Dangote Cement Plc staved off growing underlying negative sentiments from overturning the overall positive position at the Nigerian stock market as the equities market reopened on...
Baring any unforeseen circumstances, there are indications that the 2016 Appropriation bill may be passed by the second week of March, Ripples has learnt. Chairman, House...
The Nigerian National Petroleum Corporation (NNPC) has promised to complete the ongoing gas projects aimed at linking gas-to-power and gas-to-industries. Giving this assurance on Monday was...
The Senate which had earlier stated that it was not feasible to pass the 2016 budget on the scheduled February 25 date has raised hopes that...
The Majority Leader of the House of Representatives, Hon Femi Gbajabiamila, has absolved President Muhamadu Buhari of any blame arising from the inconsistencies in the 2016...
Investors in Nigerian equities last week recovered N408 billion in capital gains as the stock market rallied to close the week at its highest level in...
The current economic downturn in the country may have started bitting harder than expected, as there are indications that state governments have asked the Federal Goverment...
With new marketing trends and shift in consumption tastes of consumers, soft drink giants, Coca-Cola and Pepsi are depending on ‘the greatest marketing trick of the...
Starting from the March 26, 2016, The Independent daily title will end print production following the sale of its i newspaper in a £24 million sale...
The Board of Directors of Nigerian Breweries Plc has announced a revenue of N293 billion for the Company in the 2015 financial year. The amount shows...
Ageing social media network Myspace has been acquired by Time Inc. which seeks to revamp the platform to distribute news stories. Time Inc. hopes to use...
Investors raised their stakes on the Nigerian equities yesterday as expectations of dividend recommendations spurred the ongoing market rally to its fourth day. Equities gathered total...
The budget defence by Ministries, Departments and Agencies, MDAs, has turned dramatic if not comical, as the Investment and Securities Tribunal (IST), reportedly submitted its 2015...
Office for the Nigerian Content Development in ICT (ONC) has said that Nigerians spend at least N1 trillion every year in foreign exchange in the importation...
The momentum of the rally at the Nigerian stock market improved on Wednesday as investors sought to take advantage of several stocks that have crashed to...
In from Ripples Nigeria Minister of Labour and Employment, Dr. Chris Ngige, has reiterated the zero tolerance of the administration of President Muhammadu Buhari to job...
In from Ripples Nigeria Minister of Budget and National Planning, Senator Udoma Udo Udoma and the Minister of State for Budget and National Planning, Hajiya Zainab,...
Japan’s automobile industry may witness a dramtic shrink before year 2020 as the number of carmakers may be reduced to three or fewer. Japan is home...
The Central Bank of Nigeria (CBN) has unveiled operational guidelines for the operation of TSA by state governments, to consolidate their accounts. The apex bank in...
Nigerian equities walked the tight rope on Tuesday as bargain-hunting counterbalanced resurgent selling pressure, leaving the market with a marginal gain. With 19 gainers to 18...
Dangote Cement Plc, Nigeria’s most capitalised quoted company, played the cheerleader for the stock market on Monday as substantial gain by the cement company boosted the...
By Ali Smart The Central Bank of Nigeria (CBN) on Monday revealed that the federal government frittered away $40 billion from the nation’s external reserves in...
By Ali Smart The Nigeria Electricity Regulatory Commission, NERC, may appear to be grandstanding judging by its insistence that the new electricity tariff which became operational...
There doesn’t seem to be much hope for the falling prices of crude oil going up in the next ten years, as experts have predicted that...
There is growing apprehension in the Nigeria’s banking sector, over reports of impending mass sack by banks in the country. According to reports, bank workers are...
Nigerian stock market will reopen its trading floors today amidst lurking selling pressure from profit-taking transactions and expected renewed bargain-hunting as investors expect corporate earnings to...
By Ali Smart Against the backdrop of current economic realities, the Minister of Transport, Rotimi Amaechi, admonished state governments against embarking on new airports projects for...
Telecommunications operator, Etisalat says the Nigerian Communications Commission (NCC) was wrong to approve the acquisition of Visafone, a Code Division Multiple Access (CDMA) operator, by MTN...
The National Bureau of Statistics (NBS) has stated that speculative pressure on the Naira was likely to persist in 2016 in light of the current state...
In from Ali Smart . . . The Assets Management Corporation of Nigeria (AMCON) on Saturday appointed Mr. Tunde Fagbemi as the new Managing Director of...
In from Ali Smart . . . It’s no more news that Nigeria is in dire financial straits and as such, is looking at ways to...
in from Ali Smart . . . A human rights lawyer, Bar. Toluwani Yemi-Adebiyi, on Friday, approached the Federal High Court to charge the management of the...
Still unable to find a lasting solution to the fall of the nation’s currency – the Naira – against international currencies, especially the U.S dollar, President...
The management and financial crisis facing Nigeria’s oldest surviving airline, Aero Contractors may have come to a head as the Asset Management Corporation of Nigeria (AMCON)...
Quoted equities on the Nigerian Stock Exchange (NSE) continued under selling pressure on Thursday as portfolio investors booked profits on leading large-cap stocks. The downtrend orchestrated...
By Ali Smart The Federal Government on Thursday mandated the Federal Inland Revenue Services (FIRS) to audit the financial activities of the Nigerian National Petroleum Corporation...
By Ali Smart This is cheery news for Nigerians in the Diaspora as the Central Bank of Nigeria (CBN) has extended Bank Verification Number registration exercise...
By Ali Smart The probe panel investigating alleged salary scam within the federal civil service has uncovered a total of 23, 306 civil servants and some...
The fourth quater earnings of New York Times Co. improved sharply, beating analysts’ estimates as digital subscribers grew by 53,000 and online ad revenue rose. According...
The reality of the global economic meltdown may soon become very glaring, as oil giant, Royal Dutch Shell, has concluded plans to cut about10,000 jobs owing...
Investors changed gear from the bargain-hunting mode of recent days to profit-taking on Wednesday, triggering another round of massive selloffs in the stock market. As against...
By Ali Smart . . . The Minister of State for Petroleum Resources and Group Managing Director of Nigerian National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu,...
By Ali Smart A mild drama ensued at the lower legislative chambers on Wednesday when the Managing Director of the Nigerian Railway Corporation (NRC), Seyi Sijuwade...
By Ali Smart The Chairman of the House of Representatives Committee on Appropriation has revealed that Nigeria loses an average of N1 trillion annually to crude...
By Ali Smart The cost-cutting measures being adopted by the Federal Government may save the country over N12b in revenue, Ripples has learnt. One of such...
Giving this assurance on Monday was the Minister of Power, Works and Housing, Babatunde Raji Fashola. He spoke in Abuja during the Ministry’s budget defence before...
In a bid shore up Federal Government’s revenue and reduce budget deficit, the Federal Inland Revenue Service has set a target of N4.95tn for the 2016...
There are concerns that Kerosene, a petroleum product mostly used by the poor may climb to an all-time high of N200 per litre, following government’s total...
Nigerian equities drove away the bears and held on to marginal gains on Tuesday as bargain-hunters sought to lock in into mid and large-cap stocks. Nigerian...
In from Ali Smart . . . The Central Bank of Nigeria (CBN) on Monday approved N300 billion for the Nigerian Export-Import Bank (NEXIM) Robert Orya,...
