World Bank predicts sharp fall in Nigeria’s GDP
The World Bank has predicted a sharp fall in Nigeria’s real gross domestic product growth as countries in sub-Saharan Africa...
Flour Mills, Primero list N36.5b bonds on NSE
Flour Mills of Nigeria (FMN) Plc and Primero BRT Securitization SPV Plc yesterday listed three bonds valued at N36.5 billion...
FG to maintain narrow fuel price band as OPEC+ deepens cuts
With concerns raised about the ability of petroleum marketers to adjust their pump price under the month pricing template, the...
Nigeria, 89 other countries eye $100b IMF loans
Nigeria and 89 other global economies have indicated interest to borrow at least $100 billion emergency fund from International Monetary...
Unilever Nigeria’s Revenue Dips to N60.5bn
Unilever Nigeria has released its audited financial statements for the year ended December 31, 2019. The company recorded turnover of...
Equities sustain rising profile as ASI appreciates further by 1.47%
Transactions on the equities sector of the Stock Exchange (NSE) sustained rising profile yesterday, as more blue-chip stocks joined the...
Fix refineries before petrol subsidy removal – PENGASSAN, NUPENG
The National Union of Petroleum and Natural Gas Workers has said any deregulation in the petroleum sector that is still...
Allaying Fears of Purported 5G Link with COVID-19
Palpable fear gripped Nigerians last week, when unverified news on the purported 5G link with Coronavirus also known as COVID-19,...
NNPC in compliance with pump price template
The NNPC Retail Ltd., one of the downstream subsidiaries of the Nigerian National Petroleum Corporation (NNPC), has clarified that all...
Experts worried about banks’ growth amid pandemic, falling oil price
Experts have expressed fears about the bubble that may arise in the banking sector, should government fail to provide a...
SEC Moves against Flow of Illicit Funds into Capital Market
As part of efforts to identify investors properly, guard against flow of illicit funds into the capital market and address...
Stock market extends gain by N77bn
Nigerian stocks on Wednesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose further...
Lafarge Africa Shareholders to Receive 100k Dividend as Firm Returns to Profitability
Shareholders of Lafarge Africa Plc are to receive a dividend of 100 kobo per share for the 2019 financial year,...
Petrol subsidy: Oil marketers seek flat rate for dollar
Oil marketers on Tuesday advised the Federal Government not to give special advantage to any person or group of persons...
Chinese firm injects $221m equity into Lekki Ports
China Harbour Engineering Company (CHEC) one of the shareholders of the Lekki Deep Sea Port Projects under construction at the...
OPEC+ mulls three-month output cut as oil hits $33
Countries belonging to the OPEC+ group are discussing the idea to implement oil production cuts for at least three months...
Naira to experience more pressure –Report
The naira will experience more pressure due to slump in the crude oil prices, as the economy grapples with challenges...
United Capital Raises N5.3 Billion in Commercial Paper to Boost Operations
United Capital Plc, a leading pan-African financial and investment services group has successfully raised N5.3 billion in a Series 1...
Fire razes parts of Nigeria’s Treasury House
Parts of Nigeria’s Treasury House which houses the office of the accountant general of the federation in Abuja on Wednesday...
World Health Day: WHO pays tribute to health workers battling COVID-19
The World Health Organisation (WHO) Regional Office for Africa in Brazzaville, Congo, has paid tribute to all healthcare workers battling...
Boris Johnson Receives Oxygen Support in Intensive Care
British Prime Minister Boris Johnson has been receiving oxygen treatment for coronavirus in intensive care, a senior member of the...
CBN warns against rising COVID-19 cyberattacks
The Central Bank of Nigeria has urged bank customers to avoid cybercriminals who are taking advantage of the COVID-19 pandemic...
Nigeria to borrow $6.9bn from World Bank, IMF, AfDB
The Federal Government is to raise the sum of $6.9bn through external borrowing from the World Bank, the International Monetary...
NNPC: no more payment of oil subsidy
GROUP Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has said Nigeria would no longer pay...
‘Naira depreciation could rekindle foreign portfolio investors’ interests’
Analysts in Nigeria’s financial sector have expressed optimism that the Central Bank of Nigeria’s (CBN) adjustment of the Foreign Exchange...
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