International Monetary Fund IMF has said that informal activities in Nigeria account for about 65 per cent. It said Within sub Sahara Africa, there is significant...
Nigeria’s foreign exchange reserves rose to more than two-year high of $31.22 billion by Aug. 8, central bank data showed on Wednesday. Nigeria’s external reserves,...
A Lagos Federal High Court sitting in Lagos struck out a suit filed by the Federal Government seeking to recover $793.2 million allegedly kept by seven...
The Nigerian Stock Exchange (NSE) market capitalisation on Tuesday hit the N13 trillion mark, barely three weeks it crossed N12 trillion market, amid Nestle gain. The...
Federal Government has said that it planned to withdraw its case against seven local banks over what it says is $793 million due to the state,...
Fidelity Bank Plc, one of the country’s foremost financial institutions has been awarded the “SME Friendly Bank of the Year 2017” in utmost recognition of its...
The 36 state governments reinvested their 2016 share of Nigeria Liquified Natural Gas NLNG dividend in the Sovereign Wealth Fund. The states did not collect their...
The Nigerian National Petroleum Corporation, NNPC said it has attracted $3.8 billion foreign direct investment inflow into Nigeria for four major oil and gas projects. The NNPC,...
Investors on the Nigerian Stock Exchange (NSE) exchanged a total of 8.66 billion shares valued at N97. 08 billion transacted in 89,911 deals in July, A monthly data...
Nigeria’s Gross external reserves rose by $550 million in July to $30.8 billion. This is as a result of rise in oil prices and improvement in...
The rate at which banks lend short term funds to each other in need of cash rose sharply weekend as a result of Central Bank...
The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that the federal government has signed a policy which imposes a tax on first-class and business-class air...
The Nigerian National Petroleum Corporation, NNPC has unfolded details of the two sets of alternative financing agreements worth about $1.78 billion it signed with two of...
The Nigerian equities market closed on a positive note at the end of trade today. The All Share Index (ASI) rose 0.5 per cent to settle...
The Nigerian National Petroleum Corporation, NNPC has said that the West African Gas Pipeline (WAGP) would be extended from Ghana to Cote d’ Ivoire. The Corporation management...