The Minister of Power, Works and Housing, Babatunde Fashola, Thursday said the Federal Government was set to involve more Nigerian firms in meter manufacturing. Fashola spoke...
The Secretary to the Government of the Federation (SGF),Boss Mustapha, Thursday hinted that the Federal Government may not fully implement the 2018 budget if the National...
The Federal Government has picked holes in the recently released third quarter report of the National Bureau of Statistics (NBS), indicating that over four million jobs...
Shareholders of Seven-Up Bottling Company Plc will today Thursday January 11, vote on a bid by Affelka SA, the foreign majority core investor in Seven-Up Bottling...
Investors in Nigerian equities have netted N1.27 trillion as capital gains over the past seven trading sessions as bargain-hunters turned the stock market to almost an...
No less than 254 companies bidding for Nigeria’s crude oil purchase and lifting contract for the period 2018/2019 were on Tuesday unveiled by the Nigerian National...
The World Bank’s January 2018 Global Economic Prospect report launched on Tuesday in Washington DC, has predicted 2.5 per cent economic growth for Nigeria in 2018....
Investors in Nigerian equities have so far this year earned N755 billion as net capital gains as impressive performance in 2017 and expectations on impending corporate...
Nigerian equities staged their biggest rally so far this year on Monday as widespread bargain-hunting lifted equities’ capitalisation by N330 billion to a new threshold of...
The Technical Committee on Nigeria Yam Export Programme has revealed that Nigeria would be exporting five containers of yam monthly to the United States based on...
Nigeria’s foreign reserves have risen to $40.4 billion, the highest level dating back to October 2014. The figure represents an increase of about $1 billion between...
The Nigerian National Petroleum Corporation (NNPC) says the Escravos-Lagos Pipeline (ELP), which got burnt by fire, disrupting power supply, has been fixed. Ndu Ughamadu, spokesman of...
Nigerian equities rallied net capital gain of N242 billion in the first trading week of 2018, setting a positive course that built on the significant recovery...
Following issues of pricing concerns surrounding the actual cost of a litre of Premium Motor Spirit (PMS) also called petrol, the Federal Government has said that...
Fitch rating agency on Thursday noted that profits of Nigerian Banks may drop in 2018 owing to reduced borrowing from government in form of Treasury Bills....
There was a mild drama earlier today, when three persons introduced themselves as national presidents of the Independent Marketers Petroleum Association of Nigeria (IPMAN). The trio...
Investors appeared to have turned to low-priced stocks, otherwise known as penny stocks, as bargain-hunters seek to build strong lead in low-priced value stocks with potential...
After netting N4.36 trillion in 2017, Nigerian equities reopened on Tuesday for the 2018 trading session on a positive note with more than two advancers for...
Oil marketers say it is no longer sustainable to sell petrol at the rate of N145 per litre, citing hurricane in the US and the stoppage...
President Muhammadu Buhari will on Thursday, commission Nigeria’s first inland dry port in Kakuri, Kaduna State. The President will also commission 10 new coaches and 2...
There has been a new twist to the saga involving Innocent Chukwuma, CEO of Innoson Nigeria Limited, Guaranty Trust Bank, and the Economic and Financial Crimes...
The Nigerian National Petroleum Corporation (NNPC) claims it has successfully cleared petrol queues in Abuja and Lagos and has moved to increase truck-outs to other states...
For investors in Nigerian equities, 2017 is a year to remember. Nigerian equities closed the year with average year-to-date return of 42.30 per cent, equivalent to...
The Nigerian National Petroleum Corporation (NNPC) has disclosed that President Muhammadu Buhari directed it to subsidise the pump price of petrol for Nigerians, a revelation that...
Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), says petrol scarcity which he maintained was the result of “rumoured price increase” has...
The Economic Community of West African States (ECOWAS) has announced plans for sub-regional development projects worth 29.66 billion dollars from 2018 to 2022. President of the...
The Depot and Petroleum Products Marketers Association (DAPPMA) Thursday refuted the claim by the Nigerian National Petroleum Corporation (NNPC) that its members owed the oil firm...
With the ongoing fuel crisis and the untold hardship it is presently unleashing on Nigerians, President of the Senate, Bukola Saraki, on Thursday, directed the Senate...
The Nigerian National Petroleum Corporation (NNPC) has hit back at the Depot and Petroleum Products Marketers Association (DAPPMA), saying its members got “appreciable volume” of petroleum...
The National President, Rice Farmers Association, Aminu Goronyo, Wednesday in Abuja promised Nigerians that the price of a 50kg bag of locally produced rice would crash from...
Fuel marketers under the aegis of Depot and Petroleum Products Marketers Association (DAPPMA) have said that its members do not have the PMS (petrol) the Nigerian...
Vice President Yemi Osinbajo on Monday accepted that there is payment of subsidy on imported petrol. He however explained that it is paid for by the...
Nigerian National Petroleum Corporation (NNPC) Managing Director, Maikanti Baru, has said that petrol is still being sold at a subsidized rate of N26 per litre. Baru...
The Transmission Company of Nigeria (TCN) Sunday disclosed that Nigeria recorded new national peak with the transmission of 5,222.3 Mega Watts (MW) of electricity into the...
Following his release on bail after being picked up in Enugu by the Economic and Financial Crimes Commission (EFCC), the commission has now filed a four-count...
Contrary to beliefs in some quarters, Small And Medium Scale Enterprises (SMEs) are the catalysts of economic growth and not Direct Foreign Investments. This is the...
President Muhammadu Buhari on Saturday night summoned the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru to Aso Villa, Abuja over the...
The National Bureau of Statistics (NBS) Friday released its“Unemployment and Under Employment Report from 1st quarter to third quarter 2017’’ in Abuja. The NBS revealed that...
The International Monetary Fund (IMF) has commented on the state of Nigeria’s economy, noting that despite exiting recession, the country’s economy remained vulnerable. While welcoming actions...
The Department of Petroleum Resources (DPR) on Friday said that the real cause of the enduring fuel scarcity across the country was what it termed “administrative...
The reported saga between the Guarantee Trust Bank (GTB) and the chairman/managing director of Innoson Motors, Dr. Innocent Chukwuma is rubbing off negatively on the bank....
The Nigerian National Petroleum Corporation (NNPC) has claimed that marketers should be blamed for the continuing scarcity of Premium Motor Spirit (PMS) also known as petrol...
Nigeria’s highest-priced stock-Nestle Nigeria, rose to all-time high of N1,495 on Wednesday as the food and beverage firm led the equities market to break a two-day...
Nigerian equities remained under sell pressure on Tuesday, continuing a downtrend that pared the average year-to-date return to 40.59 per cent. With nearly two decliners to...
The Organized Private Sector in Nigeria, (OPSN), an umbrella organization of the Manufacturers Association of Nigeria (MAN), Nigeria Employers’ Consultative Association (NECA), Nigeria Association of Chambers...
As the ‘war’ between the corporate giants over the rights to a disputed mining site in Edo State continues, the management of BUA Group has accused...
Nigerian equities traded on Monday on a tight balance of bargain-hunting and profit-taking but a considerable decline in the share price of Dangote Cement Plc weighed...
The planned strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has been called off. The strike action which many Nigerians regarded...
Barely a week after crossing a N23.12 billion shares deal, Dangote Cement was again on Monday, a subject of a cross deal for partial divestment valued...
Management of Dangote Group over the weekend accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a...
