The Minister of Mines and Steel Development, Olamilekan Adegbite, has refuted media reports on the rehabilitation of the Ajaokuta Steel Plant, saying that the Federal Government...
The Securities and Exchange Commission (SEC) has said it is working with other agencies on a sectoral strategy to tackle potential cyber security threats on the...
The rising cost of crude oil will increase the cost of Nigeria’s gasoline subsidy by nearly ten times what it had originally budgeted, Nigeria’s President Muhammadu...
There was respite for naira, the country’s local currency after the Nigeria’s foreign reserves added $84.25 million to hit $39.635 billion last week. Business Metrics found...
Performance of the local stock market again ended in the red territory last week leading to N114 billion loses for stock investors whose participation at the...
Shareholders of Guaranty Trust Holding Company (GTCO) Plc have unanimously endorsed the payment of a total dividend of N3 per share for the financial year ended...
Lekoil Nigeria Limited has filed a petition in the Grand Court of Cayman Island Court to request the just and equitable winding up of Lekoil Cayman...
With sustainable finance gaining momentum globally, governments and corporate issuers are paying increasing attention to environmental, social and governance (ESG) factors, and investors, regulators and other...
The Chartered Institute of Stockbrokers (CIS) has launched an Academy to deliver structured professional training for capital market operators, investors and the general public. Speaking at the inauguration...
Transcorp Hotels Plc spent about N1.6 billion in 2021 to provide power to its hotels across Nigeria. Chairman of the company, Emmanuel Nnorom, who disclosed this...
The Nigeria Content Development and Monitoring Board has highlighted divestment from hydrocarbons assets and energy shortage as two implications of energy transition with different impacts on...
The Federal Government has said that the existing trains of the Nigeria Liquefied Natural Gas company are witnessing insufficient gas supply, noting that this is why...
The International Air Transport Association (IATA) has announced that air travel posted a strong rebound in February 2022 compared to January 2022, as Omicron-related impacts moderated...
The Central Bank of Nigeria (CBN) has imposed an N800 million fine on three Deposit Money Banks (DMBs) in the country for violating regulations barring customers...
Dangote Cement PLC has obtained approval from its Board of Directors to access the Capital Markets for medium to long-term debt funding under its N300 billion...
Veritasi Homes and Properties, a foremost real estate company in Nigeria, has signed its Commercial Paper (CP) programme worth N10 billion. The CP programme was approved through...
The Centre for Promotion of Private Enterprises (CPPE) has again urged the Central Bank of Nigeria (CBN) to adopt a flexible exchange rate regime to end...
Following an announcement on 28 February 2022 that it had entered into an agreement with Savannah Energy Investments Limited, a subsidiary of Savannah Energy PLC, Lekoil...
The Bank of Industry (BoI) has said it is currently shopping for $6 billion from foreign investors to improve the nation’s real sector. According to the...
The Managing Director, Unity Bank Plc, Mrs Oluwatomi Somefun, has said the bank remains committed to its strategic partnership with maize farmers to support their capacity...