Federal Government of Nigeria is set to give more bite to its local content pursuit by awarding nearly half of its $60 billion annual supply contracts...
Shoreline Natural Resources Limited has acquired a 45 per cent stake in Oil Mining Lease, OML, 30 in a deal worth about N131.75 billion ($850 million)...
The findings of the Committee are as follows: The review of the Petroleum Support Fund (PSF) guidelines by the PPPRA ‘in 2010 included the following amendments...
The Central Bank of Nigeria (CBN) has said that the foreign exchange net inflow in April was 1.49 billion dollars (N2.3 trillion). The bank disclosed this...
The total value of shares traded by investors on the Nigerian Stock Exchange (NSE) dipped by 94 per cent on Thursday as 160.38 million shares worth...
The Central Bank of Nigeria (CBN) said that the cumulative fund disbursed from the Power and Airline Intervention Fund (PAIF) was about N144.6 billion as at...
Nigeria is to begin export of about one million tonnes of dry cassava chips to China from this month, Dr Akinwumi Adesina, Minister of Agriculture and...
President Goodluck Jonathan in continuation of shake up in his government has replaced the managing director of Nigerian National Petroleum Corp (NNPC) and three other senior...
Nigerian crude differentials remained under pressure from ample supply of light, sweet crude and unexceptional levels of demand, traders said on Tuesday. “There’s just less demand...
Federal Government of Nigeria plans to raise N134.56 in treasury bills ranging from 3-month to 1-year maturities at its regular bi-monthly debt auction on Wednesday, the...
Market Cap (N’bn) 6,814.72 Market Cap (US$’bn) 41.94 NSE All-Share Index 21,347.17 Daily Performance % (0.05) 1 Week Performance % 1.26 YTD Performance % 2.97 Daily...
State governors have at last approved federal government’s proposal to launch a National Sovereign Wealth Fund with an initial $1 billion, ending months of political wrangling....
Market Cap (N’bn) 6,817.93 Market Cap (US$’bn) 41.85 NSE All-Share Index 21,357.22 Daily Performance % (0.18) 1 Week Performance % 1.56 YTD Performance % 3.02 Daily...
The Speaker of Nigeria House of Representatives, Alhaji Aminu Tambuwal has said that the amendment of the Cabotage Act would check revenue leakages in the sector....
The Chartered Institute of Taxation of Nigeria (CITN) said that the challenges of security crisis in northern states could affect the country’s revenue target for the...