Trading activities on the floor of the Nigeria Stock Exchange (NSE) on Monday ended on a negative note to erase previous gains, as investors’ sentiment weakened....
Trade experts across the nation have been charged to examine inherent opportunities and ways of mitigating the risks associated to a new global order of international...
Nigerian Civil Aviation Authority (NCAA) on Sunday announced that Air Operators Certificate of FirstNation Airways has been suspended indefinitely. The suspension was contained in a statement...
The Nigerian National Petroleum Corporation (NNPC) Sunday said it has appointed Mallam Mele Kyari, the Group General Manager in charge of its Crude Oil Marketing Division,...
The Federal Government of Nigeria says it will be closing the 2017 fiscal year with spending on capital projects in excess of N1.5 trillion. Kemi Adeosun,...
The National Agency for Food and Drug Administration and Control (NAFDAC) has reopened three pharmaceutical companies that were implicated in the illegal manufacture and distribution of...
The whistleblowing policy of the Federal Government has again recorded another success as government recovered N13.8 billion from tax evading companies. It also paid a sum...
The local bourse recorded a bearish performance this week as the sustained profit taking in bellwethers dragged the market index on 4 of 5 trading sessions....
The total capital importation into Nigeria in the first quarter of 2018 rose for the forth consecutive quarter since the second quarter of 2017 with portfolio...
The Nigeria Extractive Industries Transparency Initiative (NEITI) said the amount disbursed by the Federation Account Allocation Committee (FAAC) in the first quarter of 2018 rose to...
Finance Minister, Kemi Adeosun, said the Federal Government was determined to drive its economic growth plan through mobilization of more revenues. The Minister made the disclosure...
The Senate has said that the report by the Joint Senate and House of Representatives’ Committee on Appropriation on the 2018 Appropriation Bill will be considered...
The Federal Executive Council (FEC) in its meeting on Wednesday gave approval for a sum of N1.365 billion for the procurement of new equipment for the...
Vice President Yemi Osinbajo, on Wednesday, said the number of active Nigerians who pay taxes to government increased by five million from a year earlier, saying...
The Nigeria National Petroleum Corporation (NNPC), on Tuesday, rescinded Vice President Yemi Osinbanjo’s statement over the payment of fuel subsidy, saying the federal govoernment is responsible...
Dr. Maikanti Baru, Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), has disclosed that the downstream subsidiary of the corporation, the NNPC Retail Limited,...
A World Bank Mission, comprising of 10 Executive Directors, is expected in Nigeria on Wednesday. While here they are billed to hold high-level discussions with the...
Nigeria has been advised to widen its tax revenue base to fund infrastructural projects and social development programs capable of spurring growth in the nation’s economy....
The Central Bank of Nigeria (CBN) has said the $36.37bn Federal Government spent on the importation of petroleum products between 2013 and 2017 greatly contributed to...
Equities traded on the Nigerian Stock Exchange (NSE) on Monday resumed its negative trend amidst price gains after it closed trading activities last Friday in the...
Socio-Economic Rights and Accountability Project (SERAP) has called on the Minister of Power, Works and Housing, Mr Babatunde Fashola, to provide information on spendings on the...
The consistent decline in Nigeria’s inflation rate since January 2017 is projected to take an opposite trend after 15 months of consecutive reduction if the proposed...
The value of transactions recorded in the Nigerian banking sector rose by N3.04 trillion in the first quarter of 2018 Also, the number of bank staffs...
Nigerian equities recorded a marginal decline of N9 billion in the immediate past week as the investing public continued to await the passage of the 2018...
Transactions of traded equities on the floor of the Nigerian Stock Exchange (NSE), on Friday, ended the week on a positive note, as market indicators took...
The Federal Government of Nigeria has said that the introduction of 4G broadband network in the country will serve as a catalyst for development. The Minister...
Dangote Cement, which recorded 1.1 per cent loss to close at N245.20 per share, and Nigerian Breweries, which declined by 1.4 per cent to close at...
The long awaited currency-swap deal with the Chinese government, which seemed to be on hold for over two years after President Muhamadu Buhari visited China in...
The Central Bank of Nigeria (CBN) on Thursday signed a bilateral currency swap deal with the Peoples Bank of China (PBoC) a statement by the CBN...
The Group Managing Director of Nigeria National Petroleum Corporation (NNPC), Maikanti Baru, on Wednesday stated that the corporation would ensure zero routine flares from all the...
Diamond Bank Plc has failed to meet the extended deadline for the submission of the audited report and accounts of the bank for the immediate past...
Nigerian equities started this month on a broad but modest rally as bargain-hunting for value stocks added N13 billion net capital gain to market value of...
The World Bank has said that though Nigeria in 2017 escaped the unprecedented economic downturn it found itself soon after President Muhammadu Buhari emerged President in...
Average return at the Nigerian equities market declined by 0.57 per cent in April to close the four-month period at 7.91 per cent compared with 8.53...
President Muhammadu Buhari and the opposition People’s Democratic Party (PDP) on Monday disagreed over how the president should woo investors from the United States of America...
Nigerian equities recorded their best performance in three months in the immediate past week with a net capital gain of N197 billion as investors scurried to...
Federation Account Allocation Committee (FAAC) on Thursday distributed the sum of N626.82 billion to the three tiers of government. This came after two days of disagreement...
Diamond Bank Plc has signed a Share Sale and Purchase Agreement with a member of GFG Alliance, for the disposal of the entire shareholding in Diamond...
As Nigerian banks prepare for a new cycle of capital raising, Access Bank Plc has secured shareholders’ approval to raise up to $1.5 billion under a...
Just like last month, the Federation Account Allocation Committee (FAAC) on Wednesday failed to meet as scheduled to consider and approve statutory allocation for the month...
The topsy-turvy market situation at the Nigerian stock market continued on Wednesday as selloffs among large-cap stocks reversed the overall market position to the negative with...
Nigerian equities staged a modest recovery on Tuesday as investors stepped up bargain-hunting for value stocks in the influential sectors. Benchmark indices at the Nigerian Stock...
Former Vice President Atiku Abubakar has accused the President Muhammadu Buhari-led Federal Government of discouraging investors from coming into the country. He said that the government...
After losing N41 billion in net capital depreciation last week, Nigerian equities reopened on Monday on the same downtrend, despite release of many corporate earnings for...
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has told senior staff of the Fiscal Affairs Department of the International Monetary Fund (IMF) that...
Finance Minister, Kemi Adeosun and the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Sunday gave explanations on why they did not attend...
Nigerian equities were among the contrarian as global equities rallied on the back of strong optimism on global economic outlook. Despite first quarter 2018 earnings reports by early filers...
The Emir of Kano State, Sanusi Lamido Sanusi, has rued how the Federal Government fails to grab opportunities to attract foreign investors into Nigeria. Citing an...
Nigeria’s most capitalised quoted company-Dangote Cement Plc roused the equities market to a rebound on Thursday with a net capital gain of N36 billion. Despite the...
The World Bank has expressed concern over the alarming rate at which Nigeria and other African countries’ debts are rising. In its ‘Africa’s Pulse’, a biannual...