Business

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UI: 12 professors battle for VC’s seat

Stories byYinka Lawal No fewer than 12 professors' battle to become the Vice Chancellor of University of Ibadan as the tenure of the present Vice...

Drop in identity theft has made consumer banking viable in Nigeria— Citibank MD

      Citigroup Incorporated has lauded government for its efforts towards addressing impersonation in the country, saying this made the country conductive for the establishment of...

NDIC pays depositors of failed banks N94.7bn in 2014

      The Nigeria Deposit Insurance Corporation (NDIC) financial result for  year ended 2014 has shown that it paid N94.74 billion as liquidation dividend to 250,592...

Diamond Bank, Geometric Power, others  sign …

 ...agreement to boost power stock   The Aba Integrated Power Project (Aba IPP),Nigeria's first indigenous fully integrated green-field electricity project, has received a boost as it...

FG to sell N70bn worth of bonds next week

    The Federal Government has concluded plans to sell N70 billion ($351.85 mln) worth of bonds on July 15, at this year's seventh debt auction. The...

Nigeria records N700bn mobile money transactions in 3 years —CBN

    Nigeria has recorded a total transaction of N700 billion through the mobile money banking system since 2012, a Central Bank of Nigeria (CBN) official...

Reprieve comes to States, as FG shares N359bn to them

    Reprieve may have come the way of State Governments given the announcement yesterday that the Federation Account Allocation Committee (FAAC) is to share the...

Nigeria loses $83.3bn to illicit cash outflow — AfDB

    The African Development Bank has raised alarm over the outflow of illicit cash from the country. The Bank said that Nigeria has already lost about...

NEMA, NSA collaborate to tackle maritime crimes

The National Emergency Management Agency (NEMA) yesterday said that it would collaborate with the office of the National Security Adviser (NSA) to evolve mechanisms...
Niger Insurance House

Niger Insurance Plc shareholders vote for business restructuring

BY EMEKA EJERE The shareholders of Niger Insurance Plc have given the company their approval to restructure its insurance business into general, life...