The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) on Tuesday confirmed that the Port Harcourt Refinery has resumed production. The PENGASSAN President, Festus...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has become the latest body to kick against the proposed tax reform bills forwarded to...
Investors in the Nigerian equities market lost N18.9 billion at the close of trading on Tuesday. This followed the dip in the share prices of stocks...
The chairman of the presidential committee on tax policy and fiscal reforms, Taiwo Oyedele, has clarified that state governors were consulted during the drafting of the...
In its first return to the international capital market after a two-year absence, the Debt Management Office (DMO) has disclosed that Nigeria has raised $2.2 billion...
In a bid to plug Nigeria’s 2024 budget deficit, Nigeria is set to issue two significant Eurobond offerings. This is Nigeria’s return to the international capital...
Investors in the Nigerian equities market gained N137bn at the end of the trading session on the floor of the Nigerian Exchange Group (NGX) on Monday,...
Many customers of Financial Technology (Fintech) companies like Opay, Moniepoint, Palmpay and others woke up to notice of the commencement of the deduction of N50 Electronic...
Investors in the Nigerian equities market endured a bearish week that culminated in a weekly loss of N185.59 billion on the trading floor of the Nigerian...
Holcim, a Swiss building materials company has become the latest multinational to exit Nigeria. The company, over the weekend agreed to sell its 83 percent stake...
The Federal Government on Sunday assured investors in the rapidly expanding fintech sector of continued support and protection amidst challenges in the industry. The Director-General of...
Nigeria and France have signed a Memorandum Of Understanding (MoU) to develop the capacity to manage the mining sector’s value chain. Consequently, this will lead to...
MTN Nigeria, Guaranty Trust Bank (GTB) and Air Peace have landed in trouble over complaints by consumers of exploitative practices by the three organizations. Consequently, the...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, said on Friday the true value of the Naira would be restored with the introduction...
Investors in the Nigerian equities market endured a bearish week that culminated in a weekly loss of N185.59 billion on the trading floor. This follows a...
As Nigerians continue to grapple with cash scarcity at banks’ Automated Teller Machines (ATMs) ahead of the Yuletide season, the Central Bank of Nigeria (CBN) has...
The Nigerian National Petroleum Company Limited (NNPCL) said on Friday the Port Harcourt Refining Company (PHRC) has not commenced bulk sales of fuel or opened its...
Investors in the Nigerian equities market lost N168 billion at the close of trading on Friday. This followed the dip in the share prices of stocks...
The Nigerian National Petroleum Company Limited (NNPCL), on Friday, launched a scathing attack on Timothy Mgbere, a self-proclaimed “community person,” over his claims that the recently...
The Nigerian government has announced plans to spend approximately N2.4 trillion on power subsidies before the end of the year. This move is aimed at addressing...
Investors in the Nigerian equities market gained N305 billion at the close of trading on Thursday. This followed a surge in the share prices of stocks...
Nigeria and China have reaffirmed their commitment to strengthening bilateral relations, with Vice President Kashim Shettima announcing that trade between the two nations reached $22.6 billion...
The chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has stated that the country’s current fiscal system inhibits growth. This is...
The Managing Director of Transmission Company of Nigeria (TCN), Sule Abdulaziz, said on Tuesday the Federal Government has spent about N8.8 billion to repair vandalized transmission...
Investors in the Nigerian equities market lost N208 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks...
The Central Bank of Nigeria (CBN), on Tuesday, issued comprehensive guidelines for the operations of the interbank foreign exchange (FX) trading system via the Electronic Foreign...
The Chief Executive Officer of Nigerian Midstream and Downstream Petroleum Authority (NMDPRA), Farouk Ahmed, on Tuesday, told Nigerians to expect lower fuel prices following the resumption...
The Nigeria Labour Congress (NLC) has condemned the Labour Force Report released by the National Bureau of Statistics (NBS) on Monday. It described the unemployment figure...
The Nigerian equities market closed positively on the trading floor of the Nigerian Exchange Group (NGX) on Tuesday, November 26, 2024, as investors gained N8bn. This...
The Appeal Court, Abuja, on Tuesday fixed April 9, 2025, for hearing of an appeal filed by the Nigerian Agip Exploration Limited against Malabu Oil and...
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which benchmarks interest rates in the country...
A former president of the Nigeria Bar Association (NBA) and Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba, has urged Nigeria to deploy innovation to enable...
The Federal Inland Revenue Service (FIRS) the Nigerian National Petroleum Corporation Limited (NNPCL) and the Nigeria Customs Service (NCS) disclosed before the National Assembly on Monday...
After series of missed deadlines, Nigerian owned Port Harcourt Refinery has commenced processing of crude oil. The spokesperson of the Nigerian National Petroleum Company Limited, (NNPCL)...
The Nigerian equities market began the week on a negative note on the trading floor of the Nigerian Exchange Group (NGX) on Monday, November 25, 2024,...
The National Bureau of Statistics (NBS) has announced a decline in Nigeria’s unemployment rate to 4.3% for the second quarter (Q2) of 2024. According to the...
Nigeria’s Gross Domestic Product (GDP), the tool used in measuring the economy of a country, has grown by 3.46 per cent in real terms in the...
The Minister of Aviation and Aerospace Development, Festus Keyamo, said on Sunday that private planes, including those owned by the Founder of the Living Faith Church...
It was a quiet week for investors in the Nigerian Equities market as they gained N77.7 billion on the trading floor during the period. This followed...
The Minister of Aviation and Aerospace Development, Festus Keyamo, has expressed concern over the harassment of Nigerians by some security agents stationed at various airports in...
After two weeks of intense negotiations, delegates at the United Nations climate summit in Baku, known as COP29, agreed late on Saturday to provide funding for...
The Minister of Aviation and Aerospace Development, Festus Keyamo, has described Nigeria as the most viable aviation market in Africa. He stated this in a Channels...
In a move aimed at thanking Nigerians for their ‘unwavering support’ the Dangote Petroleum Refinery has announced a reduction in the price of its Premium Motor...
Investors in the Nigerian equities market endured a quiet week that culminated in a weekly gain of N77.77 billion on the trading floor. This follows a...
The fragile peace between Dangote Refinery and the Nigerian National Petroleum Company Ltd (NNPCL) following a claim by the refinery that it is yet to secure...
The Nigerian equities market ended the week with a loss of N98 billion by investors on Friday. This followed a dip in the share prices of...
President Bola Tinubu on Wednesday called for the International Monetary Fund (IMF) to support efforts to keep out-of-school children in classrooms. According to a statement posted...
Investors in the Nigerian Equities Market lost N142 billion at the close of trading on Thursday. This followed a dip in the share prices of stocks...
The Nigerian National Petroleum Company Limited (NNPCL) has filed a preliminary objection against a lawsuit initiated by Dangote Petroleum Refinery and Petrochemicals FZE, which seeks exclusive...
The Nigerian National Petroleum Company Limited (NNPCL) has unveiled its latest crude oil grade, the Utapate crude oil blend, at the international market. The company unveiled...
