While in France, President Muhammadu Buhari is taking canvassing more foreign investments into the country by assuring investors in that country and other parts of the...
After raking in N326 billion in two successive trading sessions, Nigerian equities slowed down yesterday as investors sought to lock in capital gains and rebalance their...
It seems concerted opposition by electricity consumers in the country has not dissuaded regulatory agencies, or providers of electricity in the country, as they have insisted...
Nigerian equities opened this week with widespread buying sentiments as investors anticipate the announcement of the members of the cabinet of President Muhammadu Buhari and the...
Seemingly uncomfortable with the role of consultants in collecting revenue on behalf of the federal government the Federal Inland Revenue Service (FIRS) has said that ta...
Nigeria’s Inflation rate in August rose to its highest level since February 2013, and above the Central Bank of Nigeria’s June upper limit of nine per...
In from Success Allantee … Nigerian equities shook off the mid-week scare caused by the announcement of the decision of JP Morgan to exclude Nigerian sovereign...
Barring any last minute change, which the presidency has already put down, federal ministries, departments and agencies would close their bank account in commercial banks across...
In from Ali Smart … The Lagos Chamber of Commerce and Industry (LCCI), has decried the parlous state of economy, saying the manufacturing and the service...
In from Ali Smart … Shortage of long-term financing since the 2008 crisis is choking the investment-backed growth of companies in developing countries and hampering the...
About two weeks after he was named by President Muhammadu Buhari to head the agency as Comptroller-General of Nigeria Customs Service (NIS) Col. Hameed Ibrahim Ali...
As part of efforts to ensure that Nigerians enjoys regular supply of fuel, and to optimize the nation’s refining capacity, the Kaduna Refinery will resume the...
Having failed in his bid to use the courts to obtain immunity from arrest, the Economic and Financial Crimes Commission (EFCC) yesterday picked up the Group...
Nigerian equities pulled back from the steep decline that greeted Tuesday’s JP Morgan announcement of removal of Nigerian bonds from its government index. Against the background...
The Nigerian stock market expectedly reacted sharply but negatively to Tuesday’s announcement of the delisting of Nigerian government bonds from the JP Morgan’s emerging markets bond...
Apparently disturbed by the financial mess that has turned some states to ‘beggars’ before the Federal Government, the Central Bank of Nigeria (CBN) has advised the...
Diageo Plc, the parent company of Guinness Nigeria Plc, yesterday (Wednesday) announced that it plans to acquire additional equity stake to increase its majority equity stake...
All major telecommunications service providers in the country will have their time in the dock on September 17 as a Federal High Court in Lagos has ordered...
Keen on returning sanity to petroleum products distribution and marketing, the federal government is seriously considering establishing back-up refineries to entrench a culture of efficiency. This...
In from Success Allantee … The benchmark index at the Nigerian stock market rose for the third consecutive day yesterday as investors dug deeper into value...
In from Success Allantee … Nigeria might be at a risk of enormous capital flight as JP Morgan has said it would delist the country from...
In from Success Allantee … Stanbic IBTC Holdings Plc, the holding company for Stanbic IBTC Bank Plc has fallen into troubled waters, as Financial services regulators...
In from Success Allantee … The Nigerian stock market reopened yesterday with sustained positive sentiments as investors took positions in undervalued stocks ahead of the expected...
One of Nigeria’s leading banking institutions, FBN Holdings Plc, Monday evening announced major changes to its leadership team that will take effect January 1 2016. Folake...
In from Ali Smart … As part of efforts to assist ailing companies in the country from going under, the Corporate Affairs Commission (CAC) has set...
In today’s knowledge economy, people are often a company’s most valuable asset, and losing talented employees can be extremely expensive. Laszlo Bock, the SVP of Google’s...
Following a review of toxic crude oil for refined products swap contracts, the NNPC has been able to recover about N55 billion ($227 million). Senior Special...
In from Ali Smart … In its quest to boost the revenue profile of the Federal Inland Revenue Service (FIRS), the Acting Executive Chairman (FIRS), Mr....
In from Success Allantee … Foreign portfolio investors have so far this year taken out more funds than they invested as investors weighed political and macroeconomic...
In from Success Allantee … Nigerian equities witnessed considerable recovery last week as improved corporate earnings and interim dividends combined with significant undervaluation of several stocks...
In from Ali Smart … Nigeria Postal Services (NIPOST) has the potential to generate at least N1trillion annually into the national coffers, the Senior Assistant Postmaster-General,...
Nigeria economy appears to be enjoying high profiling as it has moved up five steps in the World Bank recent ranking on the ease of doing...
In from Ali Smart … Hope may be rising for Nigeria as the Japanese International Co-operation Agency (JICA), has unveiled a comprehensive master plan study on...
The Manufacturers Association of Nigeria (MAN) has told President Muhammadu Buhari to be cautious in his economic policies formulation. The association which expresses concern about the...
A survey of prices of international grade hotels in selected major African cities has revealed that Addis Ababa is the most expensive place for a good...
Nigeria is set to host the second edition of World Pension Summit (Africa Special) slated for October 5 and 6. The Director-General of National Pencom Commission,...
A whopping N814.78billion will be auctioned through Treasury Bills by the Central Bank of Nigeria (CBN) in the fourth quarter of the year. Specifically, the apex...
In from Ali Smart … The World Bank is in a dilemma. Reason: it is cash-strapped and is subsequently asking for lifelines from wait for this:...
In from Success Allantee … The Nigerian equities market sustained a second consecutive day in the red as losses suffered by some highly capitalised stocks overshadowed...
The board of directors of United Bank for Africa (UBA) Plc on Thursday declared interim dividend of N7.2 billion as the bank’s half-year earnings report showed...
In from Ali Smart … Nigeria’s Micro Small and Medium Enterprises (MSMEs) lags behind other African nations in terms of access to finance, a report by...
In from Ali Smart The Director General, Industrial Training Fund (ITF) Juliet Chukkas Oneako has raised the alarm that the few industries available can hardly accommodate...
In from Ali Smart … More states including Ebonyi, Osun and Niger have received the much promised bailout by the Central Bank of Nigeria (CBN) Ripples...
By Richard Branson … When you think about innovation, do you think about Silicon Valley and technological advances and companies with big research and development budgets?...
In from Success Allantee … After a four-day rally orchestrated by intense bargain-hunting and increased demand for equities, selling pressure re-emerged yesterday at the Nigerian Stock...
In from Ali Smart … Stanbic IBTC Bank Plc is being investigated by the Financial Reporting Council of Nigeria (FRCN) for allegedly engaging in unapproved transactions...
In from Ali Smart… Apparently discomfited over the nonchalant attitude of banks towards supporting the ailing sectors of the economy, especially the small and medium scale...
In from Success Allantee … Banking stocks were the toasts of investors yesterday as Nigerian equities rallied additional capital gains of N186 billion in the five-hour...
To survive the global crash in crude oil prices, African countries whose economy are tied to the sale of the product will need to address fuel...
As part of efforts to curb crude oil theft, the Nigerian National Petroleum Corporation is to employ new technology by deploying drones to monitor the inwards...