Oil giant Saudi Aramco sees 2020 profits drop to $49 billion Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in...
CBN raises SMEs fund to N300bn as beneficiaries get N149.21bn The Central Bank of Nigeria (CBN) today announced its decision to raise the Targeted Credit...
Manchester City becomes first English football club to go crypto Four-time English Premier League champions, Manchester City has become the latest football club to embrace...
FAAC disburses N619.34bn in January 2021 – NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N619.34bn to the three tiers of...
Dangote Cement announces N273 billion dividend for shareholders Nigeria’s biggest public company Dangote Cement Plc said it would pay shareholders N16 for every share held in...
DMO lists N162.56bn Sovereign Sukuk on NSE, FMDQ The Debt Management Office (DMO) has listed its third Sovereign Sukuk of N162.557 billion on the leading bourses...
External reserves drop by $523m in two weeks Nigeria’s external reserves dropped by $523m to $34.475bn as of March 16 from $34.998bn as of March...
FG approves N575bn for immediate rehabilitation of Port Harcourt refinery The Federal Executive Council (FEC), presided over by President Muhammadu Buhari on Wednesday, approved the...
Buhari approves directors for AfDB, IsDB President Muhammadu Buhari, on Tuesday approved the appointment of Dr Oyebode Oyetunde as Executive Director for Nigeria at the...
By FDS Analysts The consumer price index spiked further in February by 0.86% to 17.33%, marginally higher than FDC forecast (17.2%). This is the highest inflation...
Sterling Bank appoints two directors Sterling Bank Plc has announced the appointment of Ankala Prasad and Paritosh Tripathi as non-executive directors in replacement of Ramesh...
NCAA suspends operations of Azman Air Agency Report Following a series of incidents involving Azman Air Boeing 737 aircraft, the Nigerian Civil Aviation Authority (NCAA)...
Post Assurance Brokers gets prestigious ISO certification Post Assurance Brokers Limited has achieved International Standard Organisation 9001:2015 certification. A statement from the company titled ‘Post...
NASRDA launches new satellite June Agency Report The National Space Research and Development Agency says it is putting modalities in place to launch a Cubesat...
In retrospect: Nigeria attracted $2.14bn forex in Q4 2020 The Nigerian economy attracted a total sum of $2.14 billion as foreign exchange inflow in the...
EFCC demands asset declaration from bankers Abdulrasheed Bawa, the chairman of the Economic and Financial Crimes Commission (EFCC), on Tuesday said the commission would from...
Lagos to immortalise Jakande with Lateef Jakande Leadership Academy Lagos State will set up a Leadership and Fellowship academy to immortalize the late Alhaji Lateef...
By PFI Analysts Earlier today, the National Bureau of Statistics (NBS) released the February 2020 inflation figures. According to the report, inflation rose for the 18th...
Stanbic IBTC launches own insurance subsidiary Stanbic IBTC Holding Plc., a member of Standard Bank Group has expanded the scope of its operation in the...
AfDB commits $530m to renewable power transmission in Angola The African Development Bank (AfDB) has committed $530 million to finance the construction of a 343...