Financial experts have raised concerns about the federal government’s proposed windfall tax on banks’ 2023 foreign exchange gains and its potential economic impact. They expressed divergent...
For the third consecutive session, the local bourse continued its descent, shedding 21bps to settle at 100,156.96 points. Further sell-offs in GTCO (-0.56%), FBNH (-2.79%), and...
Angry women of Nembe Kingdom in Nembe Local Government Area of Bayelsa State have vowed to embark on a larger protest on the expiration of their...
Oil prices edged up on Thursday after strong U.S. economic data stoked expectations for higher crude demand, but the gains were limited by concerns about lower...
The Nigerian Upstream Petroleum Regulatory Commission has inaugurated Metering Audit and Advance Cargo Declaration project teams to promote transparency and accountability in upstream oil and gas....
Nigeria equities market declined further today by 12bps to settle at 100,365.17 points. Selling pressure in GTCO (-0.11%), FBNH (-1.60%), and UBA (-5.07%) were the main...
Manufacturing Association of Nigeria has urged the Central Bank of Nigeria to focus more on domestic production rather policies that hinder industrial growth. MAN in its...
FirstBank, the West African premier financial institution and financial inclusion services provider has announced its continuous VISA Cross Border and Summer campaign in partnership with VISA....
British American Tobacco (BAT) has fully paid the sum of $110 million as fine imposed by the Federal Competition and Consumer Protection Commission (FCCPC) for various...
Eni has received formal approval from the Nigerian Upstream Petroleum Regulatory Commission to sell its unit Nigerian Agip Oil Company (NAOC) to the country’s leading energy...
United Nations, UN, organisations including Food and Agriculture Organisation, FAO, International Fund for Agricultural Development, IFAD, World Health Organisation, WHO, World Food Programme, WFP, United Nations...
The National Bureau of Statistics says that the prices of beans, tomatoes, Irish potatoes, garri, yam, and other food items witnessed significant price increases in June...
The local bourse closed bearish today as investors reacted negatively to the CBN’s 50bps hike in MPR to 26.75%. Consistently, the index shed 8bps to settle...
Monetary Policy Committee (MPC) of the CBN at the end of its 296th bi-monthly policy meeting has raised the benchmark policy rate (MPR) by 50bps to...
Nigerian lawmakers passed legislation on Tuesday to more than double the minimum wage to N70,000 a month, ending months of wrangling between the government and labour...