreDetailsCBN weakens Naira in achieving rates convergence
In achieving convergence at the foreign exchange market, the Central Bank of Nigeria yesterday sold at ...
Read moreDetailsLending drops in Q3 2017 as 11 banks give out N14.7tr loan
From a loan book balance of N13.865 trillion as at December 2016, the loan books of ...
Read moreDetailsFG, banks tango over BVN
Banks set to tackle Federal Government initiated court order on forfeiture of its customers accounts not ...
Read moreDetailsBrazil’s Petrobras to sell Nigerian business
The blocks involved are Akpo and Agbami producing fields and are operated by Total SA and ...
Read moreDetailsCBN creates 7.1m jobs through Interventions
CBN made the number of jobs created known at the ongoing Lagos International Trade Fair
Read moreDetails58.4% adult Nigerians financially included –EFINA
EFINA said 40.1 million Nigerian adults are financially excluded
Read moreDetailsBitcoin as dangerous as Wonderbanks –NDIC
NDIC said Bitcoin is not a secure means of transaction
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