Losing momentum from Monday’s bullish outlook, the Nigerian stock market on Tuesday reversed its previous gains as investors parted with N85.65 billion. This could be attributed...
African Export-Import Bank has signed a financing deal with UTM Offshore Limited at its 29th Annual Meetings in Cairo, Egypt recently. As part of the new...
The regulator of the insurance industry, the National Insurance Commission (NAICOM), has cancelled the certificates of registration of Niger Insurance Plc and Standard Alliance Insurance Plc....
Ahmed Ayanfe The cost of importing raw sugar into Nigeria in a 12-month period spanning the second quarter of 2021 to the first quarter of 2022...
Subsidy Hits N600/Litre Marketers say Subsidy No Longer Sustainable To make petrol consumption affordable for Nigerians, the federal government daily pay about N40.1 billion as...
As Profit Before Tax Soars by 102% The shareholders of Odu’a Investment Company have approved the payment of N418.4 million dividend, a 15 per cent increase...
The total value of domestic and foreign transactions on Nigerian Exchange Limited (NGX) for the first five months of the year 2022 has recorded a total...
Investors in the Nigerian equities market went home at the end of midweek trading on Wednesday with sum of N189.61 billion profit as the local bourse...
LivingTrust Mortgage Bank Plc has pegged its pretax profit expectation at N181.51 million for the third quarter of 2022. The mortgage lender also expect to post...
By Ahmed Ayanfe The World Bank Group has said that public debt in Nigeria and other low- and middle-income countries is now at a 50-year high,...
By Ahmed Ayanfe Nigeria’s custodian of data, the National Bureau of Statistics (NBS) has said the average retail price paid by consumers for petrol increased to...
Leading Banking as a Service (BaaS) enabler, OnePipe today announced the winners of its inaugural Writing Challenge, capping up a three-month process that began in March...
Telecommunications companies in Nigeria committed N2.85 trillion to their operations in 2021 to rake in N3.25 trillion as revenue at the end of the year. This...
By Ahmed Ayanfe Nigeria is intensifying efforts to earn a targeted revenue of $200 billion from non-oil exports, according to Godwin Emefiele, governor of the Central...
Headline inflation in Nigeria has recorded significant rise within the last 11 months. Latest figure by the National Bureau of Statistics (NBS) has shown that in...
Profit-taking activities continued on the floor of the Nigerian Exchange Limited on Wednesday, with a bellwether stock, MTN Nigeria dragging the downwards as it shares of...
By Ahmed Ayanfe Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has explained that the sustained oil price increase in the global market...
MFS Africa, the largest digital payments network in Africa, has raised an additional $100 million in debt and equity for its Series C, just six months...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...
