Today, profit taking in NIGERIAN BREWERIES (-3.2%), UBN (-9.5%) and OKOMUOIL (-9.0%) dragged the benchmark index 0.3% lower to close at 32,451.27 points. As a result, market...
Brent crude oil price rose to $80.56 and major oil trading houses are predicting the return of $100 crude for the first time since 2014 as...
Hyde Limited, a global oil and commodities trading company and producer of premium lubricants in Nigeria, has launched a new retail station in Egbeda, Lagos. This...
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales (SMIS) by injecting a total of $317.52million in that...
The Central Bank of Nigeria CBN has revoked the operational license of ailing Skye Bank Plc and set up a bridge bank called Polaris. CBN Governor...
An Italian judge sentenced two defendants in a Nigerian corruption case to jail in the first ruling on one of the oil industry’s biggest graft scandals....
More than 1,000 contractors are participating in the bids for 12 projects advertised by the Nigerian Railway Corporation (NRC). The corporation has opened the bids to...
In today’s trading session, gains in bellwethers – WAPCO (+9.9%), UBA (+4.0%) and ETI (+2.9%) drove the All Share Index (ASI) by 33bps to 32,480.89 points....
About 43 foreign companies have so far indicated interest to participate at the 13th Abuja International Trade Fair slated for Sept. 26 to Oct. 7. Mrs...
The National Bureau of Statistics has resolved to conduct the Nigeria Living Standard Survey (NLSS) next week. The Statistician General of the Federation, Mr Yemi Kale,...
Artificial Intelligence (AI) holds the potential to vastly improve government operations and meet the needs of citizens in new ways, ranging from traffic management to healthcare...
Two Nigerian startups Kitovu Technology and Agriguardian are among the five projects CRU and the African Fertiliser and Agribusiness Partnership (AFAP) have picked to be presented at...
The Acting Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Usman Abubakar has stressed the need for all government agencies...
As landowners troop to the premises of the Edo State Geographic Information Service (EDOGIS) to process their documents in the wake of Governor Godwin Obaseki’s reform...
The Central Bank of Nigeria (CBN) has said that the recent sanction imposed on four banks was not designed to restrict investors access to return on...