Latest
FCMB Group to Acquire 96% Stake in AIICO Pensions
The FCMB Group has notified the Nigerian Stock Exchange that its pensions arm, FCMB Pensions Limited, has entered into an...
Read more
Oil prices rise on improving economic data
Oil prices edged higher on Monday, after bullish data from Asia and Europe, but sharp spikes in new coronavirus infections...
Read more
Nigeria, others face $44 billion financing gaps despite huge loans
Still struggling to deal with the impact of the coronavirus on their economies, the International Monetary Fund (IMF), has said...
Read more
FMDQ CEO Relishes Admission of Dangote Cement Bond and MTN CP
The Chief Executive Officer of FMDQ Group, Mr. Bola Onadele. Koko, has said admission of Dangote Cement Plc N100 billion...
Read more
FAAN Increases Passenger Service Charge by 100%
The Federal Airports Authority of Nigeria (FAAN) has increased the Passenger Service Charge (PSC) payable by air travellers on local...
Read more
SEC moves to protect investors from bogus offers
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has introduced a major amendment to disclosures and information to...
Read more
N1.3bn Debt: AMCON Takes over Unicorn Place & Leisure’s Assets
Following the order of Justice Saliu Saidu of the Federal High Court, Lagos division, the Asset Management Corporation of Nigeria...
Read more
Investors gain N1.3bn despite bearish trend
Despite four consecutive losses during the week, the local stock market closed on a bullish note as buying interest in...
Read more
Buhari to flag off $2.8bn Ajaokuta-Kaduna-Kano pipeline project Tuesday
President Muhammadu Buhari will flag-off the construction of the$2.8billion Ajaokuta-Kaduna-Kano (AKK) pipeline project tomorrow. The project will eventually break through...
Read more
Insurance generates N490 billion in 2019 financial year
The Nigerian Insurers Association (NIA), has revealed that the volume of business written by the industry rose to N490 billion...
Read more
World Bank to Nigerians: brace for worst recession
The World Bank has urged Nigerians to brace for the worst recession since the 1980s. According to the blobal...
Read more
Business operators lack trust in economy – CBN report
Business operators in different sectors showed a lack of trust in the economy in June, a new report by the...
Read moreN9.8bn Debt: AMCON Seizes Multi-billion Naira Properties at Isheri
The Asset Management Corporation of Nigeria (AMCON) thursday moved against debtors owing the federal government N9.8billion by seizing their multi-billion...
Read more
‘17 banks to restructure over 32,000 loans’
SEVENTEEN Deposit Money Banks (DMBs) have submitted requests to restructure 32,000 loans in their portfolios to the Central Bank of...
Read more
Nigeria’s exports to China, India, others hit N1.87tn
Commodity exports from Nigeria to China, India, Spain, Netherlands and South Africa in the first quarter of this year hit...
Read more
‘Over-subscription of N150b Sukuk confirms NSE’S absorptive capacity’
Stockbrokers at the Nigerian Stock Exchange (NSE), have described the recent oversubscription of the Sukuk Ijarsh, as a confirmation of...
Read more
Oyo ex-governor, Ajimobi, dies at 70, Buhari, Tinubu, Abiodun, Lagos APC mourn
President Muhammadu Buhari and the National Leader of the All Progressives Congress (APC), Bola Ahmed Tinubu, yesterday, condoled with the...
Read more
FEC approves N2.3tn stimulus plan
The Federal Executive Council on Wednesday approved the N2.3tn stimulus plan proposed in the Nigeria Economic Sustainability Plan designed to...
Read more
FG unbundles NIPOST, creates three subsidiaries
The Federal Government is unbundling the Nigerian Postal Service into three subsidiary companies which will operate on the principle of...
Read more
Tension at NNPC as PENGASSAN threatens strike
There was tension at the Nigerian National Petroleum Corporation on Wednesday, prompting the Petroleum and Natural Gas Senior Staff Association...
Read more
Cadbury Nigeria Shareholders Approve N912 Million Dividend
Shareholders of Cadbury Nigeria Plc wednesday approved the dividend of N912million for the year ended December 31, 2019, which translates...
Read more
‘Global Cash, ATM Transactions Drop By 50%’
A recent virtual press conference that was jointly organised by AppsFlyer and Google has revealed that since the outbreak of...
Read more
Nigeria records N124.77b deficit in Q1
Nigeria recorded a trade deficit of N125. 77billion in the first quarter (Q1) of this year, the National Bureau of...
Read more
IMF cuts Nigeria’s GDP forecast, says economy’ll shrink by 5.4%
The International Monetary Fund has downgraded Nigeria’s 2020 growth projection, saying the economy will shrink by 5.4 per cent. ...
Read more
Oil production threatened by non-compliance to COVID-19 protocols
Nigeria’s ability to meet its monthly oil production quota and revenue target may become hampered if rising cases of coronavirus...
Read more
Powered by Agusto & Co.