Today, the local bourse extended its bearish performance on the back of sell pressure on MTNN (-1.1%), SEPLAT (-6.5%), and ZENITH (-1.9%), as the benchmark index fell 51bps to close at 42,247.98 points. YTD...
The Lagos Chamber of Commerce and Industry (LCCI) has elected Asiwaju Dr. Michael Olawale-Cole as it’s 24th President to steer the ship of the Chamber for...
Emirates will resume its passenger operations between Dubai and Nigeria from 5 December 2021, offering customers enhanced connectivity to and through Dubai. The airline will operate...
The African development Bank (AfDB) said it had disbursed a total of $3.2 billion as its contribution to combat the effects of Coronavirus (COVID-19) in Africa....
JohnVents Industries Ltd., a N15 billion cocoa processing plant aimed at boosting employment in the country, has started operation in Akure, the Ondo State capital. The...
The Organisation of the Petroleum Exporting Countries (OPEC) says World oil demand growth in 2021 now stands at 5.7 mb/d. According to OPEC, this reflects slower...
Nigeria’s Communications Commission, NCC has said that three telecommunications companies have qualified as approved bidders for the upcoming auction of 3.5 gigahertz spectrum for the deployment...
Douye Diri Governor of Bayelsa State has described the raging crude oil spill in the Nembe creek of the state as the worst he had witnessed...
Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal Command said its operatives have arrested 18 suspected illegal oil bunkerers in Rivers State. Wilson Uwujaren, the...
The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, presented a N214.2 billion budget to the Edo State House of Assembly, for the 2022 fiscal year, representing a 32.96...
Five years after it introduced the Whistleblower Policy to help combat corruption in the country, the Federal Government has lamented the reluctance by Nigerians to report...
President of Nigeria Entrepreneurs Forum (NEF), Dr Sidney Inegbedion has said that for Nigeria to effectively maximise the economic benefits of the African Continental Free Trade Agreement, AfCFTA...
The local bourse began the new month in the red as profit-taking in MTNN (-10.0%), ACCESS (-5.3%), and ETI (-1.8%) dragged the benchmark index below the 43,000 points mark. Thus, the NGXASI shed...
Nigeria has saved N3.5 trillion as it achieves 42 per cent local content in $20.4 billion oil and gas projects. Executive Secretary, Nigeria Content Development and...
The Minister of Power, Mr Abubakar Aliyu, has assured the Republic of Chad of Nigeria’s continuous interaction on power interconnection. Mr Odutayo Oluseyi, Assistant Director, Press,...