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...
In from Success Allantee … The Nigerian stock market yesterday rode on the back of a strong sense of optimism and increased demand for shares to...
The amount of electricity supplied by the Transmission Company of Nigeria (TCN) which peaked at 4,810.7 megawatts (Mw) on August 25 dropped to 4,029.83Mw at the...
G. Cappa, Plc, a Building and Civil Engineering Construction Company in Nigeria, has lost the ownership of its property situated at 8 Taylor Road, Ebute Metta,...
The profitability, asset quality, liquidity and capital ratios presently being displayed by Nigerian banks are worrisome, according to Fitch Ratings. The body has ascribed the worrying...
The Permanent Secretary, Federal Ministry of Agriculture and Rural Development, Sonny Echono, has said that the Federal Government intends to review the import policy on rice...
in from Success Allantee … Most quoted companies at the Nigerian stock market will open on Monday at their lowest price range in the past one...
The National Pension Commission has issued draft guidelines on how workers can assess and make withdrawals from their Retirement Savings Account (RSA) while still in active...
The Federal Inland Revenue Service under the new leadership of the Babatunde Fowler has revealed that only 125,000, amounting to 27.7 percent of the 450,000 companies...
In from Ali Smart Nigeria spends over $1.5 billion annually in the importation of tomato products from China and other parts of the world, Dr Husaini...
The Warri Refineries was on Monday shut down by the Nigerian National Petroleum Corporation (NNPC) over non availability of crude oil in the system. This was...
In from Ali Smart … The Central Bank of Nigeria (CBN) has taken strategic steps to ensure that the level of fraud arising from e-payment transactions...
Of about 285 Nigerian companies that submitted applications and underwent screening for the establishment of private refineries in the country, only 65 were able to scale...
In from Success Allantee … After losing N571 billion in the first three trading sessions of this week, the Nigerian stock market on Thursday staged a...
In from Ali Smart … The Corporate Affairs Commission (CAC) has concluded plans to partner with the Federal Inland Revenue Service (FIRS) to ensure the integration...
Managing Director of the Niger Delta Development Commission (NNDC) Mr. Dan Abia, has denied that any money is missing from the coffers of the intervention agency,...
The Nigeria National Petroleum Corporation (NNPC) has terminated the Offshore Processing Agreements (OPAs) contracts awarded to some companies during the last administration of President Goodlucck Jonathan....
Dangote Cement Plc yesterday signed a $4.34 billion contract with a Chinese construction company, Sinoma International Engineering Company Limited towards expansion of the cement company’s production...
In from Success Allantee… Nigerian equities remained in the red as the third consecutive day of losses pushed the average year-to-date return at the stock market...
In from Ali Smart … For states government still struggling to pay salary arrears owed workers in their various states, the Central Bank of Nigeria (CBN)...
In from Ali Smart … Access Bank PLC has hinted of plans to raise fresh funds from the capital market shortly after it realised N41.8 billion...
In from Ali Smart … Mr. Babatunde Fowler, the Acting Executive Chairman, of the Federal Inland Revenue Service, has pledged to partner with relevant stakeholders to...
The downtrend at the Nigerian stock market brought the market to a new low yesterday as aggregate market value of all quoted companies on the Nigerian...
In from Ali Smart … Dr. Sam Amadi, Chairman, Nigeria Electricity Regulatory Commission (NERC) has hinted of plans to increase power generation to over 6,000 Mega...
In from Success Allantee … Nigerian equities lost N228 billion in five hours of trading yesterday as the worsening crisis in the China stock market triggered...
In from Ali Smart … Eleven states are to pay 14.83% interest to service their debts, Ripples has learnt. Director General of the Debt Management Office...
The Central Bank of Nigeria (CBN) says that energy companies in the country are indebted to commercial banks to the tune of about N3.673 trillion. This...
Following reports and allegations of alleged mismanagement of funds, and contract splitting in the Niger Delta Development Commission (NDDC) running into billions of Naira, President Muhammadu...
Instead of destroying local refineries tagged as illegal, Oil Producing Area Association of Nigeria (OPAAN) has appealed to the federal government to legalise such refineries, so...
The current cash crunch and liquidity flow that has hit the country which has made many states unable to pay salaries, may yet worsen as international...
Despite the deepening global market rout where some investors are counting losses, Alhaji Aliko Dangote, the President of Dangote Group and 10 others people are counting...
Investors in banking and insurance stocks were the worst hit in the downtrend that pervaded the Nigerian stock market last week, with banking and insurance investors...
The Nigerian Electricity Regulatory Commission (NERC) in line with a resolution passed by the Senate ordering it to look into complaints by consumer of electricity over...
By Chris Aligbe … Did President Olusegun Obasanjo knowingly or unknowingly yield to the grand deception that cost Nigeria billions of Naira? Did he and other...
In from Olumide Olaoluwa … The Federal Government is targeting generation and distribution of 5,000 megawatts of electricity by December. This was part of the outcome...
The Acting Comptroller-General of Customs John Atte has set a revenue target for Area Controllers, as he directed them to increase their weekly average revenue to...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr Emmanuel Kachikwu has said that subsidy on petroleum products by government creates distortion in government...
In from Success Allantee … Nigerian equities again closed in the red yesterday as impressive earnings by first-tier banks failed to quicken investors’ appetite for quoted...
In from Success Allantee …. A leading Cote D’Ivoire’s insurance company, Sunu Assurances Vie Cote D’Ivorie, yesterday completed the acquisition process for 28.2 per cent equity...
In from Success Allantee …. The board of directors of Guaranty Trust Bank Plc has earmarked N7.35 billion as interim cash dividends as the bank released...
President Muhammadu Buhari has replaced the Director- General of Budget Office of the federation, Dr. Bright Okogwu with Yahaya Gusau. He also appointed Dr. William Fowler...
In from Success Allantee …. Access Bank Plc grew its gross earnings by 43 per cent in the first half as the bank’s net profit rose...
The EFCC is looking into how the Nigerian Investment Promotion Commission (NIPC) allegedly granted $4.5 million tax waivers to 20 oil companies which they are not...
In from Ali Smart …. Worried by the new dimension of money laundering across the world, the Central Bank of Nigeria (CBN) has raised the alarm...
In from Success Allantee … Dangote Cement Plc failed to reenact the dramatic change that staved off a negative market position on Tuesday as losses by...
In from Ali Smart… The controversy surrounding the missing N183.7billion from the coffers of the Niger Delta Development Commission (NDDC) is yet to be resolved, Ripples...
The National Bureau of Statistics, NBS, has said that between April and June 2015, Nigeria earned N2.512 trillion from the export of petroleum products. The NBS,...
Communities in Ikarama oil fields in Yenagoa Local Government Area of Bayelsa State may be at risk of fire outbreak and environmental pollution as the Shell...
In from Success Allantee … The Nigerian stock market broke away from its seven-day consecutive losing streak with a modest gain of 0.68 per cent as...
In from Success Allantee … The Investors’ Protection Fund (IPF) of the Nigerian Stock Exchange (NSE) currently has total net assets of N872 million but 379...