In line with the Federal Government’s recent policies and drive to enhance economic growth, Keystone Bank Nigeria Limited has reiterated its commitment to support the growth...
To fast rack implemtation of the 2017 budget, the Federal Government has concluded plans to release N350 billion, as the first tranche of money for capital...
The last may not have been heard of the negative impact of the low crude oil output on Nigeria’s economy growth, as the country recorded the...
More facts have emerged on why the Federal Government has opted to rely on private firms to undertake the repair of the Apapa-Ijora Road, billed to...
The Nigerian National Petroleum Corporation (NNPC) says it has crashed the price of Automotive Gas Oil (AGO), also known as Diesel, by about 42% nationwide. The...
Nigerian equities rallied against early profit-taking trends to sustain their positive position at the weekend, bucking a global downtrend that saw most advanced and emerging global...
Although the Central Bank of Nigeria (CBN) is yet to formally lift the ban on commercial banks going for dollar denominated loans, some of the banks...
“Only about 14 million active tax payers (20 per cent) of an estimated 70 million economically active corporate bodies and individuals pay tax annually in Nigeria....
Stakeholders in the liquified gas sector have remained worried that Nigeria was not mentioned among countries with good market prospect for their liquified natural gas (LNG)...
The Federal Government has employed the services of a global investigation agency to help trace illicit funds from Nigeria to other countries of the world. The...
At last, a Nigerian oil firm, Oranto Petroleum International, has scaled through all hurdles placed before it in a bid to have noticable impact in the...
Barely 48 hours of the Central Bank of Nigeria (CBN) mopping up excess currency in circulation in Nigeria, with sale of N133.24 billion in Treasury Bills,...
The Security and Exchange Commission (SEC), on Thursday, presented three draft bills to the Senate, aimed at enhancing the operations of the capital market and reposition...
The unsettled $1.3 billion debt, which Etisalat Nigeria is owing a consortium of banks, led by Access Bank, is said to be compelling Mubadala, the major...
The Federal Government has revealed plans to hire 7,500 graduates as it targets to increase the number of taxpayers in the country in the next two...
Nigerian equities continued on the uptrend on Thursday as investors responded positively to further improvement in the macroeconomic environment. The National Bureau of Statistics (NBS) on...
As part of its efforts aimed at impressing the aviation inspection team from the International Civil Aviation Organisation (ICAO), the management of the Nigerian Airspace Management...
Inflation in Nigeria maintained a downward trend between April and May 2017, having recorded 16.25 per cent in May, compared with 17.24 per cent it posted...
Nigeria’s oldest surviving and largest conglomerate, UAC of Nigeria (UACN) Plc on Wednesday secured the crucial approval of its shareholders to raise N15.4 billion in new...
Nigerian equities rebounded on Wednesday as investors stepped up the momentum of bargain-hunting at the Nigerian Stock Exchange (NSE). After two rounds of profit-taking on Monday...
Despite Fitch Ratings according Nigeria a B+ rating, mainly based on currency repatriation from Nigerians in diaspora, it says the country still records negative outlook on...
Nigeria failed to improve on its Value Added Tax (VAT) revenue in the first quarter of 2017 as it recorded N204.77 billion, 1.5 per cent lower...
The running profit-taking trend that started this week at the Nigerian stock market widened on Tuesday, depressing the overall market performance for the second consecutive trading...
Unless an urgent solution is found to high interest regime in Nigeria, business enterprises and investors’ zeal in the country would soon die off. This is...
After three consecutive positive trading sessions that left equities with N659 billion net capital gain last week, investors returned to the Nigerian stock market on Monday...
Acting President Yemi Osinbajo on Monday signed the 2017 Appropriation Bill into law. The acting president upon his return from a trip to Anambra State, was...
Consumers of cooking gas in Nigeria may have to brace up to accommodate a possible rise in price of the commodity, as dealers may have concluded...
Despite sinking more than N2 billion to upgrade the Kaduna International Airport (KIA), only about 35 per cent of flights are being attracted to it since...
Nigerian equities rallied a net capital gain of N659 billion last week as improving investors’ appetite continued to sustain upward revaluation of hitherto undervalued shares at...
Barely two days after an executive order was issued by Acting President Yemi Osinbajo for the management of Nigerian Ports Autourty to dislodge some government agencies...
Nigeria workers may soon be smiling home as the Federal Government has paid the sum of N516.38billion to states as refunds on over-deductions for external debt...
Nigerian equities continued on the upswing on Thursday as investors continued to show strong appetite for equities across several sectors. Benchmark indices at the Nigerian Stock...
Nigeria spent a total of N4.74 trillion to import 20 million metric tonnes of fueI in 2016, representing approximately 30 per cent of the Central Bank...
The Senate, on Thursday, dumped its controversial National Roads Funds Bill, which many Nigerians said would lead to an increase of fuel pump price from N145...
Senate President, Bukola Saraki, has decried the failure of dairy companies in the country to produce milk locally for their operations, warning that the situation where...
World largest brewer, Anheuser-Busch InBev has initiated plans to merge its Nigerian businesses as it braces to challenge the dominance of Heineken’s Nigerian Breweries and Diageo’s...
Shareholders of Lafarge Africa Plc on Wednesday approved a proposal to raise N140 billion in new capital for the cement group. The new capital raising will...
A day after halting its nine-day rally, Nigerian equities on Wednesday regained the uptrend as leading stocks in the manufacturing and oil and gas sectors rallied...
What looks like a relief for the Nigerian economy has emerged, with the Royal Dutch Shell announcing that it has lifted force majeure on exports of...
Senate President, Dr. Bukola Saraki, has condemned the high rate of smuggling of rice and poultry products into the country and described the practice as “economic...
Apparently worried by the economic costs of non signing of the 2017 Budget into law yet, the Federal Governrnt said it has begun the process of...
After a successive rally in the past nine days, Nigerian equities suffered a reversal on Tuesday as investors turned to take profit on Dangote Cement Plc,...
Acting President Yemi Osinbajo, on Tuesday, sought the approval of the National Assembly for $1,492, 400,000.00 loan for 10 states. The loan is part of the...
The Senate, on Tuesday, came hard on commercial banks in the country and the Central Bank of Nigeria (CBN), accusing them of strangulating Small and Medium...
The Senate, on Tuesday, instructed its joint committees on Communications and Trade & Investment to investigate increasing rate of dropped calls and other unwholesome practices by...
About 4.08 million Nigerians were either thrown into the unemployment market, or were underemployed in 2016, according to a report by the Nigerian Bureau of Statistics...
Nigerian equities opened this week with a stronger momentum as investors continued to scramble for quoted shares. After gaining N797 billion last week, equities opened this...
Nigeria’s House of Representatives has invited present and immediate past finance ministers, Mrs Kemi Adeosun, and Ngozi Okonjo-Iweala respectively, to appear before it over alleged abuse...
Nigeria’s total debt rose to N19.2 trillion naira as of March 2017, from N17 trillion, as at the end of 2016, so said the Debt Management...
Fresh fear has gripped Nigerian policy makers following reports that the United States twin-policy of Green Energy technology and emphasis on consumption of more of shale...
