As part of efforts to reposition the capital market as a catalyst for economic development, the Securities and Exchange Commission (SEC) announced that it had approved...
The domestic equities market halted its bearish run on Thursday, as gains in Transcorp Hotels Plc and 15 others buoyed the overall capitalisation gained N27 billion....
The Federal Airport Authority has said it has diverted all flight operations from the Murtala Muhammed Airport terminal 1 to the D wing of the airport...
The Minister of Aviation, Festus Keyamo, has suspended Dana Airline operations due to concerns surrounding the safety and financial viability of their operations. The ministry, through...
PRESS RELEASE Transport stakeholders drawn from the Lagos State Ministry of Transportation, Nigerian Police Force, and the ride-hailing company inDrive have agreed to join forces in...
In the dynamic landscape of the Nigerian insurance industry, the journey towards sustainable growth and development has been marked by challenges and opportunities alike. As the...
By Gilbert Ayoola As the global economy faces the challenges of rising inflation, investors around the world are seeking opportunities to safeguard and grow their wealth....
By Gilbert Ayoola The Central Bank of Nigeria (CBN) recently issued a directive instructing all Deposit Money Banks (DMBs) in the country to reduce their Loan-to-Deposit...
The Nigerian stock market returned stronger on Monday as investors raked in N71 billion to commence the week driven primarily by rally in some banking stocks....
The Presidency on Sunday said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year...
President Bola Tinubu has approved the appointment of Emomotimi Agama as the Director-General of the Securities and Exchange Commission (SEC). A statement by presidential spokesman, Ajuri...
Nigerian Exchange Group and some listed companies have sought the intervention of the Federal Government to ease the challenges faced by the manufacturing sector in the...
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have...
Following the challenging operating environment that impacted its operation in 2023, Nigerian Breweries Plc is taking a bold move to raise N600 billion fresh capital as...
The Central Bank of Nigeria (CBN) has reduced the Loan to Deposit Ratio (LDR) of banks to 50% from 65%. The reduction was announced via a...
The Securities and Exchange Commission of Nigeria has announced the virtual Capital Market Committee meeting for the first quarter of 2024. The meeting, which is scheduled...
The Nigerian equities market sank deeper on Tuesday to record its eighth consecutive bearish session and highest daily losses since February 19. At the close of...
Nigeria’s public debt has been growing steadily in recent years, reaching a significant level of N97.34tn (US$108.23bn pegged at N899.39/$) as of 31 December 2023, according...
Oil was little changed after rising earlier with traders waiting for clues on how Israel will respond to an unprecedented attack by Iran. Global benchmark Brent...
Nigeria’s inflation rate increased to 33.2% for the month of March 2024 driven by rising cost of foods in the country, according to the latest data...