The Senate on Wednesday lambasted the Minister of Power, Works and Housing, Babatunde Fashola (SAN), for allegedly spending $35 million out of the $350 million domiciled...
The Minister of Power, Works and Housing, Babatunde Fashola, Wednesday revealed that the Federal Government had signed financial agreement for the execution of the Lagos-Abidjan highway...
The World Bank has praised the President Muhammadu Buhari-led administration for its determined leadership in pursuing economic reforms that led to the country’s improved rankings on...
The Senate has indicted the Central Bank of Nigeria (CBN) for regulatory failure in the alleged illegal repatriation of $13.9 billion by telecommunications company, MTN. Adopting...
Nigerian equities on Tuesday rode on the back of increased bargain-hunting to recover from initial downtrend that started the week. Benchmark indices at the Nigerian Stock...
The Minister of Finance, Kemi Adeosun, Tuesday stated that tax declarations of Nigerians who have been listed in the Paradise Papers would have their prior tax...
Lafarge Africa Plc has received the crucial shareholders’ approval to further consolidate its operations by absorbing two of its wholly-owned subsidiaries- Atlas Cement and United Cement...
Nigerian equities opened with a tinge of bearishness on Monday as losses by a handful of highly capitalised stocks dragged the market to a negative close....
Vice President Yemi Osinbajo has stated that leaders in the country must never forget the lessons from the recently-exited recession, ensuring that the bad decisions that...
Nigerian equities sustained a largely bullish performance during the immediate past week, leaving investors with net capital gains of N165 billion at the weekend. Benchmark indices...
As the expiration of the November 3 deadline for all account holders to obtain Bank Verification Numbers (BVN) ended on Friday, compilation of accounts without BVN...
The Minister of Labour and Employment, Chris Ngige, has claimed that President Muhammadu Buhari’s administration has created millions of jobs since coming to power in 2015,...
Some members of the House of Representatives Thursday protested President Muhammadu Buhari’s request to present the 2018 budget to a joint session of the National Assembly....
After three consecutive positive trading sessions, sell pressure within the large-cap stocks group forced the overall market position to the negative on Thursday at the Nigerian...
AXA Mansard Insurance Plc has reached agreement with a consortium of international financiers and domestic investors to invest about N28 billion in the development of three...
Vice President Yemi Osinbajo Thursday said Nigeria must use its oil wealth to prepare for a future world without oil. Osinbajo stated this at the 55th...
About eight months after the Federal Government and labour unions agreed on the setting up of a minimum wage review committee to determine a new minimum...
Hilton and Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc) on Thursday announced the signing of a 20-year extension to the...
Lafarge Africa Plc, plans to source about N132 billion in a new capital raising aimed at reducing the indebtedness of the cement group and free more...
Angered by the continued failures of the governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, and the Group Managing Director of the Nigerian...
For the third consecutive trading session, Nigerian equities on Wednesday continued on the upswing as investors sought to take positions in bargain-stocks in early trades for...
Following reports that the African Development Bank (AfDB) had decided against moving forward with its direct budget-support loan to Nigeria because of her failure to meet...
Senate President Bukola Saraki on Tuesday night said that the National Assembly is ready and waiting for President Muhammadu Buhari to present the 2018 Appropriation Bill...
The Minister of Finance, Kemi Adeosun on Tuesday disclosed that the Federation Account recorded a total revenue inflow of N797.51 billion from Value Added Tax between...
The consideration of the 2017 budget of the National Agency for Food and Drug Administration and Control (NAFDAC) was on Tuesday stopped by the House of...
Nigerian equities opened this week with a tinge of bullishness as rallies within the highly capitalised stocks counterbalanced profit-taking transactions to leave the market with overall...
In efforts to boost Nigeria’s economy, Emir of Kano, Sanusi Lamido Sanusi, on Monday launched an Islamic insurance company, ‘Jaiz Takaful Insurance’, the first of its...
By evening Tuesday, any quoted company that has not submitted its financial statements for the third quarter risks fines that range from N100,000 to more than...
The Federal Government Monday revealed that from 2019, the country would begin tracking Nigeria’s crude oil and would be able to account for every quantity of...
By Philip Obin Why I don’t do money doubling business and only invest and work hard to earn money! Any internet investment scheme promising you more...
Vice President Yemi Osinbajo restated Nigeria’s commitment to the promotion of transparency in its extractive sector during a bilateral meeting with the Chairman of the Extractive...
Nigerian equities traded on a tight balance of bargain-hunting and profit-taking during the immediate past week as third quarter earnings of most active quoted companies showed...
The Nigerian Communications Commission (NCC) says it has introduced new regulation to check rampant SIM swap fraud, especially regarding cases involving customers’ bank accounts. The commission...
Vice President Yemi Osinbajo has stated that the President Muhammadu administration was working assiduously to inculcate in government officials, an attitude welcoming to private sector investment...
The Insurance Industry in Nigeria is set to embrace a deliberate attempt at measuring and evaluating the effectiveness of its public relations and other related communications...
The board of directors of Nigerian Breweries Plc has recommended distribution of N7.9 billion as interim dividend to the shareholders of the company. Shareholders will receive...
After two positive consecutive trading sessions, Nigerians equities came under sell pressure on Thursday as investors turned round to take profit. With 27 decliners to 19...
The Nigerian National Petroleum Corporation (NNPC) has revealed plans to undertake oil exploration activities in Nasarawa State as part of a presidential mandate to resume oil...
Mobil Producing Nigeria Limited (MPN), one of the largest oil producers in Nigeria and operator of the Nigerian National Petroleum Corporation (NNPC)/MPN joint venture, Thursday announced...
Oando has gone on full offer, with more than 13 million shares of the company dumped by anxious investors at the Nigerian Stock Exchange (NSE) on...
Nigerian equities continued on the upswing for the second consecutive trading session on Wednesday as investors showed increasingly positive sentiment to emerging third quarter earnings. Most...
The Minister of Finance, Kemi Adeosun, in an apparent attempt to defend the government’s widely criticised excessive borrowing, has stated that the latest controversial loan request...
Nigeria’s Gross Domestic Product (GDP) contracted in the third and fourth quarters of 2016, the National Bureau of Statistics (NBS) revealed on Tuesday. In a report...
Chairman of the United Bank for Africa (UBA) Mr Tony Elumelu has cited entrepreneurship and gender equality as two critical areas that need urgent attention to...
Oando Plc has secured a court order restraining Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), from going ahead with its announced forensic audit...
The ad hoc committee of the House of Representatives investigating alleged revenue leakages in the Department of Petroleum Resources (DPR) Tuesday issued a one-week ultimatum to...
The Senate, on Tuesday, warned that about 4,000 jobs may be lost, unless the relevant government agencies move in immediately to salvage the ripple effects from...
Nigerian President, Muhammadu Buhari, has warned leaders of the Economic Community of West African States that caution must be taken in the sub-region’s push to have...
There are reports that sixteen firms, including telecommunications giants, MTN and Airtel, are jostling to acquire 9mobile, Nigeria’s fourth largest telecommunications outfit, launching competitive bids. Recall...
Shocking revelations emerged Monday that many of the revenue-generating agencies of the Federal Government had shortchanged it to the tune of N1.7 trillion. This happened through...
