Investment, CSL Stockbrokers Limited, has said that the United States plan to apply tax to remittances could weaken Nigeria’s FX inflows if passed. US lawmakers have...
Renaissance Energy has halted production into the country’s Trans Niger oil pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal,...
The federal government has called on all lessors and leasing companies operating in Nigeria’s equipment leasing sector to undertake the compulsory registration of lease agreements, warning that...
The Raw Materials Research and Development Council has called on African countries to prioritise industrialisation over raw material extraction to address the continent’s dependence on exportation...
Local Automobile Industry Patronage Bill, 2025, has scaled the second reading in the Senate. This followed the presentation of the lead debate on the general principles...
Federal Competition and Consumer Protection Commission (FCCPC), in collaboration with law enforcement, carried out an enforcement operation at No. 214 Aba-Owerri Road, Aba, Abia State, where...
For the third consecutive session in a row, the Nigeria Exchange market closed on a positive note as the ASI and market capitalisation increased by 0.37%...
Bayelsa Electricity Company Ltd (BEC Ltd) has reaffirmed its commitment to the timely installation of the newly acquired 60MW gas-fired power plant, aimed at ensuring uninterrupted...
Lagos Commodities and Futures Exchange (LCFE) has inducted 42 commodities brokers, increasing the number of practitioners to over 300 through its capacity-building initiatives aimed at deepening...
The International Energy Agency (IEA) on Thursday raised its global oil demand growth forecast for 2025 by 20,000 barrels per day (bpd) compared to last month’s...
MTN Nigeria and the Chartered Institute of Taxation of Nigeria have canvassed urgent tax reforms to boost national development. They made the call on Wednesday in...
International Finance Corporation has signed a $5 million investment in Husk Nigeria to expand access to reliable, renewable energy in underserved communities across Nigeria. The funding,...
Crude oil prices fell on Thursday on expectations for a U.S.-Iran nuclear deal that could result in sanctions being eased and more barrels released onto the...
Nigeria’s headline inflation rate fell slightly in April, to 23.71% year on year from 24.23% in March, data from its statistics agency showed on Thursday. Inflation...
U.S. envoys in Africa will be rated on commercial deals struck, not aid spent, a senior State Department official said, touting it as the new strategy...