Consequently, only 67.28 million accounts that represent 69.7 per cent of the total activated accounts domiciled in commercial banks are functional.
XCMG sold about 5000 units of various kinds of products to customers in Africa last year 2016
The High Court in London has ruled that two polluted communities in Nigeria's southern Niger Delta region cannot seek redress against oil giant Shell in the UK.
Nigeria's central bank has banned financial institutions from using Bitcoin and other virtual currencies
During its 11-year-long civil war, Sierra Leone became famous for blood diamonds. Rebel and government groups fought brutally over diamond-rich territory in the north of the country and funded themselves […]
Air travel apex regulatory body, the Nigerian Civil Aviation Authority (NCAA) has
Nigeria has confiscated 102 bags of "plastic rice" smuggled into the country by unscrupulous businessmen, the customs service says.
Airline operator, Aero Contractors has announced the resumption of its scheduled services across the country from Wednesday, December 21, 2016.
By Mike Ikenwa, Lagos I learnt that the Ponzi scheme called MMM has launched a new fraudulent way called NNN Nigeria to defraud Nigerians. What people won’t learn easily is […]
The International Monetary Fund (IMF) has approved a three-year $12bn (€11bn) loan for Egypt to help the country out of its deep economic crisis. Egypt will receive $2.75bn immediately, with […]
After suspending airline activities on Tuesday, Arik Air has now resumed work to a low turnout of passengers at the Murtala Muhammed Airport, Ikeja, Lagos.
Just 24 hours after it suspended operations over alleged indebtedness, Arik Air has said it will resume normal flights in Nigeria on Wednesday, September 14 morning, The Nigeria Television Authority (NTA) reports.
MTN Group Limited is currently seeking fresh funds through the sale of bonds to offset a N330bn ($1bn) Nigerian fine, pay dividends and address capital expenditure. This came just as […]
Niger has banned the export of donkeys, warning that a three-fold increase in trade, mainly to Asian countries, is threatening its donkey population. “If the export continues the animals will […]
Nigeria is negotiation a $21 billion loan from China’s Eximbank as it grapples with a foreign exchange squeeze Budget minister Udo Udoma who presented the loan request, explained that the […]
More than two years after losing Africa’s largest economy to Nigeria, South Africa’s economy have