There are assertions that over 80 per cent of the youths in the border areas are involved in smuggling. How...
By CHIKA IZUORA, Lagos The dust raised by the hike in the prices of domestic Liquefied Petroleum Gas, LPG, also known as cooking gas, is yet...
Analysts from securities companies are optimistic of stock market uptrend this week on Dangote Cement Plc shares buy-back programme and positioning for 2021 full year financial...
Following the passage of the 2022 Appropriation Bill by the Nigerian National Assembly and its eventual signing into law on the 31st December 2021, the Minister...
Nigeria topped African exporters in Liquefied Natural Gas, (LNG), in 2021 with 17.9 million metric tons MMt, says a report published by leading information provider IHS...
Stakeholders have called for the prosecution of culprits fingered in the N14 billion hidden fund of defunct Power Holding Company of Nigeria (PHCN) in banks. Human...
An energy park, consisting of a modular refinery, gas processing facility, compressed natural gas plant, a refined product terminal, a 20 megawatts power plant and data...
Two firms, namely, Learntor and Women in Agile (WiA) Africa have partnered to organise a conference that will expose women to opportunities and skills development in...
For the fourth quarter (Q4), 2021, Aggregate Manufacturers Confidence Index (MCCI) score increased to 55.4 points from 54.0 points obtained in the preceding quarter (Q3). This...
Turn Your Knowledge and Experience Into Income After You Retire. Here are five home business ideas that allow retirees to capitalize on what they know or...
Global oil demand has proven stronger than expected as the latest coronavirus variant inflicts a softer hit to the economy than anticipated, the International Energy Agency(IEA)...
Sterling Bank Plc has partnered with the Nike Art Gallery to install solar panels at the gallery via the bank’s Imperium outlet as part of its...
MTN Nigeria Communications (MTNN) Plc, Dangote Cement Plc and 14 others raised N339.46 billion on commercial papers (CPs) in 2021. Commercial papers are short-term debt securities...
Parallex Bank Limited, the latest regional bank in the country, yesterday made its debut in the Nigerian banking space promising customers no charges on the first...
The Nigeria Liquefied Natural Gas(NLNG) Limited has discredited an online advertisement announcing vacancies for its Train 7 Project positions. The advertisement goes further to request that...
The chief executive officer of Medallion Data Centre Limited, Engr. Ikechukwu Nnamani, has said the acquisitions of datacdentre assets of Medallion Communication Limited in Nigeria and...
Nigerian businesses lost a whopping N10.72 trillion ($26.1billion) between June 5, 2021 to 13th January 2022, during the seven-month shutdown of Twitter operations in Nigeria, the...
It is the bounden duty of leaders, particularly within the West African sub-region, to do the best for their people, despite shrinking resources, President Muhammadu Buhari...
The federal government has set a revenue target of N4.1trillion to the Nigeria Customs Service (NCS) in 2022. This year’s revenue target indicates an increase of...
The Nigeria Liquefied Natural Gas NLNG Limited (NLNG), has approved to dedicate 100 per cent of its Liquefied Petroleum Gas, company’s LPG production (Propane & Butane)...
The Organization of Petroleum Exporting Countries [OPEC] and its allies are trying to prevent crude prices to climb to $100 a barrel, and are reviving production...
Dangote Cement Plc has commenced the second tranche of the shares buyback programme as the management proposed to repurchase 170.003 million shares from shareholders. Share buyback,...
President Muhammadu Buhari has approved the appointment of Dr. Ogechi Paschal-Ejiogu to the board of directors of the Nigeria Sovereign Investment Authority (NSIA), effective January 6th,...
A British fintech company creating neobanks in emerging markets, Fintech Farm, has raised a $7.4M investment to develop its new project. A Neobank is a type...
The Nigerian equities market yesterday shed N2 billion on investors’ profit taking in 15 stocks after the massive gaining streak recorded the previous day. The All-Share...
An economist, Mr Bismarck Rewane, has said ICT, Financial Services, Transport, Construction, Manufacturing, Trade and Agriculture sectors are expected to drive economic growth in 2022. He...
One of the most lucrative business sector across the world, including Nigeria, is agriculture. As such, some state governments have embarked on diversifying their revenue sources...
Nigeria’s evaporated milk brand, Hollandia Evap Milk, has described the need for consumers to start the new year with the required nourishment needed to stay healthy...
Complying with the federal government’s directive on excise duty payment on non-alcoholic drinks, Guinness Nigeria Plc said it will be increasing the price of selected brands...
First Bank of Nigeria Limited, will tomorrow, hold its “Nigerian Economic Outlook Webinar” which is convened to reflect national and global economic trends that shaped 2021,...
Electricity generation companies received N311.06 billion for power supplied to the national grid in the first nine months of last year, which was 50 per cent...
Bullish sentiments returned to the Nigerian equities market yesterday, as investors’ interest in Dangote Cement and 23 others drove the market capitalisation to hit N24 trillion...
Prudential Africa has signed a sponsorship agreement with the Confederation of African Football (CAF) to become the official insurance partner of the 33rd edition of Africa...
Clearing agents operating at the Tin-Can Island Ports Complex, Apapa has complained about accruing storage and demurrage charges due to server breakdown of the National Vehicle...
The Central Bank of Nigeria (CBN) has dissociated itself from a report by an online medium claiming that CBN Governor Godwin Emefiele may resign his position...
As the global economy is predicted to decelerate by up to 4.3 per cent in 2022, Nigeria and other countries facing debt sustainability challenges may face...
The Nigerian equities market yesterday halted its previous five consecutive day positive outing to close on a negative note for the first time in the year...
Leadway Assurance has extended its flagship Agric-insurance cover cover crop farmers for losses incurred due to cattle grazing encroachment into their farmlands. The policy is in...
Stakeholders in the oil sector need to collaborate with the Federal Government for the dredging of the Calabar channel to enhance petroleum distribution in the state....
The Shippers Association of Lagos State (SALS) yesterday raised the alarm that they are not protected enough by the Nigerian Shippers Council (NSC). Speaking at a...
MultiChoice Nigeria has appointed Atinuke Ngozi Babatunde as the Academy Director, West Africa, MultiChoice Talent Factory (MTF). She succeeds Femi Odugbemi, who occupied the role between...
The Nigerian Independent Petroleum Company (NIPCO) has positioned it’s workforce for improved service delivery in the coming year 2022. The managing director and chief executive officer...
Oil prices climbed on Tuesday after two days of losses, with some risk appetite returning as the market awaited clues from the U. S Federal Reserve...
The minister of communications and digital economy, Prof. Isa Ali Ibrahim Pantami and his counterpart in the ministry of interior, Ogbeni Rauf Aregbesola, will commission a...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria(CBN) to remove restrictive controls that makes it difficult...
The Lagos Chamber of Commerce and Industry(LCCI) has urged the government at all levels to ensure creation of an enabling tax environment where tax system is...
Maritime stakeholders thought the myriad of challenges facing the port system will end by year 2021 and operators can heave a sigh of relief. They believed ...
BY ADEBAYO WAHEED, Ibadan Oyo State Governor Seyi Makinde on Monday, paid a condolence visit to the family of the late Soun of Ogbomosoland, Oba Jimoh...
The Olu Afobaje Ile Ibadan, Chief Wahab Popoola has declared that the elevation of Ibadan High Chiefs to Royal Majesties by the past administration in Oyo...
The chief executive officer of Mouka, Mr Raymond Murphy, said, the recently announced change in ownership of Mouka to Dolidol was to set the scene for...
Africa’s global bank, United Bank for Africa has said that it has concluded plans to commemorate the 4th year anniversary of its flagship artificial intelligence Chabot,...
The Federal Ministry of Power has successfully facilitated the full payment of Abuja Electricity Distribution Company (AEDC) workers outstanding salaries and allowances and remittance of 20...
With just a year into the 2023 elections, a report by Sigma Pensions has said, a large fiscal borrowing plan and higher political risk premiums is...
Nigerian Exchange (NGX) market capitalisation rose by N28 billion amid sustained bargain hunting in 28 stocks. The All-Share Index (ASI) increased by 42.71 absolute points, representing...
TotalEnergies EP Nigeria Limited has declared a Force Majeure resulting from its NOPL Line vandalisation at KP41 on January 7, 2022. According to TotalEnergies EP Nigeria...
The Minister of Science, Technology, and Innovation, Dr. Ogbonnaya Onu, has said that Science, Technology and Innovation (STI) remains the main driving force of growth and...
FCMB Group Plc and Ogun state government have partnered on provision of affordable mortgage loans to to subscribers of low-cost schemes in the state. First City...
There is optimism among stakeholders that the much-expected Dangote Refinery will change the narratives in the nation’s downstream sector this year. The 650,000 barrels per day...
The federal government is planning fresh investments of N3.53trillion in the Nigerian housing sector to address the 17 million housing deficit in the country. The investment...
Ten stockbroking firms traded stocks valued at N1.010 trillion in 2021. This was revealed in the Broker Performance Report for January 2, 2021 to December 31,...
Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings Plc, has enlightened Nigerians on the potentials of investing in the stock market. The company held virtual...
Four major aviation unions may withdraw their services if the much expected Condition of Services (CoS) being worked on, by the government is not implemented on...
The Securities and Exchange Commission (SEC) has announced plans to launch a revised version of the 10-year Capital Market Masterplan in 2022 to reflect the dynamism...
The new Financial Act 2021 as amended which was passed into law by the National Assembly and signed into Law by President Muhammadu Buhari, recently upheld...
Ecobank has reiterated that it remains the partner of choice in Africa for export trade because of its unique positioning, wide network, pan-African payment switch, settlement...
The president, African Insurers Organisation (AIO), Mr. Tope Smart has called on insurance stakeholders on the continent to unite and address the challenges bedeviling insurance growth....
Nigeria lost not less than $3.5 billion revenue to crude oil theft in 2021 alone, representing about 10 per cent of the country’s foreign reserves according...
The escrowing of the bank accounts of the 11 electricity distribution companies (DisCos) by Central Bank of Nigeria (CBN) has improved repayment of market operators invoices...
Investment analysts have stated that, positioning for 2021 full year dividends will continue to support buying activities in the Nigerian stock market. Analysts Optimism In...
The manufacturing sector has witnessed lots of challenges but the key problem is the inability of businesses to access dollars to import raw materials and machineries....
The National Information Technology Development Agency (NITDA), through its subsidiary, the National Centre for Artificial Intelligence and Robotics (NCAIR), and in partnership with Japan International Cooperation...
Managing director of Abuja Electricity Distribution Plc, Engr. Akin Bada has said the company will collaborate with the National Training Power Institute of Nigeria (NAPTIN) to...
The Centre for the Promotion of Private Enterprise(CPPE), has advocated re-engineering of forex market, even as it applauded the appointment of Dr Doyin Salami as the...
The Centre for the Promotion of Private Enterprise (CPPE), an economic advocacy group, has identified Dangote Petroleum Refinery as one of the key expected drivers of...
South Korea has earmarked $12.4 million to finance the installation of solar mini-grids in rural areas of Nigeria. The project, led by the Korea Institute for...
Members of the Organised Private Sector (OPS) and other stakeholders in the nation’s economy have urged the federal government, through the Central Bank of Nigeria (CBN),...
Lagos State government on Friday said the deficit of 521.275 billion of the 2022 budget will be funded through 1.237 trillion targeted revenue as well as...
Nigeria’s Islamic financial institution, Jaiz Bank Plc says it has grown its balance sheet by N266 billion in its 10 years of existence as a non...
Heirs Holdings has launched a tender for work on the Elelenwa multi-phase pump gathering station, on OML 17 in Nigeria. The tender is coming close to...
54 more subscribers to Glo on Thursday went home with the prizes they won in the Joy Unlimited Extravaganza promo packaged by Globacom. The star prize...
Crowdfunding in Nigeria is a means through which businesses can raise capital by pooling together small amounts of money from a large number of people instead...
How Firstbank Is Enabling Nigerians To Bask In The Euphoria Of Receiving Money From Abroad As They Welcome The New Year 2022 Receiving money from loved...
Rising issuance of Commercial Papers (CPs) in Debt Capital Market (DCM) has provided companies with the opportunity to raise capital to meet short-term funding obligations cheaply,...
No fewer than 20,000 members of the Agricultural Produce Sellers Association of Nigeria (APSAN ) across Nigeria have benefited from the Central Bank of Nigeria (CBN)...
Nigeria’s quest to reclaim its spot as maritime hub in West and Central Africa is gathering momentum as the nation’s first deep seaport, Lekki Port has...
Chevron Corporation is considering new upstream oil fields while also deepening productions from producing assets as it announced a 2022 organic capital and exploratory spending programme...
Wema Bank Plc has assured that there are no issues or illegalities in respect of the facility it granted Citadel Global Community Church (formerly known as...
First Bank of Nigeria Limited has announced the appointment of Olusegun Alebiosu, Oluwatosin Adewuyi and Ini Ebong to its board as executive directors. Their appointments are...
The federal government through the minister of State for Environment, Chief Sharon Ikeazor, said it will continue to collaborate with Nigerian Exchange Limited (NGX) to build...
The deputy governor of the Central Bank of Nigeria, Mrs Aishah Ahmad, has been appointed chairman of the reconstituted board of Nigeria Commodity Exchange Plc (NCX)....