The Central Bank of Nigeria has said that the Bank Verification Number it issues in collaboration with Nigeria Inter-Bank Settlement System does not have an expiry date. The apex bank…

The Federal Executive Council on Wednesday, in Abuja, approved various projects worth N326.7bn in the ministries of Environment, Transportation, Water Resources, Youth and Sports, Federal Capital Territory, Finance and Works…

HH Capital, a private equity firm founded by billionaire investor, Tony Elumelu, has bought 70 million units of shares of United Bank for Africa where he is the chairman of…

The Chairman of the Investment and Securities Tribunal, Amos Azi, has said that delay in resolving disputes related to the capital market affects investors’ confidence in the market. Azi said…

The Economic and Financial Crimes Commission, on Wednesday, arraigned one Muhammed Usman for allegedly defrauding a man of N34.3 million on the pretext of supplying him the dollar equivalent. Usman…

The Chairman of Bi-Courtney Aviation Services Ltd, Dr Wale Babalakin, has stated that the General Aviation Terminal in Lagos was still operating illegally because based on the judgement of the…

The International Monetary Fund has warned Nigeria to expect a significant reduction in foreign loans as the global economy continues to experience new shocks and contractions. The IMF Deputy Divisional…

The Federal Airport Authority of Nigeria has ordered the immediate relocation of all aircraft stationed at the General Aviation Terminal of the Nnamdi Azikiwe International Airport, Abuja ahead of the…

A Federal High Court sitting in Abuja has ordered indigenous energy firm, Seplat Energy Plc, to hold its Annual General Meeting. This was revealed in a document signed by its…

The Nigerian Communications Commission, on Tuesday, grants MTN Nigeria a spectrum lease transaction from the Natcom Development and Investment Limited. The transaction, which covers 19 states in the country, permits…