Seplat Petroleum, Waltersmith Refinery sign crude purchase agreement Seplat Petroleum Development Company Plc, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited....
AfDB approves $7m for mini-grid projects in Nigeria, others The Board of Directors of the African Development Bank (AfDB) has approved a $7 million grant...
Op-ed: A Bank in Every Pocket By Murray Gardiner, MD of Bluecode Africa Confidence in African digital payment solutions is essential to minimising fraud and...
NEWS ANALYSIS: SIMs/NINs Directive: Time to rescue telecoms industry THE directive last week by the Ministry of Communications and Digital Economy that the National Identity Number,...
FG mulls travel ban over COVID-19 new strain Worried by the mutated strain of COVID-19 in the United Kingdom, the Federal Government says it may...
Dangote Cement commences share buyback with 85.203m shares Limits repurchase to 10% of issued capital Cautions investors in dealing with its shares Dangote Cement Plc (Dangote...
Dangcem leads bulls to N334bn gain as week opens Dangote Cement led charges as the Nigerian equity market on Monday sustained its positive outlook to...
Eterna shareholders to sell stakes to new investor Eterna Plc has announced the decision of some of its shareholders to sell equity holdings in the...
Banks’ credit to private sector hits N19.54trn in November Nigerian banks’ gross credit to players in the private sector has increased to N19.54 trillion as at...
Concerns as Nigeria’s forex reserves shed $132.06m Nigeria’s foreign exchange (forex) reserves dropped by $132.06 million at the weekend as the apex bank continued to...
NAICOM tasks insurers on N463.1bn annuity business The National Insurance Commission (NAICOM) has expressed worries over the declining participation of life companies in retiree life...
Africa faces $108bn annual infrastructure deficit – Adesina African countries are faced with a collective deficit of $108 billion to bridge infrastructural gap in the...
NBS DATA: Nigeria imports petrol worth N1.62trn in 9 months Nigeria spent a total of N1.62tn on the importation of Premium Motor Spirit (petrol) from...
National Assembly passes N13.58trn budget for 2021 The National Assembly, Monday passed the 2021 Appropriation Bill to the tune of N13, 588, 027,886, 175 trillion...
FG extend deadline for NIN-SIM registration The federal government has relaxed the initial deadlines set for harmonization of telecoms Subscriber Identification Module (SIM) with National Identify...
Heritage Bank partners LAWMA for sustainable greener, cleaner Lagos Launches Lagos Recycle Initiative Heritage Bank Plc has entered into strategic partnership with Lagos Waste Management Authority...
Food prices rising, household incomes precarious – NBS The prices of most food items increased in November this year, while the incomes for many households...
FG collects N2.27trn revenue in Q3; records N1.29tn fiscal deficit The Federal Government recorded a fiscal deficit of N1.29 trillion during the third quarter of...
NDIC: 42 microfinance banks lose operating licences The Central Bank of Nigeria (CBN) has revoked the operating licences of 42 microfinance banks in the country....
SEC, FSD Africa begin review of Nigerian Capital Market Master Plan The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa...