The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Monday the Coalition Against COVID-19 (Ca-COVID) would unveil its support for business owners...
Sell pressure on mid-cap stocks led by Nigerian Breweries, Dangote Sugar, Wapco, Flour Mills and Zenith Bank guided the Nigerian Stock Exchange (NSE) to further loss...
Nigerian inflation climbed for the 14th month in a row in October to 14.23%, its peak level in 30 months, driven by escalating food prices, the National...
JP Morgan Chase has vowed to expose bank officials involved in the approval of transfers summing up to $875 million to one-time Nigeria’s Minister of Petroleum...
Oil prices lifted higher on Monday, recovering some of the grounds lost at the Friday session, with the optimism that the Organisation of the Petroleum Exporting...
The Nigerian government Sunday said it now looked to lift the nation’s wheat production to 15,560 metric tonnes after obtaining wheat breads of varying yield abilities....
The Nigerian stock market was largely bullish last week, recording its biggest single day gain in over 5 years and a half, and appreciating N2.101 trillion, the...
Taking off from the previous week, Nigeria, again, recorded yet another significant momentum as it pushes towards becoming the tech-capital of Africa. Kuda Bank led on...
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 President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, said on Saturday the multilateral lender’s AAA rating by Moody’s Investors Service validated the strength...
The Nigerian government said it was set to take another $750 million loan facility from Washington-based World Bank to ramp up the economies of states and...
The Nigerian Stock Exchange (NSE) reported a humongous return this week, with an outpouring of funds from the fixed income market, where yields are currently low,...
The Nigerian National Petroleum Corporation (NNPC) said on Friday it would sell the Premium Motor Spirit (PMS) at N153.17 per litre for oil marketers using its...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Friday inflation rate in Nigeria was largely driven by the cost of transportation. The...
The Petroleum Products Marketing Company (PPMC) a subsidiary of the Nigerian National Petroleum Corporation (NNPC) has hitched up the ex-depot price of Premium Motor Spirit (PMS)...
The Nigerian National Petroleum Corporation (NNPC) Thursday said it had teed off oil production at Anyala Field IN Oil Mining Leases 83/85 jointly held with oil...
Nigeria’s foreign exchange reserves plunged to a 12-week low of $35.63 billion on Wednesday, its lowest point since 21st August, when $35.607 billion was recorded, data gleaned...
Babatunde Fashola, the minister of works and housing, has said his ministry was indebted to 3,504 contractors executing housing projects countrywide to the tune of N69.91...
Vice President Yemi Osinbajo on Thursday called for more private sector investment in agriculture. Osinbajo, who made the call at the 2nd Agrowth Conference organised by...
The Nigerian Stock Exchange (NSE) posted its biggest daily gain in more than five and a half years on Thursday, triggering a circuit breaker on the...
A London High Court has ordered the suit litigation filed by the Nigerian government against United States Bank JP Morgan Chase over the bank’s role in...
Some members of the Monetary Policy Committee (MPC) of the Central Bank (CBN) have expressed worries regarding the impact of huge demand pressure on Nigeria’s foreign...
The Central Bank of Nigeria (CBN) would bear up to 50 per cent of the risk on loans availed to farmers under its Private Sector-led Accelerated Agriculture...
The Nigerian Stock Exchange (NSE) Wednesday sustained its positive momentum as market capitalisation upped by N324.627 billion and bellwether consumer goods stocks like Nigerian Breweries, Presco,...
Oil prices lifted further on Wednesday as the optimism that a vaccine, developed by Pfizer and BioNTech, will turn out 100 per cent effective in treating...
Nigeria’s organised private sector lost assets and investment worth N5 trillion to the arson and looting, resulting from the tension and turbulence that followed the #EndSARS...
Bravura Holdings Limited, with interest in oil and gas production and owned by Benedict Peters, has declared plans to take a chance at platinum mining by...
The Lagos Chamber of Commerce and Industry (LCCI) and Atedo Peterside, the founder of Stanbic IBTC Bank PLC, have faulted the Nigerian government’s exclusion of Dangote...
Shares in Neimeth, Cadbury and GSK jumped on Tuesday by 10%, the maximum daily rise allowed by the Nigerian Stock Exchange (NSE), with the three topping...
Hedge fund firm, VR Capital Group has secured the nod of a United States’ district court to block Nigeria’s access to the internal documents required by...
The Nigerian government has given the Dangote Cement to restart cement exportation across the borders, boosting the optimism that West African nation could lift curbs on...
The Central Bank of Nigeria (CBN) on Tuesday responded to a suit filed by a Lagos-based lawyer, Chief Malcolm Omirhobo, at the Federal High Court, Lagos,...
The Nigerian Stock Exchange (NSE) Monday posted N641 billion in gains with, greater buy pressure from the current bull run raising hopes of market capitalisation hitting...
Oil prices lifted on Monday as benchmark Brent climbed past $40 per barrel, with Joe Biden’s triumph in the U.S presidential poll sharpening investors’ interest and...
Petroleum marketer, Conoil Plc, has declared its profit for the nine month period to September contracted by 35% relative to the same period of 2019, with...
The Nigerian bourse recorded a loss last Monday but posted gains Tuesday through Friday with the corporate actions of the week and some technical factors informing...
The exposure of the Asset Management Corporation of Nigeria (AMCON) to the central bank might balloon by as much as 75 per cent from N4 trillion...
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...
With an increasing push from foreign tech companies to expand frontiers and portfolios into Nigeria, there are strong indications that Nigeria is fast becoming a leading...
Trade activities continued to be boosted by the optimism of investors in the market condition of the Nigerian Stock Exchange (NSE) this week, with stocks appreciating...
The Nigerian Stock Exchange (NSE) sustained its gaining streak on Friday, helped by positive sentiments towards bank stocks and appreciation in large-cap stocks including Dangote Cement...
Oil prices slid below $40 per barrel on Friday as fresh lockdowns imposed in Europe to curb spiralling coronavirus cases spurred anxiety regarding crude demand outlook...
Financial services firm stand the chance of attracting $10 billion in earnings into the Nigerian economy through installation of blockchain technology, the Nigerian Information Technology Deployment...
More than 9.8 million Nigerians in 16 states and the Federal Capital Territory might be at risk of starvation as food insecurity worsens in the country,...
The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Thursday that the resurgence of the COVID-19 pandemic in Europe may affect the 2021...
The market capitalisation of the Nigerian Stock Exchange (NSE) posted a modest loss at Thursday’s trading, with low-cap stocks taking the biggest battering. A slide by...
The Minister of State for Petroleum Resources, Chief Timipre Silva, said on Thursday the Nigerian National Petroleum Corporation (NNPC) would soon resume oil exploration and drilling...
Oil prices slipped on Thursday as the chances of Joe Biden, the Democratic Party presidential candidate in the U.S., brightened in a nerve-racking race for the...
Naira weakened against the United States dollar on Wednesday at the parallel market, closing at N464, 0.23% lower than the N463 it exchanged for at the...
The Nigerian government will today (Thursday) complete the sale agreement process of state-owned Afam Power Plant to the Transcorp Power Consortium, a deal valued at N105...
