The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has said fuel marketers yet to obtain licence have till June 1 to remain in business. The...
The average yield on Nigerian Treasury bills (NTB) rose moderately to 7% as cash tasty deposit money banks (DMBs), fund, and asset managers offloaded their holdings...
The Nigerian Naira experienced a significant decline against the US Dollar in the black market, settling at an average exchange rate of N760/$1 on Monday, May...
Michael Nsikak John, a graduate of Mathematics from the University of Nigeria, Nsuka, Nigeria, has launched Nairacoin, the first native coin on a blockchain to create...
Federal High Court sitting in Lagos has fixed May 24 to hear a suit filed by a former lawyer with the Economic and Financial Crimes Commission...
Nigerian Equities Market closed positive on Friday as the key market indicator advanced by 53.38 bps amid positive market breadth. The NGX All-Share Index declined by 0.10% to...
In line with its mandate to promote investor participation in Nigeria’s capital market, enhance secondary market, Nigerian Exchange Limited (NGX) in collaboration with Afrinvest is set to...
By Rosemary Iwuala TAG Energy Group, a leading Nigerian oil and gas integrated service company, has announced its partnership with Bosch Rexroth Africa Development, a manufacturer...
Vice-President Prof. Yemi Osinbajo has described Oguta Lake to Orashi hydrographic survey and dredging project as a gamechanger as the project commence today. Speaking at the...
Source: Bank of England Monetary Policy Summary, May 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target,...
By CSL Research Team According to newspaper reports, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, stated that foreign exchange repatriation into Nigeria...
Nigeria has lost its status as Africa’s largest oil producer to Angola as Africa’s largest economy saw its oil output decline the most in April among...
As Production Drops to 1.25 Million Barrels Per Day Average oil production in Nigeria has reduced to 1.25 million barrels per day, latest data obtained from...
By Rosemary Iwuala The UK Supreme Court on Wednesday ruled that it was too late for Nigerian claimants to sue two Shell (SHELL) subsidiaries over a...
The Chartered Institute of Stockbrokers (CIS) has inducted the Chief Executive Officer of Nigerian Exchange Limited (NGX), Mr. Temi Popoola as a Fellow of the Institute...
Nigerian Exchange Limited (NGX) has lauded the Association of Securities Dealing Houses (ASHON) for enhancing professionalism and ethical conduct in the market. This was disclosed at...
By Rosemary Iwuala The Centre for the Promotion of Private Enterprises (CPPE) says some tax and import duty provisions in the 2023 Fiscal Policy Measures of...
Nigerian Breweries Plc has revealed a plan to raise N25 billion from commercial paper issuance to support the company’s short-term working capital and other funding needs....
Nigerian Exchange Group Plc (NGX Group) has announced its unaudited results for the period ending 31 March 2023, as the Group’s bottomline for the period rose...
The Kampala-headquartered mobility company has appointed former chief financial officer, Rob Sanford as CEO as former co-CEOs and co-founders, Alastair Sussock and Maxime Dieudonné seem to...