The Nigerian Communications Commission (NCC) has granted approval for a 50% increase in telecom tariffs, marking the first adjustment in over a decade. The move comes...
The Nigerian equities market started the week on a positive note as investors gained N10 billion on the trading floor of the Nigerian Exchange Group (NGX)...
Consider Tunde’s story. Tunde, a hopeful investor, trusted in promises and skipped due diligence. He ended up with land under government acquisition, facing the bitter consequences...
The counsel to the Chairman of the Honeywell Group, Oba Otudeko, on Monday protested at the Federal High Court, Lagos. The Economic and Financial Crimes Commission...
The Nigerian equities market endured a week to forget losing a massive N1.45 trillion following a dip in the share prices of some listed stocks. The...
Vandals have destroyed and looted 18 electricity towers across Rivers, Abia, and Kano States in the last five days, plunging communities into darkness. The Transmission Company...
The former Group Managing Director of First Bank of Nigeria (FBN) Limited, Bisi Onasanya. has denied involvement in a N12.3 billion loan fraud at the bank....
Dangote Refinery has assured Nigerians that three of its partners Ardova, Heyden, and MRS Holdings would sell petrol for ₦970 per litre nationwide despite the company’s...
The Dangote Petrochemical Refinery has attributed its recent increase in the price of Premium Motor Spirit (PMS), commonly known as petrol, to the rising cost of...
The Nigerian government has announced plans to overhaul and modernize its free trade zones, a move aimed at combating corruption, curbing misuse, and boosting the zones’...
Investors in the Nigerian equities market endured a bearish trading week losing a massive N1.452 trillion on the trading floor of the Nigerian Xchange (NGX). This...
Filling stations around Lagos and environs have jerked up their prices to between N1,000 and N1,100. At AP filling station Dalemo, Alakuko Lagos State, the product...
The Transmission Company of Nigeria (TCN) said on Friday vandals have again vandalised its 132 Kilo Volt (KV) transmission line and underground cables in Abuja. TCN’s...
The three tiers of government on Friday shared the sum of N1.424 trillion as revenue allocation for December last year. The Director of Press and Public...
The Asset Management Corporation of Nigeria (AMCON) on Friday vowed to recover N227 billion debt from Arik Air. The Head of Corporate Communications in AMCON, Mr....
The Nigerian equities market recovered from several days of losses with N541 billion gain for investors at the close of the day’s trading. This followed a...
Prosper Africa and African Export-Import Bank (Afreximbank) have signed a new Memorandum of Understanding (MoU) to boost trade and investment between the United States and Africa...
The World Bank has projected that Nigeria’s economy will grow to 3.6 per cent between 2025 and 2026 following ongoing reforms by the Federal Government. The...
The Economic and Financial Crimes Commission (EFCC) will arraign the Chairman of Honeywell Group, Chief Oba Otudeko, and a former Managing Director of First Bank, Olabisi...
The Nigerian equities market recovered from several days of losses as investors gained N53 billion at the close of trading on Thursday. This followed a surge...
The Federal Government of Nigeria has given telecommunication companies operating in the country approval to hike their calls and data tariff by no more than 60%....
The Nigerian equities market continued to experience bearish sentiment as investors lost N930.62 billion at the close of trading on Wednesday. This followed the dip in...
Nigeria’s oil output, excluding condensate, increased to 1.507 million bpd in December 2024, from 1.477 million bpd in November 2024, according to the Organisation of Petroleum...
The National Assembly Joint Committee on Finance has jerked up the revenue projection of the Nigeria Customs Service (NCS) from N6.5 trillion to N12 trillion for...
Nigeria’s inflation rate climbed to 34.8% in December 2024, slightly higher than the 34.6% recorded in November, as the festive season fueled increased demand for goods...
The Nigerian Communications Commission (NCC) has authorised telecommunications companies (Telcos) to disconnect the Unstructured Supplementary Service Data (USSD) codes assigned to nine financial institutions due to...
The Central Bank of Nigeria (CBN) has fined First Bank, Union Bank, and seven other lenders for failing to disburse cash via Automated Teller Machines (ATMs)...
The Nigeria Customs Service (NCS) revenue surged to N6.1 trillion in 2024. This represents an increase of N2.9 trillion or 90.4 percent over the N3.2 trillion...
The Nigerian equities market continued to experience bearish sentiment as investors lost a massive N1.06 trillion at the close of trading on Tuesday. This followed a...
The Nigerian equities market began the new week with a modest decline on Monday, January 13, 2025 as investors lost N51 billion on the trading floor...
The Nigerian Exchange Limited (NGX) has warned the investing public of the activities of suspected scammers falsely claiming to be the Group’s Chief Strategist. The impersonator...
The Co-Chairman of the Presidential Livestock Reforms Implementation Committee, Prof. Attahiru Jega, said on Saturday that Nigeria’s livestock industry is undergoing a transformative shift, attracting global...
In the first full trading week of the new year, the equities market raked in a massive N1.1 trillion in profits for investors following a surge...
The Lagos Internal Revenue Service (LIRS) has set January 31, 2025 deadline for all companies operating in the state to file their annual tax returns to...
The Transmission Company Nigeria (TCN) on Saturday night clarified that the country’s national grid did not collapse but tripped off. Fears about a nationwide blackout heightened...
Investors in the Nigerian equities market enjoyed a bullish first full trading week in the new year raking in a profit of N1.137 trillion on the...
The Central Bank of Nigeria (CBN) has introduced two new financial instruments: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA). This,...
The Nigerian equities market ended the week’s trading with a N48 billion loss for investors on Friday. This followed a dip in the share prices of...
In a bold move toward aligning with global standards, the National Bureau of Statistics (NBS) has announced plans to incorporate hidden and illegal economic activities—such as...
The Nigerian equities market continued its bullish run as investors gained N792 billion at the close of trading on Thursday. This followed a surge in the...
It has been close to two years since 599 shareholders of Eleme Petrochemical Cooperative and Credit Society of Indorama Petrochemicals last received dividends from the shares...
The Federal Government of Nigeria’s funding of the capital project in the 2024 budget has been severely criticized by the National Assembly. This is even as...
The Nigerian equities market bounced back from the first loss in 2025 with a gain of N507 billion for investors at the close of trading on...
The Nigerian equities market recorded its first loss in 2025 as investors shed N152 billion at the close of trading on Tuesday. This followed the dip...
Guaranty Trust Holding Company (GTCO) Plc has announced that it raised N209.41 billion through a public offer in the first phase of its recapitalization exercise. This...
The Director General of Nigeria Employers’ Consultative Association (NECA), Adewale Oyerinde, has declared that all the 36 states of the federation have no justification for not...
The National Association of Telecommunications Subscribers (NATCOMS) has issued a strong plea to telecom operators in Nigeria, urging them to explore capital market funding instead of...
Guaranty Trust Holding Company (GTCO) Plc has announced it raised N209.41 billion through a public offer in the first phase of its recapitalization exercise. This is...
The Nigerian equities market kickstarted the week with N38 billion profit for investors on the trading floor of the Nigerian Exchange Group (NGX) on Monday, January...
Now that trading activities in 2025 are in full swing with over N402 billion profit for investors in the first two trading days of the New...
