The Minister of Transportation, Mr Rotimi Amaechi, says the ongoing National Assembly investigation may frustrate the loan agreement between Nigeria and China to finance the Port...
Seme Area Command of the Nigeria Customs Service (NCS) intercepted 79 used vehicles known as ‘Tokunbo’ and 136,350 liters of Premium Motor Spirit (PMS) called petrol...
The benchmark index declined by 54bps to settle at 24,650.16 points due to sell-offs in MTNN (-1.7%), GUARANTY (-3.0%) and SEPLAT (-9.8%). Consequently, investors lost ₦69.6bn as market capitalisation...
National Bureau of Statistics said in its report that the sectoral distribution of Value Added Tax (VAT) data for H1 2020 showed that the sum of...
The Independent Review Panel set up by the Bureau of Governors of the African Development Bank (AfDB), has exonerated President of the Bank, Dr Akinwumi Adesina...
President Muhammadu Buhari has approved the appointments of Alhaji Sabiu Abubakar and Mr Oba Oluniyi as Deputy Commissioners for Insurance, National Insurance Commission (NAICOM). The Commission...
The Nigerian Ports Authority (NPA) on Monday said that 17 ships at the Lagos ports were discharging petroleum products and foodstuff. The NPA made this known...
Reputation Poll International, a leading global reputation-management firm, has listed the 2020, 100 Most Reputable Africans. The list features 47 women and 53 men from diverse...
Agusto & Co a Nigeria based rating Agency has said in its 2020 Banking Industry Report that commercial banks in the country have collectively written off...
Building in Lagos above two floors are required to have building insurance policy. Lagos State Government that going forward it plans to introduce building insurance for...
A new World Bank report has found that The African Continental Free Trade Area (AfCFTA) represents a major opportunity for countries to boost growth, reduce poverty,...
NOVA Merchant Bank, a leading merchant bank in Nigeria, has announced the successful issuance of its N10 billion 7-Year Subordinated Unsecured Bond under its N50 billion...
The Federal Government says it is working at inaugurating the Nigeria Diaspora investment fund and mortgage housing project for Nigerians living abroad. The Chairperson of the...
The local bourse closed in the positive region this week, as buying interests in DANGCEM (+6.5%), FIDSON (+18.1%) and JBERGER (+10.0%) buoyed overall performance. Consequently, the...
The external reserve balance sustained a downtrend last week, declining 35bps w/w to settle at $36. 0 billion. Furthermore, following the agreement by OPEC+ countries to...