Still battling with the reality of falling oil prices, President Muhammadu Buhari on Sunday in Doha, called on member states of the Organisation of Petroleum Exporting...
Vice President, Prof. Yemi Osinbajo and a former Governor of the Central Bank of Nigeria, Mr. Joseph Sanusi on Saturday expressed divergent views over whether or...
Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, at the weekend, reshuffled some of his directors, in what observers say is in response top the...
In its efforts to turn Nigeria into an industrial giant, the Federal Government has called on the Organised Private Sector to proffer new ideas that would...
In efforts to dispel stories making the rounds that the Muhammadu Buhari-led administration does not have an economic team in place, and that it has no...
The Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, branch of the Petroleum Products Pricing Regulatory Agency, PPPRA, Friday, said the Federal Government has...
The bid by Etisalat Nigeria Limited to reverse the acquisition of Visafone’s 800megahertz (MHZ) spectrum by MTN Nigeria has hit a brick wall, as Justice Ibrahim...
Nigerian equities rode on the back of renewed bargain-hunting on Thursday to halt consecutive days of declines as investors sought to take advantage of low prices...
Thanks to the checks and balances being put in place by the current administration, there may be no more room for pilfering of public funds as...
President Muhammadu Buhari Thursday in Mecca welcomed an offer by the Islamic Development Bank (IDB) to organize a financing roundtable in Abuja to mobilize more funds...
In its quest to address inconsistencies and alleged padding discovered by various standing Committees during interface with the Ministers and Heads of Departments and Agencies, the...
PAN Nigeria Limited is the leading manufacturer of automobiles in Nigeria, assembling Peugeot vehicles at its head office located in Kaduna. It also has liaison offices...
In from Ripples Nigeria . . . The management of FBN Holdings Plc, the holding company for First Bank of Nigeria and its former subsidiaries, has...
A massive sell off in the banking sector weighed down the performance of the Nigerian stock market on Wednesday as investors reacted sharply to profit warning...
The controversies trailing the implementation of the Treasury Single Account, TSA, came to a head on Wednesday, as the Senate directed the Central Bank of Nigeria...
In what may appear as a dramatic turn around in the fortune of the naira, the Nigerian currency rallied strongly against the United States dollar on...
The lower legislative chambers on Wednesday asked its committee on Petroleum (Upstream ) and Public Procurement to investigate alleged $260 million illegal contracts by National Petroleum...
Alarm bells appear to be ringing continuously for countries which have oil as the main stay of their economy. Leaders of thought believe that the coming...
In the face of dwindling capacity to meet local and international obligations, the Buhari-led administration is reported to have reached out to China for a $2...
The protracted case between MTN Nigeria and the Nigeria Communication Commission (NCC) may have come to an end as the telecoms company on Wednesday formally announced...
The downtrend that opened the Nigerian stock market this week worsened on Tuesday as investors dumped shares in several highly capitalised banking, manufacturing and oil and...
In from Ripples Nigeria . . . . Like scavengers out to make a kill, forex vendors from neigbouring countries of Benin Republic, Niger, Chad, Sudan,...
Chief Executive Officer of the Nigerian Stock Exchange (NSE) Mr Oscar Onyema will remain at the organisation for another five years as his contract has been...
The Central Bank of Nigeria (CBN) said it had distributed N14.7 trillion total credit to the economy as at June 30th, 2015. Out of this amount,...
The Trade Union Congress (TUC) says the electricity distribution companies (DISCOs) are exploiting Nigerians and profitering by fraud. TUC President, Mr Bobboi Kaigama who led a...
The Shell Petroleum Development Company of Nigeria Limited (SPDC) on Monday declared force majeure on Forcados liftings effective 1500hrs (Nigerian time) February 21, 2016, following the...
Alhaji Aliko Dangote has finally succeeded in his bid to repurchase the majority equity stake in the former Dangote Flour Mills Plc, now rebranded Tiger Branded...
In spite of the fact that a Federal High Court in Lagos, refused an application by the Nigerian Electricity Regulatory Commission, NERC, seeking to stay further...
The fate of the naira no doubt hangs on the balance, what with the unprecedented fall of the local currency, which exchanged for N400 to the...
The current fall in the prices of oil in the international market is expected to persist into year 2017, despite current efforts by President Muhammadu Buhari...
A new twist has been added to the ongoing controversies over the Malabu oil deal scandal, as the immediate past Attorney General of the Federation, Mohammed...
Nigerian equities came under intense selling pressure last week as investors sought to take profit on previous week’s rally. Most Nigerian equities were stunted and there...
President Muhammadu Buhari has reiterated his stand on the idea of officially devaluing the naira and ‘throw it to the dogs’ as it were, for market...
The Central Bank of Nigeria (CBN) is set to investigate over 6000 complaints relating to unauthorised bank charges brought to its notice, following which banks have...
The Central Bank of Nigeria (CBN) at the weekend said it has not stopped the allocation and sale of Foreign Exchange for purposes of paying school...
Ahead of the planned audit of the nation’s aviation sector in March by the International Civil Aviation Organisation, ICAO, the Accident Investigation Bureau (AIB), has concluded...
The financial crisis facing states in the country and their level of indebtedness may be worse than many thought, as the states are said to be...
The awardees of the third edition of the YouWin programme have threatened to sack 4,500 workers if government fails to meet up with its financial obligation....
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has called on the Federal Government to review the recently introduced N50 stamp duty....
Artisans and operators of small business in Lagos State may soon be smiling to the banks, as the state government says that arrangements have been concluded...
After losing N266 billion in two consecutive trading sessions, Nigerian equities bounced back to positive yesterday as increase in global crude oil price boosted the global...
The Auditor-General of the Federation (AuGF), Samuel Ukura on Thursday disputed claims by the federal government and Ministry of Budget and National Planning that the 2016...
Minister of Budget and National Planning, Senator Udo Udoma, has expressed confidence that the Federal Government medium term strategic plan for 2017 to 2020 will further...
Nobel laurate, Professor Wole Soyinka, has bemoaned the state of the Nigerian economy, saying it is bad and discouraging. He also called for an emergency economic...
The value of loss and the momentum of the sell off increased on Wednesday at the Nigerian Stock Exchange (NSE) as investors opted to use open...
Aware of the implication of the National Assembly’s resolution for the electricity distribution companies (DISCOs) to halt the new electricity tariff, the Association of Nigerian Electricity...
Lawmakers of the lower legislative chambers have set machinery in motion to investigate how N350 billion Natural Resources Fund was spent “in spite of the fact...
Quoted equities suffered a relapse on Tuesday after investors placed a large swathe of highly capitalised stocks on sale. After six days of sustained uptrend, investors...
Worried by the growing public outcry over the non remittance of pension funds estimated at over N5 billion, the House of Representatives, on Tuesday, directed its...
The nation’s currency has hit another all-time low exchanging at N345 to the dollar in the parallel market. Meanwhile, the official Central Bank of Nigeria (CBN)...
