A corporate narrative on the Nigerian government’s decision to shut down its borders with illustrations on how this affects every spoon of rice residents in Nigeria...
Consumers might have to pay more for their favourite soft drinks as the Federal Government is considering adding excise duties on carbonated drinks. This, is according...
The federal, states and local governments in the country shared a total of N693.529 billion as revenue from the Federation Account for the m September, the...
The Nigerian government has revealed that the $3 billion loan facility it is seeking from the World Bank would be used to carry out reforms in...
The Nigerian Stock Exchange continued its downward trend in Thursday’s trading session, with the All Share Index closing at 26,456.29 basis point, decline by 0.06%. Year...
The Central Bank of Nigeria (CBN) has refunded part of N500 billion penalty deducted from banks as additional cash reserves after they failed to meet the...
The Central Bank of Nigeria will, on Thursday, auction Treasury bills worth N121.9 billion in the second Primary Market Auction (PMA) of the month of October...
Bearish sentiments on the Nigerian Stock Exchange (NSE) further depleted the market capitalisation to N12.89 trillion in Wednesday’s trading sessions. The NSE All Share Index closed...
According to the Q3 2019 financial statement released by Guaranty Trust Bank (GTBank) for the period ended September 30, 2019, the bank posted a revenue of...
The Central Bank of Nigeria (CBN) in its 2018 annual report for currency operation, released on Tuesday, said it detected a total of 119,663 counterfeit notes...
According to a report released by Nigeria’s Debt Management Office (DMO) on Federal Government, States, and FCT external debt stock, Nigeria’s external debt now stands at...
A corporate narrative on how tech, like a lady, seductively gained entrance into Africa’s largest economy; romanced with the youth; and got a handsome number of...
The International Monetary Fund (IMF) has expressed concerns that Nigeria’s per capita growth is weak, adding that strong measures were needed to move the growth into...
The Nigerian Stock Exchange (NSE) short-lived its gains from Monday’s trading session, shedding 0.16% in Tuesday’s trading session. The NSE All Share Index closed at 26,513.65...
The National Bureau of Statistics (NBS) has put the inflation rate for September 2019 at 11.24%. This is higher than the previous month’s 11.02%. The National...
Transcorp Hotels Plc, a subsidiary of Transnational Corporation of Nigeria Plc (Transcorp Plc), on Monday, received a Certificate of Discharge, indicating the hospitality company has fulfilled...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has said that lack of proper maintenance of facilities over the years was...
Minister for Finance, Budget and National Planning, Zainab Ahmed, has revealed that the under-recovery of Premium Motor Spirit, popularly referred to as fuel subsidy, would gulp...
According to a report released by the Central Bank of Nigeria (CBN), on Friday, financial inclusion rate has increased to 63.2% as at the end of...
The Nigerian Stock Exchange (NSE) may be about to rebound from its losses as it closed on a positive note Monday. The NSE All Share Index...
There has been a lot of uproar from Nigerians about the amount budgeted for debt servicing (N2.75 trillion), recurrent(N4.88 trillion), and capital expenditure (N2.14 trillion) in...
Last week was a bearish one for the Nigerian Stock Exchange (NSE), with the market shedding 1.68%. Out of the traded stocks we have carefully curated...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Bureau of Public Procurement (BPP) has been directed to step up moves to recover over...
The Kaduna State Government has proposed a N245.4 billion budget for the 2020 fiscal year. During a town hall meeting held on Saturday at Gen. Hassan...
According to the 2020 Appropriation bill draft released by the Budget Office of Nigeria, the amount budgeted for health and education in the proposed 2020 budget...
The Lagos transportation system has evolved from the traditional yellow taxis (though still exist) to the now modernised or luxury cabs and motorcycle hailing business. These...
The 36 states in Nigeria including the Federal Capital Territory (FCT) generated a total sum of N691.1 billion in the first half of 2019. This is...
Again, investors are counting their losses as the Nigerian Stock Exchange (NSE) market capitalisation got depleted by N24 billion, leaving the All Share Index at 26,533.78...
Come 28th of November, nearly a month and half to the present, the 2020 Appropriation Bill will be passed as has earlier been hinted by the Chairman, House...
The Manufacturers Association of Nigeria (MAN) has begun to count their losses, on a daily basis, over the indefinite closure of borders by the Federal Government....
The national chairman of the Nigerian Institute of Metallurgical, Mining and Materials Engineers, Ayo Adeyemo, on Thursday, has hinted that Nigeria loses $292 billion annually to...
In an open letter to President Muhammadu Buhari, former Nigerian Bar Association (NBA) president and maritime lawyer, Dr Olisa Agbakoba Thursday urged the federal government to...
Custodian Insurance, one of the top trades by volume, slipped into the losers’ chart in Thursday’s trading session. The Nigerian Stock Exchange (NSE) closed negative with...
The Federal Government said on Thursday it has signed a $3.9 billion agreement with a Chinese firm, China Railway Construction Corporation (CRCC) to facilitate the construction...
The Nigerian Government has made the payment of £250,000, which a commercial Court in London ordered it to pay to Process and Industrial Developments Limited (P&ID)...
The Lagos Chamber of Commerce and Industry (LCCI) on Wednesday commended the return to the January -December budget circle but described as unrealistic the exchange rate...
Telecoms giant, Airtel Africa, on Wednesday, announced it had entered a partnership with multinational financial service company, MasterCard to give Airtel’s 100 million subscribers across 14...
Investors, on Wednesday, lost N102.7 billion in the trading session on the Nigerian Stock Exchange (NSE). Market capitalisation dropped to N12.9 trillion from N13 trillion the...
The International Monetary Fund (IMF) has raised concerns about the proposed increase in Value Added Tax (VAT), of which the proposed 2020 budget was partly predicated...
Nigeria Government is planning to enforce a 2018 Supreme Court ruling that will it recover the sum of N18.9 trillion ($62 billion) from International Oil Companies...
Going by the conclusion of an International Monetary Fund (IMF) team led by Amine Mati, Senior Resident Representative and Mission Chief for Nigeria, the apex bank,...
The Federal Government on Tuesday defended its decision to increase Value Added Tax (VAT) from five percent to 7.5 percent, saying the review should have been...
Eight electricity distribution companies (Discos) in the country may have their licences revoked by the Federal Government for their failure to meet the remittance threshold as...
Tier-2 lender, Wema Bank Plc and ICT firm, Courtville Business Solution Plc, fell into the losers’ chart in today’s trading session on the floor of Nigerian...
The Nigerian National Petroleum Corporation, (NNPC) said on Tuesday that buyers of the divested assets of its Joint Venture partners have failed to make meaningful contributions to...
The recently proposed Communication Service Tax Act (CTA) by the Senate may have given the Nigeria Government another viable source of revenue but creates huge burden...
Union Bank of Nigeria Plc has notified the Nigerian Stock Exchange (NSE) of its board meeting to consider the bank’s results for the 9 months period...
The Federal Executive Council (FEC) has accepted the over N700billion increase in the Medium Term Expenditure Framework (MTEF) put together by the National Assembly. The lawmakers...
Workers in the financial sector on Monday vowed to shut down banks and other financial institutions across the country over the increasing casualisation of workers in...
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday said the planned increase of Value Added Tax (VAT) in the country will...