The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has directed petrol marketers to open Compressed Natural Gas (CNG) points at their filling stations to increase accessibility...
Food tech company, Foodstuff Store, today announced the introduction of its innovative recycling program. The expansion of the corporate mission to include waste management and recycling...
The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele for approving the printing...
The Central Bank of Nigeria is set to undergo a significant operational overhaul according to a recent report by the International Monetary Fund on Nigeria titled,...
By FBNQuest Research Last week, the International Monetary Fund (IMF) published its recent 2024 Article IV consultation with Nigeria. The IMF’s report provides insights on several...
Emirates, the world’s largest long-haul airline, is in a strong position for future growth after it posted a record annual profit by expanding its route network...
Introduction The Nigerian equities market has long been a focal point for discerning investors seeking areas of opportunities to substantial earning. Despite its volatility and occasional...
In response to the growing demand for business aircraft in Africa, charter operator, VistaJet, has made inroads into Africa’s private jet operations and restated commitment to...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc on Thursday at the third Annual General Meeting approved the company’s plan to establish a capital raising programme of $750...
The fortune of equity investors in Nigeria tumbled last week after the nation’s domestic bourse reversed previous gains to close the week in the red. Specifically,...
Nigerian Exchange (NGX) Limited has listed N4.075 billion of AVA Infrastructure Series 1 Fund on its trading platform. In a release, signed by the head, Issuers...
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to suspend implementation of 0.5% cybersecurity levy on all electronic transactions within the...
By Diana Tenebe, Chief Operating Officer, FoodStuff Store Forget grocery drudgery. Imagine vibrant shelves overflowing with fresh produce, thanks to a digital revolution on the farm....
United Bank for Africa Plc (UBA), Africa’s Global Bank, released its financial results for the first quarter ended March 31st, 2024, showing very strong growth across...
By Nkiruka Nnorom Call for proactive, not reactive fiscal policy Customers’ deposit in top deposit money banks rose 66 percent Year-on-Year (YoY) to N76.04 trillion at the...
The Ag Director General of the Securities and Exchange Commission (SEC) Dr. Emomotimi Agama, has disclosed the Commission’s plans to delist the Naira from P2P (peer-to-peer) crypto...
The Central Bank of Nigeria (CBN) has ordered all banks to start charging a 0.5% cybersecurity levy on all electronic transactions within the country excluding 16...
Nestle Nigeria Plc has posted a 43.4% Year-on-Year (YoY) increase in its revenue for the first quarter ended March 31, 2024 (Q1’24). Specifically, the company grew its...
The Naira on Monday depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the Nigerian...
Nigeria Deposit Insurance Corporation (NDIC) on Thursday announced an increase in the maximum deposit insurance coverage levels for all licensed deposit-taking financial institutions with immediate effect....