Nigeria’s headline inflation accelerated for the ninth consecutive months to 21.09 percent year-on-year in October from 20.77 per cent in September. The latest Consumer price Index...
The domestic bourse returned to negative territory last week to offset respite experienced by investors in the previous week with investors’ funds depleting in the latest...
Embattled cryptocurrency exchange FTX has filed for bankruptcy in the US, seeking court protection as it looks for a way to return money to users. Former...
By Christy Animam Brent crude oil appreciated by 3.1% to $96.53 a barrel at 1 pm Nigerian on Friday. U.S. West Texas Intermediate (WTI) crude gained 3.3% to $89.34...
By Dele Castro The Board of Nigerian Breweries has announced approval of N3.288 billion as interim dividend for its shareholders, according to a disclosure filed at...
Source: United Capital The Federal Government via the Minister of Agriculture & Rural Development recently approved a five-year tax and duty-free holiday for agricultural production and...
The Regulatory arm of the Nigerian Exchange Group, NGX Regulation Limited (NGX RegCo) has fined 16 listed companies a sum of N90.67 million for failure to...
Christy Animam The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said the telecommunications sector played significant roles in lifting...
By Dele Castro Ogun State Governor, Dapo Abiodun has disclosed that Gasoline Integrated International, expressed its readiness to build a N3bn refinery in Tongeji Island, Ipokia...
By Dele Castro Nigeria’s Vice President, Prof Yemi Osinbajo has said Asset Management Corporation of Nigeria, AMCON, made a total of N307 Billion in debt recovery...
By Dele Castro Nigeria’s public debt stock increased from N35.46 trillion (86.57 billion dollars) in the second quarter of 2021 to N42.84 trillion (103.31 billion dollars)...
Nigerian Exchange Limited (NGX) hosted the Chartered Institute of Stockbrokers (CIS) to a Closing Gong ceremony to commemorate the Institute’s 30th anniversary alongside the reopening of the...
By Christy Animam The Minister of Aviation, Senator Hadi Sirika, on Tuesday, said Nigeria would soon get a national carrier operational. Sirika stated this when he...
The Governor of Bayelsa State, Douye Diri, has just presented a N385.2 billion budget estimate for 2023 to the State House of Assembly. Details of the...
Nigeria’s vast non-oil endowment must be urgently leveraged to diversify and expand its revenue base, reduce the dependence on crude oil for foreign exchange earnings, and...
By Christy Animam MTN, Airtel, as well as money deposit banks in Nigeria have been appointed by the Federal Inland Revenue Service (FIRS) to withhold Value...
The Federal Government has disbursed a total of $64.8m and committed $392m for the development of off-grid electrification projects in the 36 states of the federation...
The Nigeria stock market closed flat to begin weekly activities on Monday riding on the wave of mixed sentiments. This was as a loss in the...
By Christy Animam MTN Nigeria Communications Plc has announced the appointment of Ms Obiageli Ugboma as its Chief Risk and Compliance Officer. In a corporate disclosure issued...
In line with its strategic intent to always provide solutions and business support for its customers, leading financial institution, Fidelity Bank Plc, has announced plans to...