Obviously working towards promises made to the Presidency, and Nigerians, to resolve the budget impasse within the shortest possible time, the House of Representatives on Wednesday...
President Muhammadu Buhari on Wednesday met with the Managing Director and Chief Operating Officer of the World Bank, Ms Sri Mulyani Indrawati at the Presidential Villa,...
Although Nigeria is the 12th largest iron ore resource country in the world and the second largest in Africa, about 70% of the deposits are yet...
Quoted equities rode on the back of resurgent bargain-hunting on Tuesday to stage a comeback to the green zone as more corporate earnings for the first...
The debate on the controversial new Petroleum Industry Bill (PIB) in the Senate failed on Tuesday, as members of the upper chamber refused to take the...
Nigeria may yet heave a sigh of relief if the projections of the World Bank is anything to go by. The Bretton Wood institution is raising...
stockoonseNigerian equities opened this week with a loss of N30 billion as investors sought to take profits from recent rally. With 22 losers to 15 gainers,...
The Securities and Exchange Commission (SEC) has urged law enforcement agencies to collaborate with the Commission in its quest to ensure zero tolerance on infractions in...
MTN has paid its former chief executive officer, Sifiso Dabengwa, $1.6 million after he resigned over a record fine imposed on the company by the federal...
President Muhammadu Buhari may have begun moves to resolve the 2016 budget impasse, as he met, on Monday, behind closed doors with a former Senate President,...
President Buhari on Sunday ordered the release of 10000 tons of wheat from the country’s strategic reserves to tame rising food prices. “President Buhari has ordered...
The Central Bank of Nigeria and the Accountant General of the Federation are in a dilemma over how to deal with the Senate request to cancel...
The Federal Government has assured creditors to state governments that the debt repayments due to the States’ creditors will be fully paid. A statement from the...
Nigerian equities rode over early disruptions caused by a technical glitch at the Nigerian Stock Exchange (NSE) to sustain a largely positive outlook last week, with...
Banks are diverting dollar sales previously allocated to licensed Bureaux De Change (BDC) operators to unlicensed BDCs or currency hawkers, investigation by Ripples Nigeria has revealed....
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, who is also the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), has...
The Nigerian National Petroleum Corporation (NNPC) said on Saturday that it has restored supply of crude oil to Warri and Kaduna refineries. The news which was...
The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has accused Imo, Zamfara and Bauchi States of diverting the bailout funds released to them by...
The Nigeria Employers Consultative Association, NECA, has decried the delay in signing and implementing the 2016 budget, lamenting that the situation is already presenting the country...
Blomberg…History is repeating itself in Nigeria, where the more President Muhammadu Buhari is urged to devalue the naira, the more he digs in his heels. Investors...
President Muhammadu Buahri on Friday said he was not interested in devaluing the naira because Nigeria did not benefit anything from such previous exercise. According to...
The dwindling revenue of the country became noticeable on Thursday as the Federal Government, states and local governments in the country shared a paltry N299.7 bn...
sNigerian equities extended their upswing to the third consecutive day on Thursday as investors increased buy orders for quoted shares. Key benchmark indices at the Nigerian...
In its quest to boost agriculture and promote commodity exchange in Nigeria, the Security and Exchange Commission, SEC, is set to roll out various initiatives to...
Following the decision of the Federal Government to deliver 1,120 trucks of fuel( approximately 36 million litres of fuel) in the country, last week, the government...
Apparently restating the obvious, the Finance Minister, Mrs Kemi Adeosun, on Thursday acknowledged that Nigeria’s revenue profile was not looking bright yet. She said that government...
The acrimony between Bayelsa State government and multinational oil companies deepened on Thursday with the governor, Henry Seriake Dickson, seeking the intervention of the Presidency on...
The Federal Government has denied that President Muhammadu Buhari signed a currency swap deal with the Chinese government during his recent trip to China. This was...
Nigeria losses an average of $250 billion annually through tax evasion/ underpayment by International Oil Companies and other multinationals, the Chairman of the Federal Inland Revenue...
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called on the Minister of State for Petroleum Resources who also doubles as Group Managing...
Concerned about the depth of fraud pension funds in the country have been subjected to by the administrators, the House of Representatives has set in motion...
The modest rally that started on Tuesday at the Nigerian stock market widened considerably on Wednesday as investors stepped up bargain-hunting for more stocks. Against the...
It was a bad day on Wednesday for one of Nigeria’s airlines, Arik Air, as its operations were disrupted by by members of several aviation unions...
Africa’s richest man, Aliko Dangote, on Tuesday categorically rejected calls in some quarters for the devaluation of Nigerian currency, Naira. Dangote told shareholders at the annual...
Sterling Bank Plc stands a good chance of closing the current business year with improved fundamentals and returns to stakeholders, the management of the bank has...
After two consecutive negative trading sessions, Nigerian equities pulled back into the green zone on Tuesday as highly capitalised back led a comeback bid for the...
The fuel scarcity situation, under which Nigerians have been groaning for some time now, may not go away soon, as it may still linger for some...
Nigeria National Petroleum Corporation (NNPC) on Tuesday invited bids for the overhaul of its ailing refineries. Efforts geared at finding partners to rejig the refineries were...
The Trade Union Congress, TUC, Tuesday, called on President Muhammadu Buhari to immediately step down as the Minister of Petroleum Resources in the face of the...
The Nigerian Stock Exchange (NSE) suffered a technical glitch on Monday as the equities market opened a new trading week with a tinge of negative sentiments....
The Managing Director of Jetvan Automobiles Limited, Mr Oluwatobi Ajayi, has said that Nigeria’s automotive industry is set for a revolution as leading road transport companies...
Ripples Nigeria has learnt that Nigeria National Petroleum Corporation (NNPC) is in a standoff with energy giants ExxonMobil and Royal Dutch Shell over ownership of physical...
The Bayelsa State government has sealed the premises of Gbaran Ubie Integrated Oil and Gas facility, a property of the Shell Petroleum Company of Nigeria Ltd....
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) on Monday, Mr. Ibe Kachikwu assured that despite...
A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on...
Nigeria’s leading road transport company, God is Good Motors, now GIGM.com, on Friday played host to scores of guests and celebrities who came to witness the...
Fifty one foreign investors repatriated profits from their investments in equities and Federal Government of Nigeria (FGN) bonds last week. The investors considered Nigeria foreign exchange...
Nigerian equities open this week on a delicate balance after losing N209 billion last week in a largely negative market situation. Market pundits were divided on...
The Federal Government has rejected the International Monetary Fund (IMF) offer to loan Nigeria money. A statement from the federal ministry of finance stated that Finance...
Senate President, Dr. Bukola Saraki has mandated the Senate Committee on Power to liaise with the Central Bank of Nigeria (CBN) and Federal Ministry of Finance...
