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Eaton Acquisitions Limited, an investment company, has increased its stake in NEM Insurance to 9%, days after it announced the acquisition of 4% of the insurance...
In line with its agenda to spread prosperity and reduce poverty, the Federal Government will continue to initiate and sustain programmes aimed at uplifting Nigerians at...
Nigeria’s central bank has debited N2.4 billion ($7.9 million) in fines from Standard Chartered and N1.2 billion from Citigroup for allegedly helping South African telecoms firm...
Transparency International (TI), an International Non-Governmental Organisation (NGO), has said $670 million was transacted annually in cash as security vote in Nigeria. The cash, TI said...
Sell pressures in GUARANTY (-4.6%), STANBIC (-4.3%) and UNILEVER (-6.4%) weighed on market performance dragging the All Share Index (ASI) 88bps lower to 34,110.22 points....
As insinuations mount that China is heaping Africa with debt, Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), has denied the alleged debt crisis...
The National Bureau of Statistics (NBS) said the country recorded foreign trade valued at N6.57billion in the second quarter. The bureau disclosed this in its “Foreign...
The U.S. trade deficit widened for the second straight month in July and by the most since 2015 on record imports, despite President Trump‘s efforts to lower...
The Nigerian Content Development and Monitoring Board (NCDMB) has raised $200 million to facilitate local content development in the oil sector. The board had the statutory...
At the end of today’s trading session, the benchmark index shed 1.5% to close at 34,414.37 points as investors booked profit in DANGCEM (-3.0%), ZENITH (+2.3%), GUARANTY (+1.5%) and...
Chi Farms Limited, a subsidiary of TGI Group, in partnership with ZOETIS, a global animal health care company and representative of Bill and Melinda Gates Foundation...
World oil consumption will reach 100 million barrels per day (bpd) later this year, hitting that level much sooner than previously forecast, OPEC’s secretary-general said on...
The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange market.The CBN,...
The Nigeria Customs Service (NCS) said it recorded its highest ever monthly revenue of N140.4 billion in August 2018. The Customs Public Relations Officer, Mr Joseph...
Nigeria’s partnership with China through the Forum on China-Africa Cooperation (FOCAC) resulted in the execution of vital infrastructure across the country valued at over $5 billion...