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The African Development Bank Group (AfDB), through its Trade Finance operations, has approved a $14.12 million facility to support Nigeria’s membership in the African Trade Insurance...
Trading on the local equity market wrapped up today on a negative note as the All Share Index (ASI) fell 1.2% to 30,036.15 points while YTD...
Samsung Electronics on Tuesday flagged its first quarterly profit drop in two years and painted a grim outlook owing to mounting competition from Chinese smartphone makers...
The United Nations say Nigeria lost an estimated $2.8 billion in revenues in 2018, mainly due to oil-related crimes. This is according to a new ‘Report...
The Nigerian Electricity Regulatory Commission (NERC), has said that that only about 45 per cent out of the total 7,476,856 registered customers had been metered by the 11...
The Federal Inland Revenue Service, FIRS, said it recorded N5.320 trillion collected in taxes, in 2018 beating the 2012 record of N5.07 trillion. Tunde Fowler, Executive...
The President of World Bank, Jim Yong Kim has resigned. He announced his resignation saying he would leave office on February 1. In his resignation letter...
MTN Group executives may have expected investors to cut them a little slack after they got potential liabilities of $8.1 billion in Nigeria reduced to $53...
Trading at the Nigerian Stock market performed negatively at the close of business as the All Share Index (ASI) fell 0.8 per cent to 30,400.28 points...
Crude oil prices rose by more than 1.5 per cent in the international market on expectation that talks in Beijing can resolve a trade war between...
Debt Management Office DMO, on behalf of The Federal Government has commenced 2019 with a savings bonds sales by offering for subscription two-year savings bond at...
Nigerian Interbank Settlement System (NIBSS) report has said that Nigeria’s electronic payment (e-payment) services, recorded transactions worth N56.85 trillion in nine months, January to September, 2018....
A Nigerian militant group said on Sunday it had carried out an as yet unconfirmed warning strike on an oil facility owned by local energy firm...
China is set to cut banks’ reserve requirement ratios (RRRs), taxes and fees, Premier Li Keqiang said, as the world’s second-largest economy shows further signs of...
Oil cargoes departing from Nigeria to the United States fell to 103,000 bpd in December, 2018 down by 48,000 bpd, new data has shown. The drop...