Unknown to many Nigerians, the first GSM operator in Nigeria, Econet Wireless did not fail due to adverse economic situation or a lack of patronage, it...
In from Ali Smart … . Fresh fact has emerged as to why the Central Bank of Nigeria (CBN) placed a moratorium on banks to desist...
In from Ali Smart … . For those still nursing the idea that the Central Bank of Nigeria (CBN) may soon rescind its decision banning importers...
Nigerian equities opened this week with a tight but favourable outlook as investors continued their portfolio re-balancing and alignments ahead of the expected inflow of the...
Rice millers who hitherto got import quota to import rice into the country may no longer enjoy such privileges, Ripples has learnt. Giving this hint at...
In from Ali Smart … . Over 34% of African businesses are losing out on deals to corrupt competitors, according to Control Risks, the global business...
The Director, African Department of International Monetary Fund (IMF) Ms Antoinette Sayer, has stated that measures put in place by the Central Bank of Nigeria (CBN)...
MAN Diesel & Turbo, providers of large-bore diesel, gas and dual-fuel engines has opened its Nigerian office as part of plans to grow its business affiliations...
In from Ali Smart … . Residents of Awka in Anambra State are protesting high tariff bills by the Enugu Electricity Distribution Company (EEDC), allegedly being...
In from Ali Smart … . The World Bank Group has hinted of plans to increase climate financing to about $29 billion annually with the support...
The Central Bank of Nigeria (CBN) has stated, that it would provide a helping hand to farmers in Kebbi State whose farms were affected by floods...
You don’t have to be a financial guru to manage your money. With a combination of financial guidance, discipline and common sense, you should be well...
The Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” (LoC) to guarantee that its oil is not...
The planned merger or outright scrapping of the Fiscal Responsibility Commission (FRC) has set Ministries, Departments and Agencies (MDAs) on a collision course, Ripples has learnt....
CONCERNED that the economy is suffering from regulatory headwinds like the Central Bank of Nigeria (CBN) new forex policy, a cross-section of experts have called for...
While government is working to increase the level of electric power supply in the country, government has put Nigerians on notice that tariff on electricity may...
In from Success Allantee … . The downtrend at the Nigerian stock market slowed down a bit yesterday but the market remained generally negative as investors...
In from Success Allantee … . The spread and size of the downtrend at the Nigerian stock market widened yesterday as quoted equities posted their fourth...
The House of Representatives on Wednesday perfected plans to investigate the huge debt profile of the Assets Management Corporation of Nigeria (AMCON). It was gathered that...
The outbreak of the avian influenza otherwise known as bird flu in poultry farms across the globe has seriously affected Nigerian farmers as the country has...
In from Timothy Enietan-Matthews … . The National Electricity Regulatory Commission, NERC and Distribution companies (DISCOs) operating in the country have been summoned to appear before...
In from Success Allantee … . Nigerian equities continued to trade in the red zone yesterday at the Nigerian Stock Exchange (NSE) as the formal confirmation...
In from Success Allantee … . Nigerian Breweries Plc, Nigeria’s second most capitalised quoted company, has established a N100 billion commercial paper programme to fund its...
In from Success Allantee … . Nigerian stock market opened on Monday with a tinge of bearishness as investors continued to wait for clear economic policy...
President Muhammadu Buhari disclosed Monday in Abuja that the 2016 National Budget being prepared by his administration will include fresh policies and measures to encourage the...
Director-General of the National Pension Commission (PenCom), Mrs Chinelo Anohu-Amazu, has said that Nigeria has grown its pension funds from a deficit of over N2 trillion...
With the emission scandal that has trailed auto makers Volkswagen in USA, leading to the stepping aside of its Chief Executive Officer, the Federal Government has...
For defying its directive on metering, the Nigerian Electricity Regulatory Commission (NERC) has slammed a fine of N131.4m on the Ikeja Electricity Distribution Company. NERC noted...
The Nigerian National Petroleum Corporation Retail Limited has dragged the Natural Network Petroleum and Gas Company Limited and two others before Justice I.M. Sanni of a...
In from Success Allantee …. Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has cleared a total of 972 firms for operations in the...
In spite of failed past efforts to set up and maintain a national carrier after the demise of the Nigeria Airways established in 1971, the administration...
As part of moves to address challenges of traceability of export goods from Nigeria, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA),...
In from Smart Ali … Vice President Professor Yemi Osinbajo has maintained that the country cannot change its foreign exchange rules to satisfy portfolio investors. The...
The Federal Government has hinted of plans to suspend the payment of compensation to poultry farmers whose farms were infected by Avian Influenza (bird flu). The...
In what it said was an attempt to discredit it and strengthen its competitors, an indigenous airline in the country, Arik Air has declared as untrue...
The Central Bank of Nigeria (CBN) has promised to retain foreign currency controls because of concerns about slowing growth, Ripples has learnt. A senior bank official...
Following a leak in a pipeline system, the Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture has declared force majeure on exports from...
Even as Nigerians hope and pray for improved electricity power supply, available supply has dipped from 4,008.53Mega Watts (MW) to 3,619.70MW as at Wednesday, according to...
On the last day of September and eve of Nigeria’s 55th independence anniversary, Nigerian equities witnessed a strong rally as investors continued their positioning for the...
The epileptic power supply in the country may soon become a thing of the past as the present administration is planning to boost the current electricity...
In from Success Allantee … Nigerian equities continued on the uptrend yesterday as investors wait with baited breaths for the announcement of ministerial members of the...
In from Ali Smart … The Central Bank of Nigeria (CBN) on Tuesday sold N53.08 billion worth of treasury bills in a bid to mop up...
In from Success Allantee … Securities and Exchange Commission (SEC) has said a total of 384 capital market operators have fully complied with the new minimum...
In line with its threat to reduce by half Nigerian bonds listed on JP Morgan’s emerging markets bond index (GBI-EM), the U.S. bank said on Tuesday...
The Nigerian Association of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA) on Tuesday decried the banning of Nigerian products and farm produce, by European Union,...
The slow pace of implementation of the auto policy is making most local investors in the automobile sector think twice about their involvement, and this is...
In from Success Allantee … Less than 72 hours to the self-imposed deadline by President Muhammadu Buhari for the formation of his executive cabinet, investors at...
In from Ali Smart … Worried over the dwindling fortunes of the nation’s steel sector, stakeholders have impressed on the government, the need for an intervention...
In from Ali Smart … Worried by the reduction in the nation’s oil receipts as a result of dwindling oil prices in the global market, the...
In from Ali Smart … Mr. Remi Ogunmefun, Director General, Manufacturers Association of Nigeria (MAN) has described as scandalous the unprecedented level of taxes levied against...
