in from Success Alantee… For every six price changes, almost five ended in losses as the tight trades at the Nigerian Stock Exchange (NSE) yesterday turned...
The Central Bank of Nigeria (CBN) has approved the acquisition of Zinternet Nigeria Limited (Zinternet) and its mobile money license by Konga, a Nigerian online retailer....
In an effort to conserve foreign reserves and facilitate the resuscitation of domestic industries and generate employment, the Central Bank of Nigeria (CBN) has banned the...
In from Success Allantee… A combination of bargain-hunting and hold-and-wait sentiments created a tight market situation on Tuesday at the Nigerian stock market. Benchmark indices indicated...
In from Success Allantee…. Nigerian equities opened Monday with a modest rally as investors sought to take positions in several equities, which had suffered significant depreciation...
In from Ali Smart… The Sub-committee on Ethics and Professionalism of the Bankers’ Committee has ruled that the agreement between Honeywell Group and Ecobank to pay...
In from Success Allantee …. The average share price at the Nigerian stock market dropped by 1.08 per cent in the immediate past week, further highlighting...
In from Success Allantee …. Analysts have said the success of the merger between Skye Bank Plc and its acquired bank, Mainstreet Bank Limited is uncertain...
Bilfinger SE, the foreign majority investor in Julius Berger Nigeria Plc, is concluding to sell its entire equity stake in the Nigerian company on or before...
The Central Bank of Nigeria (CBN) will today (Friday) meet with chief executives and treasurers of commercial banks in the country, in a bid to avoid...
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate jumped to 7.5 per cent in the first quarter of the year (Q1 2015) compared to...
The National Bureau of Statistics (NBS) yesterday puts the final expenditure on Gross Domestic Product (GDP) of the three tiers of government at 42.81 per cent...
For their involvement in a currency scam in which defaced and mutilated notes amounting to about N8 billion were recycled into the country’s financial system, about...
Nigerians may soon heave a sigh of relief over the present fuel scarcity that has caused so much hardship, as members of the Major Oil Marketers...
Some staff members of the Code of Conduct Bureau (CCB) are up in arms with Mr. Sam Saba, chairman of the body that is supposed to...
There appears to be no end to the travails of Mr. Albert Okumagba, the Group Managing Director of BGL Group as the Securities and Exchange Commission...
The federal government through the National Council on Privatisation (NCP) has directed the Bureau of Public Enterprises (BPE) and the Nigeria Infrastructure Advisory Facility (NIAF) to...
About 80 per cent of goods found in markets across Nigeria and other parts of Africa are substandard products imported from outside the continent, by people...
The packaged water industry in Nigeria now generates an estimated N8 billion naira daily. This indication was given on Tuesday by the Director General of the...
The quarterly data released by the Debt Management Office (DMO) has revealed that the Federal Government of Nigeria’s (FGN’s) domestic debt as at ending of March...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reviewed the Cash Reserve Ration (CRR) deposits in the country to 31 per...
The Nigeria Social Insurance Trust Fund (NSITF) is in the eye of the storm. The reason for this is not far-fetched: the workers’ union is at...
Banks in Nigeria are likely to have issues in the first half of 2015 with Non Performing Loans (NPLs) as a result of declining crude oil...
The United Kingdom Charity Commission says it is carrying out a broad investigation into several allegations of financial misconduct and conflicts of interest against the Olusegun...
Contrary to what the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, told Nigerians that the NNPC had begun refunding $1.48bn into the federation account as directed...
Nigeria is set to have a new policy regime on taxes across the country. Ripples can authoritatively report that the federal government has approved the harmonisation...
The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index for the month of April, with the country’s inflation rate rising to a...
Hell was literally let loose on Monday as members of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) threatened to go to war with...
The Minister of Finance, Dr Ngozi Okonjo-Iweala, says rumours that the country’s economy is in ruins are untrue, and that the nation’s economy will not collapse...
Minister of Finance and coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala says the country has lost huge revenue to tax holidays fraudulently granted companies by...
As at the end of 2014, the aviation sector in Nigeria had lost about $7bn to capital flight, this according to experts in the sector. The...
All is not well with the Securities and Exchange Commission (SEC). Ripples can authoritatively report that SEC workers may be poised for a major showdown with...
Africa’s richest man, Aliko Dangote, said he still wants to buy English Premier League soccer team Arsenal even after he was rebuffed by its owners in...
Nigerian telecoms operator, Globacom is making plans to buy over Ivorian mobile telecoms operator Comium Cote d’Ivoire, by making an offer of $600 million for the...
A former Managing Director of the Nigerian Security, Minting and Printing Company (NSMPC) Mr. Ehidiamhem Okoyomon, is to be extradited to the United Kingdom, within the...
Nigerians may still have to brace up for, and find ways of coping with the recent fuel scarcity that is only just slowly easing, as Minister...
When it comes to economic clout on the African continent, the United States has projected that Nigeria is likely to be the first country with an...
This exposition on Monopoly, the popular board game was inspired by Prince Al-waleed Bin Talal, the richest Arab in the world, with a net worth of...
Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam has said it would be unwise for the country to sell its equity...
In efforts to ease the fuel scarcity being experienced in some parts of the country, the Federal Government said that oil marketers would on Thursday receive...
It is not news that disagreements over finances is one of the main reasons couples end up in divorce court. Financial advice is readily available, but...
Manufacturers in the country lost out completely in the African Growth Opportunity Act of the Barack Obama administration, because they failed to be competitive. AGOA, initiated...
Nigeria is losing about N500 billion in revenue, annually, to dysfunctional freight rail services that would have assisted in the haulage of goods from Tin Can...
Outstanding lease volume in the country went up by 11.3 per cent from N780 billion in 2013 to N869 billion in 2014. Analysis of the various...
In order to resolve the persistent local shortages of fuel experienced for the country’s thermal power stations, Nigeria needs to raise gas prices to bridge about...
Nigeria’s beleaguered national oil company, NNPC will be made to refund more than the $1.5 billion stated in the highlights of a PricewaterhouseCoopers (PwC) LLP report...
The domestic flight operations of Arik Air were on Thursday paralysed by the Federal Airport Authority of Nigeria (FAAN) over what the orgainsation described as high...
Owing to threats by some Nigerians that they would attack South African interests in the country due to the xenophobic attacks in that country, telecommunications marketers,...
The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company...
In efforts to ensure continued safety and soundness of the banking industry, the Central Bank of Nigeria (CBN) and the Bankers Committee on Thursday stated that...