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FirstBank Issues $450 Million Eurobond

FirstBank of Nigeria Limited has successfully issued a $450 million tier-2 Eurobond, THISDAY learnt at the weekend. The debt instrument with a seven-year tenor...

Odds Against Policy Shift At CBN Monetary Policy Committee Meeting On Monday

Ahead of tomorrow’s  239th Meeting of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), there is a groundswell of optimism...

Nigerian Businesses In Ghana Still Locked Up Despite Police Order

Retail businesses owned by foreign nationals, mostly Nigerians still remain locked up by Ghanaian traders despite a police order requesting the re-opening of the...

NNPC To Go Into Oil Bunkering In October

The Nigeria National Petroleum Corporation (NNPC) said it had concluded plans to go into oil bunkering business to boost its profitability in line with...

Nigeria Met All Primary Criteria For Attaining Single Currency In 2013 — CBN

Alade disclosed this at the 37th Technical Committee meeting of the West African Monetary Zones (WAMZ), in Abuja. The four primary criteria include single-digit inflation...

Looming Earthquake : We‘ll Shut Down Oil Production – Alamieyeisegha

ABUJA – Former governor of Bayelsa State and delegate to the ongoing national conference, Chief Diepreiye Alamieyeisegha on Monday said that the Niger delta communities...

BPE, NCP Ask Court To Refuse Request By Ethiope Energy To Stop Power Stations’ Privatisation

The Bureau for Public Enterprises (BPE) and the National Council on Privatisation (NCP) have asked a Federal High Court in Abuja to refuse an...

President Jonathan Orders FRSC To Impound Vehicles Without Customs Clearance

Imported vehicles without proper customs clearance are to be impounded by the Federal Road Safety Commission (FRSC), President Goodluck Jonathan gave the directives yesterday. Such...

President Jonathan Orders Work On Second Runway For Abuja Airport

President Goodluck Jonathan yesterday directed the Coordinating Minister for the Economy (CME) and Minister of Finance, Dr. Ngozi Okonjo-Iweala, Minister of Federal Capital Territory...

Akwa Ibom Youths Shut Down ExxonMobil Over Oil Spills

Youths from ExxonMobil’s host communities in Ibeno, Akwa Ibom State, have shut down the operations of the multinational oil firm over persistent oil spills...

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