The Nigerian National Petroleum Company Limited (NNPCL) has blamed the latest crisis in fuel supply and distribution across the country on a problem associated with the...
Investors in Nigerian equities market enjoyed a trading week to forget on the floor of the NGX following a loss of N1.32tr in the just ended...
The Central Bank of Nigeria (CBN) has intervened in the foreign exchange market, injecting a sum of $148 million into the system. This move comes amidst...
Oando Plc has vehemently denied claims circulating on social and digital media platforms that it owns a blending plant in Malta. The energy conglomerate has also...
Have you ever thought about buying a house or apartment that hasn’t been built yet? This is called buying “off-plan” property. In Nigeria, more and more...
Guinness Nigeria Plc has reported a N54.7 billion loss for the financial year ended June 30, 2024. This was N36.5 billion higher than the N18.1 billion...
Investors in the Nigerian equities market lost N1.1 trillion at the close of trading on Friday. This followed the dip in the share prices of stocks...
For the third day running, investors in the Nigerian equities market lost N117 billion at the end of trading on Thursday. This followed a crash in...
No fewer than 100,00 companies will soon be deleted by the Corporate Affairs Commission (CAC) for not filing their annual reports in 10 years from its...
In a development that has further worsened the economic conditions of Nigerians, the prices of staple food items like beans, yam, tomatoes, potatoes and others have...
The Nigerian Exchange Limited (NGX) has disclosed that a total of N2.60 trillion worth of domestic and foreign investments were recorded between January and June 2024....
For the second day running, investors in the Nigerian equities market lost N68 billion at the close of trading on Wednesday. This followed the dip in...
Investors in the Nigerian equities market lost N46 billion at the close of trading on Tuesday. This followed the dip in the share prices of stocks...
The Federal Competition and Consumer Protection Commission (FCCPC) has fined the United States-based social media platforms, Meta and WhatsApp $220 million for discriminatory practices and other...
In a move aimed at curbing rising inflation, the Central Bank of Nigeria (CBN) has raised its benchmark interest rate, the Monetary Policy Rate (MPR), to...
The Federal Government has reiterated its tough stance on financial institutions failing to comply with the windfall tax on foreign exchange profits made in 2023. This...
The Minister of State Petroleum Resources [Oil] Heineken Lokpobiri has waded into the ongoing face-off between the Chairman and CEO of Dangote Group, Aliko Dangote and...
The equities market began the week on a positive note on Monday, July 22, 2024 as investors gained N16bn at the end of trading session. This...
The House of Representatives joint committee on petroleum resources (downstream and midstream) has placed a gag order on Alhaji Aliko Dangote, the Chairman of Dangote Refinery...
Ahead of Tuesday’s Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN), the Centre for the Promotion of Private Enterprise (CPPE) has asked...
The Labour Party presidential candidate in the 2023 election, Peter Obi, on Monday called for urgent action to prevent further collapse of the country’s country. He...
Investors enjoyed a positive run last week following strong performances from stocks like Airtel Africa Access Corp UCAP, and NAHCO amongst others. The Nigerian equities market...
Aliko Dangote, chairman of Dangote Industries Limited has revealed that he will no longer invest in Nigeria’s steel industry following accusations of monopoly in some quarters....
Aliko Dangote, owner of the Dangote Refinery and Petrochemical Plant has debunked claims by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on the quality...
Buying a home is one of the biggest decisions you’ll make in your life. In Nigeria, where the real estate market can be tricky, it’s important...
Investors in Nigerian equities market enjoyed a bullish run on the floor of the NGX following a profit making of N320.84bn in the just ended trading...
President Bola Tinubu said on Friday his administration would make Nigeria a global investment destination. The president, according to a statement on issued by his Special...
The Nigerian equities market ended the week’s trading with a N20 billion gain for investors on Friday. This followed an increase in the share prices of...
The Central Bank of Nigeria (CBN) has issued a fresh directive to banks and financial institutions operating in Nigeria about dormant accounts. In the new directives,...
In a bid to meet the demand for foreign exchange transactions, the Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to...
In a damning verdict, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has described the quality of petroleum products from the Dangote Refinery, as well...
The Nigerian equities market rebounded from previous losses on Thursday with investors gaining N262 billion at the close of the trading. This followed an increase in...
The Nigerian Exchange Limited (NGX) has delisted the shares of Niger Insurance Plc and two other companies from its platform for non-compliance with standards. The other...
The United Kingdom (UK) has appointed Mark Smithson as the country director for the UK’s department for business and trade (DBT) in Nigeria. This was disclosed...
The management of Dangote Industries Limited (DIL) has refused to back down over claims that International Oil Companies (IOCs) are frustrating its quest to purchase crude...
Investors in the Nigerian equities market lost N24 billion at the close of trading on Wednesday. This followed the dip in the share prices of RT...
The Financial Reporting Council (FRC) and the Ministry of Finance Incorporated (MOFI) identified how President Bola Tinubu can achieve its $1 trillion economic projection. They identified...
The three tiers of government on Tuesday shared the sum of N1.35 trillion as revenue allocation for June. The figure was N150 million higher than the...
Investors in the Nigerian capital market gained N62 billion at the close of trading on Tuesday. This followed an increase in the share prices of stocks...
The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projection by 0.2 percentage point amid weaker than expected activity in the first quarter of...
The equities market got off to a positive start on Monday July 15, 2024 as investors gained N172bn at the end of the trading session. This...
The Nigerian National Petroleum Company Limited (NNPCL) said on Monday it has not increased its earlier investment in the 650,000 barrels per day Dangote Refinery for...
Airtel Africa, WAPCO, Dangote Sugar and PRESCO topped the list of stocks to watch this week as investors battle to recover from a bruising trading session...
Akinwunmi Adesina, President of the African Development Bank (AfDB) has slammed the decision of the federal government to import food, describing it as depressing. Adesina’s criticism...
In a significant development for Nigeria’s energy sector, Aliko Dangote, CEO of Dangote Refinery, announced on Sunday that the Nigerian National Petroleum Corporation (NNPC) has seen...
It was yet another week to forget for investors in the Nigerian equities market following a cumulative loss of N139.89bn in the just ended trading week....
The equities market reversed four days of consecutive losses this week with investors posting a N172 billion gain at the close of trading on Friday. This...
The Central Bank of Nigeria (CBN) has sold $122.67 million to 46 authorised Bureau De Change (BDC) dealers in the country. This was in line with...
Justice Emeka Nwite of the Federal High Court, Abuja, has fixed October 11 for ruling in the trial of the popular cryptocurrency platform, Binance Holdings Limited,...
The Nigerian Exchange Group (NGX Group) has unveiled NGX Invest, a digital platform designed to streamline Public Offerings and Rights Issues in the capital market. This...
