Stocks to watch this week in the Nigerian stock market are Geregu Power, Access Holdings and MTN Nigeria, as the companies look to boost revenue and...
For the first time, eight months after the shutdown, the federal government today resumed the Abuja-Kaduna train service. However, fare prices have been reviewed upwards for...
One of the key things people majorly look out for before investing big in any business is the location. Although, not everyone gets this right. Many...
The Labour Party presidential candidate, Peter Obi, on Saturday released his economic plans for Nigerians with a focus on running a production-centered economy driven by an...
Geregu Power Plc, a Nigerian electricity generation company owned by Femi Otedola is in talks with the Fund for Export Development in Africa, an arm of...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Penultimate Wednesday, President Muhammadu Buhari unveiled the new naira redesigned by the Central Bank of Nigeria (CBN). The redesigned naira was received with mix reactions. Many...
The Federal Government has generated over $500 million from the 5G spectrum licence auction. The Minister of Communications and Digital Economy, Issa Pantami, disclosed this at...
Access Holdings Plc, trading as Access Corporation, has announced the completion of its acquisition of an indirect equity stake in Sigma and the merger of its...
The Central Bank of Nigeria (CBN) has ruled out the extension of the deadline for the withdrawal of old Naira notes from circulation. The Central Bank...
The Nigeria Inter-Bank Settlement System has revealed that Nigerians’ total value of electronic transactions in nine months (January to September) of 2022 stood at N272 trillion....
The Central Bank of Nigeria(CBN) in the first seven months of 2022, defended the value of the naira by selling $11.24 billion forex to Nigerians and...
FCMB Group Plc has sustained its impressive financial performance across all indicators, achieving a 68.4% year-on-year growth in profit before tax of N26.5 billion for the...
The Securities and Exchange Commission (SEC) has informed the investing public that it would continue to use its enforcement procedures, including coordination with other relevant government...
The World Bank has revealed that Nigerians abroad sent home $20.9 billion to families and friends. This was revealed in its latest Migration and Development Brief...
The United Kingdom (UK) International Trade Secretary, Kemi Badenoch has revealed that the trade volume between Nigeria and UK hit £5.5 billion at the end of...
The National Pension Commission (PenCom) has disclosed that ñbbjnjvalue of pension fund assets has increased to N14.59 trillion as at the end of October 2022. This...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Tuesday that non-oil exporters repatriated a total sum of $4.99 billion since the...
The Central Bank of Nigeria (CBN) on Tuesday ruled out the introduction of the N5000 note in the country. The CBN’s Director of Currency Operations, Ahmed...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has projected better days ahead for Nigerians. According to him, the persistent inflation rate, which has...
The Nigeria Deposit Insurance Corporation (NDIC) has disclosed that it paid N11.83 billion to over 443,949 insured depositors and over N101.37 billion to uninsured depositors of...
Nigerian banks have announced changes in the interest payment on loans collected by Nigerians. The changes followed the recent CBN increase in interest rate by 100...
Banks in Nigeria have provided updates on modifications to foreign exchange (FX) requests made by Nigerian students targeting schools abroad. The banks announced the changes in...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
Mr. Hassan had been living abroad for over two decades. When he made some money, he felt the need to have a property back home. Then,...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has blamed the growing request for foreign school fees and travelling by Nigerians as one of...
The National Bureau of Statistics (NBS) has revealed that the agricultural sector continues to struggle despite the massive intervention in the sector. According to NBS latest...
The Central bank of Nigeria (CBN) has released a guideline for the establishment of banks and other financial institutions in the country. In the guideline signed...
The National Bureau of Statistics (NBS) has revealed that five sectors of the economy are in a recession. NBS disclosed this is its latest Gross Domestic...
The National Bureau of Statistics (NBS) said on Thursday Nigeria recorded a Gross Domestic Product (GDP) growth of 2.25 percent in the third quarter of this...
The National Bureau of Statistics (NBS) has revealed that in the third quarter, Nigeria recorded a growth of 2.25 percent year-on-year in real terms. NBS stated...
The Central Bank of Nigeria (CBN) has revealed that it is still expecting N2.56 trillion out of the N2.73 trillion outside banks’ vaults as the January...
As Nigerians wondered about the reason behind the current fuel scarcity, the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Wednesday, issued a reason for the...
The federal, states and local councils shared a total sum of N736.7 billion as revenue allocation for October. The Director of Information/Press, Ministry of Finance, Budget...
The Central Bank of Nigeria on Wednesday unveiled the redesigned Naira notes. See the pictures below READ ALSO:NEW NAIRA NOTES: Banks adjust operating hours, days, to...
Commercial banks have begun adjusting operating hours and days to help Nigerians deposit their old Naira notes. Banks across the country operate between 8.00 am and...
The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative (NEITI), Dr. Ogbonnaya Orji, said on Tuesday the country earned $741.48 billion from oil and gas...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has announced that President Muhammadu Buhari will unveil the newly designed N1,000, N500, and N200 notes...
The Central Bank of Nigeria (CNN) in a final bid to fight inflation rates for 2022 on Tuesday raised interest rates to 16.5%. This is as...
The Organization of Petroleum Exporting Countries (OPEC) has revealed that Nigeria’s oil rig count has increased. A rig count reflects the amount of exploration, development, and...
The Director-General of the Budget Office of the Federation, Ben Akabueze, on Monday urged wealthy Nigerians to pay more tax in order to enhance revenue generation...
The Manufacturers Association of Nigeria (MAN) has raised the alarm over the Federal Government’s proposed 20 per cent Ad-valorem Excise Tax on non-alcoholic beverages covering the...
The National Bureau of Statistics (NBS) has revealed that Nigerians once again paid more to prepare their meals. In its latest price report published on Monday,...
A few years ago, Mr. Ranti bought a piece of land somewhere in Lagos. He didn’t buy it to develop it, rather, to resell it. The...
Airtel Africa, MTN Nigeria and Access Bank are some of the stocks to watch this week, as the Nigerian stock market resumed for another trading week....
The Central bank of Nigeria (CBN) has created a countdown clock on its website showing the end for three banknotes in circulation. CBN Governor, Godwin Emefiele,...
The Nigerian National Petroleum Company (NNPC) Limited has spent a total of N14.5 billion on frontier exploration services, which involves the search for hydrocarbons in inland...
Between January and November of 2022, the federal government borrowed a sum of N2.94 trillion from the domestic debt market to finance the 2022 budget deficit....
In the next few weeks, several state governments will receive N1 billion each from the federal government as the last trench of the performance-based award under...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...