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Opening the week, the NGX All-Share Index relapsed by 0.18% to close at 65,210.49 points. Selloffs in Tier-1 banking names ZENITHBANK (-2.57%), GTCO (-0.79%) and STANBIC...
Central Bank of Nigeria CBN has said it will name and shamed bank invalid in foreign exchange round tripping. The apex bank said this while reacting...
Exports of Nigeria’s Forcados grade of crude oil resumed on Sunday, a Shell spokesperson said on Monday, roughly a month after loadings of the medium sweet...
The Federal Government has debunked reports that it has set up an adhoc committee for the reconstitution of boards and parastatals. Secretary to the Government of...
By Osagie Edward Between 2020 and 2023, the Nigerian Maritime Administration and Safety Agency (NIMASA) has brought the country to speed in the maritime world with ratification...
Nigeria’s crude oil production dropped to 1,294,162 barrels per day in July 2023. This is according tofigures from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The figure...
In the last trading session of the week, the local bourse ended the week on a positive note as the All-Share Index closed 0.18% stronger to...
A Nigerian registered company, Melsmore Marine Nigeria limited is responsible for the relocation of the Modular Floating Dock of the Nigerian Maritime Administration and Safety Agency,...
The Central Bank of Nigeria (CBN) recorded operating surplus of N65.63 billion in 2022 financial year, a growth from N31.04 billion profit posted in 2021. The...
Domestic equities bounced back today from losses earlier in the week, as the benchmark All-Share Index increased by 1.62% to close at 65,204.62 points. On market...
Uganda’s President Yoweri Museveni has accused the World Bank of seeking “to coerce” the government over its anti-LGBT legislation. It follows the announcement by the lender...
United States government, through the U.S. Agency for International Development (USAID), has signed a new private sector partnership with Emzor Food and Beverages Limited, a woman-owned...
In continuation of its strategy to assist African businesses in increasing their international presence, the African Export-Import Bank (Afreximbank) and international consultants Development Reimagined (DR) have...
Access Bank Plc has instituted a bankruptcy court action against the co-founder of Seplat Energy, ABC Orjiako. Access Bank also obtained an ex-parte order granted by...
First Bank of Nigeria (FBN) Holdings says it has not received any court order stopping it from holding its 11th Annual General Meeting scheduled for Aug....