Finance Minister, Kemi Adeosun, on Tuesday insisted that the Director of Securities and Exchange Commission (SEC), Munir Gwarzo, remains suspended. The minister also said that she...
The Senate, on Tuesday, instructed its standing committee on Banking to invite the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, managing directors of...
After losing N462 billion last week in the first week-on-week decline in 2018, Nigerian equities reopened on Monday with a strong rally with more than three...
President of the Senate, Bukola Saraki, Monday claimed that the Nigerian National Petroleum Corporation (NNPC) had continued to engaged in corrupt practices despite frantic efforts to...
President Muhammadu Buhari on Monday canvassed for the speedy establishment of a single, unified market in Africa to increase trade, create more jobs and reduce poverty....
The Nigerian Civil Aviation Authority (NCAA) and the National Association of Nigeria Travel Agencies (NANTA) have vowed to go after unregistered travel agencies often accused of...
The Minister of Finance, Mrs. Kemi Adeosun on Sunday announced that two senior tax officials in Delta and Benue States have been suspended following verified tips...
After three consecutive weeks of considerable rally at the Nigerian stock market, investors scrambled to monetise their gains in the immediate past week, overwhelming the underlying...
Minister of Finance Kemi Adeosun says under her watch, Nigeria has developed a buffer that helps it cope well with low oil prices. The minister said...
President Muhammadu Buharihas lamented that “it is a disgraceful thing,” no Nigerian refinery if performing up to 50%. The president, according to his Special Adviser (Media...
After several years of neglect, the Federal Government is beginning to think towards reviving the Textile and Garment industry, with the creation of Special Economic Zones...
A human rights lawyer, Festus Keyamo (SAN) has requested that the probe report of the suspended Director-General of the Securities and Exchange Commission (SEC), Munir Gwarzo...
For the fourth consecutive day, Nigerian equities continued on the downtrend as profit-taking transactions by investors seeking to monetise capital gains persisted, despite the underlying bargain-hunting...
Nigerian Breweries Plc on Wednesday listed 67.8 million ordinary shares of 50 kobo each. The supplementary shares were due to the scrip dividend scheme offered by...
Investors in May & Baker Nigeria Plc received a major boost on Wednesday with the inauguration of the board of the group’s domestic vaccine-producing company– Biovaccines...
Most transactions at the Nigerian stock market were closed on Wednesday at a discount as a scramble for exit by profit-takers continued to pressure the market...
Keystone Bank Limited has denied having in its custody any illegally hidden money belonging to the Nigerian Government, or any of its agencies. Senator Dino Melaye...
Oando Plc has announced the appointment of Alhaji Bukar Aji as a non-executive director of the company in accordance with Article 88 of the Company’s articles...
The profit-taking trend that started the Nigerian equities market on Monday worsened on Tuesday as investors increasingly sought to monetise recent capital gains. Benchmark indices at...
Vice President Yemi Osinbajo has touted reforms in Nigeria’s manufacturing sector by the Buhari administration as he woos investors at the ongoing World Economic Forum (WEF)...
The Nigerian National Petroleum Corporation (NNPC), was on Tuesday, named by Dino Melaye in a new multi-million dollar fraud scandal. According to Senator Melaye who spoke...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has decried data inconsistencies in the production and lifting of oil by Nigerian National Petroleum Corporation (NNPC), Department of...
After three weeks of consecutive capital appreciation, Nigerian equities reopened on Monday to a tinge of profit-taking as investors sought to monetise capital gains. With a...
The Federal Inland Revenue Service (FIRS) said it collected a total of N4.03tn in the 2017 fiscal period. The collection of N4.03tn according to a statement...
Oando Plc has reached a truce with one of its shareholders, Alhaji Dahiru Mangal with affirmation of Mangal’s substantial shareholding and an offer to him to...
A National Bureau of Statistics (NBS) report has revealed that about 7.5 million Nigerians have been unemployed between January 2016 and December 30, 2017. NBS stated...
Nigerian equities recorded net capital gain of N786 billion last week, building up the total net capital gain so far this year to N2.545 trillion. Benchmark...
The President of the African Development Bank (AfDB), Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty...
Ijaw Youth Council (IYC) has called on the Federal Government to urgently order Mobil to comply with a Federal High Court judgment to pay N1.430 billion...
Securities and Exchange Commission (SEC) has extended the period for the free e-dividend registration exercise till February 28, 2018 to encourage more shareholders to mandate their...
After three successive bullish trading sessions that saw equities net N712 billion in capital gains, investors in Nigerian equities turned around on Thursday to monetise the...
Samsung Electronics says Nigeria is not ideal for setting up its manufacturing plant. Sung Yoon, the Chief Executive Officer of Samsung Electronics Africa, made this known...
Governor Aminu Waziri Tambuwal has said that his administration will support the Federal Government in ensuring success of exploration activities in the Sokoto Basin. According to...
Nigerian equities continued their mouth-watering rally on Wednesday with a net capital gain of N297 billion within five hours of trading, pushing the aggregate market value...
The Federal Government has approved a new framework geared towards expanding the 33KVA and 11KVA electricity transmission lines in the country. The framework will ensure distribution...
Management of Alheri Engineering Company Limited, a subsidiary of the Dangote Group, has denied owing the Federal Government the sum of $75,500,000.00 million (about N27.18billion) over...
The Nigerian Stock Exchange (NSE) expects the strong rally that left the equities market with average gain of 42.3 per cent in 2017 to continue in...
Nigerian equities rallied net capital gain of N336 billion on Tuesday to push the year-to-date gain for the 11 trading sessions so far in 2018 to...
Inflation rate in Nigeria dropped from 15.9 per cent in November to 15.37 per cent in December according to the National Bureau of Statistics. The NBS...
Investors showed strong preference for low-priced stocks, otherwise known as penny stocks, as Nigerian equities reopened on Monday with a modest recovery amidst a tight balance...
Vice President Yemi Osinbajo will, on the invitation of Harvard University, Boston, United States, be delivering the inaugural keynote lecture at the university’s “Africa Rising” course...
Authorities at the Nigerian Stock Exchange (NSE) have started a process that will lead to voluntary delisting of the only soft-drink company quoted on the Exchange-Seven-Up...
Nigeria’s largest flour-milling company and food conglomerate, Flour Mills of Nigeria Plc will today (Monday January 15, 2015) open application list for its N39.9 billion rights...
The Minister of Finance, Mrs Kemi Adeosun, has been appointed into the Investments Committee of the United Nations Joint Staff Pension Fund (UNJSPF). The development was...
Former President Olusegun Obasanjo on Saturday said that he hopes that Nigeria may soon begin to see the change the Federal Government promised in the power...
Adegoke Adegbami, a financial management consultant currently sits as Managing Director/Chief Executive, Mainstreet Bank Microfinance Bank Limited, a subsidiary of Skye Bank Plc. In this interview...
Still engrossed in the complex process of steadying ship and heralding a new chapter anchored on finding a new buyer, 9Mobile has been hit by new...
Affelka SA, the foreign majority shareholder in Seven-Up Bottling Company (7-Up) Plc has secured the crucial vote to proceed with its acquisition of outstanding shares held...
The President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has again, for the seventh year in a row, been pronounced the richest man in...
The Minister of State for Aviation, Hadi Sirika, has disclosed the Federal Executive Council (FEC)’s approval of an independent power system for the Nnamdi Azikiwe International...
