All partly privatised national assets, except Gencos and Discos will be floated on the floor of the Nigerian Stock Exhange (NSE) with 20 per cent of...
Barely one week after emergence of Patience Oniha as its new boss, the Debt Management Office (DMO) has concluded plans to raise a minimum of N360...
Claims and counter claims have continued to trail the exposure on why Nigeria has remained in darkness despite availability of gas to power the system. In...
The Federal Government has assured Nigerians that the present recession ravaging the country will be over before the end of December. Nigeria has been in what...
Minority shareholders of Mobil Oil Nigeria Plc have been granted a longer period to participate in the ongoing N4.9 billion mandatory tender offer (MTO) by NIPCO...
The downtrend at the Nigerian stock market continued on Wednesday as quoted equities remained under intense sell pressure orchestrated by profit-taking transactions. With nearly three decliners...
The Federal Executive Council has approved a national gas policy aimed at reducing Nigeria’s dependence on crude oil by increasing gas exploration and facilities. According to...
The Senate has mandated its Committee on Marine Transport to investigate a N3billion fraud allegation against the Nigerian Ports Authority (NPA). The allegations were raised on...
The Guinean government has initiated a partnership that would see the country emerging as Africa’s leading exporter of pineapples to the European Union. The Delivery Unit...
The Nigerian Stock Exchange (NSE) has delisted Gombe-based Ashaka Cement Plc from its official list, shutting the door of secondary market transaction on the company’s shares....
The Nigerian National Petroleum Corporation, NNPC, says it has secured $2billion discounts in the last one year from renegotiated Upstream contracts being executed by its various...
Nigerian equities continued on the downtrend on Tuesday as investors pushed more shares to the stock market, seeking to lock in profits recorded from recent capital...
Guinness Nigeria Plc on Tuesday rounded off the pre-offer process for its planned new shares issue, indicating that the N39.7 billion rights issue may open in...
The Nigerian Communication Commission (NCC) is said to have succeeded in brokering a deal to resolve the impasse that has greeted Etisalat’s business relationship with its...
As the management team of Etisalat, led by its chief executive officer (CEO), Mr. Matthew Willsher, resigned, a fresh crisis is brewing over who takes total...
Only 55 per cent of the local airlines in Nigeria have been able to comply with the deadline on the directive for them to clear all...
After rallying a whooping gain of N2.62 trillion in the second quarter, Nigerian equities opened the third quarter with profit-taking trend as investors booked profits on...
Before July 2017 comes to an end, the Nigerian Communications Commission (NCC) would have announced successful firms to be licenced for telecoms infrastructure services, classified under...
Manufacturers are yet to accept the Central Bank of Nigeria’s (CBN) latest data projecting the real sector as having witnessed four per cent growth for three...
The market value of the investors in quoted Nigerian equities appreciated by more than N2.62 trillion in the past three months as improved fiscal and monetary...
The Federal Government has appointed Ms. Patience Oniha as the new Director General (DG) of the Debt Management Office (DMO). She replaces the former DG, Dr....
Acting President Yemi Osinbajo on Thursday launched a Voluntary Assets & Income Declaration Scheme (VAIDS). The scheme which takes off Saturday, is to encourage and provide...
The chairman of Etisalat Nigeria, Mr. Hakeem Bello Osagie, on Friday resigned his appointment with the telecommunication company. It was learnt that his resignation was with...
Head of European Union delegation to Nigeria and ECOWAS, Ambassador Michel Arrion, has revealed why the body has withdrawn its financial support for Nigeria. Speaking at...
Director General of the Debt Management Office (DMO), Dr Abraham Nwankwo, will bow out of office today (Friday) having put in 10 years in that capacity....
Nigerian equities continued on the uptrend on Thursday with investors earning N212 billion in net capital gains within the five hours of trading at the rally...
With the help of the Amnesty International, widows of four of the nine men executed by Nigeria’s military regime in 1995, have dragged Royal Dutch Shell...
The recent cyberattacks on some countries around the world may also affect shipping activities at some Nigerian ports. Shipping activities at the ports may suffer an...
Nigerian equities on Monday broke the cycle of profit-taking downtrend that had shaved off N584 billion last week as the stock market reopened to a renewed...
Unilever Nigeria Plc on Wednesday filed application with the Nigerian capital market authorities to raise about N58.86 billion by selling new ordinary shares to existing shareholders....
Nigeria’s Acting President, Yemi Osinbajo, has seemingly settled all controversies around the fate of the countries refineries. The acting president on Wednesday declared that the federal...
French Ambassador to Nigeria, Denys Gauer has lamented that some French companies willing to invest in Nigeria’s oil and gas sector were having challenges understanding its...
Findings have revealed that bank customers in Nigeria lose at least N20 million monthly to robbers and other criminals using the point of sales (POS) devices....
A controversy seems to have visited the Federal Government planned involvement of the private sector in running the Nigerian Railway services, as workers have vowed to...
Between 2012 and 2016, the volume of trade between Nigeria and Mexico rose by over 360 per cent, from $166.5 million in 2012 to $600 million...
Of all business outfits in the Apapa area of Lagos, the telecoms sector, it is feared, may suffer a staggering loss of about $1.5 billion over...
The African Export-Import Bank (Afreximbank) says it has approved a $200 million) facility for Egypt to boost Small and Medium Enterprises (SMEs) in that country. The...
The Senate has asked the Minister of Works, Housing and Power, Mr. Babatunde Fashola (SAN), to desist from spreading half-truths and deceiving Nigerians about the 2017...
Nigerian lawyer and human right activist, Festus Keyamo has dragged the Minister of State for Petroleum Resources, Ibe Kachikwu and the Attorney General of the Federation...
Nigerian equities continued on the downtrend with a loss of N190 billion on Thursday, raising the losses within the two days of declines to N500 billion....
A fresh crisis seems to be brewing in the Niger Delta region following a clamour by the youths in the area over delay in payment of...
There are allegations emanating from the National Broadcasting Commission (NBC), that a former director-general of the commission, Emeka Mba and his sympathisers still within, may be...
The Nigerian National Petroleum Corporation (NNPC) has announced that an Indonesian engineering firm, PT Intim Perkasa, will soon embark on building a refinery in the country....
There are indications that the consortium of 13 banks, which facilitated the $1.2 billion (N541 billion) loan to telecommunications firm Etisalat is suspecting fowl play in...
If the government’s promise is anything go by, relief is on the way for electricity consumers in Nigeria as Acting President Yemi Osinbajo said the Federal...
Nigerian equities rallied further on Tuesday to push the average year-to-date return at the Nigerian stock market to 27.9 per cent. For the fourth consecutive trading...
Following the planned takeover of Etisalat Nigeria, a telecommunication firm, by a consortium of banks led by Access Bank, the regulatory agency has assured Nigerians that...
The reported concession of the Port Harcourt refinery is still shrouded in uncertainty and confusion as the Presidency on Monday denied knowledge of such a process....
A consortium of banks led by Access Bank PLC have taken over the Etisalat Nigeria, one of the telecommunication company in the country. The take over...
Nigerian equities closed the first trading session for this week on Monday with a net capital gain of N112 billion as investors continued bargain-hunting across sectors...
