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CBN Fines Skye Bank N4 Billion For Concealing Government Funds

Less than two weeks after it sanctioned two major banks for flouting Federal Government directives on Treasury Single Account, the Central Bank of Nigeria...

It Gets Worse: Nigeria’s Earnings From Non-Oil Exports Drops By N52.2 Billion

Nigeria's earnings from non-oil exports has dropped by N52.2billion ($261million) in the second quarter of 2015 after President Muhammadu Buhari assumed office, Nigerian Export...

Virgin Atlantic Airline Sacks All Nigerian Cabin Crew Members

British largest carriers, Virgin Atlantic, has reportedly laid off all the Nigerian members of the Cabin Crew. The development was made known through the emails...

MTN Seeks 80% Reduction Of $5.2 Billion NCC Fine

MTN Group is seeking a reduction of up 80 per cent  of $5.2 billion fine imposed by the Nigerian Communications Commission (NCC), a Renaissance...

NSE Sanctions Oando For Delayed Filing Of Financial Results

NAN - The Nigerian Stock Exchange has sanctioned Oando Plc for delayed filing of its audited financial statements for the year ended December 31,...

NNPC Loses N120 Billion In 2 Months

The Nigerian National Petroleum Corporation incurred a total loss of N120.07bn in the months of August and September, the latest NNPC Group financial report...

MTN Finally Agrees To Pay N1.04 Trillion Fine

While pleading for staggered payment model, MTN has finally bowed to pressure as it has accepted to pay the N1.04 trillion fine slammed on...

Opinion: MTN – An Unfolding Corporate Scandal Of A Yellow Brand

by Oke Epia Big businesses normally do what they can to ward off scandals. But when the inevitable happens and the bubble bursts so that...

Naira Maintains Steady Depreciation At Parallel Market

NAN - The Naira on Friday depreciated further at the parallel market amidst intense regulation of the activities of operators of the Bureau de...

Buhari Won’t Devalue The Naira – Osinbajo

Champions of devaluation may have lost the battle following the Federal Government’s resolve to retain the naira value against the dollar. The naira currently exchanges...

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