Wartsila, 185-year-old Finnish company providing sustainable solutions to marine and energy sectors, has revealed its plans for a future of total reliance on renewable energy for...
Rising from its Monetary Policy Committee (MPC) session this afternoon, the Central Bank of Nigeria (CBN) announced its retention of the Monetary Policy Rate (MPR) at...
The possibility of Nigeria’s local currency, the Naira, shedding its value in Quarter 3 in response to its perennially strong import culture, which far outpaces its...
After its South Africa 5G network trial, telco player, MTN Nigeria, on Monday conducted a trial in Abuja to examine possibilities and get real time insights...
Blue-chip stocks dominated Monday’s gainers’ list, thus leading the Nigerian bourse further on its bullish trend as the Exchange recorded five straight days of positive results...
All things being equal, the sweeping corporate transformation process that saw Femi Otedola-led Forte Oil PLC lose ownership to new investors some five months ago will...
Emerging report from the transportation authority in London on Monday informed the public on Uber’s loss of licence on account of operational lapses. The cab-hailing service...
After years of success as a transport sector player in Nigeria, tech-first transportation company, GIGM, on Friday launched operation in Ghana, unveiling take-off terminals in Accra...
Investment inflow into the Nigerian economy declined by $460 million in the third quarter of 2019, the National Bureau of Statistics (NBS) said on Monday. According...
The week that just went by was an uncomfortable one for investment at the Nigerian Stock Exchange (NSE) as the market capitalisation closed lower than that...
In a bid to ensure that unclaimed dividends are cleared, the Securities and Exchange Commission (SEC) at the weekend said there is no timeline yet for...
In recognition of the utilitarian values of Public Private Partnership (PPP) to the populace, Central Bank chief, Godwin Emefiele has called for bigger participation of corporate...
Hello, it’s Sunday. Welcome to this week’s Business Roundup. Read through to see some of the top events that happened during the week. Headlines: Nigerian govt moves to revive Enugu...
The travails of the chairman and CEO of Air Peace, Allen Onyema over an alleged $20 million fraud in the United States seems far from over....
The Federal Government has said it is ready to revive the coal mines in Enugu State so as to enable them contribute to the socio-economic development...
The Nigerian Stock Exchange recorded mixed fortunes across key market indices this week as performance parameters variously took negative and positive directions. The All Share Index...
The Chairman/CEO of Air Peace, Allen Onyema, on Saturday denied allegations of bank and money laundering filed against him by the United States Justice Department. The...
Chairman and CEO of Air Peace, Allen Onyema was on Friday charged with bank fraud and money laundering to the time of about $20 million in...
The National Pension Commission (PenCom) has revealed that pension funds administrators in the country invested a total of N34.89 billion in infrastructures as at the end...
The Director-General of the Debt Management Office (DMO), Ms. Patience Oniha, said on Friday domestic borrowing accounts for 68 percent of Nigeria’s total debt profile of...
Nigeria’s Gross Domestic Product (GDP) grew by 2.28 percent in the third quarter of 2019, the National Bureau of Statistics (NBS) has said. The NBS, in...
Nigeria imports cassava derivatives valued at about $600 million annually, the head of the country’s central bank has said. Godwin Emefiele, the governor of the Nigerian...
The ownership of power distribution companies (Discos) is to come under review as the National Economic Council (NEC) resolved to carry out the exercise at their...
The Nigerian capital market rode on the back of blue chip stocks to close Thursday session on a positive note. The bullish run, beginning on Tuesday,...
Cross River State Governor, Ben Ayade has presented the state’s 2020 budget to the state House of Assembly, with a capital expenditure of 82 percent. The...
For the second day running, the Nigerian Stock Exchange sustained its bullish run on Wednesday as market capitalisation reached N12.924 trillion at the close of business. The All...
Nigerian Senate has passed the Finance Bill which would enable the amendment of seven Acts of the National Assembly relating to taxes payable in the country....
As much as 150 million Nigerians are at risk of being defrauded through telecommunications platforms, the Nigerian Communications Commission (NCC) has said. This was disclosed by...
Operations of one of Nigeria’s oldest banks, First Bank Nigeria may be disrupted from today (Thursday) if it goes ahead with an alleged plan to retrench...
For the second day running, the Nigerian Stock Exchange (NSE) sustained its bullish run on Wednesday as market capitalisation reached N12.924 trillion at the close of business. The...
ORide, OLeads, OList, OWealth, OFood, and now OCar –the Chinese bull and payment platform, Opay, has always been pushing its chest forward in the fierce battle...
Barring any change, the Nigerian Government will next year conduct a fresh round of licencing for untra-deepwater assets in the country. This was disclosed by the...
Cloud service provider company, Envivo Communications, has thrust its foot into the movie on-demand sector with the launch of its nvivoTV, reportedly claiming to become the...
The Nigerian Stock Exchange (NSE) ended Tuesday trading on a sound note as it recorded notable improvement across major market indices, thus reversing the lacklustre performance...
Although, the Chinese web service company, Opay, only announced its success in raising a fresh $120 million funding as it looks to expanding its operations to...
Trading on the floor of the Nigerian Stock Exchange (NSE) closed on a gloomy note Monday, a clear departure from the positive note last week ended....
The Nigerian Stock Exchange (NSE) seems to be finding its footing as the bourse have had 2 weeks closing bullish and depleting the losses. Last week...
A Nigerian medical startup, LifeBank, has, over the weekend, been announced winner of $250,000 from a Jack Ma Foundation initiative after impressing a 4-man penal to...
Happy Sunday esteem readers, welcome to this week’s Business Roundup. Here are the top highlights of events that happened during the week that you probably missed....
The British independent oil and gas company, Savannah Petroleum Plc, has announced its completion of acquisition of assets of the Seven Energy International Limited (SEIL) in...
The Asset Management Corporation of Nigeria, (AMCON), an agency acting as a stabilizing tool for the nation’s financial system may soon go into extinction if the...
Doing business, in Nigeria, has never been more competitive as it currently is. With a constant rise in price, year on year, as influenced by the...
The Nigerian Stock Exchange (NSE) rounded up today’s trading sessions in positive territory, with the All-share index growing by 0.03% to close at 26,851.68 basis points...
The Nigerian Stock Exchange (NSE) closes Wednesday’s trading session on a bearish note. The All Share Index closed at 26,339.11 basis points, down by 0.44%. Year...
Sixty-three years after the Oil Pipelines Act came into force, the country has continued to charge a meagre N50 for licences to operate pipeline networks worth...
The Nigerian Stock Exchange (NSE) closed the first day of trading this week with an Id el-Maloud gift. The bourse ended Tuesday bullish, with the All...
Multinational media and entertainment conglomerate, Walt Disney Company, on Tuesday launched its own online video stream/on-demand video platform. Disney+. The launch will see Disney rival Netflix,...
The march to economic stability has been rather too difficult for Nigeria, not particularly because of its massive population size of about 200 million but for widespread...
Global payment group, Visa has concluded plans to take up 20 percent stake in Nigeria’s Interswitch – a financial technology (fintech) company – ahead of its...
Last week was rewarding for investors as the Nigerian Stock Exchange (NSE) closed bullish, after wallowing in a streak of losses despite being in the earning...