Following $10.13 billion allegations of illegal repatriation of funds and tax evasion against MTN Nigeria, the Nigeria Labour Congress (NLC) has urged the Economic and Financial...
As the number of internet users kept on increasing all over the world, Nigerians have continued to show interest in the country’s domain name, ng country...
In the just concluded week, the sustained sell pressures by foreign portfolio investors in their quest to exit the market for developed economies triggered bearish performance...
It is no longer news that Mrs. Kemi Adeosun resigned her appointment as Nigeria’s substantive minister of finance. Adeosun’s resignation came on the heels of controversy...
The Nigeria’s inflation rate has rebounded in August for the first time since January 2017 after recording 18 consecutive months of downward trend, according to the...
Twenty four states of the federation sold Petroleum Motor Spirit (PMS), otherwise known as petrol, at an average price of over N145 per litre in August,...
Uncertainty has beclouded the 2020 target for the commencement of single currency regime for countries within the West Africa sub-region as member countries failed to meet...
A presidential aspirant under the ruling All Progressives Congress (APC), SKC Ogbonnia, has said it would be impossible to fulfill any political promise if the problem...
The Deputy Secretary-General of the United Nations (UN), Amina Mohammed, has expressed her worry over the rising level of debt in Nigeria and other African nations....
The Federal Inland Revenue Service (FIRS) has called on authorities in local government areas to accept emblem presented to them from other parts of the country....
The bears continued to dominate activities in the equities market ahead of the 2019 general elections as the Nigerian Stock Exchange (NSE) on Wednesday extended its...
The organized labour has given the Federal Government 14-day ultimatum to enable its members finalise work aimed at reaching a definite figure for a new national...
Vice President Yemi Osinbajo has said it is no longer possible to achieve a robust growth trajectory in the country without proper attention to the Micro...
The Debt Management Office (DMO) on Tuesday said Nigerians have no reason to panic over Federal Government’s borrowing from China. It said there is no risk...
The Federal Government said states owing workers’ salaries would not have access to the remaining $2.69 billion Paris Club refund. It said such states must clear...
The Premium Bread Makers Association of Nigeria has warned that the increase in the cost of baking ingredients may soon warrant an upward review of the...
The Central Bank of Nigeria has issued new operational licenses to 366 Bureau De Change (BDC) operators between January 2018 and May 31, 2018. The development...
Following declines in the value of shares of Nestle Nigeria, Guaranty Trust Bank, Zenith Bank and other highly capitalized stocks, the trading activity on the floor...
MTN Nigeria has dragged the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation to court to seek relief over a $10.1 billion demand....
The Federal Inland Revenue Service (FIRS) said it would soon go after bank accounts of defaulting taxpayers in Nigeria who are raking in billions and are...
A presidential aspirant of the KOWA Party in the 2019 general elections, Prof. Remi Sonaiya, has said it is important for the Nigerian government to begin...
The Special Presidential Investigation Panel for the Recovery of Public Property would soon commence recovery of about seven billion dollars bailout fund it granted commercial banks...
Stanbic IBTC Ventures Limited (SIVL) said it has surrendered its operating licence as a venture capital manager. The company made the disclosure in a notification to...
India has overtaken the Netherlands as Nigeria’s major export trading partner in the second quarter of 2018, according to the National Bureau of Statistics (NBS). The...
The Executive Chairman of the Federal Inland Revenue Service, Babatunde Fowler, said the government would soon begin to sell properties owned by tax evaders in the...
The Joint Venture partners engaged to construct the 3,050 Megawatts Mambilla hydropower plant said it would commence work on the project early next year. In a...
The Central Bank of Nigeria (CBN) has debited the account of Stanbic IBTC Bank, the banking subsidiary of the Stanbic IBTC Group, for N1.886 billion regulatory...
The Nigerian Stock Exchange (NSE) is now ranked the worst performing equities market in the African continent as the Year-to-Date (YTD) return of the All-Share Index...
Nigeria’s telecommunication giant, MTN Nigeria, has lost about one million subscribers in one month, according to Nigerian Communications Commission (NCC). The latest industry statistics released by...
President Muhammadu Buhari on Wednesday asked for the support of the Chinese government to build the 3,050 Megawatts Mambilla hydroelectric power project in Taraba State. In...
French oil major, Total and the Nigerian National Petroleum Corporation (NNPC) as well as their project partners will launch Egina crude at this year’s Asia Pacific...
The Nigerian Civil Aviation Authority (NCAA) said the proposed December take off of the national carrier, Nigeria Air, was still feasible as it could still issue...
Barely two weeks after the Central Bank of Nigeria (CBN) directed MTN Nigeria Communications Limited to refund $8 billion over alleged illegal repatriation of shareholders’ dividends,...
President Muhammadu Buhari said Chinese loans to Nigeria were not “debt trap” as being purported, noting that the nation was able to repay all the loans...
The Federal Government has offered for subscription two savings bonds to investors for September 2018, the Debt Management Office (DMO) said on Tuesday. The DMO, which...
The South African economy has entered recession after contracting for two consecutive quarters in 2018, available data from Statistics South Africa showed on Tuesday. The rate...
The Federal Government has launched the Trader Moni empowerment programme, aimed at giving collateral free loans to petty traders, with 30,000 beneficiaries in Iwo, Osun State....
China has pledge a total of $60 billion financial support for projects in Africa, Chinese President, Xi Jinping, announced on Monday. The President, who made the...
The Minister of State for Petroleum, Ibe Kachikwu, has said the decline in the nation’s crude oil production may likely continue into next year. According to...
The Central Bank of Nigeria (CBN) said it has refunded a total of over N65 billion excess charges deducted from bank customers’ accounts in the last...
The Chairman of Bi-Courtney Aviation Services Limited (BASL), operator of the Murtala Muhammed Airport Two (MMA2), Wale Babalakin, said contrary to people’s view, the airport had...
The Federation Accounts Allocation Committee (FAAC) said the revenue reporting template for the Nigerian National Petroleum Corporation (NNPC) and other members of the revenue sharing committee...
Coca-Cola company on Friday said it will buy global coffee chain Costa from Whitbread for £3.9 billion ($5.1 billion). The global beverage producer made this known...
The bilateral trade between Nigeria and the United Kingdom (UK) is valued at £4.2 billion per annum, British Minister for Africa, Harriet Baldwin, has said. Baldwin...
The Statistician-General of the National Bureau of Statistics (NBS), Yemi Kale, said the Nigerian economy could be regarded as a diversified economy based on the Q2...
The Nigerian National Petroleum Corporation (NNPC) has unveiled plans to set up a bunkering subsidiary to provide refueling services to ships and other ocean-going vessels. The...
Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-oriented enterprises to manufacturing and agriculture...
MTN Nigeria has dismissed allegations by the Central Bank of Nigeria (CBN) over illegal repatriation of shareholders’ dividends amounting to $8.1 billion by the company between...
The total external debt owed by the 36 states of the federation and the Federal Capital Territory (FCT), Abuja, rose by $131.55 million within the first...
The UK Government is set to launch a £70 million programme to create 100,000 jobs in Nigeria, its Minister of State for Africa, Harriett Baldwin, has...
