Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35% decline in oil output over 10 years as companies delay investments in...
Central Bank of Nigeria CBN, has introduced longer-term contracts on the Naira in a move to attract more foreign exchange inflows and shore up its dollar...
Price depreciation in MTNN (-4.2%), ZENITH (-1.5%) and NEM (-7.3%) drove the All-Share Index down 67bps to 27,694.62 points. Consequently, YTD return moderated to 4.8% while market capitalisation...
The N154.38 Central Bank of Nigeria’s (CBN) Treasury Bills Auction was oversubscribed by 46% with marginal fall in rates on the 91 and 180-day tenors. The apex bank...
Federal Inland Revenue service has develop a fresh plan to end tax evasion. The approach is to track all tax evaders and defaulters in the country,...
Federal government has restated its commitment to establishing agro industrial processing zones in the country. Minister of State for Agriculture, Mr Mustapha Shehuri, in Lagos made...
Google said it has trained five million Africans out of which 3 millions are Nigerians. Speaking on behalf of the Google delegation, Mr Doron Avni, the...
Nigeria is considering a Eurobond sale of between $2.8 billion and $3 billion to help partially fund its 2020 budget after President Muhammadu Buhari wins approval...
The Federal Government said that the forthcoming third UK-Nigeria Economic Development Forum (EDF) would foster economic ties and enhance volume of trade and investment opportunities between...
The Committee on Citizen Data Management and Harmonisation has assured Nigerians that it would work toward speedy harmonisation of the citizens’ numerous identification data held by...
The Central Bank of Nigeria (CBN) has again injected the sum of $210 million into the inter-bank Foreign Exchange Market to boost liquidity in the sector....
International money transfer company WorldRemit has predicted that 2020 will be the year of intra-African remittances. The World Bank already estimates that migrant workers within Africa...
Price appreciation in ACCESS (+1.6%), UBA (+1.3%) and UBN (+1.4%) moved the All-Share Index up 2bps to 27,874.43 points. Consequently, YTD return rose to 3.9% and market capitalisation increased ₦1.3 billion to ₦14.5 trillion. Activity level...
World Bank President David Malpass has chided other development banks for lending too quickly to heavily indebted countries, saying some were helping worsen already-challenging debt situations....
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, said that by June, the oil industry would have a clear fiscal...