Tier -1 bank, GTCO Plc, has raked in the sum of N15.6 billion as account maintenance charges in the first half of this year. This was...
Nigeria’s average daily crude oil production increased to 1.35 million barrels per day (bpd) in August. This is even as Nigeria retained its position as the...
Billionaire businessman and chairman of the United Bank for Africa (UBA), Tony Elumelu has pointed out that development of any country is impossible without access to...
Investors in the Nigerian equities market gained N343 billion at the close of trading on Tuesday. This followed an increase in the share prices of stocks...
President Bola Tinubu declared on Tuesday his administration has started restoring confidence in Nigeria’s economy through its reforms. He stated this at the 17th Annual Chartered...
The Nigerian National Petroleum Company (NNPC) Limited has announced the signing of an agreement with Chevron Nigeria Ltd (CNL), its joint venture (JV) partner, on the...
The Trade Union Congress (TUC) has made a passionate appeal to the Central Bank of Nigeria (CBN) and the Nigeria Customs Service (NCS) to grant the...
The Nigerian equities market began the week on a negative note on Monday, September 9, 2024 as investors lost N111bn at the end of the trading...
The Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, said on Monday the Federal Government has not increased the Value-Added- Tax (VAT)...
The National Bureau of Statistics (NBS) said on Monday revenue generated from Value Added Tax (VAT) rose to N1.56 trillion in the second quarter of this...
The Securities and Exchange Commission (SEC) has warned that it would soon commence enforcement actions against all individuals and business entities, including crypto exchange platforms operating...
Investors in the Nigerian equities market endured mixed trading sessions on the floor of the Nigerian EXchange Group (NGX) last week. The bourse recorded gains in...
Nigerians have devised an ingenious means to escape the deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has refuted claims made by the Muslim Rights Concern (MURIC) that it is undermining the Dangote Refinery Limited...
Investors in Nigerian equities market endured mixed trading sessions on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation fell to N55.39trn from N55.47trn...
In a bid to stabilize the Nigerian naira, the Central Bank of Nigeria (CBN) has announced the sale of dollars to Bureau De Change (BDC) operators....
The Nigerian equities market closed the week’s trading with a N128 billion gain for investors on Friday. This followed an increase in the share prices of...
The Nigeria Customs Service (NCS) has provided an explanation for the delay in implementing the import duty waiver on maize, husked brown rice, and wheat. NCS...
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Premium Motor Spirit or petrol from the Dangote Refinery will begin to flood the market from...
The Nigerian equities market extended its bearish trend on Thursday as investors lost N188 billion at the close of trading. This followed the dip in the...
There are indications that the Nigerian National Petroleum Company (NNPC) Limited may still increase the pump price of Premium Motor Spirit (PMS) popularly known as petrol...
Dangote Group has debunked reports making the rounds that the Nigeria National Petroleum Company Limited (NNPCL) is currently lifting petrol from its refinery at a price...
Investors in the Nigerian equities market lost N193 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks...
The Manufacturers Association of Nigeria (MAN) has warned that the recent hike in the prices of premium motor Spirit PMS popularly known as petrol may lead...
The co-chair of the Bill and Melinda Gates Foundation, Bill Gates, stated yesterday that Nigeria’s tax collection rates are low, pointing out that this poses a...
Nigeria’s power generation has reached a three-year peak of 5,313 megawatts, according to the Federal Ministry of Power. This milestone, announced on Monday, marks a significant...
The Nigerian equities market sustained the bullish sentiment on Tuesday as investors made N46 billion at the close of the day’s trading. This followed the increase...
Billionaire businessman, Femi Otedola, on Tuesday warned oil cabals in the country to dismantle their depots and sell them off as scraps before it is too...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday that the Dangote Refinery would supply 25 million litres of petrol to the Nigerian...
A cryptocurrency exchange platform, Binance Holdings Limited on Tuesday made a fresh appeal to the Federal Government for the release of its detained executive, Tigran Gambaryan....
A few hours after the Minister of State for Petroleum Resources, Heineken Lokpobiri, denied reports of increase in the pump price of Premium Motor Spirit (PMS)...
Businessman Aliko Dangote announced on Tuesday that the Federal Executive Council (FEC) is working on establishing a new pricing structure for petrol produced at the Dangote...
President Bola Tinubu has tasked the new board for the Bank of Industry (BOI) to work harmoniously, diligently, and with utmost fidelity to the nation. This...
After over a year since its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol,...
The Nigerian equities market began the new week and September on a positive note as investors raked in a profit of N123bn at the end of...
The bull returned to the Nigerian equities market last week following strong performances from stocks like Oando, Julius Berger, Eterna, Deapcap and others. After five days...
Former Vice President Atiku Abubakar has slammed the Nigerian National Petroleum Company Limited (NNPCL) over its admission of a $6 billion debt to petrol suppliers. After...
After several weeks of denial, the Nigeria National Petroleum Company Limited (NNPCL) has finally admitted to a significant debt to fuel suppliers. This, the state oil...
Investors in Nigerian equities market recorded bullish trading sessions on the floor of the Nigerian Xchange Group (NGX) gaining N348.34bn as market capitalization increased to N55.47trn...
The Nigerian equities market closed the week on Friday with a profit of N98 billion for investors. This followed the growth in the share prices of...
The Managing Director of Financial Derivative Company, Bismarck Rewane, said on Friday the $1 trillion economy target set by President Bola Tinubu’s administration would not happen...
The Chairman of BUA Group the parent company of BUA Cement Plc, Abdulsamad Rabiu has related how cement dealers frustrated his company’s plan to sell cement...
The Nigerian National Petroleum Company Limited has unveiled plans to engage private oilperations and Maintenance companies, to operate and maintain the Warri Refining and Petrochemical Company...
The Nigerian equities market recovered from trading losses on Thursday as investors gained N117 billion at the close of the day’s trading. This followed the increase...
A new report released by a security intelligence gathering and strategic consulting firm, SBM Intelligence, has revealed that Nigerians paid ₦1.04 billion as ransom to kidnappers...
The federal government of Nigeria has signed a memorandum of understanding (MOU) with Boeing, an aircraft manufacturer, to facilitate the acquisition of modern aircraft for local...
Wale Edun, the minister of finance and the coordinating Minister of the economy, has inaugurated a new board for the Nigeria Sovereign Investment Authority (NSIA). This...
After days of positive trading, the Nigeria equities market slipped back to bearish territory on Wednesday as investors lost N176 billion at the close of trading....
Malaysia, Netherlands, and Brazil have emerged as the top export destinations for Nigeria in the first half of this year. The Executive Director of the Nigerian...
Despite the several measures put in place by the federal government of Nigeria to cushion the rising cost of food items, a fresh report on Selected...
