The President, Major General Muhammad Buhari, (Rtd) on Tuesday, inaugurated the $2.5 billion Dangote Fertilizer plant in Lagos. The plant has capacity to produce three million...
As many analysts look into how Ukraine war affects Africa, the President of the African Development Bank, Akinwumi Adesina, has warned that many African countries may...
The House of Representatives’ Ad Hoc Committee on Recovery of Outstanding Debts Owed By Oil and Gas Companies has advanced drastic steps to recover a total...
Delta Air Lines and Boeing are advancing in negotiations to finalize the purchase of up to 100 737 MAX 10 aircraft, as reported by Reuters. According...
DELTA Airlines has said it will soon commence flight operations to new routes as part of efforts to provide improved services to its customers. A statement...
Opening the week today the Nigerian equities sustained its losing streak for the third consecutive session as it declined by N17 billion. The All-Share Index (ASI)...
Incurs N950bn domestics borrowing in Q1 2022 already As IMF, experts cry out Even amidst troubled revenue generation and socio-economic contradictions facing the country, Nigeria’s...
In a conversation at SXSW, Mark Zuckerberg announced that his company plans to introduce non-fungible tokens (NFTs) into Instagram in the near term. While the Meta...
The Pan-African banking group, Ecobank Transnational Incorporated (ETI) has announced conclusion by its board of directors to pay its shareholders dividends of $0.16 per share for...
Nigerian Exchange Limited and MTN Nigeria Communications Plc have signed a Memorandum of Understanding to promote financial literacy and enhance retail participation in the Nigerian capital...
Fitch Ratings said that the decision of the Federal Government to reverse its plan to phase out the implicit fuel subsidies that support price controls on...
Nigeria’s national power grid today collapsed again, leaving the entire country without electricity supply. The latest collapse followed weeks of bickerings among operators that has led...
The Federal Government is open to onshore and natural gas investments in Nigeria by the Turkish government, the Minister of State for Petroleum Resources, Chief Timipre...
Barely 24 hours after the price of aviation fuel rose by 35 per cent from N430/litre to N580/litre, oil marketers on Wednesday predicted that the price...
Lists benefits for economy, shareholders Apparently worried by unending inquiries by its happy investors and stakeholders who barely a week ago welcomed its share deal...
The market capitalisation of equity investments at the Nigerian Exchange Limited (NGX) has further moderated to N25.475 trillion in response to profit-taking pressure from investors. This...
Guaranty Trust Holding Company Plc (GTCO Plc) has reported that its Profit Before Tax (PBT) stood at ₦221.5 billion in 2021, representing a dip of...
Nigerian Exchange Group (NGX) Plc has reported a 22.2 per cent growth in its profit after tax (PAT) for the 2021 financial year. This is contained...
Vice President Yemi Osinbajo has said that in a bid to close the infrastructural gap in the private sector, the Federal Government invested an estimated N300...
Seplat Energy Plc on February 25 announced an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU), a subsidiary of ExxonMobil. In...