Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Profit Taking Halts 12-day Price Rally at Stock Market
The rally at the stock market was halted yesterday after 12 days as investors moved in to lock in profit...
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NAICOM Outlines Strategises to Achieve 40% Insurance Penetration Target
The National Insurance Commission (NAICOM) has said it is strategising towards achieving its 40 per cent insurance penetration target. The...
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CBN goes tough on breach of export laws
The Central Bank of Nigeria has said that it will be a breach of extant regulations for any shipping company...
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Royal announces N14.21b Gross Written Premium
Royal Exchange Company has generated a Gross Written Premium of N14.21 billion as at December 31, 2019. Its net premium...
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Stocks hit more than five-year high, gain N710bn
The Nigerian stock market sustained its positive outlook on Tuesday for the 12th trading session as the All-Share Index rose...
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Analysts Fault 2021 Budget Estimates Benchmarks
As President Muhammadu Buhari prepares to lay before the National Assembly this week, the N13.09 trillion 2021 Appropriation Bill that...
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NERC Defends 14-day Suspension of Electricity Tariff
The Nigerian Electricity Regulatory Commission (NERC) has said its recent suspension for 14 days of the newly approved electricity tariff...
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Nigeria’s gas exports recover, surpass pre-COVID-19 level
The nation’s gas exports have rebounded from the COVID-19 pandemic, rising for the fourth straight month in July to 115.71...
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Nova Merchant Bank Appoints Ude Acting MD/CEO
Nova Merchant Bank yesterday announced the appointment of Mr. Nath Ude as its Acting Managing Director/Chief Executive Officer effective October...
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NNPC, stakeholders express concerns over E&P future
Nigerian National Petroleum Corporation (NNPC), and stakeholders in the upstream sector have expressed concerns over the impact of the Covid-19...
Read moreStocks Market Hits New High on Sustained Bargain Hunting
Trading in the domestic equities market continued on bullish note as bargain hunting lifted indicators to new record highs. The...
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Petrol price may drop this month, say marketers
The pump price of petrol may reduce marginally this month, going by the fall in global crude oil prices, oil...
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FBN Holdings Shares Grossly Undervalued, Says Eke
The current share price of FBN Holdings does not reflect the financial performance and future prospects of the holding company,...
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Foreign equity firms, threat to Nigerian entrepreneurs, businesses
Foreign equity firms have been identified as a major threat to the wellbeing of Nigerian entrepreneurs and businesses. This was...
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NAICOM introduces digital portal to boost insurance growth
The Commissioner for Insurance, Mr Sunday Thomas, has announced the introduction of a portal by the National Insurance Commission to...
Read moreNSE to earn N5 on N1m bond
THE Nigerian Stock Exchange (NSE) will from today earn N5 on every N1 million worth of transactions at its fixed-income...
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DisCos Reject N1.5bn Worth Electricity
The 11 power Distribution Companies (DisCos) could not deliver 33,958.16 megawatts hour (MWh) of energy made available for evacuation by...
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Dangote Sugar lists 146.88m Savannah Sugar’s acquisition shares
DANGOTE Sugar Refinery (DSR) has completed the acquisition of Savannah Sugar Company Limited with the listing of more shares that...
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Stock investors gain N350bn as market cap hits N14tn
Activities on the floor of the Nigerian Stock Exchange closed last week on the positive trajectory as the NSE All-Share...
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GSM users hit 203 million, MTN, Airtel lead growth
MTN and Airtel are the biggest gainers of new mobile phone subscriptions in August, the latest monthly subscribers’ data from...
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FG inaugurates survival fund for 333,000 artisans, transporters
The Federal Government, on Thursday, formally inaugurated the artisans and transport sector track of the N75bn MSME Survival Fund and...
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Petrol: Comparing Nigeria with Saudi Arabia ridiculous, TUC tells Buhari
The Trade Union Congress of Nigeria has condemned the comparison between Nigeria and Saudi Arabia made by the President, Major...
Read moreDiscos obey NERC, begin 14-day tariff hike suspension
Some power distribution companies are beginning to comply with the order of the Nigerian Electricity Regulatory Commission by suspending the...
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FEC okays N13.08tn 2021 budget estimate
The Federal Executive Council has approved a budget estimate of N13.08tn for the 2021 fiscal year. The fiscal document was...
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Fed Govt clears Emirates Airlines to fly
The Federal Government has granted Emirates Airlines approval to operate international flights into Nigeria’s airspace. The approval followed an undertaking...
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