The dust raised by the report of the Auditor-General of the Federation to the National Assembly on the indebtedness of the Nigerian National Petroleum Corporation, NNPC,...
Wema Bank Plc grew its top-line but its profit declined marginally in 2015. Earnings per share was almost flat at 6.0 kobo. The board of the...
The Nigerian equities witnessed widespread selling pressure in the first trading session of the week but gains by the major stocks in the cement and banking...
Senate President, Bukola Saraki, has indicated that a new version of the Petroleum Industry Bill, PIB, is set to be re-presented in the National Assembly, next...
President Muhammadu Buhari on Monday opened a 2-day National Economic Council (NEC) retreat in Abuja. The president in his keynote address stated that decisions reached at...
The inaugural National Assembly Business Environment Roundtable (NASSBER) will hold today (Monday) in Abuja with key stakeholders drawn from the executive, legislature and the private sector...
The Nigerian Stock Exchange (NSE) will place Vono Products Plc on full suspension as from today, Monday, March 21, kick-starting the delisting process for one of...
Nigerian equities failed to respond positively to corporate earnings reports and dividend recommendations released last week as investors weighed investment options in the light of this...
National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has said that the current model upon which the Nigerian economy is based is no...
The Nigeria Copyright Commission, NCC, on Saturday impounded illegal broadcast and transmission devices valued at about N3.5 million in Enugu, after disconnecting the devices that were...
Nigeria’s credit rating took a nose-dive Friday when Standard & Poor’s (S&P) revised the country’s sovereign credit outlook down to negative from stable. Its rating before...
The Lagos State government has recorded over N5 billion foreign direct investment (FDI) in the first quarter of 2016, Dr. Yakub Olajide Bashorun, Permanent Secretary, Office...
The Federal Ministry of Finance on Friday confirmed the indefinite suspension of the Executive Secretary/Director General of The Pension Transitional Arrangement Directorate (PTAD), Mrs. Nellie Mayshak...
The National Bureau for statistics says Nigerian exports fell 40.3 percent in 2015. There are heightened fears that the figures for 2016 may not fair better...
Oil prices, Friday, rose above the bench mark for Nigeria’s 2016 budget by $4.29, as prives rose for the third straight days. The latest price upward...
Nigeria is set to negotiate 30% increase in oil swap deals to stave off scarcity of petroleum products as it grapples with the worst economic crisis...
It is not all gloom for the Nigerian economy, as PricewaterhouseCoopers (PwC) has predicted that it can be among the top 10 world economies by 2050....
Shareholders of Access bank Plc would receive a total of N15.9 billion as cash dividend for the 2015 business year as the commercial bank braced the...
After three consecutive negative closing positions, leading quoted equities rallied the stock market on Thursday to a marginal gain in spite of widespread selling pressure. With...
El-Rufai, governor of Kaduna state said Thursday that Aliko Dangote, has teamed up with his administration and that of Kebbi state to bid for a majority...
In a sharp reaction, the Nigerian National Petroleum Corporation, NNPC, Wednesday said it did not fail to remit N3.325tn to the Federation Account. It however admitted...
The Federal Government on Wednesday said plans are on to tackle the shortage of electricity in the country by generating 4,000 megawatts of electricity using nuclear...
In spite of government’s efforts to diversify the nation’s economy from crude oil based, non-oil exports dropped by a whopping 58 per cent losing $6.14 billion...
The downtrend at the Nigerian stock market entered the third consecutive day on Wednesday as market forces failed again to respond to the stimulus of a...
Nestle Nigeria Plc, has announced a total dividend of N22.99 billion for the 2015 business year as the food and beverage giant muscled operating challenges to...
The Nigerian Communications Commission (NCC) on Wednesday said it has lifted the regulatory services ban placed on MTN Nigeria. This, the regulatory agency said is based...
THE DG, Asset Management Corporation of Nigeria, AMCON, Ahmed Kuru, Wednesday said that the company had a debt portfolio of N6.6trn. He admitted this before...
The federal government on Wednesday revealed that it will unveil a new national Aviation policy for the country within the next two weeks. This was made...
The federal government (FG) spent an average of N7 billion on travels each month for the period 2012 to 2014 making it the largest single expenditure...
Ecobank Transnational Incorporated (ETI), the Lome-based parent company of the Ecobank Group, has alerted investors that it expects to report materially lower profit for the year...
Nigeria’s second most capitalised stock, Zenith Bank International Plc, recorded a net profit of N105.66 billion in 2015 as top-line earnings and bottom-line improved. The audited...
Nigerian equities recorded second consecutive negative trading session on Tuesday as concerns over rising inflation and corporate warning on low earnings mitigated the otherwise positive influence...
After positive signs of improving crude prices, hopes faded again on Tuesday, as prices dipped further below $40 per barrel. The further fall in prices may...
The House of Representatives has ordered a probe into the loss of over N50 trillion in the mining sector. Worried by the loss of revenue in...
Nigeria’s inflation rate in February rose by 11.4 per cent compared to the 9.6 per cent in January, the National Bureau of Statistics (NBS) said on...
Nigerian equities reopened this week with a tinge of profit-taking as investors sought to monetize the capital gains from the sustained rally in recent trading sessions....
United Bank for Africa (UBA) Plc grew its net profit by 20 per cent to N60 billion in 2015 as the first generation bank rose above...
United Bank for Africa (UBA) Plc grew its net profit by 20 per cent to N60 billion in 2015 as the first generation bank rose above...
Nigeria’s most capitalised quoted bank, Guaranty Trust Bank (GTBank) Plc, recorded a pre-tax profit of N121 billion in 2015, sustaining a positive growth trajectory in spite...
President Muhammadu Buhari, on Monday, appealed to investors to come to Nigeria, assuring that his government has overcome the Boko Haram terrorists. President Buhari stated this in...
The Central Bank of Nigeria (CBN) says it will sell Treasury Bills (TBs) of N1.73 trillion in the second quarter of the year 2016. This is...
A four-man team from the International Civil Aviation Organisation (ICAO), has arrived Nigeria to commence the Universal Safety Oversight Audit Programme (USOAP), beginning from March 14...
Guinness Nigeria Plc would lay off some of its staff as part of a broad corporate restructuring aimed at repositioning the company for long-term growth. In...
For shareholders of Diamond Bank Plc, they should have less hopes of any impressive performance by their bank as the board of directors of the bank...
Nigerian equities muffled a mid-week profit-taking to sustain their upwardly trend last week, playing the contrarian stocks in a global stock market characterized by declines across...
Ripples Nigeria findings have uncovered that GSM service providers in the country defraud Nigerians to a whooping tune of about N547bn every year. Nigeria has 149,787,120...
IPMAN, a stakeholder in the oil and gas industry, has expressed satisfaction with the restructuring of the NNPC, against an earlier opposition by PENGASSAN and NUPENG....
The Minister of State for Petroleum, Dr. Ibe Kachikwu on Saturday hinted of plans to collaborate with the Central Bank of Nigeria (CBN) to pave a...
MTN Nigeria says that reports making the rounds that it has proposed to pay only N300 billion of the N780 NCC fine were not true, as...
Time management has been a major challenge of busy executives for a long time, and how they resolve it goes a long way to determine whether...
