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Oil, gas and power firms owe banks in the country about N3.931 trillion as at the end of December 2015, according to latest data released by the Central Bank of ...

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele last night began the hosting of several central bank governors across Africa to discuss the effects of the exogenous shocks from ...

Nigeria’s largest bank by assets, FBN Holdings Plc, is a solid profits generating lender despite the challenging year that 2015 was. First Bank’s strong fundamentals arise from its dominant position ...

Mr Rotimi Ogunleye, the Lagos State Commissioner for Commerce, Industry and Cooperatives, says adequate funding can develop small businesses in Nigeria and strengthen the economy. Ogunleye stated this at the ...

United Bank for Africa (UBA) plans to increase its presence in Africa outside Nigeria to 25 countries from 18 now and inject capital into its subsidiaries in Kenya, Tanzania and ...

  The chief executive of Nigeria's Fidelity Bank remained in custody on Tuesday, having been detained last week by the country's financial crimes agency, prompting the lender to appoint a ...

Republican front-runner Donald Trump all but sealed the party's presidential nomination on Tuesday with a commanding victory in Indiana that forced rival Ted Cruz to finally end his campaign. The ...

Recent figures and statistics emanating from the ongoing recruitment into various service in Nigeria such as the Nigerian air force, economic and financial crime commission (EFCC), the Nigerian army as ...

Fidelity Bank Plc has recorded a profit before tax (PBT) of N4.0 billion and profit after tax (PAT) of N3.6 billion for the first quarter ended March 31, 2016. The ...

Donald Trump on Sunday compared the U.S.'s trade deficit with China, which he regularly laments and vows to tackle as president, to rape. "We can't continue to allow China to ...