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...
In from Success Allantee … Access Bank’s recent rights issue was undersubscribed by almost a quarter as the bank was able to raise N41.8 billion out...
In from Olumide Olaoluwa … All airlines operating in Nigeria are to undergo immediate comprehensive audit by the Nigerian Civil Aviation Authority (NCAA). NCAA’s Director General,...
In from Olumide Olaoluwa… President Muhammadu Buhari has ordered an investigation into the sale of Nigeria Telecommunications Company (NITEL). He gave the directive while receiving briefing...
By Michael Snyder… You can stop waiting for a global financial crisis to happen. The truth is that one is happening right now. All over the...
In from Success Allantee … Nigerian equities on Monday extended its recent losing streak to the seventh consecutive trading session with a whooping loss of N272...
President Muhammadu Buhari on Monday assured members of the Manufacturers Association of Nigeria (MAN) that his administration would reverse or abandon any economic policies inherited from...
Chairman of the Nigeria Electricity Regulatory Commission (NERC) Dr. Sam Amadi says that the commission cannot abolish the fixed charge for electricity consumers. Amadi said that...
In from Ali Smart … Former minister of finance, Dr Ngozi Okonjo-Iweala has denied recent allegations that a $1 billion China-EximBank loan for the Lagos-Kano rail...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mr. Ibe Kachikwu stated on Sunday, that the Corporation would undertake a review of all Production...
In from Allantee Success … Discussions are currently underway between participants in major African securities markets of Nigeria, Kenya and South Africa to launch the cross-listing...
In from Success Allantee … Nigerian equities suffered a major reversal last week as intense selling pressure and low demand shaved off N253 billion from market...
In from Ali Smart … Governor Adams Oshiomhole of Edo State has described the gains of the immediate past administration of President Goodluck Jonathan in the...
Ever tried to change anyone’s behavior at work? It can be extremely frustrating. So often the effort produces an opposite result: rupturing the relationship, diminishing job...
By Joseph Edgar… I had always wanted to work with BGL ever since I left school, and after stumbling on that charismatic and visionary leader called...
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mr. Emmanuel Kachikwu stated on Friday, that the days when the Corporation was perceived as a...
Who saw the recent sale of the Financial Times (FT) from Pearson to Nikkei for $1.3 billion coming? The sale of The Economist, also owned by...
The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Dr. Emmanuel Kachikwu, said on Thursday that more workers might be relieved of their jobs, in the...
Former Central Bank of Nigeria (CBN) governor, now Emir of Kano, Malam Muhammadu Sanusi II, has said that if government is serious about tackling corruption, the...
Zenith Bank opened another phase of its history yesterday with the declaration of its first-ever interim dividend. Shareholders would share about N7.85 billion as interim dividend,...
The downtrend at the Nigerian stock market extended to its fifth consecutive trading session yesterday as a flood of open sale orders rattled several highly capitalised...
President Muhammadu Buhari on Wednesday promised that his administration would give priority to ensuring steady electricity in the country, which he said would launch the country...
The fast rising use of communication Apps like WhatsApp and Skype, offering free calls and messaging using the Internet is eating deep into projected revenue earnings...
In from Success Allantee … The Securities and Exchange Commission (SEC) Nigeria’s capital market regulator, is closing four of its seven zonal offices and cutting down...
Flour Mills of Nigeria Plc plans to offer 1.09 billion ordinary shares of 50 kobo each to existing shareholders at N27.50 per share, according to a...
In from Success Allantee … The latest losing streak at the Nigerian stock market entered its fourth consecutive day as increased shares supply and recourse to...
By Ali Smart The burgeoning trade in second hand items in Nigeria is worth $1.97billion at the moment, if the report of MOBOfree, an African social...
Amid strong speculations that President Buhari would keep the Petroleum portfolio to himself, the new helmsman at the Nigeria National Petroleum Corporation, NNPC, Dr. Ibe Kachikwu,...
The Central Bank of Nigeria (CBN) has disagreed with the new policy on cash withdrawals by some banks on their Automatic Teller Machines (ATMs), which imposed...
In from Success Allantee … Nigerian equities suffered a third day of consecutive decline yesterday as more investors piled up sales orders, forcing the overall market...
In from Ali Smart … The Registrar-General of the Corporate Affairs Commission (CAC), Alhaji Bello Mahmud has called on the Chartered Institute of Taxation of Nigeria...
Bank in the country have moved to cut down on the amount of cash customers are entitled to withdraw from Automatic Teller Machines (ATMs) and foreign...
About 70 stockbroking firms risk being deregistered by the Securities and Exchange Commission (SEC) if they are unable to meet the regulators deadline for recapitalization by...
In from Success Allantee … Nigerian quoted equities came under intense selling pressure Monday as the stock market opened with significant slowdown in demand. Turnover volume...
In from Success Allantee … There is material uncertainty that casts doubts on the ability of Multiverse Plc to continue as a going concern, the auditors...
Warren Buffett knows a thing or three about becoming wealthy and successful, and the Oracle of Omaha is not averse to handing out mostly excellent advice...
In from Ali Smart … Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) Alhaji Umar Ibrahim has raised concern over poor public perception of the...
