South African telecoms firm MTN has appointed Nigerian investment firm Chapel Hill Denham as lead manager for the initial public offering of its Nigerian business...
SystemSpecs, owners of Remita, the software infrastructure which facilitates payment into Nigeria’s Treasury Single Account (TSA), will fly the Nigerian flag alongside representatives of the Federal...
In its relentless move to guarantee liquidity in the foreign exchange market, the Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market...
Price of petrol will be reviewed as soon as Petroleum Industry Governance Bill is passed to law. This is the view of Nigerian Association of Energy...
The Federal Operation Unit Zone B of Nigeria Customs Service said on Thursday it seized 1, 500 bags of smuggled rice and vegetable oil valued over...
The Nigeria Merchant Navy Officers and Water Transport Senior Staff Association have officially written to the Inspector General of Police, Mr. Ibrahim Idris, decrying the alleged...
The European Investment Bank and the African Development Bank have agreed to support the creation of the new Development Bank of Nigeria to strengthen lending for...
The local bourse rebounded today as the All Share Index (ASI) rose 25bps to close at 40,874.09 points following buying interest in DANGCEM (+1.4%) and OANDO (+6.1%); ex-DANGCEM,...
The Nigerian National Petroleum Corporation, NNPC, has said that its downstream subsidiary, NNPC Retail Limited, has introduced stricter measures to scrutinise and supervise the operations...
In continuation of its intervention in the inter-bank sector of the Foreign Exchange market, the Central Bank of Nigeria (CBN) has intervened with another sum of...
The Management of African Alliance Insurance Plc has said that N8.69billion was paid in claims settlement in 2017, a 32.5 per cent increase from the N6.56...
Profit taking in SEPLAT (-3.3%), INTEBREW (-2.1%) and UBN (-4.8%) dragged the performance of the All Share Index today to close at 40,772.26 points while YTD...
Sub-Saharan Africa is on course for economic growth of 3.1 percent this year, the World Bank said on Wednesday, marginally slower than it previously forecast but...
Nestlé Nigeria has introduced its new breakfast cereal, GOLDEN MORN Puffs. Made from grains and cereals, it provides families with even more choices of tastier, healthier...
International Monetary Fund has said that global debt hit a new record high of $164 trillion in 2016, the equivalent of 225 per cent of global...