The Nigerian Stock Exchange (NSE) has now replaced the full suspension slammed on Oando Plc with a technical suspension, allowing investors to trade on the shares...
Latest performance figures show that Dangote Cement continues to maintain its large share of Nigeria’s domestic cement market, accounting for 65 percent of the Nigerian market...
Ebun-Olu Adegboruwa, a lawyer, has described the order granting forfeiture of funds in accounts without Bank Verification Number (BVN) to the Federal Government as “manifestly illegal”....
Vice President Yemi Osinbajo has arrived Jakarta on a two-day working visit to the Republic of Indonesia, during which he will address the opening plenary of...
Senate committee chairman on Agriculture, Senator Abdullahi Adamu, has blamed President Muhammadu Buhari-led Federal Government, over the rising food crisis. According to him, the inability of...
The release of much-expected third quarter earnings of leading quoted companies during the week failed to lift the momentum and pricing at the Nigerian stock market,...
In an aggressive drive towards shoring up its revenue base, the Federal Government has through Nnamdi Dimgba, a judge of the Federal High Court, Abuja, secured...
A report by Budgit, a civil society organization, has revealed that only four states in Nigeria can meet their recurrent expenditure commitments, including payment of salaries,...
The National Bureau of Statistics (NBS) has revealed that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of 2017. NBS gave...
Nigeria’s President Muhammadu Buhari has called on D-8 leaders to prioritize incentives and measures aimed at increasing trade and investments among member countries. A statement released...
The Director-General of Debt Management Office, Patience Oniha, on Thursday explained how the Federal Government competes with the private sector for loans from the commercial banks....
Zenith Bank International Plc rode on the back of increased market share to grow its pre-tax profit by about 31 per cent to N152.5 billion in...
It was almost a tit-for-tat at the Nigerian stock market on Thursday as investors appeared to pause momentarily to determine the next major directional change. With...
Following Oando Plc’s suspension from the Nigerian Stock Exchange (NSE), the Johannesburg Stock Exchange (JSE) has also suspended trading in shares belonging to Oando Plc. According...
The Federal Government and state governments Thursday agreed to create a harmonized platform that will lead the renewed drive towards the industrialization of Nigeria. To this...
The World Bank Group has said that it was misquoted by the media report which claimed that it disagreed with Nigeria’s Finance Minister, Mrs. Kemi Adeosun,...
Guaranty Trust Bank (GTB) Plc, rode on the back of improvement in core banking operations to record a pre-tax profit of N150.03 billion by the end...
Nigerian equities closed in the negative for the second consecutive trading session as investors continued their sell down in a momentary period before the main inflow...
The Senate Joint Committee on Customs, Excise and Tarrifs; and Marine Transport on Tuesday claimed that no less than N140 billion was recovered from banks and...
Following a motion bothering on violations of the constitution, the House of Representatives on Wednesday resolved to set up an ad-hoc committee to probe the activities...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has directed the Nigerian Stock Exchange (NSE) to suspend trading in the shares of Oando Plc....
Nigeria’s House of Representatives has received and read on the floor of the House, a formal letter from President Muhammadu Buhari, conveying the 2018-2020 Medium-Term Expenditure...
The raising of the initial capital for the proposed Lagos Commodities & Futures Exchange (LCFE) kicked off on Tuesday in Lagos. Stockbrokers, investment bankers and other...
After three consecutive positive trading sessions, Nigerian equities came under sell pressure on Tuesday as investors turned round to unlock and monetise accrued capital gains. Benchmark...
The latest report by the National Bureau of Statistics has disclosed that inflation in Nigeria has dropped from 16.01 per cent in August to 15.98 per...
The management of Ontario Oil and Gas limited has denied any fraudulent sale of refined petroleum products, as alleged by Union Bank Plc in an ex...
United Bank for Africa (UBA) Plc showed improved performance in its latest results as the first generation commercial bank significantly grew its top-line and profit. Highlights...
After rallying N182 billion last week, Nigerian equities reopened on Monday on the upswing as increased market orders spurred the market to a net capital gain...
Despite opposition by the Peoples Democratic Party (PDP) and some other Nigerians over continued borrowing of the Muhammadu Buhari-led administration, the Minister of Finance, Mrs. Kemi...
A total sum of N173.8 billion distributable revenue was shared from the federation account to the 36 states of the country in September following deductions of...
Nigerian equities ranked within the top rank of global stock market rally in the immediate past week as improved optimism on the global economic outlook and...
Vice President Yemi Osinbajo has lamented the low levels of Africa’s trade integration, advocating for greater integration of African economies in order to foster accelerated development...
Vice President Yemi Osinbajo Friday in Asaba stated that without sustained peace in the Niger-Delta, the economic agenda of President Muhammadu Buhari’s administration will suffer significant...
Fidelity Bank Plc has concluded arrangements to buy back $255.5 million by next week in a major debt buyback of its $300 million notes, which are...
The Nigerian Electricity Regulatory Commission (NERC) on Thursday said it had slammed a fine of N50million on Ibadan Electricity Distribution Company (IBEDC) The regulatory agency explained...
The Nigerian National Petroleum Corporation (NNPC) Thursday announced that it was well on course to pursue oil exploration in Yobe State as part of its expanded...
The Federal Government Thursday hinted at a planned major review of the privatization done in the power sector soon, stating that it was to engender greater...
The minister of Agriculture, Audu Ogbe, on Thursday, sought the nod of the Senate to review the export prohibition law to enable the country export certain...
The Minister of State for Petroleum Resources, Ibe Kachikwu, and Group Managing Director, Nigerian National Petroleum Corporation, Maikanti Baru, who recently disagreed on contracts awards, on...
Among the two leading economies in Sub Saharan Africa, Nigeria’s economy would grow faster than that of South Africa in 2017, according to the International Monetary...
Low-priced stocks, otherwise known as penny stocks, were the toast of investors on Tuesday at the Nigerian Stock Exchange (NSE) as they appeared to be increasingly...
Nigerian equities were overtly in a bullish mood on Monday as the stock market reopened to increase in bargain-hunting from investors taking positions ahead of the...
Africa’s richest man, Aliko Dangote stated Monday at the ongoing Financial Times’ 4th annual Africa Summit at Claridges in London, that Nigeria could not afford to...
Nigeria’s oldest surviving indigenous bank, Wema Bank Plc, has started arrangements to undertake a capital reduction exercise to clean its balance sheet of legacy losses and...
Africa’s largest cement company and Nigerian multinational, Dangote Cement has withdrawn its bid to acquire the entire share capital of PPC Limited, South Africa’s leading cement...
As quoted companies prepare to release their third quarter results, investors appeared to be placing their higher stakes on banking and building materials stocks. A generally...
Ripples Nigeria, foremost multimedia online news platform in Nigeria, received outstanding recognition at the Pricewaterhouse Coopers (PwC) Media Excellence Award 2017 held Friday in Lagos, for...
Vice President Yemi Osinbajo will be delivering the keynote address at this year’s Africa Summit, with the theme, “What Makes Africa Work”, taking place in London,...
The Governor of Kebbi, Abubakar Bagudu, has stated that Nigeria could not have recovered from recession “early” if not for President Muhammadu Buhari’s prioritization of agriculture...
The Minister of Finance, Mrs. Kemi Adeosun on Thursday in Abuja handed over a N100 billion Sukuk bond proceed cheque to the Minister of Power, Works...
