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FG sets 9-month timeline for 2024 oil block licensing round
In a significant shift from previous practices, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has!-->…
Growth Stack wins tech award
Growth Stack has been honored as Africa’s most trusted software development company of the year by the African!-->…
SEC Chief Warns on Risks of Innovation at Capital Market Summit
Emomotimi Agama, Director General of the Securities and Exchange Commission (SEC), has urged stakeholders in!-->…
Rubicola Partners NGX, ACCA On Sustainability, Climate Risk Disclosures
In an effort to enhance corporate transparency and sustainability in Nigeria, Rubicola Consulting has partnered!-->…
SAHCO grows gross profit to N8.19bn
Skyway Aviation Handling Company (SAHCO) Plc announced a substantial growth in its gross profit, reaching N8.195!-->…
Recapitalisation: Wema Bank Gets Approval For N40bn Rights Issue
Wema Bank has announced the successful conclusion of the first tranche of its recapitalisation exercise, securing!-->…
Nigeria’s Eurobond Issuance Plans Remain Uncertain
Nigeria's planned Eurobond issuance has left investors and market players in uncertainty as authorities have not!-->…
NDIC Lists Heritage Bank Assets for Sale Nationwide Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) has announced the sale of Heritage Bank's assets nationwide!-->…
Minister Unveils Nigeria’s Largest Syringe Manufacturer
Dr. Tunji Alausa, the Minister of State for Health and Social Welfare, has called for collaboration among!-->…
Minimum wage: Our agreement with FG is N250,000 – NLC, TUC
The Organised Labour has firmly stated that the only agreement it recognizes with the Federal Government regarding!-->…
NNPCL Calls For Establishment Of Special Court Over Crude Oil Theft
Mr. Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC), has called on!-->…
Money market funds grow by 14% in 5 months
In the first five months of 2024, Nigeria's money market funds saw a significant increase of 14%, driven by!-->…
Aiteo-Nembe Dispute Threatens Nigeria’s Oil Production
Nigeria's daily crude oil production, which currently stands at 1.5 million barrels per day, is at risk of!-->…
Company Income Tax Reduced By 12% In Q1
Nigeria's Company Income Tax (CIT) revenue fell to N984.6 billion in the first quarter of 2024, marking a 12.87!-->…
Micro pension records mixed fortune as contributions decline
Despite a rise in the number of contributors to the micro pension fund, informal sector workers are reducing their!-->…
FG Seeks $500M World Bank Loan for Rural Roads and Agricultural Marketing…
The Federal Government of Nigeria is pursuing a $500 million loan from the World Bank to enhance rural roads and!-->…
We secured about $5.5 billion in bank loans to build Dangote Refinery – Aliko…
Africa’s richest individual, Aliko Dangote, disclosed that his company secured approximately $5.5 billion in bank!-->…
Banking sector remains safe, CIBN assures customers
The Chartered Institute of Bankers of Nigeria (CIBN) has reassured bank customers of the stability and security of!-->…
16 Directors Exit After Ex-Governor’s Misconduct Probe
Sixteen out of twenty-nine directors at the Central Bank of Nigeria (CBN) have been relieved of their duties,!-->…
Company Income Tax Dips N135.4bn, VAT Grows N230bn In Q1
Nigeria's Company Income Tax (CIT) has seen a significant decline, dropping to N984.61 billion in the first!-->…
Uncertainty Clouds Nigeria’s Eurobond Plans
Nigeria’s plans to issue Eurobonds this year, a key strategy to strengthen government finances, are facing!-->…
Full text of President Bola Tinubu’s Democracy Day speech, June 12, 2024
TEXT OF PRESIDENT BOLA TINUBU’S NATIONAL BROADCAST ON THE 25TH ANNIVERSARY OF UNBROKEN DEMOCRACY IN NIGERIA,!-->…
Tolaram Splashes Over N100bn For Diageo’s 58.02% Stake In Guinness
Tolaram, a Singapore-based holding company, is set to acquire Diageo’s 58.02 percent stake in Guinness Nigeria for!-->…
Price war on London route takes off as foreign airlines slash fares
Competition on the popular Lagos-London route has intensified, with foreign airlines significantly reducing fares.!-->…
I Was Warned Against Building Refinery — Dangote
Aliko Dangote, the Nigerian billionaire behind the Dangote Group, recently spoke about the challenges of!-->…
Sacked CBN Employees Seek Reinstatement
A group of recently dismissed employees from the Central Bank of Nigeria (CBN) is challenging the manner of their!-->…
Zenith Bank Appoints Adaora Umeoji as First Female GMD/CEO
Zenith Bank Plc, a leader in Nigeria's banking sector, has appointed Adaora Umeoji as its new Group Managing!-->…
Insurance sector charged on digital adoption to accelerate penetration
Enterprise Life Nigeria, a leading insurance provider, is calling for the industry to embrace digital adoption.!-->…
Food security: FG providing N200 billion to support the cultivation of hectares of…
The Secretary to the Government of the Federation (SGF), Sen. George Akume, announced that the federal government!-->…
Police declare ‘fugitive’ First Bank employee, Tijani Muiz, ‘wanted’ over alleged…
The Nigerian Police Force has declared Tijani, an employee of First Bank of Nigeria Limited, wanted for multiple!-->…