The stock market continued its bullish run at the close of trading on Tuesday following the listing of Airtel Africa on the local bourse. Airtel completed...
The Nigerian Stock Exchange (NSE) on Tuesday accepted the planned Cross Border Secondary Listing of 3,758,151,504 ordinary shares of Airtel Africa Plc at N363. This is...
The Standards Organisation of Nigeria (SON) on Monday said it would destroy N38m worth of substandard roofing sheets found in a Lagos warehouse. The Director, Inspectorate...
The African Export-Import Bank (Afreximbank) has revealed that it is providing a grant of $1 billion to African countries to support the implementation of the African...
The losing streak in the local bourse was halted in the first trading session of the week as buying interest in FLOURMILL (+10.0%), FBNH (+2.4%) and...
The Department of Petroleum Resources (DPR) has closed down 17 illegal LPG stations in Ibadan. Mr Oluyemi Olaonipekun, the Operations Controller of Ibadan Field Office of...
The Nigerian National Petroleum Corporation (NNPC) has been described as one of the Federal Government agencies that has always made efforts to check corruption. The claim...
African Union (AU) leaders will gather in Niger on 7 July for an Extraordinary Summit to discuss the African Continental Free Trade Area. They will be...
President Muhammadu Buhari on Sunday signed the Agreement Establishing the African Continental Free Trade Area (AfCFTA).
The Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA) is in talks with the Central Bank of Nigeria (CBN) to see that agriculture...
The Maritime Workers Union of Nigeria (MWUN) has suspended the its two-day-old strike following the intervention of management of the Nigerian Ports Authority (NPA) The union...
The Nigerian Stock Exchange (NSE) on Friday announced the postponement of listing of telecommunications company, Airtel Africa Plc on the local bourse. This was contained in...
The Lagos Chamber of Commerce and Industry (LCCI) has raised the alarm over the high inflation rate and debt profile of the country. The Chamber also...
Deposit Money Banks, DMBs, in the country can now operate mobile money wallets without getting approvals from the Central Bank of Nigeria, CBN, the apex bank...
The indefinite strike embarked upon by Maritime Workers Union of Nigeria has entered day two. The workers began the nationwide strike yesterday following the expiration of...
The bearish performance of the local bourse was on Wednesday extended into the third consecutive session as sell pressures in DANGCEM (-1.6%), ZENITH (-1.0%) and MOBIL...
The President of the Lagos Chamber of Commerce and Industry, Mr Babatunde Ruwase, has demanded the reversal of the new import duty exchange rate set by...
The Distribution Companies (DisCos) have faulted poor transmission network protection mechanism by the Transmission Company of Nigeria (TCN) for the nine grid system collapses recorded in...
Gas producers in the country have said they are being owed N1.3 trillion by power generation companies (GENCOs). The first Vice President, Nigerian Gas Association, Mr...
The Organisation of Petroleum Exporting Countries (OPEC) and the non-member countries of the organisation on Tuesday signed a draft `Charter of Cooperation’ in a bid to...
The Nigerian Stock Exchange (NSE) has announced the suspension of trading in the shares of 11 companies. According to a statement on Tuesday by the NSE...
Shell Petroleum Development Company, SPDC, in Rivers State on Tuesday signed a Memorandum of Understanding (MoU) with host communities to reopen operations on Oil Mining License,...
Investors at the local bourse on Monday lost N155.2bn as market begins second half on a bearish note at the Nigerian Stock Exchange (NSE). All-Share Index...
The Nigerian Content Development and Monitoring Board (NCDMB) Monday, disclosed that from September, it would begin the clampdown of oil and gas companies operating in the...
Internally Generated Revenue of the 36 states and FCT rose from N800 billion in 2016 to N1.16 trillion in 2018. This was disclosed on Monday by...
Investors in Nigerian equities suffered average depreciation of 4.66 per cent in their portfolios during the first half of this year. This is equal to a...
Host communities of Oil Mining lease (OML)-25 in Kula Kingdom, Akuku-Toru Local Government Area of Rivers State have denied agreeing to the re-opening of the oil...
It has been revealed that the blackout experienced across the country is as a result of a fire outbreak on the Benin 330KV transmission line reactor....
Airtel Africa on Friday announced the successful pricing of its Initial Public Offering at N363 per share on the Nigerian Stock Exchange, and 80 pence per...
The wide outcry that greeted the introduction of new tariffs on pharmaceutical, food and allied products, has forced the National Agency for Food and Drug Administration...
The Manufacturers Association of Nigeria, MAN, has lamented that the level of industrialization in the country is too low, contributing just 10 percent of the nation’s...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) has called on stakeholders, its host communities of Belema, Offoin-Ama and Ngeje in Kula Kingdom, Akuku-Toru Local...
Organized labour in the country including the Trade Union Congress (TUC) and Nigerian Labour Congress (NLC) have expressed more worries at the gloomy economic state of...
Thursday’s trading session recorded a gain as the All Share Index (ASI) of the Nigerian Stock Exchange climbed higher by 47bps to settle at 29,749.35 points...
Nigeria loses about $6billion annually owing to the lack of indigenous shipping companies in the ownership and operation of international carriage of goods, the Nigerian Shippers’...
The Securities and Exchange Commission (SEC) on Wednesday said it has commenced the implementation of the report of its Technical Committee on Commodities Trading Ecosystem. The...
THE National Bureau of Statistics (NBS) on Tuesday said Nigeria’s Terms of Trade (ToT) rose by 2.3 percent in the first quarter of 2019 (Q1’19). ToT...
The Nigeria Employers’ Consultative Association (NECA) on Monday reacted to calls by President Muhammadu Buhari to state governments to increase Value Added Tax (VAT) in order...
Oando Plc on Monday urged the Federal High Court in Lagos to join it in the lingering face-off between the company’s suspended Group Chief Executive Officer...
The Federal Government on Monday inaugurated the Board of the Securities and Exchange Commission, SEC. The board which has Mr. Olufemi Lijadu as Chairman was inaugurated...
The Governor of the Central Bank of Nigeria (CBN) on Monday said the country’s external reserves have risen from $23 billion in October 2016 to over...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Monday said his second term would witness the recapitalisation of the banking system. Emefiele made the...
The Director of the Treasury Single Account (TSA), Sylva Abor, has said that some Federal Ministries, Departments and Agencies are still operating illegal accounts outside the...
The President of African Development Bank (AfDB), Dr Akinwunmi Adesina, has said the menace of banditry and kidnapping and other unrest facing the country could only...
The Buhari Media Organisation, BMO, has described as false, a report by the United Nations Conference on Trade and Development(UNCTAD) that Nigeria’s Foreign Direct Investments(FDI) plunged...
Vice President Yemi Osinbajo on Saturday revealed plans by the Federal Government to solve the longtime problem of gridlock at Apapa roads in Lagos. Osinbajo, while...
The Organisation of the Petroleum Exporting Countries (OPEC) and the Nigerian Extractive Industries Transparency Initiative have commended Mr Mele Kolo Kyari’s appointment as NNPC boss. The...
The Central Bank of Nigeria (CBN) Friday disclosed its intentions to engage authorised currency dealers in a meeting to discuss development in the foreign exchange market....
The Tax Appeal Tribunal, South East Zone on Monday ruled that pensioners would not be included under the Personal Income Tax Act (PITA). The three-man panel...
President Muhammadu Buhari has given the 36 state governments a mandate to increase revenues in their respective States. Buhari also urged the governors to raise the...
