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Nigerian conglomerate UAC plans to complete an unbundling of its majority stake in its loss-making property arm UPDC by July, subject to coronavirus disruptions that might...
President Muhammadu Buhari has approved the appointment of Mr Alwan Hassan as Acting Managing Director, Bank of Agriculture (BOA). This was contained in a statement by...
The Minister of Industry, Trade and Investment, Adeniyi Adebayo, has pleaded with money deposit banks and other financial institutions to assist the government’s efforts in preventing...
United Nations Economic Commission for Africa (UNECA), says African economy will lose $65 billion in full lockdown of the continent due to COVID-19. Mr Stephen Karingi,...
Refinitiv has said in its research findings that the technique used by organised crime and fraudsters in sub-Saharan Africa is becoming more diverse and sophisticated. Refinitiv...
Ecobank Nigeria has encouraged its customers to obey the COVID-19 rules, emphasising the importance of social distancing to check the spread of the Coronavirus, especially when...
Activities on the Nigerian Stock Exchange (NSE) remained upbeat with the market capitalisation improving further by N110 billion following gains in Nestle and Dangote Cement. Consequently,...
The Nigerian National Petroleum Corporation (NNPC) said it has effected a reduction in the ex-depot price of petrol from N113.28k per litre to N108.00K per litre...
Managing Director International Monetary Fund IMF, Kristalina Georgieva, said that the Fund has already disbursed the $3.4 billion to Nigeria and that the money in Central...
Nigeria Customs Service Apapa Area Command, generated N39.877 billion in the month of April, Mrs Nkeiruka Nwala, the command’s spokes person says. Nigeria Customs Service (NCS),...
Some aviation stakeholders have commended the Federal Government for its planned bailout to the sector to mitigate the effects of the COVID-19 lockdown in the country....
Federal Government will extend a ban on all flights by four weeks as part of measures to prevent the spread of the coronavirus, a government official...
Private-sector companies shed a whopping 20.2 million jobs in April as many were forced to shutter during a nationwide shutdown to slow the coronavirus, underscoring the...
Standards Organisation of Nigeria (SON) has enjoined its stakeholders and customers to take optimum advantage of its automated service offerings as the organisation resumes nationwide operations...
The equities market closed in the green today as All Share index advanced 140bps to 24,143.37 points due to gains in GUARANTY (+9.3%), ZENITH (+6.4%) and NIGERIAN BREWERIES (+10.0%). Consequently, investors...