Asia is set to import record volumes of oil from West Africa, mainly from Nigeria, this year as increasing supplies of high quality crude drive down...
Shares turnover grows by 69 per cent on NSE The turnover of shares on the Nigerian Stock Exchange (NSE) grew by 69 per cent on Tuesday...
The Minister of Agriculture, Dr Akinwumi Adesina has said that Nigeria was spending about N635 billion annually to import wheat for bread production. Speaking at the...
Minister of Petroleum Resources Mrs Diezani Alison-Madueke says the nation’s oil reserve could grow to 40 billion barrels by 2020 with daily production capacity of four...
Market Cap (N’bn) 7,453.77 Market Cap (US$’bn) 46.12 NSE All-Share Index 23,418.66 Daily Performance % (0.44) 1 Week Performance % 0.50 YTD Performance % 12.97 Daily...
The Minister of Trade and Investment, Olusegun Aganga, has said that the Federal Government would strengthen investment pact with Brazil in order to attract more Foreign...
Just as Nigerians are beginning to pick their pieces together from the ashes of the 2008 global financial melt down and the subsequent turmoil in the...
The naira eased against the U.S. dollar on the inter-bank and the bi-weekly foreign exchange auction on Wednesday as strong demand for the dollar from importers...
Flour Mills of Nigeria said it will seek shareholders’ approval to acquire a controlling stake in privately-held food manufacturer Rom Oil Mills, as it looks to...
By Omoh Gabriel The Bureau of Public Enterprises yesterday said that 54 potential investors have submitted bid for the 11 distribution companies about to be privatized....
By Omoh Gabriel A London High Court yesterday found Dr. Erastus Akingbola, the erstwhile Managing Director of Intercontinental Bank Plc liable of unwholesome practices and criminal...
By Omoh Gabriel Fitch Ratings has raised fresh alert on the growing loan facilities in the Nigerian Banking sector that might lead to another round of...
The Nigerian Stock Exchange (NSE) has inaugurated a Shari’ah compliant Index, “NSE Lotus Islamic Index (NSE LII).” The index followed an earlier memorandum of understanding (MOU)...
Fitch Ratings says in a newly-published special report that the recent rapid credit growth in the Nigerian banking sector may give rise to weakened asset quality...
The World Bank has decried rising food prices saying it is ready to help governments respond to a broad-based run-up in grain prices that has again...