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Nigeria’s Qua Iboe crude oil terminal, operated by ExxonMobil, is closed and workers have been evacuated, traders said on Thursday. A market source said that the...
The market indicators of the Nigerian Stock Exchange (NSE) on Thursday appreciated further with the All-Share Index crossing 27,000 market in spite of the strike by...
The Minister of State, Aviation, Sen. Hadi Sirika, says the Federal Government will concession the Abuja, Lagos, Port Harcourt and Kano international airports in the first...
There is no truth whatsoever in speculations that the naira has been devalued or that a devaluation is imminent, the Central Bank of Nigeria (CBN) has...
Lagos State Governor, Mr Akinwunmi Ambode, on Monday said the state had officially joined Nigeria’s league of oil producing states with the discovery of crude oil...
Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Monday said Nigeria’s crude oil production had declined from 2.2 million barrels per day to 1.4...
Last week’s storming of two banks premises by operatives of the Economic and Financial Crimes Commission, has left in its trail a bitter and sour taste...
Shareholders of companies traded at the Nigerian Stock Exchange lost as much as N1.2 trillion in the first four months of the year (January – April...
Naira, Monday appreciated by N10 to exchange at N350 to dollar in the parallel market. There was volatility in the parallel market exchange rate between Friday...
Zenith Bank Plc and the French Development Agency (Agence Francaise de Development (AFD), operator of France’s bilateral development finance mechanism, over the weekend in Abuja, signed...
Activities on the Nigerian Stock Exchange (NSE), on Monday rose, with market capitalisation improving by N130 billion following price appreciation by some highly capitalised stocks. The...
Investors on the Nigerian Stock Exchange (NSE) on Wednesday traded a total of 198.46 million shares worth N1.60 billion transacted in 3,538 deals. The level of...
Sterling Bank and Access Bank have notified the Nigerian Stock Exchange (NSE) about their operations concerning the ongoing investigations by the Economic and Financial Crimes Commission...
Nigeria has scrapped the controversial subsidy on petrol. Minister of State for Petroleum Resources and GMD of the NNPC, Dr. Ibe Kachikwu has announced in a...
The directors of ten banks collected N7.6 billion as fees and allowances in 2015, representing 1.58 percent of the banks’ profitability during the year. The ten...