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The Bureau of Public Enterprises (BPE) said it did not initiate or receive N27 billion insurance deal for staff of the defunct Power Holding Company of...
The Senate on Wednesday described the 2017-2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper presented to the Upper Chamber by the Presidency as “unrealistic”...
Transactions on the Nigerian equity market on Wednesday reversed a two-week bearish trend with the market indicators appreciating marginally by 0.22 per cent. The All-Share Index...
The Naira appreciated against the dollar at the interbank market on Wednesday. The local currency gained 50k to close at N304.50 compared to N305 it traded...
The House of Representatives, on Wednesday, urged the Nigeria Communications Commission (NCC) to synergise with telecommunications operators to provide telecom services for rural populace across the...
A draft budget framework for 2017 submitted to National Assembly by Nigerian President Muhammadu Buhari is based on unrealistic assumptions about oil production and the currency...
The Institute of Chartered Accountants of Nigeria, ICAN has submitted a 13 point agenda to relevant government agencies to salvage the economy. Presenting the communique reached...
The Bank of Industry, BoI, says its N310 billion five-year financing programme for Small and Medium Enterprises, SMEs, will fast track expansion of the sector. Mr...
—GDP drops by 2.24% — oil production averaged 1.63million barrels per day — non-oil sector grew by 0.03% —-manufacturing fell by 2.93% Goods and services...
Activities opened for the week on Monday on the Nigerian Stock Exchange (NSE) still on a negative trend, as the market awaits outcome of the last...
The Naira on Monday gained 50k to exchange at N305.00 to a dollar at the interbank market. The Nigerian currency had closed at N305.50 for...
The Bank of Industry (BoI) says its partnership with Oduduwa Foundation through a N1 billion youth empowerment scheme will help democratise entrepreneurship in the country. Mr...
The Central Bank of Nigeria (CBN) in Abuja said that no Nigerian Bank was in distress. The Central Bank stated this in a statement by its...
Some shareholders of Ikeja Hotel Plc say the decision of Nigerian Stock Exchange (NSE) to place the company’s shares on full suspension after over one year...
The Nigerian National Petroleum Corporation (NNPC’s) under-funding cash calls hit 2.5 billion dollars in 2016, says Dr Maikanti Baru, its Group Managing Director. Baru made this...