Bitcoin will plunge to $25,000, says JPMorgan JPMorgan Chase’s analysts have said that bitcoin price will decline to the $25,000 level before longer momentum...
25 defaulting employers cough out N608.55m pension remittance The National Pension Commission (PenCom) has said it recovered N608.55 million from 25 employers who deducted...
Electricity subsidy gulps N30bn per month, says FG The amount spent on subsidising electricity every month in Nigeria is now about N30 billion, the...
Afrexim Bank steps in with $200m infrastructure devt fund in Ogun The African Export-Import Bank (Afrexim) has disclosed its plans to support infrastructural development...
Banks cleared N246.62bn cheques In May Deposit money banks in the country cleared cheques valued at N246.62 billion in May, this year, latest data...
Why we’re borrowing to buy 20% stake in Dangote Refinery – FG The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam...
Nigeria receives over £26m repatriated pension from UK The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97 repatriated from the United...
Minister says petrol should sell above N280/litre The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said the...
57.3 million Nigerians complied with SIM-NIN enrolment directive More than 57.3 million Nigerians have so far complied with the ongoing National Identification Number (NIN)...
Facebook surpasses $1 trillion valuation for first time Social media giant, Facebook, has hit a $1 trillion valuation, following a dismissal of two antitrust...
Sairtel sets sail in Nigeria to bridge internet access gaps Nigeria has just welcomed a new entrant into the internet service space with the...
Crude Oil Nears $77 to Hit Three-year Level The price of crude oil continued its rally yesterday with Brent, Nigeria’s oil benchmark, nearing $77,...
NGX lists Guaranty Trust Holding Company shares on trading platform The Nigerian Exchange Group Plc (NGX Group) has listed Guaranty Trust Holding Company Plc...
Nigerian exporters may lose $34bn earnings if carbon target is not met A new study by Standard Chartered has said Nigeria risks losing $34.3bn...
NGX rebrands market indices Nigerian Exchange Limited (NGX) has announced the rebranding of all its existing indices by changing the prefix from NSE to NGX....
Mass metering first phase to gulp N60bn, says FG The Central Bank of Nigeria (CBN) is providing N60 billion for one million electricity...
Manufacturing sector recorded marginal uptick in April – CBN report The manufacturing sector recorded marginal growth as the Purchasing Managers’ Index (CPI) rose to...
Coronation Insurance grows Profit After Tax by 79.4% in Q1 2021 Highlights Net premium income for the period was N2.32 billion. (+2.2% YoY) Fees and...
Rewane says regulating FinTech a clampdown on corporate innovation Managing Director Financial Derivative Company, Bismarck Rewane has said that regulatory oversight for the Nigerian...
Unlisted securities market yields N6.2bn gains The NASD Over-the-Counter (OTC) Securities Exchange closed the week with a positive return on the NASD Share Index...
