The domestic equities market reversed gains from the previous session as elevated sell pressures impacted market performance today. Consequently, the All Share Index (ASI) shed 0.1%...
Wema Bank plc said it is partnering with the the Association of Community Pharmacist of Nigeria (ACPN) through Advantage Health Africa (AHA) to provide support for...
Authorised dealers in the wholesale segment of the inter-bank foreign exchange market received the sum of $100million as intervention from the Central Bank of Nigeria (CBN)...
Nigerian National Petroleum Corporation (NNPC) said in Abuja that its operation for the month of June recorded N7.15 billion as trading surplus, lower than N18.12 billion...
Brent crude oil prices shrunk by15 cents a barrel at $77.19 while U.S. light crude was unchanged at $67.04. The drop in prices was as a...
The Bureau of Public Enterprises (BPE) in collaboration with other federal agencies namely National Bureau of Statistics (NBS) and Nigeria Institute of Social and Economics Research...
The Nigerian National Petroleum Corporation, its subsidiary NPDC and other oil companies are owing the Federation Account Allocation Account the sum of $22.06 billion and N481.75...
The Federal Government is implementing critical reforms and privatisation in key sectors of the economy to address the abysmal failure of state-owned enterprises and halt the...
(Reuters) – Two former executives of collapsed oil company Afren were sentenced to up to six years in prison on Monday after they were convicted of...
The Nigeria Extractive Industry Transparency Initiative (NEITI) on Monday called for urgent action on some of the remediation issues identified in its audit reports on the...
Foremost financial and investment analyst, Mr. Bismarck Rewane, has commended the Federal Government, through the Central Bank of Nigeria (CBN), Asset Management Corporation of Nigeria (AMCON)...
Crude oil prices have fallen by about $10 a barrel since four-year highs reached in early October. Brent crude futures fell 21 cents to $77.41 a...
Lagos Chamber of Commerce and Industry (LCCI), is set to hold a roundtable on ECOWAS integration and challenges faced by Nigerian traders in Ghana. This is...
Customers of leading financial services provider, First City Monument Bank (FCMB), and Nigerians in general, who reside or run businesses in Mararaba-Karu, a satellite settlement town...
The implementation of Tier-based Minimum Solvency Capital policy for insurance companies operating in Nigeria has been suspended by the industry’s regulator, National Insurance Commission (NAICOM). This...