Tony Elumelu's stake in Seplat Energy has soared past $1bn, doubling in eight months, following the acquisition of Mobil that boosted production and financial gains.
Tony Elumelu's stake in Seplat Energy has soared past $1bn, doubling in eight months, following the acquisition of Mobil that boosted production and financial gains.
A viral video on social media showing bags of shredded old naira notes said to be have been disposed of by the CBN has generated reactions amid cash scarcity.
Eleven big banks in the United States have come to the aid of one mid-size bank by depositing a huge sum, as many of its customers rush to withdraw their money.
Following a new rule by the CBN, the Chairman of Unity Bank was forced to retire from his position while one of Obasanjo's daughters is named a new director.
The UK embassy has announced that its visa application centres in Lagos will be closed on March 20 due to safety concerns related to the governorship elections.
Bamise Samson Ajetumobi, CEO of the defunct Imagine Global and Imagine Solutions, has been arrested in Cote d'Ivoire over an N11.75 billion investment fraud
The Nigerian Police force has begun a search for a Nigerian lady and four Indians who stole over N1.6 billion customers and shareholders' funds from Union Bank.
The NCC has provided insight into the rising number of failed bank transactions across banks as more Nigerians make electronic payments cash naira scarcity.
The Central Bank of Nigeria has directed that banks begins payment of old naira notes but this has not stop long queues across the country and cash scarcity.
Nigeria's inflation rate has jumped to 17 year-high leaving the Central Bank of Nigeria with a decision to make ahead of its Monetary Policy Committee meeting.
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