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Federal Government has said that it realised only N398 billion in 2016 as non oil revenue, which it described as abysmally low out of the projected N1.506...
Nigeria National Petroleum Corporation has said that it cost N136 to refine one litre of petrol in Nigeria. Speaking at the ongoing oil and gas conference in...
Market Statistics Thursday, 2nd March, 2017 Market Cap (N’bn) 8,593.1 Market Cap ...
Nigeria’s oil production has risen to 2.1 million barrels a day, the managing director of NNPC said. Maikanti Baru NNPC’s group Managing Director at a conference in...
Nedbank slashes value of Ecobank stake Nedbank booked a $293 million write-down on the value of its stake in Ecobank and reported its slowest growth in...
Nigeria’s economy is on its way out of recession the vice president’s office said after data showing gross domestic product shrank a less-than-previously 1.3 percent year-on-year...
Minister of Finance, Mrs. Kemi Adeosun said that the Development Bank of Nigeria (DBN) is being positioned to galvanise Small and Medium Scale Enterprises sector for...
The Department of Petroleum Resources, has threatened to mete out sever sanctions against petroleum products marketers engaged in the profiteering by hoarding, diverting petroleum products and...
—–pumps additional $80m for PTA, Fees, Medicals & $100m through Banks for Wholesale Forwards Market In keeping with its determination to increase liquidity in the foreign...
As different sections of the executive arm of the Federal Government are now defending the 2017 budget proposals before the National Assembly, new details are emerging...
Indications emerged weekend that many banks have not been able to pick up additional foreign exchange which the CBN has on offer. Many of the banks...
Securities and Exchange Commission (SEC) has sealed up the premises of Yuan Dong (YDEC). SEC, in a statement in Abuja said Yuan Dong parades itself as an...
If the National Assembly passes President Muhammadu Buhari’s 2017 N7.298 trillion budget as proposed, the country will spend a hefty sum of N5.41 billion as cost...
South Africa’s Liberty Holdings will acquire a 75 percent stake in a Nigerian long-term insurer for $12 million, the company said. The acquisition is to enable...
CBN’s CIRCULAR ON NATIONWIDE IMPLEMENTATION OF THE CASH-LESS POLICY AS ISSUED Please be informed that the bankers committee at its 493rd meeting, held on the 8th...