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Nigeria attracted inflows of $1.41 billion into its currency market in June, the central bank has said, after it scrapped a multiple exchange rate system that...
Bearish sentiment extended in today’s trading session as the All-Share Index closed 1.75% lower to settle at 64,167.39 points, marking its second successive session decline. Selloffs...
The tax reform committee set up by the federal government has recommended that VAT on diesel be suspended. This was proposed to offset petrol subsidy removal...
Over 100 Civil Society Organisations, under the aegis of Coalition of Concerned Civil Society Activists, have asked the House of Representatives Ad-hoc Committee probing Ministries, Departments...
The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has handed over the leased site at the Continental Shipyard Limited (CSL) of the Nigerian...
The Institute of Directors Nigeria (IoD), the premier corporate governance Institute and a leading promoter of ethical professional standards in Nigeria, has commenced the 16thedition of...
Oil prices hit new peaks on Wednesday with global benchmark Brent crude hitting its highest since January after a steep drawdown in U.S. fuel stockpiles helped...
Today, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) slipped by 0.04% to settle at 65,309.65 points. The market’s weak performance was primarily...
President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of overreliance on borrowing for public spending, and the resulting...
Ratings agency Moody’s on Monday downgraded several mid-sized U.S. banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker...
Italy is the latest European country to hit banks with a windfall tax in a surprise move on their profits, which have been bolstered by interest...
The recent closure of Niger’s airspace by military leaders has sent shockwaves through Nigeria’s aviation industry, as airlines flying between Europe and southern Africa are forced...
The Hydrocarbon Pollution Remediation Project, HYPREP, has disclosed that it has begun the restoration of over 3000 hectares of degraded shorelines in the ongoing cleanup project...
United States of America banking industry are on a war path with regulators over what they consider most disruptive new capital, including risk management requirements that...
Aggrieved Nigerian contractors are spoiling for a showdown with the Federal Ministry of Works over what they said is the wilful refusal of the ministry to...