Central Bank of Nigeria (CBN) is seeking the adoption of policies to discourage frivolous importation of foreign currency and hot money into the country. CBN intentions are...
Debt Management Office raised a total of N56.05 billion in a bond auction out of the N150 billion it intended to raise on behalf of...
Minister of Petroleum Resources Emmanuel Ibe Kachikwu said that the federal government has initiated plans to achieve 100 per cent local fabrication of modular refineries in...
United States Deputy Assistant Secretary (DAS) of Commerce, Seward L. Jones has expressed optimism about Nigeria’s economic prospects as the country moves out of recession. Hosting over...
The African Development Bank Group (AfDB) said it has debarred Chongqing International Construction Corporation (CICO) for a minimum period of twelve months for fraudulent practices....
Central Bank of Nigeria is billed to raise the sum of N193.14 billion worth of treasury bills at an auction on August 30. The CBN will...
Shell says it has started gas production at expanded Nigeria project. Anglo-Dutch oil major Royal Dutch Shell has said that gas production from the second phase...
The Nigerian stock market extended its gains as the All Share Index (ASI) rose 0.3 per cent to settle at 37,059.21 points on account of upticks...
Dangote Group of Companies has signed a $450 million Memorandum of Understanding (MoU) with Niger State government to develop an integrated sugar industry in Lavun. Details...
The Department of Petroleum Resources (DPR) has indicated its willingness to collaborate with the Lagos State Government in its quest to develop a road map for...
The Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) has said that it is poised to recover the sum of N56.6 billion from five states and federal...
Crude oil prices rose to $52, lifted by indications that supply is gradually tightening, especially in the United States. Brent crude oil was up 40 cents...
Investors at the Nigerian Stock Exchange gained N130 billion in today’s trading as market capitalisation improved by N130 billion following gains posted by some highly capitalised...
The Nigeria Export Processing Zones Authority (NEPZA) and the Nigeria Customs Service (NCS) are to jointly establish a committee to harmonise their operations for efficient operation...
The Power Sector Group of the Lagos Chamber of Commerce and Industry (LCCI), a leading voice in the organised private sector (OPS) in Nigeria, is set...