The son of Angola’s ex-president Jose Eduardo dos Santos was remanded in custody in a $1.5-billion corruption case, a state prosecutor said on Monday.
“Given the complexity and seriousness of the deeds and in order to guarantee an effective enquiry…...
President Muhammadu Buhari on Wednesday presented a budget proposal of N8.83 trillion for the year 2019 to a joint session of the National Assembly.
The 2019 Budget, tagged ‘Budget of Sustenance’, is a drop from the N9.12tn approved for 2018.
The...
The Nigerian Communications Commission (NCC) says the telecoms industry has lost N1.06 trillion to call masking, call refiling and SIM boxing in two years.
NCC executive vice chairman, Umar Danbatta, made this known on Thursday at the 85th edition of...
The chairman of the board of Diamond Bank Oluseyi Bickerseth and three other directors of the bank have resigned.
The bank announced the resignation in a notice sent to the Nigerian Stock Exchange and signed by Uzoma Uja, company secretary,...
The Central Bank of Nigeria (CBN) has announced the resolution of its dispute with MTN Communications Limited.
In a statement on Monday by its director of corporate communications, CBN said the company will now atone only for the illegal remittances...
Leading pay television company in Nigeria, Multichoice, may reduce some bouquets on its GO television platform.
Industry sources told Vanguard that the review, which is expected to be announced soon, may see the subscription rate on GOtv MAX, the highest...
Nigeria’s Minister of Power, Works, and Housing, Babatunde Fashola, says Nigerian banks are not willing to fund infrastructure development in the country.
Speaking at the just-concluded 24 Nigerian Economic Summit (NES24), the minister said only NLNG and Dangote Group have...
The Federal Government and the leadership of the Nigeria Labour Congress (NLC) will continue negotiations on the national minimum wage on Sunday, in spite of a court order stopping the labour from embarking on strike.
The labour union had announced...
The federal government has said it would extend its Anchor Borrowers Programme to palm oil, and fish farmers in the country.
This was revealed by the Central Bank of Nigeria (CBN) Governor Godwin Emefiele at the bankers’ dinner in Lagos.
According...
The Federal Government on Saturday said that it would pay oil marketers N236bn next Friday.
It disclosed the payment was the first tranche of the outstanding N348bn subsidy claims that it owed members of the Major Oil Marketers Association of...
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