Profit-taking Drags Equities Down by N43bn Profit-taking on equities that had gained over time pressured Nigerian stocks to plummet on Wednesday, shedding approximately N43bn. The performance...
Ikeja Electric, Mojec Sign MoU for DT Meters Ikeja Electric Plc has signed a Memorandum of Understanding with Mojec International Limited for the supply of distribution...
Seven Energy Defaults on Debt Interest Payment Seven Energy International Limited has announced its inability to make the interest payment due on Wednesday on two notes...
Cement: ‘Backward Integration Saves Nigeria N240bn Annually’ Backward integration in the cement industry is saving the country up to N240bn annually, Lafarge Africa Plc has said....
IMF Warns Nigeria, Others Over Rising Foreign Debts The International Monetary Fund has warned Nigeria and other oil-exporting countries over rising foreign debts, saying there is...
Infrastructure Decay Hindering Maritime Sector growth The Managing Director, Nigerian Ports Authority, Hadiza Usman, has said that the maritime and port activities in the sub-region are...
Electricity Tariff Shortfall Hits N460bn The freeze on residential customers’ electricity tariff in the R2 class, smoothening of tariff across the country and changes to tariff...
OLX Site Recorded N12.1trn Online Transactions in 2016 OLX, a leading online classifieds site in Nigeria, has released the report of the total number of second-hand...
Nigeria Wins World Bank’s Youth Development Initiative For the second successive year, Nigeria has won the Ideas for Action initiative, a youth competition on financing for...
Data Rollover: Telcos Give NCC Condition for Compliance Telecommunication operators (telcos) have resolved to comply fully with the recent directive given them by the regulator, the...