PZ Cussons, Thomas Wyatt and Geregu made it into the stocks to watch list this week, as the Nigerian stock exchange resumes for a three-day trading...
The Federal Government has moved to impose a 0.5 percent levy on goods imported from countries outside Africa in a bid to meet obligations to the...
Investors in the Nigerian capital market traded 860.933 million shares valued at N16.1 billion in 14,502 deals this week. This surpassed the 814.089 million shares worth...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
The market capitalization rose by 0.4 percent at the close of business on Friday. This means the value of investments in the capital market increased by...
The Nigerian National Petroleum Company (NNPC) Limited and the Independent Petroleum Marketers Association of Nigeria (IPMAN) are negotiating delivery of Premium Motor Spirit (PMS) amid fuel...
The World Bank has once again criticized the Central Bank of Nigeria’s (CBN) exchange rate management style which has divided opinions among economists and public policy...
Following threats to debtors and complaints among Nigerians, the House of Representatives has resolved to investigate Carbon, Fairmoney, OKash and other lending applications (apps) companies. The...
The Central Bank of Nigeria (CBN) has explained the decision it came up with in redesigning some Nigeria currency notes and the cash withdrawal limits it...
Nigeria’s Securities and Exchange Commission (SEC) has sounded the alarm to Nigerians over investing in four blacklisted Italian e-Commerce platforms. In a statement issued on its...
The value of investments in the Nigerian capital market rose to N26.96 trillion at the close of trading on Thursday. The figure was N13.07 billion or...
The International Monetary Fund (IMF) has warned oil exporting countries in Africa to save earnings from the boom in crude oil price, as transition to low-carbon...
The Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN) Abuja-Suleja, Mohammed Shuaibu, has said the Nigerian National Petroleum Company (NNPC) Limited should be blamed for the...
Nigerian capital market closed on a positive note on Wednesday with the equity capitalization appreciating by 0.11 percent. This means the market capitalization increased from N26.91...
President Muhammadu Buhari has disclosed that the Federal Government made $547 million from the sale of Fifth Generation (5G) spectrum to MTN Nigeria and Mafab Communications....
To save Nigerians from falling victim of fake naira notes, the Central Bank of Nigeria (CBN) has released the security features of the new naira notes....
The Nigerian capital market ended trading on Tuesday with the equity capitalization rising to N26.915 trillion. The figure was N662.36 million higher than the N26.914 trillion...
The World Bank has expressed concerns over the redesign of the Naira notes by the Central Bank of Nigeria (CBN). President Muhammadu Buhari unveiled the newly...
Berger Paints has appointed Celestine Aruoture from Union Bank as its Chief Operating Officer amid intense competition from Chemical And Allied Products (CAP) and Meyer Plc....
The Central Bank of Nigeria (CBN) has threatened to revoke banks’ foreign exchange dealership licenses if they work with International Money Transfer Operators, IMTOs, in violation...
The World Bank has cautioned that the newly redesigned naira, which entered circulation last week, may have a detrimental impact on economic activity, particularly for impoverished...
The Federal Government generated N1.4 trillion from Value Added Tax (VAT) and Company Income Tax in three months. The National Bureau of Statistics (NBS) disclosed this...
The National Bureau of Statistics (NBS) revealed on Monday the average price of petrol rose to N202.48 per liter in November. The agency disclosed this in...
The Nigerian capital market extended its bullish run with the rise in equity capitalization to N26.91 trillion at the close of trading on Monday. The figure...
Foreign creditors who bought into Ghana’s eurobonds, commercial terms and other investment securities will not be collecting their money back anytime soon, and Ghanaian traders, as...
Elon Musk has said he will step down as the head of Twitter after millions of Twitter users voted for him to leave the role. “Should...
Tax relief applications by Aliko Dangote’s coal company, Flour Mills Nigeria Plc, Max Air, and about 169 other corporations are likely to be rejected by the...
Members of the Association of Mobile Money and Bank Agents (AMMBAN) have threatened to take their protest of the cash withdrawal limit to the streets and...
The Association of Dangote Cement Transport Drivers in Obajana, Kogi State, has reportedly urged all of its members to boycott cement shipment to five states in...
Sterling Bank Plc has created a Made-By-Nigerians platform, a community designed to showcase the best products and services made by Nigerians, at home and abroad. The...
The Central Bank of Nigeria (CBN) has revealed that the Federal Government’s earnings from crude oil and gas exports increased by $40.86billion (about N18.18 trillion) in...
As the Nigerian stock market resumes trading this week, some of the stocks to watch out for are Dangote Cement, MCNichols and Learn Africa. Ripples Nigeria...
The Argentina national team will take home $42 million after winning the FIFA World Cup on Sunday. The Lionel Messi-inspired La Albiceleste lifted the FIFA World...
Investors in the Nigerian capital market parted with N12.204 billion for 814.089 million shares in 15,488 deals this week. This however fell short of the N15.243...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
As Christmas and New Year celebrations beckon, the Independent Petroleum Marketers Association (IPMAN), Aba Depot Unit, has tasked the Federal Government on massive importation of fuel...
As the new naira notes went into circulation on Thursday, Nigerian banks are struggling to provide it in abundance as demands overshoot supply in banking halls....
Bismarck Rewane, managing director and CEO of Financial Directives has expressed a different opinion on the impact of cash withdrawal limit and new naira notes. Speaking...
OneCoin, a cryptocurrency asset that was supposed to kill off Bitcoin (BTC) and promoted to give crypto investors more value for their investment than BTC, ended...
Nigerian banks are still dispensing old notes to their customers using their Automatic Teller Machine, checks by Ripples Nigeria has revealed. On Thursday, December 15, the...
There’s so much wrong information out there. Beware! Don’t just believe everything. Not everything you see out there is correct. The fact is this, there are...
The bulls maintained their grip on the Nigerian stock market on Friday, as demands for stocks like UPDC, PZ and others pushed the market capitalisation up...
The World Bank has announced that Nigeria’s growing inflation rate has cut the existing minimum wage by 55% and has raised the number of poor by...
A lawsuit seeking to prevent the Central Bank of Nigeria (CBN) from effecting the cash withdrawal limit has been adjourned to January 10, 2023, a day...
Gains in Chemical and Allied Products (CAP), Ardova, amongst others handed some investors in the Nigerian capital market N133.43 billion, leading to the market capitalisation appreciating...
Inflation in Nigeria accelerated for the 10th straight month to 21.47% in November. The figure means that in the month of November 2022, the general price...
The Central Bank of Nigeria (CBN) will start rolling out the redesigned naira notes of N200, N500 and N1000 through commercial banks on Thursday. Ripples Nigeria...
The Nigeria Customs Service has revealed that it made over N1.95 billion in the month of November from goods imported through the Murtala Muhammed International Airport...
The National Pension Commission (PenCom) has revealed that cash withdrawals by sacked workers in the country increased to N8.27 billion in the third quarter of 2022....
Investors in the Nigerian capital market gained N73.2 billion at the close of trading on Wednesday. This followed the rise in market capitalization by 0.27 percent...
