Wema Bank reports 9-months pre-tax profit 1.49 bln naira
Oct 21 (Reuters) – Wema Bank Plc : * 9-Months ended Sept 2016 net interest income of 12.79 billion naira versus 13.26 billion naira year Read more
Oct 21 (Reuters) – Wema Bank Plc : * 9-Months ended Sept 2016 net interest income of 12.79 billion naira versus 13.26 billion naira year Read more
By Nqobile Dludla JOHANNESBURG (Reuters) – South African telecom companies MTN Group and Telkom said on Thursday they opposed a government plan to force operators Read more
A total of 310 youths, including members of the National Youth Service Corps, on Thursday received N930m from the Central Bank of Nigeria to establish Read more
The World Bank yesterday revised upwards its 2017 forecast for crude oil prices, raising it from $53 per barrel to $55 per barrel as members Read more
The Nigerian National Petroleum Corporation has cut the price of every type of crude oil it sells in an effort to regain share of the Read more
A Nigerian oil firm, Petrolex Group, on Thursday said it had entered into a consortium with Wema Bank and the government of Ogun to build Read more
Alphabet Inc’s (GOOGL.O) Google has reached an agreement with CBS Corp (CBS.N) to carry the network on its planned web TV service and is in Read more
The final debate between White House contenders Hillary Clinton and Donald Trump on Wednesday attracted a bigger TV audience than last week’s face-off, but is Read more
The amount of money which South Africa’s MTN Group (MTNJ.J) is alleged to have illegally moved out of Nigeria could be “outrageously higher” than an Read more
In a deal certain to boost confidence in the downstream segment of Nigeria’s oil and gas industry, indigenous downstream company, NIPCO Plc, announced yesterday that it Read more
Mr Denys Gauer, Ambassador of France to Nigeria, said that the French Development Agency dedicated 370 million euros for soft loans to support the development Read more
An international carrier, Lufthansa Airline, on Thursday said it had no plan to reduce its flight operations in Nigeria. The airline’s Media Consultant, Mr. Hakeem Read more
A Far East consortium have agreed a conditional £130 million takeover of Hull City, according to a document filed to the Hong Kong stock exchange. Read more
Global demand to double by 2035 Growing population of the country notwithstanding, Nigeria missed out among top 10 African countries with fastest growing market for Read more
The Federal Inland Revenue Service (FIRS), ramped up its tax enforcement drive when its teams shut down premises of companies with tax liabilities in Warri, Read more
Electric carmaker Tesla says all cars it now builds will have hardware needed to drive completely on their own. But despite the cameras, sensors and Read more
The Super Mario maker is planning to put a three-minute video about the “console with a completely new concept” on its website at 11:00 pm Read more
A Chinese internet colossus referred to as a combination of Netflix, Apple, Amazon and Tesla announced Wednesday it is taking on US tech titans on Read more
Uber Nigeria has announced that it is now making low-interest, used-vehicle loans available to its top-rated driver-partners. The pioneering move is the result of partnerships entered Read more
The successfull transition of Nigeria’s broadcast from analogue to digital broadcasting will fetch the country over $1billion (about N450billion) yearly, Minister of Information and Culture, Read more
• Infrastructural deficit limits bilateral ties The United States Government has stated that Nigeria and other African countries accounted for $4.1 billion worth of non-oil Read more
Oyetunji Abioye FACTS emerged on Tuesday that banks in the country decided to stop their naira debit cards from working abroad after the Central Bank Read more
It is indeed an honor for me to welcome you to this edition of AFRICAST 2016. The Federal Government is particularly delighted that this is Read more
Nigerian Senate Monday pledged to support the Central Bank of Nigeria (CBN) in its efforts geared towards taking the country out of the current economic Read more
Netflix has shaken off growth worries with new subscriber numbers that beat estimates and sent its shares soaring. The video streaming company added 3.2 million Read more
Called on the discouragement of sub-standard goods in the market… Senate President, Dr. Abubakar Bukola Saraki, and Senator representing Abia South, Sen. Enyinnaya Abaribe, have Read more
Mr Aliko Dangote, Chairman, Dangote Group, says 98 per cent of all dairy products consumed in the country are imported. Dangote made this assertion in Read more
CHINA imported record volumes of crude oil in September, eclipsing the United States as the world’s top buyer. China’s September crude oil imports rose 18 Read more
Oando Marketing Limited, Nigeria’s leading oil and marketing retailer, has announced a change of the company’s brand name to OVH Energy Marketing Limited to reflect Read more
Nigeria Deposit Insurance Corporation (NDIC) has consistently remitted over 80 per cent of its operating surplus to the Consolidated Revenue Fund (CRF) at every year Read more
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