The Chairman, Egbin Power Station, Mr Kola Adesina, on Monday said that the plant in Lagos was facing serious challenges following the N39 billion debt owed...
The Nigerian Stock Exchange (NSE), said that foreign investors withdrew the sum of N40.07 billion from the equities market in the month of September. This is...
Central Bank of Nigeria (CBN) said that over 40 million accounts have been enrolled to the Biometric Verification Number (BVN). The CBN stated this in a...
*Restate regulatory decisions on directors The Financial Reporting Council yesterday asked the management of Stanbic IBTC Holdings to withdraw the advertorial published in response its regulatory...
FBN Holdings Plc yesterday said that its subsidiary, First Bank of Nigeria Limited, has settled the N1.88 billion fines imposed on the bank by the Central...
Moody’s rating agency changed the outlook on MTN Group’s credit ratings to yesterday, citing the potential impact of a fine by the Nigerian telecoms regulator on...
The Nigerian National Petroleum Corporation, NNPC, yesterday, stated that 278 companies are vying to secure the contract for the trading of about 950,000 barrels per day...
The Securities and Exchange Commission (SEC) on Tuesday, promised to support FMDQ OTC to create a vibrant debt capital market (DCM) aimed at financing the nation’s...
The World Bank has ranked Nigeria 169 out of 189 countries in its latest report on the ease of doing business globally. This is contained in...
The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by N88 billion due to poor third quarter results announced by some quoted...
*Accuses bank of issuing misleading financial statements *Orders withdrawal of 2013, 2014 accounts *Stanbic IBTC debunks accusations The Financial Reporting Council (FRC) yesterday suspended The Chairman...
PZ Cussons Nigeria Plc on Tuesday approved final dividend of N2.42 billion, representing a payment of 61 kobo per share to all its shareholders. Chairman of...
The market indicators of the Nigerian Stock Exchange (NSE) recorded further appreciation on Tuesday improving by 0.20 per cent as a result of price rally sustained...
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid out a cumulative N6.831 billion insured deposits to 528,277 depositors of 49 closed Deposit Money Banks...
The Central Bank of Nigeria (CBN) has said that 32 million active bank accounts have yet to be enrolled on the Biometric Verification Number (BVN) by...