Private transport company owners, under the aegis of Association of Private Transport Companies of Nigeria (APTCON), have called on stakeholders in the sector to tap into...
The Federal Government has conceded to calls for the country’s economy to be private-sector driven, with the setting up of a 20-member committee for concession of...
The Central Bank of Nigeria, CBN, has said that banks would be required to notify it and also offer explanations before sacking staff up to a...
In its bid to fight inflation in the country, the Central Bank of Nigeria (CBN) has gone borrowing, targeting the sum of $773.44 million through the...
The difficulty accessing funds has pushed government to explore all avenues of borrowing money to fund its budget, including the contributory pension scheme (CPS), now put...
The downtrend at the Nigerian stock market continued on a higher momentum on Wednesday as weak corporate earnings compounded the crunchy liquidity squeeze to sap away...
As part of measures to finance budget deficit, the federal government on Friday sold a total of N190 billion ($673.76 million) in treasury bills. Reuters reports...
President Muhammadu Buhari has expressed displeasure over the recent veiled devaluation of the naira by the Central Bank of Nigeria (CBN). The President, who said he...
The economic crisis in the country may be worse than most Nigerians think, as there are indications that 15 out of the 36 states in the...
Fitch Ratings has downgraded Nigeria’s long-term foreign and local currency Issuer Default Rating (IDRs) to ‘B+’ from ‘BB-‘ ratings, while long-term local currency IDR lowered to...
President Buhari, on Monday, gave accent to the suspension of tenure policy in the Federal Civil Service, a day after he resumed from official vacation during...
The Asset Management Corporation of Nigeria, AMCON, has obtained an interim injunction to seize some assets belonging to businessman, Jimoh Ibrahim over an alleged N50bn billion...
The Nigerian stock market started this week with a tinge of profit-taking as investors sought to lock in capital gains on equities that accrued in recent...
There are hopes that the price of the naira may rise further as the Central Bank of Nigeria on Monday stated its resolve to clear all...
Argentina’s star Lionel Messi on Wednesday was respectful of Venezuela, ahead of their quarter-final clash in the Copa America Centernario. After the game against Bolivia, Messi...
The body of former Super Eagles Coach, Amodu Shuaibu, was buried on Saturday amidst tears from families and friends at his residence in Okpella, Etsako -East...
Oil marketers have concluded arrangements to hike the price of Liquefied Petroleum Gas (LPG) better known as cooking gas by between 70 to 100 per cent...
The administration of President Muhammadu Buhari received a knock from the Lagos Chamber of Commerce and Industry, LCCI, as it said the nation’s economy has suffered...
President Muhammadu Buhari has said that niigeria’s economy is in a volatile situation due to the crash in oil prices. The president stated this at the...
The end may not yet be in sight in the crisis rocking the downstream subsector of the oil industry, as oil marketers, on Friday in Abuja,...
The Independent Petroleum Marketers Association (IPMAN) has made arrangement to flood the market with enough supply of premium motor spirit, Ripples has learnt. Giving this hint...
Oando Plc will this Monday delist its foreign-listed subsidiary, Oando Energy Resources (OER) Inc, after buying over shares of minority shareholders. OER is listed on the...
The Electricity Distribution Companies (Discos) have begun mass disconnection of customers indebted to them nationwide. Among those affected are government establishments, residential and commercial buildings. The...
The over N5.3trillion pension funds in the custody of the National Pension Commission is safe and secured, Eguarekhide Longe, chairman, Pension Fund Operators Association of Nigeria...
The Economic and Financial Crimes Commission (EFCC) has launched a massive investigation into accounts and operations in First Bank of Nigeria as part of ongoing hunt...
Oil giant, Shell Petroleum Development Company of Nigeria Ltd, SPDC, Wednesday, said it has declared force majeure on Bonny Light crude exports following a leak on...
A report released by the Central Bank of Nigeria, CBN, has revealed that the Nigerian economy further declined in the month of April. According to the...
The recent working visit of President Muhammadu Buhari to China has attracted at least $6 billion worth of investments into the country, the presidency has said....
After five consecutive negative trading sessions, Nigerian equities on Thursday broke away from the recent spate of decline as bargain-hunters sought to take advantage of the...
Nigerian equities regained the uptrend on Tuesday as investors stepped up bargain-hunting for low-priced stocks, especially in the banking sector. After losing N54 billion in opening...
In its quest to regularise the supply and distribution of petroleum products across the country, the Petroleum Products Pricing Regulatory Agency (PPPRA), has, with the approval...
May 29, 2016 would mark a year after the President Muhammadu Buhari-led administration took over the reins of power, but with no clear direction of where...
The suspension of the Director General of the Pension Transitional Arrangement Directorate, PTAD, Mrs Nellie Mayshak, has been alleged to be the handiwork of a cabal...
Ideas rule the world. It was someone’s idea that manifested as the electric bulb, the computer, the automobile etc., all came from an idea. So you...
Learn Africa Plc is expected to record loss for the 2015 business year, foreclosing any possibility of dividend payment to shareholders. A regulatory filing by the...
Wema Bank Plc grew its top-line but its profit declined marginally in 2015. Earnings per share was almost flat at 6.0 kobo. The board of the...
The inaugural National Assembly Business Environment Roundtable (NASSBER) will hold today (Monday) in Abuja with key stakeholders drawn from the executive, legislature and the private sector...
The Federal Government on Wednesday said plans are on to tackle the shortage of electricity in the country by generating 4,000 megawatts of electricity using nuclear...
Nestle Nigeria Plc, has announced a total dividend of N22.99 billion for the 2015 business year as the food and beverage giant muscled operating challenges to...
Nigerian equities recorded second consecutive negative trading session on Tuesday as concerns over rising inflation and corporate warning on low earnings mitigated the otherwise positive influence...
Nigeria’s most capitalised quoted bank, Guaranty Trust Bank (GTBank) Plc, recorded a pre-tax profit of N121 billion in 2015, sustaining a positive growth trajectory in spite...
Ripples Nigeria findings have uncovered that GSM service providers in the country defraud Nigerians to a whooping tune of about N547bn every year. Nigeria has 149,787,120...
Time management has been a major challenge of busy executives for a long time, and how they resolve it goes a long way to determine whether...
The band between advancers and decliners narrowed on Thursday but the overall market situation drew on cross-sectoral gains from large, mid and small cap stocks to...
The Federal Government and 36 states governors have oncluded plans to hold a retreat to consider alternatives to devaluation of the naira. This was disclosed on...
Nigerian equities reopened on Monday with continuing bargain-hunting for undervalued dividend-paying stocks amidst caution that the longest rally this year might give way to another round...
The upper legislative chamber has requested the Minister of Communication Technology, Adebayo Shittu and Attorney General and Minister of Justice, Abubakar Malami,to throw more light on...
For defaulting in the payment of insurance claims among other entitlements to families of dead victims the Federal Capital Territory (FCT) Administration, has threatened to report...
In the Federal Government quest to reform the Nigerian Postal Service (NIPOST), for effective service delivery it has shortlisted 21 candidates out of the 47 that...
For defrauding Nigerians, the federal government has warned that telecommunications companies would be punished by way of fines if they do not desist. The warning came...