Power Firms Exploiting Nigerians With Estimated Billing The Nigeria Labour Congress has said that the estimated billing of consumers by electricity distribution companies is a deliberate...
Recession Hits Luxury Office Buildings, Occupancy Rate Drops As a result of the current economic recession in the country, multinational and indigenous firms are cutting down...
Interbank Rate Rises on Cash Outflow The Nigerian Interbank Offered Rates (NIBOR) closed at an average of 11.5 per cent on Friday, up from the seven...
RenCap Rates Dangote Cement Positive, Projects N200 Share Rencap Securities (Nigeria) Limited has maintained its ‘outperform’ rating on shares of Dangote Cement Plc (DCP) has projected...
Nigerian Equities Market Will Grow 3.5% in 2017, Say Market Analysts Despite opening the year with on a negative note, analysts at Meristem Securities Limited (MSL),...
Naira to Remain Below 500/dollar This Week —Experts Currency retailers and experts have said the naira will trade slightly below 500 per United States dollar this...
Nigeria’s Aviation Sector Hits Turbulence Nigeria may consider itself a regional aviation hub but years of mismanagement and now recession have blighted domestic airline operations, making...
FG to Launch Rice, Cassava Industries in Imo As part of its plans to ensure food sufficiency in the South-East, the Federal Ministry of Agriculture has...
N143bn Ghost Workers Scam The Economic and Financial Crimes Commission has filed charges against five officials, who allegedly padded the Federal Government payroll with about 50,000...
Forex Weekly Outlook January 23-27 Last week, the US data showed inflation rate rose 0.3 percent in December, while industrial output rebounded from 0.7 percent to...
