Saturday, April 25, 2026
‘Banks to begin offsetting loan defaults with deposit in other banks’
Nigerian bankers have agreed that henceforth, loan defaulters will have to forfeit their assets in other bank accounts. The forfeited...
Read moreDetailsOil pipeline vandalism up by 77%, says NNPC
The Nigerian National Petroleum Corporation (NNPC) yesterday said oil and gas pipeline vandalism rose by 77 percent in June this...
Read moreDetailsSmarting from $9.9bn P&ID liability, FG risks fresh $3.5bn judgment debts
As the federal government tries to wriggle its way out of the failed gas project proposed to be executed by...
Read moreDetails$9.6bn: British firm to identify Nigeria assets for seizure
An Irish firm, which won a world record $9.6bn arbitration fine against the federal government, has instructed its lawyers to...
Read moreDetailsNigeria Customs risks N1bn loss as ECOWAS trade suffers
By Samson Echenim Despite a loud outcry from importers and their clearing agents, whose goods have been trapped in...
Read moreDetailsOil prices slides 3% as U.S.-China trade war escalates
Oil prices fell nearly 3% on Friday after China unveiled retaliatory tariffs against about $75 billion worth of U.S. goods,...
Read moreDetailsBanks jostle to unlock N1.5trn for real sector lending
Commercial banks are positioning themselves to attract more customers in the small business segment of the market as the deadline...
Read moreDetails60% of Nigeria’s 2019 budget to be rolled into 2020 – Minister
Chris Ngige, the minister of labour and employment, Thursday said less than half of the 2019 budget will be implemented...
Read moreDetailsLabour, FG meet again over minimum wage adjustment
The federal government and the joint public service negotiating council are scheduled to meet on Friday to try and finalise...
Read moreDetails3,891 debtors owe banks above N1bn each
About 3,891 firms and other debtors have taken individual loans above N1bn, totalling N13.19tn of loans in the banking sector....
Read moreDetails
Popular News
-
Igbobi alumni raise over N1bn in one week as private capital fills education gap
-
How UNESCO got it wrong in Africa
-
CBN to issue N1.5bn loan for youth led agric expansion in Plateau
-
Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition
-
Insurance-fuelled rally pushes NGX to record high
BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.