Cros Agro Invests in Potato, Coffee, Ginger Farms in Kaduna
Cros Agro Allied Ltd, a BlackPace company is making huge strategic investment in potato, oil palm, cocoa and ginger production…
Nigerian Interbank Rate Eases on Liquidity Injection
Nigeria's interbank lending rate dropped 6.5 percentage points on Friday to 5 percent on average as the money market…
Lagos Court Demands State Halt Slum Demolitions, Consult Residents
More than 300,000 people living on the edge of Lagos' lagoon may be spared eviction after a court ruled that…
Nigeria Central Bank Hits Out at ‘Unpatriotic’ Policy Critics
Managing naira exchange rate benefits the poor, CBN says Bank won’t abandon measures to defend naira, reserves Nigeria’s central…
Nigeria Tells Shell, Eni to Temporarily Cede Oil Field Control
A Nigerian court has ordered Royal Dutch Shell Plc and Eni SpA to cede control of a jointly owned oil…
Stanbic IBTC Announces Key Executive Appointments
Yinka Sanni named CEO, Stanbic IBTC Holdings PLC, Sola David-Borha Chief Executive Standard Bank, Rest of Africa Demola Sogunle, CEO,…
Fidelity Bank Appoints Charles Aigbe as Divisional Head, Brand and Communications
Fidelity Bank Plc, one of Nigeria's leading banks has announced the appointment of Charles Aigbe as Divisional Head, Brand and…
Fitch Downgrades Nigerian Rating Outlook on Dollar Shortages
Lack of foreign currency hampering West African economy Low government revenue poses risk to debt sustainability Fitch Ratings Ltd.…
Economic Recovery in Nigeria Hobbled by Oil, Currency Policy
Nation to continue currency defense despite dollar shortages Government talking with militants to end oil-pipeline attacks Nigeria’s economy may…
Guinness Nigeria Plc Receives Shareholder Approval for N40bn Rights Issue
Guinness Nigeria Plc has received the approval of its shareholders for a proposed Rights Issue at its Extra-Ordinary General Meeting…