The Lagos State Internal Revenue Service (LIRS) has reaffirmed its renewed efforts in leveraging cutting-edge technology and effective advocacy to significantly enhance the state’s revenue generation....
Nigerian stocks closed in the bear territory following profit-taking activities on all trading sessions during the week except Friday when the market staged a +0.4% deadcat...
By Umar Suleiman A fall in Nigeria’s oil production below its allowable quota by over four million barrels in July has led to loss of potential...
The Central Bank of Nigeria (CBN) intervention in the power, manufacturing and aviation sectors have risen to N5.6 trillion in three years, findings have shown. The...
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The NBS disclosed this in its Consumer...
The Ministry of Finance Incorporated (MOFI), the investment vehicle of the federal government, has said it is working to attain N100 trillion in Asset under Management...
Pan African Telecommunications Group, MTN, said it has signed a memorandum of understanding with Mastercard to sell a minority stake in its fintech business valued at...
By Umar Suleiman In a move aimed at propelling its growth and market presence, McNichols Consolidated Plc has embarked on a rights issue to raise N265.62...
Major and independent petroleum product marketers in Lagos State have shut down their dispensing outlets over speculation of possible hike in pump price of Premium Motor...
By Umar Suleiman The Nigerian Civil Aviation Authority (NCAA) has threatened to ground any aircraft operated by any local airlines without valid insurance cover. This is...
Interests of foreign investors in Nigeria’s manufacturing sector dwindled significantly in the first quarter of 2023, the National Bureau of Statistics (NBS) revealed in its capital...
The average cost of bus transportation within Nigerian cities rose from N649.59 in May 2023 to N1,285.41 in June 2023 as the pump price of Premium...
Calls for more collaboration, awareness With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission...
inDrive, the innovative global mobility and urban services platform, announces the launch of its ride-hailing service in Port Harcourt, marking the company’s continued expansion in Nigeria....
The Debt Management Officer (DMO) has activated the process to offer two savings bonds of the Federal Government of Nigeria (FGN) for subscription for the month...
The directors and associates of Union Bank of Nigeria, Stanbic IBTC Holdings, Sterling Bank and Access Holdings were granted N112.77bn loans in 2022, an analysis of...
Bybit, one of Coingecko’s top-five crypto exchanges, has announced that users can now buy crypto on-chain using Bybit’s peer-to-peer (P2P) trading service. The P2P enhancement currently...
The NGX All-Share Index and Market Capitalization appreciated by 0.22% last to close higher at 65,198.08 basis points and N35.480 trillion respectively. Trading records showed that...
Efforts are on top gear by the Nigerian Communications Commission (NCC) to introduce a policy to encourage green energy usage in the country’s $75.6 billion-worth telecommunications...
By Umar Suleiman Nigerian Exchange Limited (NGX) has listed Federal Government’s N130 billion Sovereign Sukuk through the Debt Management Office (DMO) on its platform. The 10-year 15.64%...