
FEC approves $11bn for Lagos-Calabar coastal rail, $1.48bn refineries’ repairs The Federal Executive Council on Wednesday approved $1.48bn for the rehabilitation of two refineries...

NNPC gets FEC approval to hold 20% stake in Dangote Refinery The Nigerian National Petroleum Corporation (NNPC) has been given the approval to acquire...

FG unveils advisers for $6.2bn fresh foreign borrowing The Federal Government of Nigeria has appointed transaction advisers to facilitate the issuance of Eurobonds in...

FirstBank backs 120,000-ton rice mill expansion First Bank of Nigeria has affirmed its support for the expansion plans of WACOT Limited, a subsidiary of...

UAE lifts ban on Nigerian transit passengers, others Transit flights banned into the United Arab Emirates (UAE) from Nigeria, India, Pakistan, Sri Lanka, Nepal...

Transcorp leaps half-year profit by 713% Transnational Corporation of Nigeria Plc (Transcorp) has released its unaudited results for the half-year ended June 2021, recording significant...

NGX and other African securities exchanges advance cross-border trading Cross-border trading from one African securities exchange to another comes a step closer, after the...

More youth emigrating to escape poverty as unemployment bites in Nigeria – World Bank The World Bank affirmed that Nigeria is currently going through...

ICAO reveals how African aviation industry can flourish Africa has 731 airports and 419 airlines with an aviation industry that supports around 6.9 million...

Planting initiative to hire 1,000 adults to boost rice cultivation A new rice planting initiative (wet season) capable of engaging 1,000 women and youths...

Total Oil exits red zone to post N8bn profit in six months Total Oil Plc has posted a profit after tax of N8.065 billion...

Local bourse reclaims N20trn stand after N330bn gain Equities transaction on the floor of the Nigerian Exchange Limited (NGX) sustained its positive outlook on...

REVEALED: Why power supply was poor on Salah Day Nigerians in various regions of the country experienced epileptic power supply on Tuesday amid Eid-el-Kabir celebration,...

Nigeria to share in 400000bpd oil raise agreement by OPEC Nigeria is to ramp up crude oil production following the agreement reached by members...

SEC Nigeria reaches compromise with Oando Plc after four-years in court After over 48 months of long-drawn battle, the managements of both Securities and...

Nigeria already in electric vehicle revolution race Director General of National Automotive Design and Development Council (NADDC), Engr. Jelani Aliyu has disclosed that the...

External reserves depletes by $180m in two weeks The Central Bank of the Nigeria (CBN) has revealed that the country’s external reserves lost $180...

CBN restricts sugar importation to Dangote, BUA, Golden The Central Bank of Nigeria (CBN) has announced that Dangote Sugar Refinery Plc, BUA Sugar Refinery...

Naira firms up by 0.13% at I&E window At the I&E Window of the foreign exchange market, the naira appreciated by 0.13 per cent...

Bulls recover N8bn for equities investors in midweek trading Return of the bulls to the floor of Nigerian equities market on Wednesday recovered N8 billion...