The International Monetary Fund (IMF) has approved a new allocation of Special Drawing Rights (SDR) equivalent to 650 billion U.S. dollars to combat COVID-19 crisis. The...
Oil extended its losses on Tuesday in volatile trade as concern over rising cases of the Delta coronavirus variant weighed on prices, sapping an earlier rally...
The Nigerian National Petroleum Corporation (NNPC) has announced that its downstream subsidiary, the Petroleum Products Marketing Company (PPMC), recorded ₦234.63 billion revenue from the sale of...
Senate has yet raised another alarm over irregularities in the N1.1trillion Federal Government investments in Crown Agents Bank and other financial institutions. This is contained in the...
Today, the local bourse resumed trading for the week on a bullish note, as price appreciation in MTNN (+1.8%), MBENEFIT (+5.4%), and ZENITH (+0.2%) pushed All-Share index higher...
Oil prices tumbled about 4% on Monday as weak economic data from China and the United States, the world’s top oil consumers, and higher crude output...
FBN Holdings Plc has posted a profit before tax (PBT) of N45.2 billion in its unaudited financial results for the half year (H1) ended June 30....
The Nigeria Customs Service (NCS) says 30 out of 65 private airplanes verified so far are liable to pay required duties to the Federal Government. The...
Acting Managing Director of the Nigerian Ports Authority (NPA) Mr Mohammed Bello-Koko, has said that the massive investment that had revitalised the Nigerian Railway Corporation was...
Dangote Cement has posted after tax profit of ₦191.6bn and paid N89.6bn tax in the six months ended 30th June 2021 as Group sales volumes hit...
Women empowered businesses and local enterprises involved in agribusiness, manufacturing, health care, and renewable energy will have access to long term funding from First City Monument...
The Federal Government says it is not aware of any 875 million dolars ammunition deal with the US which is being purportedly blocked by some lawmakers...
The Federal Government has engaged stakeholders and retirees from the civil service in a town hall meeting to brainstorm on lasting solutions to pension challenges. The...
MTN, Airtel, Glo, and 9mobile lost over 8 million data subscribers between March 2021 and May 2021. The four major internet providers lost 1.27 million data...
Nigeria’s retail lender, Unity Bank Plc has declared half-year result posting gross earnings of 23.6 billion Naira, which is a 3% increase compared with the corresponding...