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Challenges loom for Nigeria as OPEC may cut 500,000bpd
There are indications that Organisation of Petroleum Exporting Countries (OPEC), and its allies, especially Russia, will further cut oil supply...
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NSE launches index for SMEs, relaxes listing requirements
The Nigerian Stock Exchange has launched a new index called the ‘Growth Board’ for the Small and Medium Enterprises. The...
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9,000 suffer fresh malware attacks in Nigeria
Some 9000 people have suffered fresh malware attacks in Nigeria, and according to Kaspersky Protection Technologies, the cybercriminals, which came...
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Coronavirus: Fear Grips Airport Workers
Airport workers at the Murtala Muhammed International Airport (MMIA), Lagos are panicking over the devastating effect of Coronavirus, which has...
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Lagos raises N100 billion bond to finance infrastructure
Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide...
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TAJBank opens National Assembly branch
TAJBANK, Nigeria’s second non-interest financial institution has opened its third office in less than two months of operations at the...
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Oil price hits $65 as Libyan oilfields shut down
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya...
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Tariffs on data, voice calls may go up
Telcos may have no choice but increase tariff for voice calls and data over the decision of 14 state governments...
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North America, Mexico suffer $44b loss to forex
At a time when the global economy is slowing and trade wars are raging, currency volatility is a critical way...
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Agusto & Co appoints new CEO
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the appointment of Yinka Adelekan as its new Chief Executive...
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Subsidy on petrol costs NNPC N1.2bn daily — PPPRA
Latest data from the Petroleum Products Pricing Regulatory Agency (PPPRA) indicates that petrol under recovery (commonly called subsidy) is now...
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Imported personal item above N50,000 attracts duty, says Customs
Nigerian travellers who takes pleasure in buying personal items should be wary of the price henceforth, as the Nigeria Customs...
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Customs generates N4.99bn at Lagos airport
The Murtala Muhammed Area Command (MMAC) of the Nigeria Customs Service (NCS) says it raked in N4.99 billion in the...
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NSE, Luxembourg Stock Sign MoU to Expand Green Bond Markets
The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) have signed a Memorandum of Understanding (MoU) to promote...
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Aviation biofuel production gets $2m boost ahead of 2023 target
The quest for the production of Sustainable Aviation Fuel (SAF), such as aviation biofuels, has received a boost with a...
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CBN imposes extra charges on cash deposits, withdrawals
Withdrawals and deposits of physical cash in Nigeria will now attract processing fees payable by individuals or corporate owners of...
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NCC gets 10 days deadline to block 2m SIM cards
The Federal Government has given NCC up to September 25 to cut off 2.224million improperly registered SIM cards from telecom...
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Xenophobia: FG to evacuate 319 from South Africa Tuesday
No fewer than 319 Nigerians will be evacuated from South Africa on Tuesday. The PUNCH learnt on Sunday that arrangements...
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174m telecom subscribers spent N261bn on airtime in August
About 174.7 million telecom subscribers in the country spent at least N261billion on airtime last month. ADVERTISEMENT This figure is...
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Report: Nigeria’s Sesame Seed Export Value to Hit N120bn Annually
A report by Agusto & Co has revealed that Nigeria’s sesame seed export value to Asia and Europe has potential...
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Embattled B737Max test flights, certification to begin next month
Federal Aviation Administration (FAA) will be conducting certification flights for the embattled Boeing 737 Max starting in October.The certification follows...
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Oil slips as US, China add more tariffs in trade war
Oil prices weakened yesterday after new tariffs imposed by the United States and China came into force, raising concerns about...
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CBN commits N63bn in nine varsities’ centres of excellence
The Central Bank of Nigeria (CBN) is committing at least N63bn to build centres of excellence in financial and business...
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N537.3m Debt: AMCON to Take over Donald Duke’s Ikoyi Property
A Federal High Court in Lagos has ordered the Asset Management Corporation of Nigeria (AMCON) and the United Bank for...
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FG allots N139.58bn for August bond
The Federal Government has announced that it has allotted N139.58 billion during its August bond auction. A statement by Debt...
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