Price appreciation in ZENITH (+3.6%), GUARANTY (+2.6%) and WAPCO (+2.2%) buoyed market performance as the All-Share index rose 29bps to close at 39,312.74 points. Consequently, YTD loss improved...
The Minister of Transportation, Rotimi Amaechi, has inaugurated an 11-member committee to investigate activities of the Nigerian Ports Authority (NPA). On May 6, President Muhammadu Buhari...
The Executive Secretary, Petroleum Equalisation Fund (PEF), Alhaji Ahmed Bobboi says plans are in the pipeline to commence transportation of petroleum products through rail lines to...
Crude oil prices turned higher as a major U.S. fuel pipeline said it could largely restart within the week after a cyberattack forced its shutdown. Potential...
Multinational Telecommunications Companies, Ericsson and Samsung have signed a multi-year agreement on global patent licences, including patents relating to all cellular technologies. The agreement covers sales...
The presidency says portal for the 4th National Micro Small and Medium Enterprises (MSMEs) Award will open from May 10. Tola Johnson, Special Assistant to the...
The Nigerian Insurers Association (NIA) said insurance companies paid N4 billion as claims arising from over 2,000 businesses affected by the #EndSARS protests. Mr Ganiyu Musa,...
The National Agency for Food and Drug Administration and Control NAFDAC, has begun a nationwide sensitisation campaign on product registration and value addition for Micro, Small...
President Buhari has appointed Mohammed Koko the Director of Finance NPA as MD/CEO to replace Ms Usman. The President had suspended Hadiza Bala Usman as the...
Minister of Finance, Zainab Ahmed has faulted the Accountant General of the federal on using audit report to reconcile MDAs accounts. Speaking during an interactive session...
Indications emerged that Zenith and Access Banks are among the list of financial institutions from Africa and the Middle East bidding to acquire Union Bank and...
The local bourse maintained a downtrend with the All-Share index declining 81bps to close at 39,114.73 points, following price declines in MTNN (-4.7%), DANGCEM (-2.5%), and FCMB (-5.8%). Consequently, YTD loss worsened to -2.9% while market capitalisation...
Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the CBN would resist attempts by those who seek to continually import maize into...
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank...
The Lagos Commodities and Futures Exchange (LCFE) has concluded plans to admit Dukia Gold‘s diversified financial instruments, backed by gold as the underlying asset in a...