The Dangote oil and gas refinery remains on track to be operational in early 2021 despite the disruption caused by the COVID-19 pandemic, Devakumar Edwin, its...
The Securities and Exchange Commission (SEC) has refuted the purported resignation of its acting Director General (DG), Ms Mary Uduk, from the commission. A statement issued...
AIICO Insurance Plc has submitted an application to the Nigerian Stock Exchange, seeking approval for some 4.3 billion ordinary shares of N0.50 each which it plans...
NASD OTC Securities Exchange has admitted NEWREST ASL Nigeria Plc on its trading platform. NEWREST ASL was introduced by APT Securities Limited on the 11th of...
Amidst profit-taking, the Nigerian equities market survived pressure to close in the green territory last week with 0.67 per cent rise in the All-Share Index (ASI)....
Nigeria’s oldest financial services group and holding company, FBN Holdings Plc, has won the 2020 best corporate governance in Nigeria award by the World Finance. World...
The revision of the 2020 budget by the Federal Government was not intended to impose austerity measures on Nigerians, Prince Clem Ikanade Agba, Minister of State...
Unity Bank Plc, has declared gross earnings of N44.59 billion for its 2019 financial year, continuing a path to strong growth started in 2018 financial year...
As global economy contracts by 5.2% The year 2020, being the turn of another decade, was expected to bring many fortunes due to individuals’ personal...
The Debt Management Office (DMO) has announced the result of the third Sovereign Sukuk for which it offered N150 billion to investors. The Offer attracted a...
Nigeria’s oil sector regulator, Department of Petroleum Resources (DPR) has released strategic plan and policy for the survival and success of the industry post COVID-19. Engr....
The Department of Petroleum Resources (DPR) Thursday extended by one week, the deadline to register to bid for Nigeria’s marginal oilfields, with June 21 being the...
The Nigerian Senate, on Thursday, passed the Appropriation Act (Amendment) Bill, approving a budget of N10.805 trillion for the 2020 fiscal year, after consideration of a...
BusinessMetricsNG with wire report The proposed federal government’s intervention fund for airlines is generating fuss in the aviation sector, Daily Trust’s investigations have revealed. Stakeholders are...
Projects 6.5% GDP contraction this year BusinessMetricsNG with wire report The Federal Reserve decided on Wednesday to hold interest rates steady at near-zero, signaling its...
Investors at the Nigerian stock market went home on Wednesday with a collective loss of N62 billion as the All Share Index (ASI) nosedived by -0.47...
Financial services experts in Nigeria expect the volume of Nigerian Treasury Bills (NTBs) issuance to reduce in the short to medium term. This was unequivocally expressed...
Listed telecoms company, MTN Nigeria, has completed the issuance of its series I and II notes, under its N100 billion commercial paper debt programme. The company...
The Nigerian Senate has Wednesday confirmed Lamido Yuguda as the Director General of the Securities and Exchange Commission (SEC). The upper chamber of the National Assembly...
Domestic investors are responsible for the lion share of total transactions at the Nigerian Stock Exchange (NSE) following exodus of foreign investors from the market. According...