FCMB Group and AIICO Insurance have notified the Nigerian Stock Exchange (NSE) and the investing public of discussions for sale of 96 per cent stake of...
Director-General Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has disclosed that there are policies in the pipeline to improve the quality of training...
Microsoft Corp. said Friday it will close all of its physical store locations, as part of the software and cloud giant’s new approach to retail. The...
Ecobank has extended its zero charge fee for digital money transfers below N5,000 till the end of September this year. In addition to the free USSD...
The Standards Organisation of Nigeria has raised a red alert on the discovery of suspected substandard Toyota brand of engine oil in the Nigerian markets. A...
IFC, a member of the World Bank Group, today announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand...
Deputy Governor Central Bank of Nigeria (CBN) Aishah Ahmad has said that 17 banks submitted requests to restructure over 32,000 loans for individuals and businesses impacted...
Profit-taking in MTNN (-0.4%), ZENITH (-1.5%) and FBNH (-0.9%) dragged the benchmark index 12bps lower to close at 24,625.24 points. As a result, market capitalisation declined ₦15.6bn to ₦12.8tn while YTD loss worsened to...
As drug trafficking by sea increases globally, the National Drug Law Enforcement Agency, NDLEA have stressed the need for the Federal Government to straighten the agency...
The gap between the bullish mood among investors and the huge uncertainties about the extent and speed of the economic recovery from the coronavirus pandemic is...
The Nigerian National Petroleum Corporation (NNPC) has said that 218.37billion Cubic Feet (BCF) of natural gas was produced in March 2020, translating to an average daily...
Nigerians have been advised to move from the realm of denial, anger and accept the reality of the ‘new normal’ occasioned by COVID-19 pandemic by properly...
Aviation unions have threatened to shut down the Nigerian Airspace Management Authority ,NAMA, operations if the agency goes ahead with its planned payment of incomplete salaries...
Losses in the equities market were extended into the third consecutive trading session as sell-offs in SEPLAT (-10.0%), NIGERIAN BREWERIES (-3.6%) and INTBREW (-9.9%) dragged the benchmark index 38bps lower to...
Sub-Saharan Africa’s gross domestic product is expected to shrink by 3.2% this year due to the impact of the COVID-19 pandemic, the International Monetary Fund said...