A few days after raising the alarm on the fraudulent activities of crude oil scammers, the Nigerian National Petroleum Corporation (NNPC) has provided further insights into...
Nigerian equities reopened on Monday with a resurgent sell pressure shaving off N113 billion from market values of quoted companies. With more than three decliners to...
The Central Bank of Nigeria (CBN) has, in continuation of its naira intervention policy, injected $250m into the interbank foreign exchange market. Isaac Okorafor, Acting Director,...
One of the Big Four consulting firms, PricewaterhouseCoopers (PwC), has in a recent report laid out the external debt-associated risk to the devaluation of the naira....
President Muhammadu Buhari on Monday declared that he was pleased with the progress being made on different fronts of the economy. The president expressed his delight...
Hope that Nigeria’s economy is regaining its stability emerged Monday as the National Bureau of Statistics (NBS) reported that the inflation rate for July 2017 dropped...
The Standards Organisation of Nigeria (SON) has entered into collaboration with the European Union and Germany on a €24.5m energy efficiency project, even as it has...
The Nigerian National Petroleum Corporation (NNPC) on Sunday announced that scammers were behind about 98 per cent of all documents involved in the marketing of crude...
Nigerian equities traded in the immediate past week under a tight balance of profit-taking and bargain-hunting, but sell pressure from profit-takers tilted the market situation to...
Nigeria’s overnight lending rate dropped to 12 per cent on Friday after the earlier sharp rise by almost 100 per cent on Wednesday due to a...
The Securities and Exchange Commission (SEC) has directed all Capital Market Operators (CMOs) to update their Registration Information with the Commission. The commission in a circular...
The Nigerian National Petroleum Corporation (NNPC) has urged members of the Independent Petroleum Producers Group (IPPG) to participate in the forthcoming bid round for about 30...
After two days of consecutive rally, Nigerian equities stumbled on Thursday on the back of a resurgent profit-taking trend as investors sought to monetise capital gains...
The Federal Government Thursday said it had commenced plans to actualize the 100 per cent local fabrication of modular refineries in Nigeria and had entered into...
The Federal Government’s bond auction carried out by the Debt Management Office (DMO) Wednesday fell short of expectations as investors avoided the offers over yield drop....
The Nigerian Communications Commission (NCC) Thursday revealed that the telecommunications sector contributed N1.6 trillion to Nigeria’s Gross Domestic Product (GDP) in the second quarter of the...
Ecobank Transnational Incorporated (ETI) Plc, the parent company of Ecobank brands across Africa, recorded N389 billion in gross earnings in the first half of this year....
Nigeria’s first generation commercial banking group, United Bank for Africa (UBA) Plc has just released its audited half-year financial results for the first half of this...
A political economist and Founder of the Centre for Values in Leadership, Professor Pat Utomi, has regretted the economic recession in the country and insisted that...
Access Bank will be distributing N7.23 billion to its shareholders as interim dividend for the first half of this year after the commercial bank sustained impressive...
Nigerian equities sustained a positive overall market position on Wednesday as large-cap stocks continued to muffle wide sell pressure. With 21 decliners to 17 advancers, the...
Nigerian equities traded on the tight balance of profit-taking and bargain-hunting on Tuesday but increased demand for the most influential stocks on the market tilted the balance to...
President, Healthcare Federation of Nigeria (HFN), Clare Omatseye, Tuesday disclosed that a total of one billion dollars is lost annually to medical tourism in Nigeria, as...
Vice President Yemi Osinbajo has said that the Federal Government may opt for increasing the remuneration package of workers in the form of bonuses for select...
Due largely to sharp fall in Company Income Tax, revenue earnings accruing to the federation account from oil and non-oil sources recorded a decline of N183.26bn,...
The Nigerian Communications Commission (NCC) has revealed that Nigeria maintains an abysmal ranking in global cybercrime as it places third only behind the UK and the...
Nigeria’s Minister of Finance, Kemi Adeosun, has emerged the new Chairman of the Board of Governors of the ECOWAS Bank for Investment and Development (EBID). She...
The Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru has appealed to oil pipeline hackers to desist from such nefarious acts According...
Nigerian equities lost N26 billion on Monday as profit-taking transactions in a handful of highly capitalised stocks overshadowed otherwise broad positive sentiment across the market. With...
Vice President Yemi Osinbajo on Monday said that the Federal Government in 2016 spent N1.3 trillion on capital projects, the first time in Nigeria’s history. He...
Global firm Total is to buy the oil and gas division of the Danish group, AP Moller-Maersk in a deal worth $7.45 billion. The container shipping...
Nigerian equities were gripped by major sell pressure for the most part of the immediate past week as a scramble to monetise accrued capital gains and...
Dana group, StarComms Plc, and 12 other firms involved in an alleged revenue fraud of N30 trillion have been given till Monday to appear before the...
After three consecutive negative trading sessions, Nigeria’s largest industrial group-Dangote Group, helped to break the downtrend at the Nigerian equities market as investors sought out three...
It’s not as impossible as you might think to start a business while working a 9-5 job. There are certain ways to make it work and...
For the third consecutive trading session, Nigerian equities on Wednesday continued on the downtrend with more than three decliners to every advancer in the five-hour trading...
The downtrend that started the week at the Nigerian stock market worsened on Tuesday as continuing sell pressure overwhelmed the market and forced many transactions to...
Nigeria’s most capitalised bank, Guaranty Trust Bank (GTB) Plc, has announced that it will be paying N8.83 billion to shareholders as interim dividend after it posted...
The whistleblowing policy instituted by the Federal Government may have helped to rake in about N11.6bn in monies stolen from government while some 20 whistleblowers may...
After rallying N267 billion in the previous trading week, Nigerian equities reopened on Monday to a strong profit-taking trend as investors sought to lock in profit....
Acting President Yemi Osinbajo, says Niger State, with its rich agricultural potentials and resources should develop the capacity to feed both the country and about half...
Nigerian and other major African equities market open this week on the springboard of positive investors’ sentiment, contrary to the downtrend across several global advanced and...
Amidst protests and threats, the power distribution companies in Nigeria (DISCOs) have insisted that a nation-wide mass disconnection of high-debt electricity consumers must take effect on...
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that Nigeria can benefit from deep sea mining through...
A new dimension has been introduced to the Niger Delta crisis with hundreds of protesters keeping their promise to occupy Belema Flow Station, a major outflow facility,...
Nigerian billionaire financier and founder of Zenith Bank Plc, Mr. Jim Ovia, will receive N736.5 million as interim dividend for the first half of this year...
The consecutive rally at the Nigerian Stock Exchange (NSE) came to a halt on Thursday as investors booked profits and sought to monetise the capital gains...
Acting President Yemi Osinbajo has said that the Buhari administration had no excuse whatsoever not to achieve its economic agenda for Nigeria’s development, noting that the...
The Nigerian Communications Commission (NCC) has stopped plans by telecommunications provider, Globacom to offer free data to its subscribers on Friday, August 11, 2017. The commission...
At last Nigeria has resolved to refinance its $3 billion worth of naira-denominated short-term treasury bills with dollar-loan borrowing as from 2017 to 2020. In addition...
