The Federal Government has revealed that it was coordinating with neighbouring countries to improve security around Nigeria’s borders in order to check the incidence of smuggling...
The rally at the Nigerian stock market gathered momentum on Thursday as investors increased buy-orders to lock in value stocks ahead of the inflow of third...
Following the damning report by the Nigeria Extractive Industries Transparency Initiative (NEITI) in July of this year, that revealed that Nigeria was only able to save...
President Muhammadu Buhari has presented Mrs Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). She is to...
Nigeria has risen two steps in the World Economic Forum’s Global Competitiveness Index (GCI) for 2017-2018. The country which was previously ranked 127th is now 125th...
United Bank for Africa (UBA) Plc on Wednesday cancelled 2.08 billion ordinary shares valued at nearly N20 billion that belonged to the bank’s Staff Share Investment...
Trading of Nigerian equities on Wednesday was mixed as investors awaited the third quarter earnings of early filers. After a sell-off that started the fourth quarter...
Following its verification of the total debt claim of N67.41bn owed electricity distribution companies (DisCos) by government Ministries, Departments and Agencies (MDAs), the Federal Government Wednesday...
In what many may regard as good news, the Rice Farmers Association of Nigeria (RIFAN) have said that rice, a popularly staple food in Nigeria, will...
Authorities at the Nigerian Stock Exchange (NSE) have suspended trading on the shares of four companies over persistent failures by the companies to operate in line...
The Senate says plans have been concluded to hand companies found culpable in its investigation into alleged N30 trillion revenue scam in the import and export...
The Minister of Finance, Kemi Adeosun, has stated that the Senate was wrong to accuse the Federal Government of abysmal funding releases for capital projects in...
After recording net capital gain of N765 billion in the third quarter, Nigerian equities ended the first trading session in the fourth quarter on Tuesday with...
The Minister of Information and Culture, Lai Mohammed, Tuesday stated that the nation’s poor state of roads was responsible for the high cost of food items...
The United States’ import of Nigeria’s crude oil increased by 32.1 per cent to 52.36 million barrels in the first half of 2017 compared to the...
Investors in fast-moving consumer goods (FMCGs) companies and banking stocks recorded above average gains in the third quarter as Nigerian equities sustained its bullish streak with...
MTN Nigeria Communications Limited and MTN International, Mauritius, have been ordered by the National Industrial Court of Nigeria (NICN), Akure Division, to within 30 days pay...
The Transmission Company of Nigeria (TCN) on Friday revealed that the nation’s electricity grid experienced a total system collapse. According to the company, the system collapse...
Nigerian equities sustained their rally on Thursday with a net capital gain of N112 billion as investors appeared to be rounding off the quarter with portfolio...
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), on Thursday arraigned the BGL Group and its top executives in an Abuja court, in further...
Ecobank Transnational Incorporated (ETI) Plc, the pan-African financial services holding company for the Ecobank group, on Thursday indicated that it plans to complete its forthcoming $400...
The Manufacturers Association of Nigeria, (MAN), has urged governments at all levels, especially at the center to be more sector specific in the execution of its...
Nigerian equities recovered from its recent losing streak on Wednesday as investors intensified bargain-hunting ahead of the third quarter earnings of quoted companies. Guaranty Trust Bank...
Lafarge Africa Plc has announced plans to raise N131.65 billion from existing shareholders through a rights issue. At the end of an extraordinary meeting by directors...
Vice President Yemi Osinbajo has lamented that tax problems of African states have remained much the same in complexity and character despite efforts by the continent’s...
The Debt Management Office on Tuesday announced that the controversial Federal Government’s N100 billion debut Sukuk offer, which closed last Friday, was oversubscribed by 5.87 per...
The 0.55 per cent Gross Domestic Product (GDP) growth rate, which pulled Nigeria out of its 15-month recession, is still fragile, the Monetary Policy Committee (MPC)...
The recent downtrend at the Nigerian equities market continued on Tuesday with a net capital loss of N141 billion as the Central Bank of Nigeria (CBN)...
Following a resolution by Nigeria’s Senate summoning the Minister of Finance, Kemi Adeosun, and her colleague, the Minister of Budget and National Planning, Udoma Udoma, over...
Ministers will soon face the Senate, to give their accounts of stewardship on the implementation of the 2017 budget. This revelation was made on Tuesday by...
Guaranty Trust Bank (GTBank) on Monday launched a bid for early redemption of its $400 million 6.0 per cent notes, more than a year ahead of...
The Nigerian Stock Exchange (NSE) has elected Mr Abimbola Ogunbanjo as the new president of its national council. Ogunbanjo was elected at the Exchange’s national council...
After rallying net capital gain of N166 billion last week, Nigerian equities opened this week with a string of profit-taking as investors sought to monetise capital...
Nigerian equities staged a major recovery last week as investors upped demand for quoted shares amidst expectations of steady corporate earnings by the end of the...
Vice President Yemi Osinbajo Saturday said the challenge of irregular power supply in Nigeria was likely to persist until Distribution Companies (DisCos) could effectively collect tariffs...
It’s unfortunate that a lot of small businesses don’t survive beyond the first few years of their existence, but this mainly happens due to a lack...
Nigeria received pleasant news Friday when the joint Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC Ministerial Monitoring Committee (JMMC) took a decision to extend...
Nigerian equities suffered a relapse on Thursday as a sell-off on Nigeria’s most capitalised company, Dangote Cement, dragged the market to a marginal loss of N7...
According to a newly released report by PricewaterhouseCoopers (PwC) consulting firm on Entertainment and Media (E&M) companies in Africa, Nigeria, which was discovered to be one...
Despite the lengthy but still fruitless search for oil in the country’s Lake Chad Basin which was suspended recently owing to the daring attack and abduction...
Nigerian equities made a comeback on Wednesday, rallying a net capital gain of N125 billion as investors deepened bargain-hunting in the high-cap stocks group. After three...
Union Bank of Nigeria (UBN) Plc on Wednesday opened application list for its N50 billion supplementary offer as the first generation bank seeks to raise new...
Africa’s richest man Aliko Dangote has advised foreign businessmen and diplomats outside Africa to make concerted effort to visit the continent and discover the changes that...
Proven expertise, efficiency and superior customer service have been advanced as reasons why Delta Line, owned by Delta State government, was handed over to one of...
Nine days after Vice President Yemi Osinbajo announced the concession of the Murtala Muhammed Airport, Lagos and the Nnamdi Azikiwe Airport, Abuja, the Federal Government has...
There were nearly two decliners for every advancer on Tuesday as Nigerian equities extended their latest streak of depreciation to the third trading session. Benchmark indices...
The National Bureau of Statistics (NBS) disclosed Tuesday that Nigeria’s total foreign and domestic debts as at June 30 stood at about $15.05 billion and N14.06...
The Securities and Exchange Commission (SEC) has banned the managing director of Partnership Investment Company Plc and Partnership Securities Limited Mr. Victor Ogiemwonyi for life from...
At least four people were killed on Monday at the Petroleum Wharf, Apapa, Lagos State, after a vessel, identified as Histria Ivory, while discharging Premium Motor...
The Central Bank of Nigeria (CBN) Monday restated its decision to sanction any Deposit Money Bank (DMB) which failed to comply with its earlier instructions to...
