Amid the worsening fuel scarcity in many parts of the country, the Federal Government has pleaded with the Petroleum and Natural Gas Senior Staff Association of...
Nigerian equities suffered a major contraction during the immediate past week as investors turned round to take profits on steep rallies witnessed in the previous week....
Amidst the scarcity of fuel products in many parts of the country, especially Premium Motor Spirit (petrol) the Petroleum and Natural Gas Senior Staff Association of...
The final tranche of the Paris Club refund has been released to 27 state governments by the Federal Government while payment to the other states is...
The Nigerian Communications Commission (NCC) has revealed that it was concerned by the inability of internet users to access their leftover data after expiration date, and...
President of the Nigeria Medical Association (NMA), Mike Ogirima, has revealed that three hundred Nigerian doctors left the country in 2016 alone, adding that more doctors...
Siemens and Rotan Power have signed a memorandum of understanding (MoU) to develop and build a combined cycle power plant with a capacity of 660 megawatts...
An ad hoc committee of the House of Representatives Thursday summoned Chief Executive Officers of some telecommunications firms operating in Nigeria over alleged default in the...
Five out of 16 companies that expressed interest to acquire 9Mobile (formerly known as Etisalat), have been listed as successful bidders for the distressed telecom firm,...
Governor Ibikunle Amosun of Ogun State has said the state will soon access the capital market to raise funds to finance some major infrastructure in the...
A total of 5.30 billion ordinary shares were listed on Thursday in the name of International Breweries Plc. The additional shares arose from the scheme of...
There were more than three decliners for every advancer at the Nigerian Stock Exchange (NSE) on Thursday as increased sell pressure continued to depress the share...
A positive reversal of fortunes for the banking sector in 2017 was marked by an addition of 6,924 more staff in the third quarter, first time...
The Nigerian National Petroleum Corporation (NNPC) says it has taken delivery of two cargoes on Wednesday with 50 million litres of Premium Motor Spirit (PMS) otherwise...
Nigerian equities lost N136 billion on Wednesday as a resurgent profit-taking trend swept across the stock market. With more decliners than advancers, sell pressure within the...
After two consecutive negative trading sessions, Nigerian equities staged a modest recovery on Tuesday as investors sought for bargain stocks ahead of the 2017 year-end returns....
Investors staked N23.12 billion on 94.7 million shares of Dangote Cement Plc on Tuesday at the Nigerian Stock Exchange (NSE), as the most capitalised quoted company...
The Minister of Finance, Kemi Adeosun has revealed that her ministry will this week release N750 billion to Federal Ministries, Departments and Agencies (MDAs) from the...
Oando Plc has dragged Securities and Exchange Commission (SEC) to the Court of Appeal to challenge the technical suspension the commission imposed on its shares on...
Nigerian equities again came under sell pressure on Monday as most investors opted to take profits from recent capital gains, tilting the demand-supply balance to the...
Nigeria’s largest brewer and second most capitalised quoted company, Nigerian Breweries Plc, has appointed Mr. Jordi Borrut Bel as its new managing director. Borrut Bel, whose...
The Ministry of Science and Technology has stated that with its quiet, strategic effort towards developing local capacity for sufficient supply of raw materials and discouraging...
Almost one week after the 2018 budget passed second reading on the floor of the Senate, the upper legislative chamber is yet to release the timetable,...
Nigeria’s Digital Switch Over (DSO) process has been a subject of discussion even at the international level, principally because of its opaque nature. Ripples Nigeria gathered...
The Minister of Finance, Kemi Adeosun has described as “misleading and mischievous” media reports suggesting that the suspension of the Director-General of the Securities and Exchange...
The Federal Inland Revenue Service (FIRS) has said that it will soon start to seize and sell properties in Abuja whose owners have been evading tax...
The Federal Government, States and Local Government shared a total of N532.7 billion in October, indicating a decline of N25.3 billion compared to September figures. The...
Nigerian equities continued on the uptrend on Thursday, the seventh consecutive positive trading session in a sustained rally that had seen the average year-to-date return at...
The World Bank has said it is willing to assist Nigeria’s Power Sector Recovery Programme (PSRP) by extending a loan of $1 billion to the country...
Nigerian equities hit their highest point in the past 11 months on Wednesday as sustained rally pushed the benchmark index to another level and left investors...
Disturbing reports have emerged of an ongoing protracted dispute between corporate giants and competitors, Dangote Group and BUA Group, over a prized mining site, resulting in...
It is the best in more than three years for the Nigerian investors. Nigerian equities on Tuesday rallied to a 37-month high as average year-to-date return...
The suspension of the Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo is stirring up a lot of happenings. The House of Representatives...
The World Bank has said that about 80 million Nigerians including residents in 8000 villages across the country lacked access to electricity. World Bank Global Lead,...
Fears that the suspension of Munir Gwarzo, Director-General of the Securities and Exchange Commission (SEC), would derail the probe of Oando’s alleged grievous infractions, have been...
The 2018 Appropriation Bill has passed second reading at the 8th Senate. The Bill has been forwarded to the Committee on Appropriations and its various sub-committees...
The Senate, on Tuesday, set up an adhoc committee to investigate the local content elements and cost variations related to the Egina Oil Field Project and...
The Senate has passed the 2018-2020 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP) In the passed documents, Senate pegged the exchange rate...
After rallying net capital gain of N520 billion in November, Nigerian equities came under sell pressure induced by profit-taking in the first trading session of December,...
The Nigeria National Petroleum Corporation (NNPC) has said there are no plans to increase the price of fuel products during this yuletide season. The assurances are...
The Federal Government Sunday announced the appointment of Abdul Zubair as Acting Director-General, Securities and Exchange Commission (SEC), following the suspension of Munir Gwarzo, the commission’s...
For Nigerian investors, the Yuletide is setting on well. Nigerian equities rallied more than half a trillion Naira in 21 trading days in November as strong...
The majority foreign core investor in Seven-Up Bottling Company Plc-Affelka SA, has launched an aggressive acquisition bid to buy all outstanding shares held by minority shareholders...
The Hungarian Government has indicated interest to purchase crude oil and Liquefied Natural Gas (LNG) from Nigeria. The Hungarian Ambassador to Nigeria, Professor Gabor Ternak, who...
The Minister of Finance, Mrs. Kemi Adeosun, has said that the Federal Government due to its ongoing effort to rebalance the nation’s debt portfolio did not...
The Federal Government says already it has got $110 million out of its target of $1 billion from the tax amnesty policy. The Minister of Finance,...
The rally at the Nigerian equities market gathered momentum on Wednesday with four advancers for every decliner in a bullish market that nudged the average year-to-date...
Reports have emerged of how the Director General of the Securities and Exchange Commission (SEC), Mounir Gwarzo, and other senior members of the organization systematically abused...
Nigerian equities witnessed a major rebound on Tuesday as increased bargain-hunting left the equities with net capital gain of N88 billion. With a day-on-day average gain...
The Muhammadu Buhari administration has now devised a clear pathway to achieving its power sector reform objectives, according to Vice President Yemi Osinbajo, SAN. A statement...
