Nigeria
Pipeline vandalism rose by 94% in November, says NNPC
The Nigerian National Petroleum Corporation said on Sunday that it suffered a 94 per cent increase in willful hacking and...
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Alleged Financial Infractions: Banks to Refund N112.82bn to Imo
Nine commercial banks are to refund a total sum of N112.82 billion to the coffers of the Imo State government...
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Cash reserve policy takes N855b off banks’ vaults
THE Monetary Policy Committee of the Central Bank of Nigeria (CBN’s) decision to raise Cash Reserve Requirement (CRR) rate for...
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How N7.5 billion GPW will boost policyholders’ confidence
As insurers express commitment to the ongoing industry recapitalisation exercise, they have explained that a process is a form of...
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Pressure on equities defy earning season, index slumps by 2.69 per cent
Despite improved numbers in 2019 full year result churned out by quoted companies, sentiments remained weak in the equities market,...
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External debt servicing gulps $1.08bn in nine months — DMO
The Federal Government spent a total of $1.08bn (N400.90bn) on external debt servicing between January and September 2019. Data...
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Joshua’s fight may hold at Tottenham stadium
Anthony Joshua’s next fight is likely to be at Tottenham Hotspur Stadium, according to promoter Eddie Hearn. The British...
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Fans go nuts for Super Eagles’ new kit
Nike have revealed the new ‘Swoosh’ Nigeria kits and their designs have once again been met with widespread acclaim. The...
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USAID, UBA Seal Deal to Boost Africa’s Trade
The United States Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for...
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VAT on calls: Meet FIRS, minister tells subscribers
The Minister of Communications and Digital Economy, Dr Isa Pantami, has asked subscribers who have expressed concern over the additional...
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Confusion over Senate’s bid to review constitution
Discordant reactions yesterday trailed the move by the Senate to review the nation’s constitution.The Senate President, Ahmed Lawan, constituted a...
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Nigeria lost N5.5trn to fraud, cybercrimes in 10 years — Forensic experts
Nigeria is estimated to have lost about N5.5trillion to fraud and cybercrimes in the last 10 years. This figure was...
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Electricity tariff hike will push cost above 40%, MAN warns
The Manufacturers Association of Nigeria (MAN), has charged the nation’s economic managers on the need to attract significant investment to...
Read moreForeign reserves dropped by $4.47bn in 2019 –CBN
Nigeria’s external reserves recorded a decline of $4.47bn from $42.54bn as of the beginning of 2019 to $38.07bn as of...
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Stakeholders rally Nigeria to $2.7tr halal economy
Leveraging on the high Muslim population nationwide, stakeholders have urged the Nigerian business community to tap into the international halal...
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Ogun Rejects Commercial Motorcyclists
The Ogun State government has said that its doors would not be opened to accommodate commercial motorcyclists whose operations were...
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House Pledges Assistance to Service Chiefs to End Insurgency
Less than one week after the House of Representatives urged President Muhammed Buhari to remove service chiefs for worsening insecurity,...
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‘I’m proud as first Nigerian to play for Man. Utd’
Odion, great to see you. You’ve admitted before that you’ve long dreamed of joining United, so how does it feel...
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States’ IGR hits N986.29bn in 9 months – NBS
The Internally Generated Revenue (IGR) of the 36 states and the Federal Capital Territory (FCT) rose to N986.29 billion by...
Read moreCBN targets $12 billion in export trade by 2024
The Central Bank of Nigeria (CBN) has disclosed plans to improve its agenda to diversify the nation’s economy from the...
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Notore Posts N8.2bn Revenue, N2.04bn Operating Profit in Q1
Notore Chemical Industries Plc has recorded a N2.04 billion operating profit in the first quarter(Q1) ended December 31, 2019, which...
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Oil prices jump after reports on coronavirus drug
Oil prices jumped by four per cent on Wednesday on media reports that scientists had developed a drug against the...
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Capital market beset by rising unclaimed dividend, loss of shares
The incidence of unclaimed dividend remains one of the perennial issues that continued to rear its head in Nigeria’s capital...
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NSE All-Share Index Sheds 1.2% on Continuing Bearish Trading
Profit-taking at the stock market continued wednesday driving the Nigerian Stock Exchange (NSE) All-Share Index (ASI) by 1.19 per cent...
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Investors shift to penny stocks as decline continues
Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market...
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