Yesterday, the Senate threatened to remove and sentence the Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, and other top executive officers of petroleum su...
DefinitionThe Bear Sterns was a New York City based global investment bank and financial company that collapsed in 2008 during the subprime mortgage crisis. The company was founded in 1923 and lasted ...
The Nigeria Export-Import Bank recently disclosed that investors in Nigeria earn a 30% return on their investments.This was announced by Stella Okotte, Director of Business Development, NEXIM while ho...
FCMB Group Plc recently announced a 108% year-on-year (YoY) growth in profit before tax (PBT), which accounted for N55.1 billion for the first nine months, which ended September 30, 2023, when compare...
Earlier this month, it was reported by the Financial Services Commission on Sunday, November 5, that South Korea will issue a stop to stock short-selling starting from Monday, November 6, until June 2...
On Monday, Fox Petroleum Group announced that for the next three years, it will fund $7.5 billion into the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production in the upst...
What is a Bank Confirmation Letter (BCL)?DefinitionA bank confirmation letter is a letter that confirms an established loan or line of credit with a financial institution. It is a letter gotten f...
Bola Ahmed Tinubu, popularly known as ‘Jagaban,’ is a Nigerian political Godfather who served and worked his way into the thick and thin Nigerian political climate. His story is one to be reckoned...
The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns. The commission made this known after it published 91,843 companies that will be delisted on...
British International Investment (BII) recently announced its plan to sign a contract valued at $15 million with a Singapore-headquartered agricultural commodities trading house, Valency International...