The National Pension Commission (PenCom) has lamented, that in spite of its efforts to stimulate growth in the economy by making available the N3.95 trillion pension...
Stress can come from everywhere – career, school, family, relationships, health – and especially money. Psychologists have reported that money remains the number one stressor for...
Volkswagen AG has appointed Porsche brand chief Matthias Mueller as its new CEO and announced the departure of top executives in a sweeping overhaul to begin...
Any refinery of the Nigerian National Petroleum Corporation (NNPC) that fails to perform optimally by the end of December may be put up for sale, the...
Despite the extension of the deadline for the Biometric Verification Number (BVN) the Central Bank of Nigeria (CBN) has said that 32 million active bank accounts...
To guard against flour products lacking in essential nutrients in the market place, the Standards Organisation of Nigeria (SON) has said flour mills that sell such...
Nobody, least of all Nigeria’s new president, has said that rooting out the rot in the political system will be easy. When he took office in...
In from Success Allantee … The stock market sustained its positive performance today as highly capitalised stocks roused the market to average gain of 0.4 per...
The traffic congestion and disasters caused by tankers may soon be a thing of the past as the Nigerian Railway Corporation (NRC) has said that it...
Between January and July 2015, the federal government spent N222.1 billion on fuel subsidy which was not captured in the budget, and the House of Representatives...
In from Success Allantee … Quoted equities expectedly responded positively to the easing in monetary policy stance as average return at the Nigerian Stock Exchange (NSE)...
In from Success Allantee … Saham Finances S.A, the insurance arm of the Saham Group founded by Moroccan tycoon Moulay Hafid Elalamy, has acquired the majority...
In the hope of getting affordable loans for investors in the power sector in order to boost the supply of electricity, the government has commenced talks...
Though the federal government had emphasised that its directive on the Treasury Single Account (TSA) arrangement would streamline government’s earnings, and reduce corruption, it has however...
In from Success Allantee … Quoted equities reopened yesterday with a tinge of downtrend, carrying over the negative overhang that closed the market on Friday. The...
The Nigerian National Petroleum Corporation (NNPC) in order to meet its counter-part funding of joint Venture (JV) upstream activities has secured a $1.2 billion (about N238.6bn)...
Following the Wednesday’s discharge of the ex-parte order obtained against SEC by BGL Plc and its subsidiaries, the Securities and Exchange Commission (SEC), Nigeria’s apex capital...
In from Success Allantee… Banking stocks were toasts of investors last week at the Nigerian stock market as investors anticipated the possible decisions of the Monetary...
The argument in some quarters that the bailout loans given to states by the Federal Government ought not to be used mainly to pay workers’ salaries...
Citing lower government and external debt, plus ample oil reserves, the rating agency Standard & Poors Standard and Poor’s Ratings Services (S&P) has affirmed Nigeria’s long-...
In from Ali Smart … As the Nigerian Monetary Policy Committee (MPC) prepares to sit from Monday and Tuesday, indications are that the think-tank group of...
In from Ali Smart … In efforts to help develop Small and Medium Enterprises (SMEs) the Bank of Industry (BoI), has secured a $100 million line...
In from Ali Smart … In order to secure pension funds and ensure stable returns, over N3.25 trillion pension funds out of a total of N5...
In from Success Allantee … Nigerian equities continued its cautious upward trend yesterday as a mix of bargain-hunting and cautious trades continued to moderate the overall...
In from Ali Smart … Nigeria’s entertainment and media market hold a lot of promises as they are expected to gross at least $8.1billion in revenue...
In from Olumide Olaoluwa … A number of state governments in the country will soon get financial relieve as the National Economic Council (NEC) has approved...
A Federal High Court in Lagos has cleared the way for the Security and Exchange Commission (SEC) to go ahead with its plan to expel the...
In fulfillment of federal governments directive that all Ministries, Departments and Agencies (MDAs) should close their various account with commercial banks and deposit the funds in...
In from Success Allantee … Quoted equities staged a modest recovery yesterday, regaining the overall positive market situation that was briefly halted on Tuesday by profit-takers....
Oils thieves in the Niger Delta region are digging deep into the pockets of the Shell Petroleum Development Company, whose management has said that an average...
While in France, President Muhammadu Buhari is taking canvassing more foreign investments into the country by assuring investors in that country and other parts of the...
After raking in N326 billion in two successive trading sessions, Nigerian equities slowed down yesterday as investors sought to lock in capital gains and rebalance their...
It seems concerted opposition by electricity consumers in the country has not dissuaded regulatory agencies, or providers of electricity in the country, as they have insisted...
Nigerian equities opened this week with widespread buying sentiments as investors anticipate the announcement of the members of the cabinet of President Muhammadu Buhari and the...
Seemingly uncomfortable with the role of consultants in collecting revenue on behalf of the federal government the Federal Inland Revenue Service (FIRS) has said that ta...
Nigeria’s Inflation rate in August rose to its highest level since February 2013, and above the Central Bank of Nigeria’s June upper limit of nine per...
In from Success Allantee … Nigerian equities shook off the mid-week scare caused by the announcement of the decision of JP Morgan to exclude Nigerian sovereign...
Barring any last minute change, which the presidency has already put down, federal ministries, departments and agencies would close their bank account in commercial banks across...
In from Ali Smart … The Lagos Chamber of Commerce and Industry (LCCI), has decried the parlous state of economy, saying the manufacturing and the service...
In from Ali Smart … Shortage of long-term financing since the 2008 crisis is choking the investment-backed growth of companies in developing countries and hampering the...
About two weeks after he was named by President Muhammadu Buhari to head the agency as Comptroller-General of Nigeria Customs Service (NIS) Col. Hameed Ibrahim Ali...
As part of efforts to ensure that Nigerians enjoys regular supply of fuel, and to optimize the nation’s refining capacity, the Kaduna Refinery will resume the...
Having failed in his bid to use the courts to obtain immunity from arrest, the Economic and Financial Crimes Commission (EFCC) yesterday picked up the Group...
Nigerian equities pulled back from the steep decline that greeted Tuesday’s JP Morgan announcement of removal of Nigerian bonds from its government index. Against the background...
The Nigerian stock market expectedly reacted sharply but negatively to Tuesday’s announcement of the delisting of Nigerian government bonds from the JP Morgan’s emerging markets bond...
Apparently disturbed by the financial mess that has turned some states to ‘beggars’ before the Federal Government, the Central Bank of Nigeria (CBN) has advised the...
Diageo Plc, the parent company of Guinness Nigeria Plc, yesterday (Wednesday) announced that it plans to acquire additional equity stake to increase its majority equity stake...
All major telecommunications service providers in the country will have their time in the dock on September 17 as a Federal High Court in Lagos has ordered...
Keen on returning sanity to petroleum products distribution and marketing, the federal government is seriously considering establishing back-up refineries to entrench a culture of efficiency. This...
In from Success Allantee … The benchmark index at the Nigerian stock market rose for the third consecutive day yesterday as investors dug deeper into value...
