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Guinness Nigeria Plc, has announced that it will be establishing a N10 billion Commercial Paper (“CP”) programme with the view to launching its inaugural CP issue...
The Financial Market Dealers Quotations (FMDQ) OTC Plc on Thursday declared N1.75 billion as revenue for the year ended Dec. 31, 2014. The company had earlier...
Nigerian foreign exchange reserves fell 1 per cent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier, the central bank said weekend....
Oil eased toward $66 a barrel yesterday after reaching a 2015 high, as ample current supplies and weak Chinese factory activity countered expectations of a tighter...
The Central Bank yesterday said that the fiscal operations of the Federal Government in the second half of 2014 resulted in an over spending of the...
The forensic audit conducted by PWC on NNPC to ascertain the veracity of the alleged missing $20 billion from the Federation account is generating furor and...
President, Goodluck Jonathan’s order that the forensic audit report of the NNPC be made public is generating furor in some quarters and curiosity in others. Here...
The Securities and Exchange Commission (SEC) said that Sept. 30 deadline for new minimum capital requirement for market operators would not be extended. The acting Director-General...
Bank customers are divided over the reduction in the amount of foreign exchange that can be accessed for overseas transactions through naira debit/credit cards. Two weeks...
The Nigerian Civil Aviation Authority (NCAA) on Tuesday lifted the suspension on the Discovery Airline’s Air Operator Certificate (AOC). Mr Samuel Adurogboye, Asst. General Manager, Corporate...
Transactions at the Nigerian Stock Exchange (NSE) on Tuesday remained on a downward trend due to profit taking with the market indicators dropping by 0.62 per...
The National Pension Commission (PenCom) on Tuesday said it had pegged the minimum pension fund assets investment on infrastructure at N5 billion. A statement by...
Major oil marketers have warned that fuel scarcity may linger for a while as the federal government has not paid what it owes marketers who imported...
Chief executives from major oil companies joined together in Washington with senior government officials from several oil-producing countries to commit, for the first time, to ending...
The value of the Naira on Monday depreciated against the dollar by N3, to close at N208 at the Bureau De Change (BDC) from the N205...