Beware Banks’ Snap Reaction to New Money Laundering Rules
Anna Bradshaw and James Le Gallais/ The implementation deadline on 26 June for the EU’s Fourth Money Laundering Directive is…
Okomu Oil PLC Rakes in N14.3Bn in 2016
The Okomu Oil Palm Company PLC says it recorded revenue of N14.3 billion in 2016, as against N9.7 billion recorded…
Oil Prices Hit 7 Months Lows as Libya, Nigeria Lead Global Oversupply
Oil prices fell about 2 percent on Tuesday, with Brent settling at seven-month lows and U.S. crude at its cheapest…
Ghana Claims Dangote
Nigeria’s claim to Africa’s richest man is being challenged in Ghana. Guess who Ghana’s African Richest Man is: It’s Alhaji…
FCT Rakes N806.6m from Signage in 2 Years
The Federal Capital Territory (FCT), Department of Outdoor Advertisement and Signage (DOAS), generated N806.6 million revenue from signage between 2015…
NSE Market Value Rises by N84bn
The Nigerian stock market has maintained a bullish trend with the market capitalization growing by N84 billion, lifted by gains…
DSS Sets Ifeanyi Ubah Free
Dr. Ifeanyi Ubah, the managing director of Capital Oil and Gas Limited has been released from the Department of State…
$1.2b Debt: Creditors Move to Take Over Etisalat Nigeria
Etisalat Nigeria, on Tuesday, said it has initiated changes to its shareholding structure after talks with banks to restructure a…
CBN Mulls New FOREX Retail Option, Pumps $995m
The Central Bank of Nigeria is contemplating introducing a new FOREX retail option in Nigeria, just as it released another…
Executive Orders: NAMA Demands Strict Compliance
The Nigerian Airspace Management Agency (NAMA) has challenged Airspace Managers across Nigerian Airports to ensure strict and unhindered compliance to…