Nigeria’s Vice President, Prof Yemi Osinbajo, on Friday asked the Central Bank of Nigeria (CBN) to regulate cryptocurrencies instead of prohibiting them in the country. Ripples...
In the last one year, the price of essential food items such as onions, gari, maize have skyrocketed by as much as 40 percent in many...
Jack Dorsey-led microblogging site, Twitter, announced, on Thursday, its intent to place charges on exclusive tweets and contents. The company, in its resolution during the annual...
Three substantial stakeholders in Ellah Lakes are planning to sell part of their shares in the oil palm company as Ellah Lakes nears deadline of non-compliance...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Friday, February 26, said the revenue gained from the removal of petrol subsidy should be used for...
The new partnership deal between Africa’s leading logistics service provider, GIGL, and American multinational financial services corporation, Visa, is a major milestone for both players. The...
The Nigerian Electricity Regulatory Commission (NERC) has revealed that Nigeria may be forced to cut off power supply to the Republics of Niger and Benin over...
The Lagos State Government (LASG), Nigeria Ports Authority (NPA), and other stakeholders have agreed to adopt a new electronic call-up system for trucks scheduled to commence...
Major Oil Marketers Association of Nigeria has revealed that over N10.7 trillion was expended on fuel subsidy in the last 10 years. Chairman of the association,...
Unilever is in the process of setting its tea business into a standalone company to improve its competitiveness in the tea business in Nigeria and across...
Microsoft founder, Bill Gates, says he does not plan to invest in bitcoin following the massive investment from other billionaires and corporate organisations which has increased...
The Nigerian stock market failed to maintain its bull run on Thursday as the market capitalisation closed at N20.97 trillion, below the N21.043 trillion the equity...
The Federal Government has described as a welcome development the rising price of crude oil in the global market, saying, “this is a good omen for...
Troubled financial company, Deap Capital Management and Trust Plc is struggling to overcome its financial woes as investors are running away from it, even as the...
Nigerian Aviation Handling Company (NAHCO) has suspended its Group Managing Director and Chief Executive Officer, Adetokunbo Fagbemi, silently for four weeks without notifying the investing public....
Two of the big four accounting firms Pricewaterhouse-Coopers (PwC), KPMG, including Boston Consulting Group, McKinsey are jostling to be advisers to the Nigerian government as it...
The Organisation of the Petroleum Exporting Countries Plus (OPEC+) will consider loosening the grip on crude oil price as it skyrockets to its highest in a...
Nigeria’s external reserves have declined by 408.2 million in one week or 1.34 percent to $35.27 billion as of February 22, 2021 from $35.75 billion in...
Despite reconstructing its total shares to look appealing to investors, existing shareholders are dumping their holdings in Lasaco to protect their losses – this shows the...
The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has stated that the Finance Bill 2020, was designed to reduce import duties on some...
Nigeria’s bourse continued to bask in its bull zone on Wednesday as investors closed the stock market with a N27 billion gain. Trading on the floor...
One of Bitcoin promoters, Microstrategy, has purchased more holdings as Bitcoin trade sideways in the past one week following a bullish run which saw the currency...
The Nigerian Electricity Regulatory Commission (NERC) has stated that a total of 8.734 million Megawatts-hour (MWh) of electricity was generated in the second quarter of 2020....
Nigeria’s alcoholic industry has been finding it difficult to operate in recent years, with alcohol companies struggling to maintain a slow growth, as the industry gets...
Nigeria’s currency on Tuesday gained 0.34 percent to close at N408.60k per dollar compared to N410.00k closed since two days at the Investors and Exporters (I&E)...
Despite the current crippling nature of the Nigerian economy, the citizens spent more money on beer last year, Ripples Nigeria reports. The analysis of financial statements...
Renewed investors’ interest in Nigeria’s capital market lifted the bourse out of the bear territory on Tuesday as it rallied round to slightly increase the equity...
Zenith Bank has released its financials for the Full Year period of 2020, with the lender reporting revenue growth for the period which saw most deposit...
The average price per litre of Kerosene, and 5kg cylinder cooking Gas in Nigeria dropped to N350.55, and N1,949.02 in January 2021 from N352.79 and N1,949.75...
As Nigerians await the decision of the Federal government on the new pump price for petrol, the National Bureau of Statistics (NBS) has revealed that in...
Changpeng Zhao, the founder of cryptocurrency exchange, Binance, has defended the creation of new bitcoins which some crypto-critic believe will reduce the value of bitcoin price...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed on Monday said the federal government had released a total sum of N1.74 trillion to...
On the parallel market, Nigeria’s currency on Monday exchanged at N480 per dollar. This is according to data from AbokiFX.com, a website that collates parallel market...
Nigeria’s stock market continued its worst performance in the year as the market capitalisation plunged further on Monday. At the end of trading activities on the...
The Director of the Department of Petroleum Resources (DPR), Mr. Sarki Auwalu, said on Monday the Federal Government is committed to reactivating all moribund oil and...
United Capital released its financials for the full year ended 2020, reporting revenue growth during the period many companies suffered earnings decline. The asset management and...
Bitcoin’s bull run hit a rock today, Monday, resulting to the bitcoin price dropping in value, that resulted to a loss of $10,000 in bitcoin value...
The Nigeria Economic Summit Group (NESG) has advised the Federal Government to prioritise certain policy decisions that will enhance and sustain economic growth. Mr Laoye Jaiyeola,...
The Chief Finance Officer of Portland Paints, Ada Aniagu, has taken over the financial position at Chemical and Allied Products Plc (CAP Plc) as the ripple...
The Nigerian government has concluded plans to begin supplying electricity to the Republic of Togo from the Calabar Power Plant, located in Odukpani local government area...
As Nigeria’s stock market continued its bear run, there were some companies that caught the eye of Ripples Nigeria last week, though the stock market had...
The Debt Management Office (DMO) has disclosed that more than $5.83bn foreign loans that have been approved are yet to be received as of December 31,...
Following a surge in bitcoin price, social media has created a buzz around the most popular cryptocurrency, pushing it to become one of the most searched...
The Federal Government paid N140.98 billion for “non-existing” projects in 2020, Ripples Nigeria reports. An analysis of data on the Open Treasury Portal revealed that the...
Despite the crushing impact of the COVID-19 pandemic on the Nigerian economy, mobile telecommunication subscribers in Nigeria spent about N4.82 trillion on airtime purchases in 2020,...
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have agreed to collaborate and conduct research with a view to finding ways...
The Nigerian Civil Aviation Authority (NCAA) has announced the lifting of a ban on Boeing 737 Max Aircraft flying into the Nigerian airspace, following two accidents...
The Federal Competition and Consumer Protection Commission (FCCPC) says it will commence enforcement of the Nigerian Electricity Regulatory Commission (NERC) billing cap order to ensure effective...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the mainstream...
The founder of Stanbic IBTC, Atedo Peterside, has played down the significance of Nigeria’s exit from economic recession. Peterside, who reacted to the country’s exit from...
