The Bank Directors Association of Nigeria (BDAN) has kicked against the recently signed windfall tax introduced by the Federal Government. The association described it as “excessively...
Stakeholders in the Nigeria telecommunications ecosystem on Tuesday warned that the industry is on the brink of collapse. They spoke at a forum tagged: “TELECOMS INDUSTRY...
In a bid to reaffirm its commitment to fostering transparency and accountability in the Nigerian economic ecosystem, the Central Bank of Nigeria (CBN) has reintroduced the...
The Federal Competition and Consumer Protection Commission (FCCPC) is set to engage key players in the supply and distribution chain to address the issue of exorbitant...
The Nigerian equities market began the week on a low on August 12, 2024 as investors lost N404bn at the end of trading session. This follows...
Nigeria’s crude oil production rose to 1.307 million barrels per day in July. The Organisation of Petroleum Exporting Countries (OPEC) disclosed this in its Monthly Oil...
A few weeks after Dangote Industries Limited, the operators of the Dangote Refinery raised alarm about the inability to get crude allocation under the Domestic Crude...
The Nigerian National Petroleum Corporation (NNPC) Limited has denied involvement in the alleged attempt to sabotage the Dangote Refinery. The company pointed out its significant financial...
The Nigerian equities market reversed the loss recorded in the first trading week in August to post a fairly profitable trading last week. The bourse gained...
The Nigeria Deposit Insurance Corporation (NDIC) on Sunday explained why the 17.64% of the insured depositors of defunct Heritage Bank have not been paid. In a...
The Centre for the Promotion of Private Enterprise (CPPE) has bemoaned the overbearing policy of regulatory agencies in Nigeria. This, the economic think-tank has led to...
10 reasons gutter system is essential for modern buildings Gutter systems are essential components of a building’s exterior that collect and divert rainwater away from the...
Investors in Nigerian equities market enjoyed a fairly profitable trading week on the floor of the NGX gaining N480bn in the just ended trading week. This...
The Central Bank of Nigeria (CBN) has issued a new directive requiring foreign investors to provide concrete evidence of their investment transactions before they can repatriate...
The operators of Dangote Refinery and Petrochemical Plant have rejected a claim by one of the regulatory agencies in the Nigerian oil and gas ecosystem, the...
The Nigerian equities market closed the week’s trading with N270 billion gain by investors on Friday. This followed an increase in the share prices of stocks...
The Nigerian Shippers’ Council (NSC) has lamented the absence of functional rail system for evacuation of cargo from the seaports to their various destinations. The Executive...
The Nigerian equities market sustained its positive trend on Thursday as investors gained N577 billion at the close of the day’s trading. This followed an increase...
The Federal Government has lifted the suspension of Arik Air’s operations. In July, the Nigerian Airspace Management Authority (NAMA) grounded Arik Air operations over its alleged...
The Central Bank of Nigeria has disclosed that capital importation and diaspora remittances have boosted the net foreign exchange flows into the country which has increased...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has again drawn attention to the issue of subsidy on petroleum products in Nigeria. The body confirmed the...
Following the reintroduction of the Retail Dutch Auction and a bid to reduce the demand pressure in the foreign exchange (FX) market and promote price discovery,...
Investors in the Nigerian equities market gained N96 billion at the close of trading on Wednesday. This followed the growth in the share prices of stocks...
The Dangote Petroleum Refinery and other domestic refineries have accused the state oil company , Nigerian National Petroleum Company Ltd (NNPCL Ltd) of not complying with...
The Central Bank of Nigeria (CBN) has approved the merger between Unity Bank and the Providus Bank Limited. The CBN’s acting Director of Corporate Communications, Hakama...
The bearish sentiment in the Nigerian equities market continued on Tuesday investors lost N371 billion at the close of the day’s trading. This followed the dip...
Amid ongoing face-off between Dangote Refinery and Nigerian oil and gas sector Regulatory agencies, concerns have emerged as international rating firm, Fitch Rating has downgraded Dangote...
Former president, Olusegun Obasanjo has said cabals in Nigeria’s oil and gas sectors will continue to frustrate the $20 billion Dangote Refinery because those “selling refined...
The Nigerian aviation industry is bracing for a potential crisis as unions warn of attendant job losses if the embargo on four Arik Air aircraft is...
The Nigerian equities market began the week with bearish sentiment as investors lost N92bn at the end of trading session. This follows a dip in the...
As Nigerians continue to battle biting fuel scarcity, the Nigerian National Petroleum Company (NNPC) Limited has launched the Utapate crude oil blend, a new crude oil...
The Minister of Agriculture and Food Security, Abubakar Kyari, said on Sunday the Federal Government resorted to importation of food items due to the lean production...
The price of Bitcoin plunged below $50,000 on Monday, reaching lows not seen in over six months. The dip in the value of the digital assets...
It was a missed results in the Nigerian equities market in the first trading for August. The bourse lost in three of the five trading sessions...
The Nigerian Communications Commission (NCC) has denied granting telecommunications companies in the country like MTN, Glo and others permission to increase tariffs. Dr. Aminu Maida, Executive...
In Nigeria, land ownership is a complex and often contentious issue. For many Nigerians, owning land is not just about having a place to call home...
Investors in Nigerian equities market enjoyed a mixed feelings trading week on the floor of the NGX following a loss of N107bn in the just ended...
The Nigerian equities market reversed several days of bearish trend as investors gained N219 billion at the close of trading on Friday. This followed the growth...
The Nigerian equities market felt the impact of the #EndBadGovernance protests on Thursday as investors lost N235 billion at the close of the day’s trading. This...
The Nigerian equities market’s bearish run continued on Wednesday as investors lost N32 billion at the close of the day’s trading. This followed the dip in...
Ahead of Thursday”s meeting of the Organization of the Petroleum Exporting Countries (OPEC), oil prices shot up early on Wednesday morning following reports on the killing...
Dr Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO) on Tuesday raised the alarm that global trade was being threatened by increased protectionism...
The Minister of Aviation and Aerospace Development, Festus Keyamo has granted the Nigerian Airspace Management Agency (NAMA) permission to ground some aircraft belonging to Airik Airline...
In a dramatic development, the Nigerian Competition and Consumer Protection Tribunal has granted the request to withdraw the case against MultiChoice Nigeria concerning a price hike...
Investors in the Nigerian equities market began the trading week with a loss of N117bn at the end of trading on Monday, July 29, 2024. This...
The Nigerian Airspace Management Agency (NAMA) has announced the suspension of its previously proposed 800% increase in navigational charges, following an intervention by Festus Keyamo, the...
The Federal Executive Council (FEC) has ordered the Nigerian National Petroleum Company (NNPC) Limited to sell crude oil to Dangote Refinery and other local refineries in...
The Nigeria Communication Commission (NCC) on Monday directed MTN Nigeria and other mobile telecommunication companies to reactivate Subscribers Identification Modules (SIMs) blocked over the National Identification...
As July inches closer to an end, investors endured a torrid time last week in the equities market. The Nigerian equities market lost in four of...
The Central Bank of Nigeria (CBN) has unveiled plans to create a dedicated office to manage dormant accounts and unclaimed balances. This was contained in a...
