Today, the Lagos bourse reversed gains from the previous trading session as the All-Share index lost 15bps to close at 99,134.85 points putting the index on...
Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, has has submitted the cost implications of the new minimum wage to President Bola Tinubu...
The Economic and Financial Crimes Commission (EFCC) arraigned Bright Echefu, CEO of Telecom Satellites Limited (TStv), and three others on a nine-count money laundering charge on...
This year marks 22 years since two young Nigerian bankers – Aigboje Aig-Imoukhuede and Herbert Wigwe – bought a small, nondescript bank and turned it into...
First Bank said it has received the full repayment of a N456 billion loan extended to Heritage Bank. This recovery is part of a “bailout loan”...
Top development organisations have pledged to forge partnerships to expand the Vision for Adapted Crops and Soils (VACS), an initiative aimed at building resilient African food...
The Nigerian Ports Authority (NPA) said on Wednesday that 16 ships were waiting to berth at the Lagos ports. In its ‘Daily Shipping Position’, NPA said...
Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise in fuel stocks fuelled demand concerns amid worries of...
The federal government is considering suspending import duties on staple food, drugs and other essential items for six months to slow inflation in Africa’s most-populous nation....
Today, the Nigerian equities staged a rebound, recouping most of its prior session losses as the benchmark index ended 0.24% stronger to settle at 99,284.38. Gains...
The Nigerian Deposit Insurance Corporation (NDIC) says it will pay all the 2.3 million depositors of the failed Heritage Bank their insured benefits within one week....
Bearish sentiment extended in today’s trading session as the All-Share Index closed 0.07% lower to settle at 99,051.02 points. Selloffs in blue-chip ZENITHBANK (-3.03%), FBNH (-1.57%), and UBA (-4.11%) offset...
International energy and infrastructure conglomerate Sahara Group has announced a series of strategic appointments aimed at advancing the expansion of the group’s downstream business in Africa....
African Export-Import Bank and the Africa Petroleum Producers’ Organisation have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank...
Minister of Solid Minerals Development, Dr Dele Alake has said that his Ministry has mobilised Federal Mines Officers and officials of the Mines Inspectorate to the...