In from Ali Smart . . . August visitors hardly visit in August and so it was with Ms. Christine Largarde, the Managing Director of the...
In from Success Allantee…. Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has started a new round of investigation into the operations of capital...
The downtrend at the Nigerian stock market widened on Thursday with an average of five losers for every gainer, but a last-minute rally by Dangote Cement...
Three years after Nigeria abandoned its strategic development plan, the President Muhammadu Buhari-led administration looks set to marshal out a new development framework for the country....
The Nigerian Senate has come down hard on the Central Bank of Nigeria (CBN) over its strict Foreign Exchange policy, and urged the apex bank to...
At least about 83 per cent of the workforce of Visafone, amounting to about 2, 000 workers may have been thrown into the job market as...
The bears fully bared their fangs yesterday at the Nigerian Stock Exchange (NSE) as increased sell pressure on highly capitalised stocks shaved off N317 billion from...
Report… Nigeria’s aviation, a sector in need of makeover In from Ali Smart . . . The place of the aviation sector in Nigeria’s economy is...
The Managing Director of the International Monetary Fund (IMF) Ms. Christine Lagarde, has, contrary to widespread reports, painted a grim picture of the Nigerian economy, stating...
The second trading session of the year at the Nigerian Stock Exchange (NSE) also ended in the negative with nearly two losers for every gainer. Turnover...
Caution was the word at the first trading session of 2016 at the Nigerian Stock Exchange (NSE) as bemused investors seek to outline the outlook for...
in from Ali Smart . . . Perhaps as an indication of its commitment towards the welfare of the internally displaced persons across the north eastern...
In from Ali Smart . . . Freight forwarders are at logger heads with customs officials over what they described as prohibitive taxes, which they argued...
With the kickoff implementation of the Guide to Bank Charges on zero commission on turnover (COT) on all transactions in January, the deposit money banks would...
To succeed in business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinking that they’ll turn...
Nigerian equities sustained their massive last-minute rally for the second consecutive day as intense bargain-hunting and year-end portfolio realignments combined to add N298 billion to market...
As the hours ticked away for the 2015 business year, investors appeared to have intensified last-minute portfolio rebalancing and adjustments to ensure that their portfolios are...
The Nigerian equities market reopened on Tuesday with voluminous transactions on low-priced financial services stocks as year-end portfolio rebalancing trades saw a shift from high-cap stocks...
The Nigerian Stock Exchange (NSE) has started the final review of its group and sectoral indices. The newly reviewed indices will take effect on January 1,...
The Nigerian equities market reopened on Tuesday with voluminous transactions on low-priced financial services stocks as year-end portfolio rebalancing trades saw a shift from high-cap stocks...
By Ali Smart Notwithstanding the austere nature of the present administration, the 2016 budget for the presidency, according to the budget document obtained by Ripples Nigeria,...
By Ali Smart . . . After what seem to be a back and front movement, and contrary to what Nigerians were initially made to believe,...
By Timothy Enietan-Matthews The planned removal of the Petroleum Subsidy Fund by the Federal Government may run into trouble waters as the Nigeria Labour Congress (NLC)...
The Nigerian Communications Commission (NCC) has asked a Federal High Court sitting in Lagos to strike out the suit filed by MTN Nigeria Communications Limited for...
In from Ali Smart . . . . Hard times may yet be the lot of Nigerians in the coming year 2016, as the bite on...
To forestall the lingering fuel crisis across the country, especially in the yuletide, the Nigerian National Petroleum Corporation (NNPC) on Christmas eve supplied the petroleum motor...
The Emir of Kano, Lamido Sanusi II has made a case for Islamic banking, saying it is the best model for an economy like Nigeria. Sanusi...
Pre-shipment agents involved in monitoring oil and gas operations onshore may no longer have a job to do as the federal government has cancelled their contracts...
The widespread positive sentiments continued at the Nigerian Stock Exchange (NSE), but losses by a handful of highly capitalised stocks coloured the overall market position to...
The Nigerian National Petroleum Corporation (NNPC) on Wednesday declared that the Kaduna Refining and Petrochemical Company (KRPC) has begun daily production of 3.2 million litres of...
The three tiers of government shared the sum of N369.9billion from the federal allocation for November 2015. This was made known by Minister of Finance, Mrs...
Nigerian equities remained positive on Tuesday, sustaining a two-day gain that had seen the market regaining N131 billion in capital gains in the past two trading...
The two main indices at the Nigerian Stock Exchange (NSE) indicated average gain of 0.72 per cent, equivalent to a gain of N66 billion, on Monday...
By Ali Smart… The Federal Government, through the Nigerian Electricity Regulatory Commission, NERC, has increased energy tarrif, while also dropping the fixed charges being paid by...
In from Success Allantee . . . The National Investor Protection Fund (NIPF) would be paying compensations to a total of 580 investors who had lost...
Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has revoked the operational license of 84 capital market firms. The Commission stated that the licences...
In from Ali Smart . . . As part of efforts to curtail prevailing naira volatility in the market, the Central Bank of Nigeria (CBN) has...
In from Ali Smart . . . Workers’ union in the oil and gas sector have rejected outright the redraft Petroleum Industry Bill (PIB) which is...
Despite having the initial N1.04 fine reduced by 25 per cent to N780 billion, telecommunications company MTN Nigeria is still not satisfied with the outcome of...
Nigerian equities closed the weekend with its steepest loss this week as Naira fell to a new low against the United States Dollar and the United...
It was a bad day for passengers aboard a chartered aircraft belonging to Aero Contractors on Saturday at the Bauchi Airport in North Eastern part of...
God Is Good Motors Limited, (GIGM) one of the nation’s leading transport companies on Thursday unveiled its new logo, GIGM.com, and new ultra-modern terminus located in...
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says that he had received the Presidency’s approval to commence the final phase of the restructuring of...
With nearly three advancers to a decliner, widespread bargain-hunting lifted the Nigerian equities from the red zone to the first gain in four trading sessions. The...
Seems the last has not been heard concerning the N1.4 trillion naira fine slammed on telecommunications giant, MTN by the Nigerian Communications Commission (NCC) for failing...
There were still more losers than gainers, but the momentum of the downtrend at the Nigerian stock market slowed down considerably yesterday as investors sought out...
In from Ali Smart . . . One of the assurances given by President Muhammadu Buhari during the electioneering campaign was that the value of the...
The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, has assured that two of the refineries may be revived by the end of December....
In from Ali Smart… As the Chinese would say, may we all live in interesting times. Certainly for Nigerians, the last 12 months have been quite...
After a two-day consecutive rally that closed the stock market last week, Nigerian equities opened this week in the red zone as widespread selling sentiments shaved...