Oil rises 1% on OPEC supply cuts
Oil rose about 1.4 per cent on Wednesday, gaining support due to signs that the Organisation of Petroleum Exporting Countries...
Pound stands firm as Brexit hopes build, equities rise
The pound held most of its gains Wednesday after hitting a five-month high on growing hopes that Britain and the...
Access Bank’s daily digital lending hits N1bn
Access Bank says its expanded digital lending portfolio has given Nigerians quick and 24/7 access to funds for emergencies without...
DMO report: Nigeria’s debt is N25.7trillion
NIGERIA owes N25.7 trillion in domestic and external debt. The Debt Management Office (DMO) stated this in its ‘Total Public...
AIICO increases authorised share capital to N18bn
AIICO Insurance Plc says it has received shareholders’ approval to increase its authorised share capital from N10bn to N18bn. A...
GTBank Posts N324bn Revenue, N147bn Profit in Nine Months
Guaranty Trust Bank Plc (GTBank) Wednesday released its unaudited financial results for the nine months ended September 30, 2019, showing...
IMF recommends unified exchange rate for Nigeria
The International Monetary Fund has advised the Central Bank of Nigeria to unify the country’s exchange rate system in order...
Emefiele cautions rice millers against price hike over border closure
Following unprecedented increase in the prices of locally-produced rice as a result of border closure, Governor, Central Bank of Nigeria...
Seplat to acquire Eland Oil for N174.2bn
Seplat Petroleum Development Company Plc has revealed plans to acquire Eland Oil and Gas Plc for N174.2bn (£382m). Seplat said...
‘AMCON debt may hit N6.6trn by 2024’
A legal consultant and Senior Partner, Olaniwun Ajayi LP, Mr Muyiwa Balogun has called on Asset Management Corporation of Nigeria...
Onanuga: Lagos State Carrying FG’s Pension Obligations
Mrs. Folashade Onanuga, is the Director General, Lagos State Pension Commission. In this interview with Ebere Nwoji, she speaks on...
Listed firms raise N768.7bn capital in three years
Companies that are publicly listed in the capital market have raised a total of N768.7bn capital in the last three...
Olam pays N120bn to acquire Dangote Flour Mills
Shareholders of Dangote Flour Mills Plc (DFM), on Monday, unanimously approved the acquisition of the company by Crown Flour Mills...
National ID card renewal costs N5,000 payable through remita – NIMC
The National Identity Management Commission (NIMC), says the renewal of the National Identity Card will cost five thousand naira (N5,000)...
Customs ban exports, imports via land borders indefinitely
The Nigeria Customs Service on Monday announced an indefinite ban on importation and exportation of goods through the land borders....
‘Government records over $9.29 billion investment inflow in third quarter’
Over $9.29 billion worth investments came into the nation’s economy in quarter three (Q3) of 2019, according to the Nigerian...
‘Why SEC, NSE should co-opt CBN in search for market liquidity’
As lack of positive stimulus in form of policy statements needed to drive demand for stocks remain a source of...
FG: 2019 budget performance is 55%
The federal government has said its commitment to generate more revenue base informed the decision to implement new taxes to...
Julius Berger diversifies into oil & gas industry
Julius Berger Nigeria Plc has announced its diversification into the oil and gas industry by acquiring a 20 per cent...
Nigeria earns $338.17m from cocoa
NIGERIA earned $338.17 million from cocoa and cocoa products last year, the Nigerian Export Promotion Council (NEPC) has said. Also,...
Airlines make gains as traffic surges by 3.8 per cent
Airlines have recorded a marginal rise in gains as passenger traffic surged by 3.8 per cent in August. The International...
There is no hunger in Nigeria – Agric minister
The Minister of Agriculture and Rural Development, Sabo Nanono, on Monday, said Nigeria was producing enough food to feed itself...
Nigerian Stock Exchange Lists FGN N15 Billion 7-Year Green Bond
The Nigerian Stock Exchange(NSE) has listed the Federal Government of Nigerian (FGN) N15 billion Green Bond. The bond has a...
Market halts bearish run as index rises marginally by 0.09%
After many days of decline, renewed bargain-hunting on Dangote Cement, and 10 other stocks lifted transactions on the equities sector...
FRC Decries Failure of NNPC, CBN, FIRS, Others to Respond to Enquiries
As preparations for the 2020 budget defence get underway, the Fiscal Responsibility Commission (FRC) has called on the Senate to prevail...
Powered by Agusto & Co.