In from Ali Smart . . . The incidences of electronic fraud in the banking sector seems to be on the increase, as Nigerian banks have...
The latest report from the World Bank has placed Nigeria as 169 out of 189 countries surveyed on the ease of business worldwide, moving the country...
The Nigerian National Petroleum Corporation (NNPC) on Tuesday commenced bid rounds for 278 oil companies in attempts to take care of over 20 unsold cargoes in...
Nearly three out of every four stocks that witnessed price changes at the Nigerian stock market yesterday ended in the red as investors continued to react...
Oando Plc recorded a pre-tax loss of N52.03 billion in the third quarter, continuing a string of losses that has significantly impaired the assets and share...
In from Success Allantee . . . The Nigerian Stock Exchange has indicted and sanctioned Union Diagnostic & Clinical Services Plc, an indigenous medical diagnostics company,...
The share price of MTN Group, owners of telecommunications company, MTN Nigeria fell by 12 per cent yesterday on the Johannesburg Stock Exchange (JSE), as news...
The Central Bank of Nigeria, over the weekend, made good its threat to sanction commercial banks that failed to comply with the directive for a Treasury...
The Financial Reporting Council (FRC) has suspended the registration of four directors of Stanbic IBTC and that of its audit engagement partner, KPMG for what it...
The Jabi Branch of Zenith Bank PLC was on Monday sealed by Officials of the Abuja Environmental Protection Board (AEPB) for over two hours over alleged...
Following a directive by the Central Bank of Nigeria (CBN) which stipulated the use of BVN for all foreign exchange transactions mandatory from November 1st, 2015,...
In from Nigerian equities recorded a modest week-on-week gain of 0.60 per cent, equivalent to N61 billion, last week as a large inflow of corporate earnings...
In from Timothy Enietan-Matthews (Nation’s capital) . . . The Central Bank of Nigeria (CBN) has dismissed calls by the Emir of Kano, Alhaji Mohammed Sanusi...
The Nigerian Copyright Commission (NCC) at the weekend intensified its war on piracy when it confiscated pirated books and compact discs worth over N1.4billion in Kaduna....
in from Ali Smart . . . Retirees of the Power Holding Company of Nigeria (PHCN) have impressed on President Muhammadu Buhari the need to revisit...
The nation has not been placed on travel ban neither is her airspace under any kind of threat, the Nigerian Civil Aviation Authority (NCAA) has said....
Dangote Refining and Petrochemical Plant has hinted of plans to begin operation in 2018. When completed, the plant will have refining capacity of 650,000 barrels per...
Speculations around whether or not the present administration will reduce pump price of petroleum products have been clarified, as Vice-President Yemi Osinbajo has said government is...
In from Ali Smart In spite of reports that the Muhammadu Buhari administration plans to float a national carrier, there are indications that it is yet...
The Nigeria Deposit Insurance Corporation (NDIC) has expressed sadness in the spate of forgeries and other related crime in the nation’s banking sub-system. Raising this concern...
The Nigerian Stock Exchange (NSE) continued to trade in the red zone in spite of additional inflow of earnings reports from several companies. Not less than...
The nation’s solid mineral sector has the potential to generate over 10 million jobs for the country if well-harnessed, President of Nigerian Mining and Geosciences Society...
Few days shy of the October 31 deadline for customers to complete their Bank Verification Number, the Central Bank of Nigeria has foreclosed the possibility of...
In its determination to ensure provision of sustainable energy to all, the country hopes to generate 12, 000 Mega Watts of electricity by 2020. Giving this...
In from Success Allantee . . . After four days of consecutive upswing, investors turned round yesterday to take and lock in profits from recent capital...
In from Success Allantee . . . Access Bank Plc on Wednesday released its third quarter earnings report indicating significant growths in incomes and profitability. The...
Retirees of First Bank of Nigeria are at daggers drawn with the Bank’s management over the nonpayment of their pension arrears, Ripples has learnt. Consequently, the...
The high interest rate being charged has prevented a lot of prospective women from benefiting from the much publicised Micro, Small and Medium Enterprises (MSMEs) N220...
In from Smart Ali . . . The House of Representatives on Tuesday hinted that it would investigate the revenue generated by the Nigerian National Petroleum...
In from Ali Smart . . . The House of Representatives has concluded plans to probe the Nigerian Investment Promotion Council (NIPC) over the N1.85trillion pioneer...
The Nigerian National Petroleum Corporation (NNPC) on Tuesday denied any link with the failed bid by an Indian company, Oil and Natural Gas Corp-Mittal Energy Limited...
In from Success Allantee . . . Nigerian equities rode on the back of widespread positive sentiments to sustain a rally for the second consecutive day...
Shocked by the outcome of its investigation into the alleged abuse of rice waivers’ policy in the country, the Senate Ad hoc Committee on Rice Waivers...
In from Success Allantee . . . Nigerian equities got a major lift from Dangote Cement Plc as Nigeria’s most capitalised quoted company rallied on the...
Microfinance institutions in Nigeria on Monday said they have contributed a total of N185 billion into the country’s formal economy. President, Association of Non-Bank Microfinance Institutions...
A lot of questions are being raised concerning the whereabouts of N5.2billion ($25m) cash paid by an Indian firm for an oil block nine years ago....
To guard against loss of lives as a result of electrocution and down time on networks all due to use of substandard electricity equipment, the Federal...
In what it said were efforts to encourage industrial activities and boost job creation, the Akwa Ibom state government said it will offer 1,000 operators of...
In from Success Allantee . . . For an average investor that had bought shares on the Nigerian stock market at the onset of this year,...
In from Success Allantee . . . Nigeria’s highest-price oil and gas stock, Forte Oil Plc recorded a steep decline in sales in the third quarter...
The country loses N345 billion to smuggling of Shea products yearly, the Executive Secretary/Chief Executive Officer of Nigerian Export Promotion Council, Mr. Olusegun Awolowo has said....
In from Timothy Enietan-Matthews (Nation’s capital) . . . The Director General of the National Automotive Design and Development Council (NADDC), Aminu Jalal, has announced the...
Edo State governor, Comrade Adams Oshiomhole has argued that only a strict tax system can salvage the country in its present credit crunch. The governor gave...
In from Timothy Enietan-Matthews (Nation’s capital) . . . A planned cut of gas supply by Nigeria to Ghana from Friday, has been delayed, as the...
In from Ali Smart . . . The Trade Union Congress of Nigeria (TUC) on Thursday vowed to resist any move to further increase electricity tariff...
Nigerian President Muhammadu Buhari has taken his first steps towards overhauling the state owned oil firm by giving its exploration joint ventures control over their own...
In from Success Allantee . . . United Bank for Africa (UBA) Plc yesterday released its interim earnings report for the third quarter, showing appreciable growths...
In from Success Alllantee . . . As the National Assembly formally cleared the first batch of Ministerial nominees, Nigerian equities broke away from a two-day...
In from Success Allantee . . . Many analysts said they expected inflation rate to increase successively in the period ahead as the National Bureau of...
in from Success Allantee … . Nigerian equities suffered a major reversal yesterday as the National Bureau of Statistics (NBS) announced another rise in inflation rate...