Naira should be stronger than the official rate, a ministerial nominee , Olawale Edun, has said, stating that a weaker currency was not supported by fundamentals....
Nigerian equities extended losses to open the week as the All-Share Index closed 1.10% weaker to settle at 64,337.52. Sustained selloffs in telco heavyweight MTNN (-3.68%) and...
The Nigerian Maritime Administration and Safety Agency, NIMASA working with officials of Total Energies EP Nigeria limited rescued occupants of a distressed fishing vessel belonging to...
Representatives of the Federal Government and Organised Labour have resumed their talks on ways to cushion the harsh effects of the removal of petrol subsidy. The...
Media Office of Prof. Yemi Osinbajo has said that “The UNESCO International Institute for Higher Education in Latin America and the Caribbean (IESALC) is providing support...
Nigeria has saved over N1 trillion about $1.32 billion in just over two months by scrapping a popular but costly subsidy on petrol and moved to...
OPEC oil output has fallen in July after Saudi Arabia made an additional voluntary cut as part of the OPEC+ producer group’s latest agreement to support...
Wema Bank has grown its half year financials grossing N89.09 billion in earnings. The bank said this in its unaudited results for Half Year ended 30th...
With the prevalent dependency of African economies on external supply of fertilisers and grains and up to 30% of cereals imported from Russia, ensuring that critical...
Gombe State Governor, Muhammadu Inuwa Yahaya have called on private investors from within and outside the state to take advantage of the good atmosphere and business-friendly...
The Edo State Government has said that it is stepping up regulatory standards for the operation of gas and petrol stations in the state, noting that it is...
The Nigerian National Petroleum Company Limited said it has uncovered 162 illegal oil pipeline connections and illegal refineries in the Niger Delta, particularly in Bayelsa in...
Transnational Corporation Plc (Transcorp Group), Nigeria’s leading conglomerate with investments in Power, Hospitality and Energy sectors has announced reported its financial results for the first half...
President Bola Tinubu has appointed a financial watchdog to investigate the central bank of Nigeria CBN, weeks after he suspended its governor, a copy of a...
In the last trading session of the week, the domestic bourse extended losses as the All-Share Index declined by 0.65% to close at 65,056.39 points. Bearish sentiments...