The recent surge in global oil prices has triggered concerns over an impending rise in the cost of refined petroleum...
Bureau De Change (BDC) operators in Nigeria are exploring merger options as a strategy to meet the Central Bank of...
The US dollar rose on Monday to a 14-month high against a basket of major currencies during the Asian trading...
Nigeria’s quest for energy self-sufficiency has gained momentum as the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) signed...
Delta Air Lines has announced the inclusion of Nigerian dishes in its in-flight menu for passengers traveling between Lagos and...
The proposed N350bn private placement by FBN Holdings Plc has sparked debates among shareholders, raising concerns about corporate governance and...
The Dangote Petroleum Refinery is expanding its crude storage capacity by an additional 6.29 million barrels, or 1 billion litres,...
The Central Bank of Nigeria (CBN) has announced an overhaul of its export proceeds repatriation policy and mandated compliance to...
Many Nigerians have expressed concerns over plans by the Nigerian Communications Commission, the country’s telecommunication regulator to assent to the...
NSE Lifts Suspension on Standard Alliance Insurance Shares The Nigerian Stock Exchange said on Wednesday that it had lifted the suspension it placed on the trading...
SEC Proposes New Rule on Derivatives Trading The Securities and Exchange Commission has proposed changes and new rules regarding derivatives trading and registration requirements for commodity...
Banks Release N77.4bn for Agric Projects The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has facilitated the release of a total of N77.4bn from the...
NIPOST Set to Begin Electronic Money Transfer Service The Nigerian Postal Service is set to roll out a new product – electronic money order – that...
CBN Fines Four Banks N5.8bn, Orders Lenders, MTN to Refund $8.1bn The Central Bank of Nigeria has imposed heavy fines totalling N5.87bn on four banks under...
We’ve Paid $15bn Dividends, $6.5bn Taxes to FG – NLNG The Nigerian Liquefied Natural Gas Limited said on Wednesday that it had so far paid to...
NNPC to Establish 200,000bpd Condensate Refineries The Nigerian National Petroleum Corporation has said it will establish two condensate refineries with a total refining capacity of 200,000...
Political Tension Heating up Capital Market, Says ASHON The Association of Stockbroking Houses of Nigeria has said the unguarded activities and unrestrained utterances of politicians in...
FirstBank Promotes e-Payment With Digital Lab FirstBank Digital Lab will convene for its second Fireside chat this Friday, the lender has said. The bank’s digital lab...
CBN Maintains N15b T-Bills Collateral for Settlement Banks The Central Bank of Nigeria (CBN) has asked settlement banks to provide clearing collateral of not less than...
