Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has reaffirmed the Agency’s commitment to the establishment of a strong and sustainable...
At the close of trade, the benchmark index rose marginally by 3bps to settle at 30,741.88 points due to price appreciation in FCMB (+5.2%), GUARANTY (+0.3%) and DANGSUGAR (+0.7%). Similarly,...
(Reuters) – Investors moved to price a greater chance of U.S. policy gridlock after a close and tightly contested election on Wednesday. Strength in U.S. Treasuries...
Dangote Group has said that its $2billion granulated urea fertiliser plant located at Ibeju Lekki, Lagos will start production before the end of December. Mr Anthony...
The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian National Petroleum Corporation, has reported an explosion at a production facility in Oil Mining...
The domestic equities market reversed yesterday’s loss following buying interest in DANGCEM (+5.6%), DANGSUGAR (+1.6%) and UBN (+1.8%). Consequently, the NSE All-Share Index (ASI) gained 83bps to 30,733.47 points. Similarly, investors gained...
Nigeria Accident Investigation Bureau, AIB, yesterday released the report of the accident involving a Chanchangi Boeing 737-200 aircraft at the Port Harcourt Airport Omagwa. The current...
The Economic and Financial Crimes Commission (EFCC) has confirmed the invitation of Mr Babatunde Fowler, former Chairman of the Federal Inland Revenue Service (FIRS) for questioning....
The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the Group Managing Director of...
The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organisations to explore the opportunities available in the African...
Minister of Aviation, Senator Hadi Sirika has said that the federal government has approved N4 billion Naira bailout fund for domestic airlines to mitigate the adverse...
Sell-offs in the banking stocks, ETI (-8.9%), FCMB (-9.9%) and ZENITH (-0.7%) drove the NSE All-Share Index (ASI) down 17bps to 30,479.39 points. Similarly, investors lost ₦26.8bn as market capitalisation declined to ₦15.9tn and YTD...
The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting because of the associated...
Nigeria’s trade with the Republic of Bangladesh this year is valued at $145 million, a modest rise from $11.27 million last year. Minister of Trade, Industry...
Indication emerged weekend that about some Ministries, Departments and Agencies MDAs in the Federal Civil Service have reportedly exhausted their 2020 personnel costs and therefore unable...