The Federal Government is preparing for the reconstruction of the Benin Bypass in Edo State following a directive from President...
Nigerian fintech company Moniepoint is winding down its UK-based remittance service, MonieWorld, less than 18 months after entering the international...
Nigeria-headquartered venture capital firm Ventures Platform has raised an oversubscribed $84 million second fund to invest in early-stage technology companies...
Dangote Petroleum Refinery has said it sometimes pays more for Nigerian crude oil than comparable imported supplies despite operating in...
Dangote Petroleum Refinery is sourcing between 30% and 40% of its crude oil from overseas despite Nigeria producing about 1.6...
MTN Group is considering banking licences in selected African markets as the telecommunications giant moves deeper into lending and seeks...
Zenith Bank Plc has outlined strategies to accelerate Nigeria’s non-oil export growth with increased local processing, stronger trade financing and...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, traded at N1,400 on...
Fidelity Bank Plc came under renewed selling pressure on Monday after its share price declined 6 percent, making it one...
Akeredolu Calls for Investment in Capital Market in Ondo The Ondo State Governor, Mr Rotimi Akeredolu, said he would provide an enabling environment for capital market...
FG Committed to Attracting Investments, Says Finance Minister The Minister of Finance, Mrs Zainab Ahmed, has said the Federal Government is committed to initiatives that will...
FG, EFCC Begin Tracking of Vessels Lifting Nigeria’s Crude Every barrel of crude oil produced and exported out of Nigeria is now being tracked by the...
Oil Prices Gain Slightly After US Sanctions Venezuela Oil prices pared losses on Tuesday after Washington imposed sanctions on Venezuelan State-owned oil company, PDVSA. Brent crude,...
Stock Market Resumes Bearish Trend, Drops N31b Following four consecutive days of gains, the Nigerian Stock Exchange market open the week lower as investors lock in...
Eight Banks Withhold N700m Overpaid to ex- Airways Workers Office of the Nigeria’s Accountant General is at loggerheads with eight banks for unauthorised withholding of over...
IFRS 9 Transition Hurting Banks’ Capital Bases, Says Report The ongoing transaction to International Financial Reporting Standard (IFRS 9) by commercial banks is affecting many lenders’...
Total Eyes 23% of Nigeria’s Oil Output Upon the completion of Total’s Egina project that is expected to add 200,000barrel per day to Nigeria’s oil production,...
Fashola Harps on Infrastructure Development The Minister of Power, Works and Housing, Babatunde Raji Fashola, has called for accelerated infrastructural development in the country in order...
LCCI Decries Nigeria’s Rising Unemployment The Lagos Chamber of Commerce and Industry (LCCI) has lamented the growing rate of unemployment in the country which rose to...
