The Federal Government has launched an Asset Tracking and Management Project (ATMProject), through which the Government would be able to locate, identify, assess and evaluate all...
Indications are that the economic recession that hit the country is gradually easing off as Nigerian private sector activity expanded for a second straight month in...
Panic and fears of huge loses have gripped hoarders of foreign currency as Central Bank of Nigeria CBN continued supply of foreign exchange to the market...
The German Federal Minister for Economic Cooperation and Development, Gerd Müller, has unveiled his Government’s proposed “Marshall Plan” with Africa at the African Development Bank Group...
Economic and Financial Crime Commission EFCC, has filed fresh corruption charges against Royal Dutch Shell PLC, Eni SpA and others regarding the $1.3 billion purchase of...
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...