The Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion for breaching its guidelines on lending to the real sector of the economy.…
Central bank of Nigeria (CBN) Governor Godwin Emefiele, has said that banks that fail to meet its directive on the 60 per cent Loan…
African Development has launched pilot Cities Diagnostics tool in five different cities. In a statement released to TheHerald, Prof, Davis Mwamfupe, the Mayor of Dodoma,…
Following the partial closure of Nigeria’s borders with intensified joint patrol conducted by the Customs and Immigration, there has been high patronage of locally…
Igo Weli, the General Manager of the Shell Petroleum Development Company of Nigeria (SPDC), has made an announcement stating how the oil giant loses…
Mr Ikponwonsa Gabriel, a pig farmer at Oba market in Benin says pig farming has the potential of reducing unemployment and poverty because it…
Some business people love to say hope is not a strategy. There are others too who love to say “we can’t trade on hope”.…
Drink giants Coca-Cola have announced the 100% takeover of Chi Limited, taking its partial ownership to a full one. This was contained in a…
MTN Nigeria has instituted a legal action against the Kogi State Government, claiming N5 million damages, an official said on Tuesday. The MTN’s Corporate…
Telecommunications company, 9mobile has announced the appointment of Mr Phillips Oki as its new Chief Financial Officer. The Acting Managing Director of 9mobile, Stephanie…