The Nigerian equities market recovered from four consecutive bearish weeks to post N437 billion gain at the close of trading last week. The equities market gained...
The House of Representatives Public Accounts Committee (PAC) has disclosed the additional recovery of $14.2 million (N21.4 billion) from four oil firms in its ongoing probe...
President Bola Tinubu had given assent to the the Investments and Securities Act (ISA) 2025, which repeals the Investments and Securities Act No. 29 of 2007....
The Nigerian equities market recovered from four consecutive weeks of losses during the just-concluded trading week gaining N437 billion on the floor of the Nigerian Xchange...
The International Monetary Fund (IMF) has appointed Tony Elumelu, founder and group chair of Heirs Holdings, to its advisory council on entrepreneurship and growth, convened by...
Investors in the Nigerian Equities market gained N135 billion at the close of trading on Friday. This followed a surge in the share prices of stocks...
The International Monetary Fund (IMF) on Thursday urged the Nigerian government to accompany its economic stabilisation policies with targeted social welfare programmes to support the most...
The Nigerian National Petroleum Company (NNPC) Limited has announced its readiness for the capital market with an Initial Public Offer (IPO) now in the final stage....
On Thursday, the Federal High Court, Abuja, fixed May 8 for judgment in a suit filed by MultiChoice Nigeria Limited against the Federal Competition and Consumer...
Investors at the Nigerian equities market lost N31 billion at the close of trading on Thursday. This followed the dip in the share prices of stocks...
The Federal Government has suspended the implementation of annual dues imposed on public enterprises by the Financial Reporting Council (FRC). This followed opposition by industry stakeholders....
The Nigeria Customs Service (NCS) has commenced the implementation of a two-year exemption on import duty and Value Added Tax (VAT) for key pharmaceutical raw materials....
After a series of positive trading sessions earlier this week, the Nigerian equities market lost N74 billion at the close of trading on Wednesday. This followed...
The equities market sustained its bullish momentum with N26 billion profit for investors at the close of trading on Tuesday. This followed a surge in the...
The Ministry of Finance has announced a strategic collaboration with the Organisation for Economic Co-operation and Development (OECD) to curb illicit financial flows and strengthen Nigeria’s...
The equities market got off to a great start this week on Monday, March 24, 2025 as investors recorded a profit of N369 billion on the...
The Nigerian government has turned to Egypt for guidance on electricity generation and transmission, describing the North African nation as a model in energy infrastructure. The...
The Nigerian equities market continued to endure bearish sentiment during the just-concluded trading week losing N532 billion on the floor of the Nigerian Xchange (NGX). This...
Following the reduction of subscription rates by up to 38% in South Africa and the contrasting 21% price increase imposed by MultiChoice Nigeria on its DStv...
The Federal Government in collaboration with Africa Plus Partners, has officially flagged off the 125km Benin–Asaba Expressway Project in Edo State. The ambitious, dual-carriage, solar-lit superhighway...
If you have ever tried working remotely in Lagos without proper planning, you already know how fast your data subscription disappears. And let’s not even talk...
The Nigerian Exchange Limited (NGX) on Thursday lifted the suspension placed on the shares of Mutual Benefits Assurance. The NGX disclosed this in its weekly report...
The Presidential Enabling Business Environment Council (PEBEC) on Friday, responded to growing concerns from Nigeria’s manufacturing sector regarding the Financial Reporting Council of Nigeria (FRCN) Amendment...
The Nigerian equities market continues to endure bearish sentiment during the just-concluded trading week losing N532 billion on the floor of the Nigerian Xchange (NGX). Ripples...
The Nigerian government, in a paradoxical move, is reaffirming its openness to cryptocurrency firms even as it wages a legal battle against Binance, the world’s largest...
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) on Friday called for stiffer penalties for vandals wreaking havoc in the industry. The ALTON Chairman, Mr....
The Nigerian equities market rebounded from four consecutive losses to post a N66 billion gain at the close of trading on Friday. This followed a surge...
The Nigeria Data Protection Commission (NDPC) has launched a probe into the activities of TikTok and Truecaller for alleged data breaches. The move was part of...
The bearish sentiment continued for the fourth day in the Nigerian equities market on Thursday with investors shedding N35 billion at the close of business. This...
Investors in the Nigerian capital market lost N289 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks...
In a landmark effort to protect Nigeria from potential financial fraud, the Attorney-General of the Federation and Minister of Justice, Chief Lateef Fagbemi (SAN), has opted...
The recent reduction in the price of Premium Motor Spirit (PMS) popularly called petrol may be reversed as Dangote Petroleum Refinery has announced the temporary suspension...
President of the Dangote Industries Limited, Aliko Dangote, has disclosed his plan to build in Ogun State, a multi-billion-dollar Seaport, which will be the largest in...
The Nigerian stock market started the week on a negative note on Monday, March 17, 2025, as investors lost N7 billion on the trading floor of...
Nigeria’s inflation rate has shown a second consecutive month of decline in February, raising hopes for a continued moderation of price pressures. According to a report...
Investors at the Nigerian equities market lost N365 billion at the close of trading last week. The equities market recorded gains in two of the five...
The Federal Government has recovered a total debt of N28.7 billion from the duo of Seplat Production Development Limited and Chorus Energy Limited. The Spokesman of...
The Nigerian equities market losing streak continued during the just-concluded trading week as investors lost N365 billion on the trading floor of the Nigerian Xchange (NGX)....
The Asset Management Corporation of Nigeria (AMCON) has vowed to recover the N455 billion debt owed by Arik Air and its affiliate companies, despite facing what...
Maritime industry stakeholders have called on the federal government to suspend the recently implemented 15 percent tariff hike in port charges, warning that the increase threatens...
The Nigerian equities market slipped back to bearish zone on Friday with N166 billion loss for investors at the close of the day’s trading. This followed...
Renaissance Africa Energy has completed the “acquisition of the entire (100%)” equity holding in Shell Petroleum Development Company of Nigeria (SPDC) in a deal worth $2.4...
The House of Representatives on Thursday approved the Tax Reform Bill as a working document. The Speaker of the House, Tajudeen Abbas, disclosed this shortly after...
The Nigerian equities market rebounded from previous day’s losses with a modest ₦81 billion gain for investors at the close of trading on Thursday. This followed...
Justice James Omotosho of the Federal High Court, Abuja, on Wednesday, restrained the Federal Competition and Consumer Protection Commission (FCCPC) from sanctioning MultiChoice Nigeria Limited following...
The bearish sentiment persisted in the Nigerian equities market on Wednesday as investors lost ₦47 billion at the close of the day’s business. This follows a...
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised serious concerns over the adverse effects of fluctuating petrol prices on the survival of...
The Nigerian equities market slipped back to bearish territory on Tuesday, with a ₦286 billion loss for investors at the close of the day’s trading. This...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has clarified that the Naira-for-crude contract between it and Dangote Refinery is not terminated, rather, the terms are...
The Special Adviser on Policy Communication to the President, Daniel Bwala has revealed the reasons behind the recent reduction in the prices of food items in...
