The Nigerian National Petroleum Corporation Retail Limited has dragged the Natural Network Petroleum and Gas Company Limited and two others before Justice I.M. Sanni of a...
In from Success Allantee …. Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has cleared a total of 972 firms for operations in the...
In spite of failed past efforts to set up and maintain a national carrier after the demise of the Nigeria Airways established in 1971, the administration...
As part of moves to address challenges of traceability of export goods from Nigeria, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA),...
In from Smart Ali … Vice President Professor Yemi Osinbajo has maintained that the country cannot change its foreign exchange rules to satisfy portfolio investors. The...
The Federal Government has hinted of plans to suspend the payment of compensation to poultry farmers whose farms were infected by Avian Influenza (bird flu). The...
In what it said was an attempt to discredit it and strengthen its competitors, an indigenous airline in the country, Arik Air has declared as untrue...
The Central Bank of Nigeria (CBN) has promised to retain foreign currency controls because of concerns about slowing growth, Ripples has learnt. A senior bank official...
Following a leak in a pipeline system, the Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture has declared force majeure on exports from...
Even as Nigerians hope and pray for improved electricity power supply, available supply has dipped from 4,008.53Mega Watts (MW) to 3,619.70MW as at Wednesday, according to...
On the last day of September and eve of Nigeria’s 55th independence anniversary, Nigerian equities witnessed a strong rally as investors continued their positioning for the...
The epileptic power supply in the country may soon become a thing of the past as the present administration is planning to boost the current electricity...
In from Success Allantee … Nigerian equities continued on the uptrend yesterday as investors wait with baited breaths for the announcement of ministerial members of the...
In from Ali Smart … The Central Bank of Nigeria (CBN) on Tuesday sold N53.08 billion worth of treasury bills in a bid to mop up...
In from Success Allantee … Securities and Exchange Commission (SEC) has said a total of 384 capital market operators have fully complied with the new minimum...
In line with its threat to reduce by half Nigerian bonds listed on JP Morgan’s emerging markets bond index (GBI-EM), the U.S. bank said on Tuesday...
The Nigerian Association of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA) on Tuesday decried the banning of Nigerian products and farm produce, by European Union,...
The slow pace of implementation of the auto policy is making most local investors in the automobile sector think twice about their involvement, and this is...
In from Success Allantee … Less than 72 hours to the self-imposed deadline by President Muhammadu Buhari for the formation of his executive cabinet, investors at...
In from Ali Smart … Worried over the dwindling fortunes of the nation’s steel sector, stakeholders have impressed on the government, the need for an intervention...
In from Ali Smart … Worried by the reduction in the nation’s oil receipts as a result of dwindling oil prices in the global market, the...
In from Ali Smart … Mr. Remi Ogunmefun, Director General, Manufacturers Association of Nigeria (MAN) has described as scandalous the unprecedented level of taxes levied against...
The National Pension Commission (PenCom) has lamented, that in spite of its efforts to stimulate growth in the economy by making available the N3.95 trillion pension...
Stress can come from everywhere – career, school, family, relationships, health – and especially money. Psychologists have reported that money remains the number one stressor for...
Volkswagen AG has appointed Porsche brand chief Matthias Mueller as its new CEO and announced the departure of top executives in a sweeping overhaul to begin...
Any refinery of the Nigerian National Petroleum Corporation (NNPC) that fails to perform optimally by the end of December may be put up for sale, the...
Despite the extension of the deadline for the Biometric Verification Number (BVN) the Central Bank of Nigeria (CBN) has said that 32 million active bank accounts...
To guard against flour products lacking in essential nutrients in the market place, the Standards Organisation of Nigeria (SON) has said flour mills that sell such...
Nobody, least of all Nigeria’s new president, has said that rooting out the rot in the political system will be easy. When he took office in...
In from Success Allantee … The stock market sustained its positive performance today as highly capitalised stocks roused the market to average gain of 0.4 per...
The traffic congestion and disasters caused by tankers may soon be a thing of the past as the Nigerian Railway Corporation (NRC) has said that it...
Between January and July 2015, the federal government spent N222.1 billion on fuel subsidy which was not captured in the budget, and the House of Representatives...
In from Success Allantee … Quoted equities expectedly responded positively to the easing in monetary policy stance as average return at the Nigerian Stock Exchange (NSE)...
In from Success Allantee … Saham Finances S.A, the insurance arm of the Saham Group founded by Moroccan tycoon Moulay Hafid Elalamy, has acquired the majority...
In the hope of getting affordable loans for investors in the power sector in order to boost the supply of electricity, the government has commenced talks...
Though the federal government had emphasised that its directive on the Treasury Single Account (TSA) arrangement would streamline government’s earnings, and reduce corruption, it has however...
In from Success Allantee … Quoted equities reopened yesterday with a tinge of downtrend, carrying over the negative overhang that closed the market on Friday. The...
The Nigerian National Petroleum Corporation (NNPC) in order to meet its counter-part funding of joint Venture (JV) upstream activities has secured a $1.2 billion (about N238.6bn)...
Following the Wednesday’s discharge of the ex-parte order obtained against SEC by BGL Plc and its subsidiaries, the Securities and Exchange Commission (SEC), Nigeria’s apex capital...
In from Success Allantee… Banking stocks were toasts of investors last week at the Nigerian stock market as investors anticipated the possible decisions of the Monetary...
The argument in some quarters that the bailout loans given to states by the Federal Government ought not to be used mainly to pay workers’ salaries...
Citing lower government and external debt, plus ample oil reserves, the rating agency Standard & Poors Standard and Poor’s Ratings Services (S&P) has affirmed Nigeria’s long-...
In from Ali Smart … As the Nigerian Monetary Policy Committee (MPC) prepares to sit from Monday and Tuesday, indications are that the think-tank group of...
In from Ali Smart … In efforts to help develop Small and Medium Enterprises (SMEs) the Bank of Industry (BoI), has secured a $100 million line...
In from Ali Smart … In order to secure pension funds and ensure stable returns, over N3.25 trillion pension funds out of a total of N5...
In from Success Allantee … Nigerian equities continued its cautious upward trend yesterday as a mix of bargain-hunting and cautious trades continued to moderate the overall...
In from Ali Smart … Nigeria’s entertainment and media market hold a lot of promises as they are expected to gross at least $8.1billion in revenue...
In from Olumide Olaoluwa … A number of state governments in the country will soon get financial relieve as the National Economic Council (NEC) has approved...
A Federal High Court in Lagos has cleared the way for the Security and Exchange Commission (SEC) to go ahead with its plan to expel the...
In fulfillment of federal governments directive that all Ministries, Departments and Agencies (MDAs) should close their various account with commercial banks and deposit the funds in...