Nigerian equities muffled a mid-week profit-taking to sustain their upwardly trend last week, playing the contrarian stocks in a global stock market characterized by declines across...
Ripples Nigeria findings have uncovered that GSM service providers in the country defraud Nigerians to a whooping tune of about N547bn every year. Nigeria has 149,787,120...
IPMAN, a stakeholder in the oil and gas industry, has expressed satisfaction with the restructuring of the NNPC, against an earlier opposition by PENGASSAN and NUPENG....
The Minister of State for Petroleum, Dr. Ibe Kachikwu on Saturday hinted of plans to collaborate with the Central Bank of Nigeria (CBN) to pave a...
MTN Nigeria says that reports making the rounds that it has proposed to pay only N300 billion of the N780 NCC fine were not true, as...
Time management has been a major challenge of busy executives for a long time, and how they resolve it goes a long way to determine whether...
There are indications that the EFCC may have invited Skye Bank MD for questioning over the refusal of the bank to move the sum of N6.3...
The band between advancers and decliners narrowed on Thursday but the overall market situation drew on cross-sectoral gains from large, mid and small cap stocks to...
MTN is proposing to pay only N300 billion out of the N780bn fine imposed on the network operator by the Nigerian Communications Commission (NCC) in 4...
The Nigerian Electricity Regulatory Commission (NERC) on Thursday said the 47, 127 complaints lodged by customers against the eleven electricity distribution companies before the Commission during...
The Nigerian Electricity Supply Industry (NESI) on Thursday recorded power generation of 1,656.80Mega Watts (MW) at 02:27:00 hour. According to the Nigeria Electricity System Operator, in...
The Federal Government, on Tuesday, said it would raise N100 billion bond from the local market next week as part of its budget deficit funding plans....
Labour unions in Nigeria’s oil sector, NUPENG (National Union of Petroleum and Natural Gas ) and PENGASSAN (Petroleum and Natural Gas Senior Staff Association) have called...
The Federal Government has ordered the Economic and Financial Crimes Commission, EFCC to go after banks and others alleged to have engaged in forex round tripping....
Nigerian equities regained their upswing on Wednesday as investors increased market orders across the large, mid and small-cap stocks. The market had on Tuesday broke its...
The Minister of Finance, Mrs Kemi Adeosun, Wednesday disclosed that 11000 more ghost workers had been uncovered in the federal payroll. She revealed this while briefing...
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu says that the Nigerian National Petroleum Corporation (NNPC) was reorganized and not unbundled. He stated that...
The Federal government has moved to secure oil installations in response to oil workers’ shut down of NNPC operations nation-wide. Oil workers had today commenced a...
The Federal Government and 36 states governors have oncluded plans to hold a retreat to consider alternatives to devaluation of the naira. This was disclosed on...
The Gross Domestic Product, GDP of Nigeria declined to 2.11% in the fourth quarter of 2015 as against 2.84% in the third quarter, the National Bureau...
Minister of Petroleum, Dr. Ibe Kachikwu said Tuesday that Nigeria is taking the lead in a global effort aimed at freezing the level of oil production....
While the underlying bargain-hunting and resultant positive sentiments remained widespread, losses recorded by the two most capitalised companies at the Nigerian stock market- Dangote Cement and...
Finally, the Nigerian National Petroleum Corporation (NNPC) has been split into seven divisions comprising 20 subsidiaries. The unbundling of the oil corporation lived up to an...
The Federal Government has dragged International Oil Companies, IOCs to court over crude theft totalling $12 billion. FG’s action is targeted at recovering over N2 trillion...
The price of Brent crude, on Monday, rose to hit a 2016 high of $40 per barrel. It was the sixth rise in consecutive trading days...
The two major labour unions in the oil and gas industry, NUPENG and PENGASSAN have opposed plans by government to split the NNPC into 30 companies....
The Federal Government, Monday, explained why it accepted part payment on the fine imposed on telecommunications company, MTN. The Attorney General of the Federation, Abubakar Malami,...
Nigerian equities reopened on Monday with continuing bargain-hunting for undervalued dividend-paying stocks amidst caution that the longest rally this year might give way to another round...
The House Representatives has summoned the Comptroller General (CG) of the Nigerian Immigration Service (NIS), Martin Abeshi. Abeshi was been asked to appear before the House...
The Nigerian National Petroleum Corporation (NNPC) has explained that despite the fuel scarcity in some parts of the country, the Kaduna and Warri refineries have to...
The upper legislative chamber has requested the Minister of Communication Technology, Adebayo Shittu and Attorney General and Minister of Justice, Abubakar Malami,to throw more light on...
For defaulting in the payment of insurance claims among other entitlements to families of dead victims the Federal Capital Territory (FCT) Administration, has threatened to report...
In the Federal Government quest to reform the Nigerian Postal Service (NIPOST), for effective service delivery it has shortlisted 21 candidates out of the 47 that...
It was a good week for the Nigerian investors. The beleaguered Nigerian investors heaved a sigh of relief last week as a rally triggered and fuelled...
For defrauding Nigerians, the federal government has warned that telecommunications companies would be punished by way of fines if they do not desist. The warning came...
The Nigeria Economic Summit Group (NESG) has impressed it on lawmakers, the need to ensure a conducive and business-friendly environment for the growth and development of...
There seems to be a general optimism, though cautious, over Friday’s upsurge in the prices of crude in the international market. After selling below the $30...
Prices of crude in the international market made a dramatic increase on Friday, reaching a two-month high, as the Brent North Sea crude reached $38.72 a...
The House of Representatives on Friday questioned how contract bids for rehabilitation of railways by the Bureau of Public Procurement (BPP) involved only two Chinese companies....
The House of Representatives on Friday questioned how contract bids for rehabilitation of railways by the Bureau of Public Procurement (BPP) involved only two Chinese companies....
The Minister of Industry, Trade and Investment, Dr. Okechukwu Enelamah, has described the operators of Small and Medium Scale enterprises, SMEs as the unsung heroes of...
The shortage of electricity has not improved for members of the Manufacturers Association of Nigeria (MAN) since last year as they spend over N9 billion daily...
The Central Bank of Nigeria (CBN) yesterday stated that a few individuals were keeping about $20bn idle in domiciliary accounts in hopes that the value of...
The Central Bank of Nigeria (CBN) yesterday stated that a few individuals were keeping about $20bn idle in domiciliary accounts in hopes that the value of...
The upswing at the Nigerian stock market continued for the sixth consecutive trading session on Thursday as investors continued their scramble for companies with attractive valuation...
The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, on Thursday hinted that the...
The Managing Director, Pipelines and Products Marketing Company (PPMC), Mrs. Esther Nnamdi-Ogbue, on Thursday, assured that fuel queues across the country will end by the weekend....
Nigeria is said to lose about $7billion annually to the Israeli government due to poor bilateral relations in the area of small and medium scale enterprises,...
Telecommunications giant MTN says that 2015 was a particularly bad one for the company as its earnings fell by 51 percent, owing to a fine of...
Nigerian equities continued to ride on the back of positive sentiments that trailed a N136.3 billion dividend announcement by Dangote Cement, extending the gaining momentum to...
