Business

Nigeria: GlaxoSmithkline, Honeywell H1 profits tumble

GSK's Nigerian unit said on Tuesday its first-half pretax profit fell to 424.

Rice importers dodging duties will be penalised, vows Emefiele

Mr Godwin Emefiele, governor of Nigeria's Central Bank said that those that defaulted in the…

Rice import gulps $2.1billion in 3 years, says CBN governor

The Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Tuesday said the…

MTN shares hit by Nigeria's woes, earnings tumble

Shares in South Africa's MTN fell 5 percent as the company said it expects a…

Elumelu Foundation identifies Africa's business impediments

The Tony Elumelu Foundation says finance, infrastructure and inadequate resource centres are the major impediments…

N250-N300b loan for states soon ; CBN working out details

The implementation of the three-pronged financial intervention of President Muhammadu Buhari to assuage workers plight…

Nigerian Customs blacklists GTB, Fidelity, Diamond banks

The Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties over…

AMCON: Shame list of defaulting bank debtors ready

Nigeria's "bad bank" AMCON on Monday asked loan defaulters to immediately square their accounts or…