In from Success Allantee . . . Nigerian equities got a major lift from Dangote Cement Plc as Nigeria’s most capitalised quoted company rallied on the...
Microfinance institutions in Nigeria on Monday said they have contributed a total of N185 billion into the country’s formal economy. President, Association of Non-Bank Microfinance Institutions...
A lot of questions are being raised concerning the whereabouts of N5.2billion ($25m) cash paid by an Indian firm for an oil block nine years ago....
The World Bank has asked for more time to make a full disclosure of the detailed breakdown of disbursement of monies recovered from the late Head...
In from Ali Smart . . . The Trade Union Congress of Nigeria (TUC) on Thursday vowed to resist any move to further increase electricity tariff...
In from Success Alllantee . . . As the National Assembly formally cleared the first batch of Ministerial nominees, Nigerian equities broke away from a two-day...
in from Success Allantee … . Nigerian equities suffered a major reversal yesterday as the National Bureau of Statistics (NBS) announced another rise in inflation rate...
The federal government has hinted of plans to come up with a policy to publish the nation’s annual accounts as part of its efforts to fight...
In from Success Allantee … . After two days of consecutive rally, Nigerian equities on Tuesday suffered a reversal as profit-taking transactions on highly capitalised stocks...
The Nigerian Stock Exchange (NSE) has announced the appointment of a consortium of Rand Merchant Bank (RMB) and Chapel Hill Denham (CHD) as the financial advisers...
In from Ali Smart … . Fresh fact has emerged as to why the Central Bank of Nigeria (CBN) placed a moratorium on banks to desist...
Nigerian equities opened this week with a tight but favourable outlook as investors continued their portfolio re-balancing and alignments ahead of the expected inflow of the...
In from Success Allantee … . The downtrend at the Nigerian stock market slowed down a bit yesterday but the market remained generally negative as investors...
In from Success Allantee … . The spread and size of the downtrend at the Nigerian stock market widened yesterday as quoted equities posted their fourth...
In from Timothy Enietan-Matthews … . The National Electricity Regulatory Commission, NERC and Distribution companies (DISCOs) operating in the country have been summoned to appear before...
In from Success Allantee … . Nigerian stock market opened on Monday with a tinge of bearishness as investors continued to wait for clear economic policy...
President Muhammadu Buhari disclosed Monday in Abuja that the 2016 National Budget being prepared by his administration will include fresh policies and measures to encourage the...
With the emission scandal that has trailed auto makers Volkswagen in USA, leading to the stepping aside of its Chief Executive Officer, the Federal Government has...
In from Success Allantee …. Securities and Exchange Commission (SEC), Nigeria’s apex capital market regulator, has cleared a total of 972 firms for operations in the...
The Central Bank of Nigeria (CBN) has promised to retain foreign currency controls because of concerns about slowing growth, Ripples has learnt. A senior bank official...
Following a leak in a pipeline system, the Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture has declared force majeure on exports from...
Even as Nigerians hope and pray for improved electricity power supply, available supply has dipped from 4,008.53Mega Watts (MW) to 3,619.70MW as at Wednesday, according to...
On the last day of September and eve of Nigeria’s 55th independence anniversary, Nigerian equities witnessed a strong rally as investors continued their positioning for the...
In line with its threat to reduce by half Nigerian bonds listed on JP Morgan’s emerging markets bond index (GBI-EM), the U.S. bank said on Tuesday...
The Nigerian Association of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA) on Tuesday decried the banning of Nigerian products and farm produce, by European Union,...
In from Success Allantee … Less than 72 hours to the self-imposed deadline by President Muhammadu Buhari for the formation of his executive cabinet, investors at...
In from Ali Smart … Worried by the reduction in the nation’s oil receipts as a result of dwindling oil prices in the global market, the...
To guard against flour products lacking in essential nutrients in the market place, the Standards Organisation of Nigeria (SON) has said flour mills that sell such...
Nobody, least of all Nigeria’s new president, has said that rooting out the rot in the political system will be easy. When he took office in...
In from Success Allantee … Quoted equities reopened yesterday with a tinge of downtrend, carrying over the negative overhang that closed the market on Friday. The...
The Nigerian National Petroleum Corporation (NNPC) in order to meet its counter-part funding of joint Venture (JV) upstream activities has secured a $1.2 billion (about N238.6bn)...
In fulfillment of federal governments directive that all Ministries, Departments and Agencies (MDAs) should close their various account with commercial banks and deposit the funds in...
In from Success Allantee … Quoted equities staged a modest recovery yesterday, regaining the overall positive market situation that was briefly halted on Tuesday by profit-takers....
After raking in N326 billion in two successive trading sessions, Nigerian equities slowed down yesterday as investors sought to lock in capital gains and rebalance their...
It seems concerted opposition by electricity consumers in the country has not dissuaded regulatory agencies, or providers of electricity in the country, as they have insisted...
Nigerian equities opened this week with widespread buying sentiments as investors anticipate the announcement of the members of the cabinet of President Muhammadu Buhari and the...
Nigeria’s Inflation rate in August rose to its highest level since February 2013, and above the Central Bank of Nigeria’s June upper limit of nine per...
In from Success Allantee … Nigerian equities shook off the mid-week scare caused by the announcement of the decision of JP Morgan to exclude Nigerian sovereign...
Nigerian equities pulled back from the steep decline that greeted Tuesday’s JP Morgan announcement of removal of Nigerian bonds from its government index. Against the background...
Diageo Plc, the parent company of Guinness Nigeria Plc, yesterday (Wednesday) announced that it plans to acquire additional equity stake to increase its majority equity stake...
In from Success Allantee … The benchmark index at the Nigerian stock market rose for the third consecutive day yesterday as investors dug deeper into value...
In from Success Allantee … Nigeria might be at a risk of enormous capital flight as JP Morgan has said it would delist the country from...
In from Success Allantee … The Nigerian stock market reopened yesterday with sustained positive sentiments as investors took positions in undervalued stocks ahead of the expected...
One of Nigeria’s leading banking institutions, FBN Holdings Plc, Monday evening announced major changes to its leadership team that will take effect January 1 2016. Folake...
In today’s knowledge economy, people are often a company’s most valuable asset, and losing talented employees can be extremely expensive. Laszlo Bock, the SVP of Google’s...
Following a review of toxic crude oil for refined products swap contracts, the NNPC has been able to recover about N55 billion ($227 million). Senior Special...
In from Ali Smart … In its quest to boost the revenue profile of the Federal Inland Revenue Service (FIRS), the Acting Executive Chairman (FIRS), Mr....
Nigeria economy appears to be enjoying high profiling as it has moved up five steps in the World Bank recent ranking on the ease of doing...
The Senate through its Ad- Hoc Committee on Waivers is likely to summon ministries, departments and agencies of government including the Federal Ministry of Finance, the...
The board of directors of United Bank for Africa (UBA) Plc on Thursday declared interim dividend of N7.2 billion as the bank’s half-year earnings report showed...