Profit-taking in bellwether bank and industrial goods stocks caused the Nigerian Stock Exchange to close in the negative territory on Tuesday with all the Key Performance...
Transactions estimated to be well over N108.427 trillion were consummated across the instant payment and the Point of Sales (POS) platforms in the country in 2019,...
The World Bank has forecasted that the next three years will prove gloomy for Nigeria as growth in the real Gross Domestic Product (GDP) will stall...
Global oil market responded to the escalating crisis in Libya on Monday after a proposed peace talk, intended to bring the shutters down on the country’s...
New online learning platform, Traindemy, which relatively runs similarly to Alearnko, is currently garnering reviews from product testers and analysts as it thrusts into the digital...
Digital services provider, Google, has recently delisted one of Opera’s household Apps on its portal for breaching Google’s policy on loan provisions. Okash, a division of...
The Nigerian bourse continued its bullish run on Monday as sustained interest in blue-chip equities added N48 billion to the market capitalisation. A positive market breadth...
Last week, the Nigeria Stock Exchange (NSE) three days of bullish reign and two intervening bearish days on Wednesday and Thursday. The market rallied on Friday,...
Union Bank of Nigeria Plc has announced that all is set for the issuance of its Series 3 and 4 Commercial Paper Issuance. In its notice...
Sanitary pads and 19 other basic food items have been exempted from the new Valued Added Tax (VAT) increase expected to take effect from February. The...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities while not forgetting the tech/economy...
Continental Reinsurance Plc, has delisted its entire 10,372,744,312 ordinary shares from the Nigerian Stock Exchange (NSE), bringing the shutters down on its over twelve years presence...
East African country, Uganda, has launched its 5th Generation network, and becomes the 3rd African nation to follow through. The launch, which was brokered by the...
The Nigerian Stock Exchange (NSE) posted its first two losses for 2020 this week as profit-taking dragged performance down on Tuesday and Wednesday. It rallied on...
Access Bank Plc has expanded into Kenya, to take over Nairobi-headquartered Transnational Bank Plc. A strategic masterstroke by all measure, venturing into Kenya positions the bank...
The Nigerian Stock Exchange ended Friday’s trading in the positive territory as it recorded gains in all its Key Performance Indicators (KPIs).A negative market breadth was...
Economic policies instituted by the Nigerian government are fighting back like a cornered fox. The National Bureau of Statistics (NBS) on Friday released its Consumer Price...
The Director-General of the Debt Management Office (DMO), Ms. Patience Oniha, said on Friday the country’s public debt stood at N26.215 trillion as of third quarter...
Food company, Flour Mills of Nigeria Plc, has announced the issuance of N20 billion “in medium terms bonds subject to appropriate pricing.” The firm made the...
The Federation Accounts Allocation Committee (FAAC) on Thursday shared a total of N716.298 billion to the three tiers of government for the month of December 2019....
Cab-hailing company, Bolt, has raised $55.84 to boost its global expansion and leverage on resources to compete favourably with contenders. The fund, which comes as a...
The Nigerian Communications Commission (NCC) has revealed that not less than a million subscribers have exited the Glo network. NCC, in its recent publication for November...
The Federal Government’s (FG) hope of achieving a seamless implementation of its 2020 budget suffered a set back Wednesday following the release of the Organisation of...
Despite how promising the Nigerian tech startup space has grown over the years, there appears a play of foreign favouritism over their local counterparts, creating an...
Sustained sell pressure in blue-chip equities led the Nigerian bourse on a step further downward on Wednesday causing the major performance indicators to end in the...
Access Bank Plc, on Wednesday, notified the Nigerian Stock Exchange (NSE), of the nod given it by the Nigeria’s apex bank, the Central Bank of Nigeria...
The Federal Government has started the enforcement of the 7.5 per cent increase of Value Added Tax (VAT) in accordance with the recently signed Finance Bill...
The share price of the London Stock Exchange (LSE)-listed Nigeria’s oil and gas exploration and production company, Lekoil Limited, suffered a free fall Tuesday, plunging by...
Indications emerged on Wednesday that the completion of the multibillion dollar, crisis-held Ajaokuta Steel Mill project was round the corner as the Nigerian Government unveiled plans...
Profit-taking activities in bellwether stocks accounted for the downturn in the Nigerian equity market Tuesday, ending the more than a fortnight reign of the bull in...
The signing of the Finance Bill into law by President Muhammadu Buhari on Monday has begun to have sweeping reverberations in the public space as the Organised Private...
President Muhammadu Buhari yesterday endorsed the constitution of two committees, with a mandate to deliver the Mambilla power project. The decision is a watershed moment for...
As debate over the 2019 Financial Bill continues from last year, with experts expressing divergent views on the seemingly complex nature of Nigeria’s revenue and tax...
The Nigerian Stock Exchange (NSE) extended its bullish run Monday on the back of rising demand for blue-chip companies. There are hopes that the landmark signing...
As more gift card trading platforms increasingly push and compete to improve services, Cardtonic, one of Nigeria’s vendors, has launched a mobile app that is thought...
Roughly three months after the presidency transmitted the draft Finance Bill to the National Assembly for legislative scrutiny and approval, final assent came its way this morning as...
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Oscar Onyema, said on Monday crude oil price and production, global economy, political stability and business...
As part of plans to improve the country’s broadband infrastructure within the next four years, the Nigerian Communications Commission (NCC) has released a new strategy blueprint...
Indications emerged on Sunday that the Transmission Company of Nigeria (TCN) will press for the recapitalisation of power distribution companies (Discos) in the country this year....
Throughout last week, the Nigeria Stock Exchange (NSE) recorded a bullish session as both the All Share Index (ASI) and the market capitalisation appreciated each day...
Hello, and welcome to Business Roundup this week. In this post, we bring you top highlights of events that happened during the week -from the capital market, mainstream business activities and economy build up. Here are...
The Federal Government (FG) posted a deficit of N3.73 trillion in its crude oil revenue between January and December 2019, a report from the Central Bank...
Series of bargain hunting actions, targeted at reaping from the potential impressive results of quoted companies boosted the key market indicators of the Nigerian Stocks Exchange...
The rate at which the consuming public borrows money to meet domestic needs and other personal financial obligations may take a plunge this year, a recent...
The Market Capitalisation of the Nigerian stock market crossed the N15 trillion mark today as the listing of the 33.8 billion shares of BUA Cement Plc...
The marriage of two cement subsidiaries under Abdulsamad Rabiu-led BUA Group – Cement Company of Northern Nigeria Plc (CCNN) and Obu Cement Company Limited – into...
KudiGo, a Ghanaian based smart retail solution company, has recently revealed plans to enter the Nigerian market, following its claimed success operating in Ghana since its...
The latest report from Petroleum Products Pricing Regulatory Agency (PPPRA) has revealed that a total of 19.18 billion litres of petroleum products was imported into the...
Nigeria’s daily oil output shortfall of 80,000 barrels was the biggest among the Organisation of Petroleum Exporting Countries (OPEC) for December 2019 according to ship-tracking data...
Strong indications have emerged that Nigeria’s oil and gas industry may suffer a major setback this year as some International Oil Companies (IOCs) in the country...
