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Ondo State Governor To Inaugurate Cocoa Factory
An agro-allied company, Johnvent Industries Nigeria Limited, has said it has invested N3bn to boost cocoa business…
External Reserves Lost $610m A Month
The nation’s external reserves fell by $610m last month, figures obtained from the Central Bank of Nigeria on…
No Plan To Exit The Nigeria Market- MTN
MTN Nigeria Communications Plc is set to raise at least N97.18bn from its public offer to retail investors.
This…
Price Of Crude Oil Is Predicted To Rise To $150 Per Barrel
J.P Morgan Analysts led by Christyan Malek have predicted a rise in the price of crude from its current 76…
Foreign Airlines Stops Local Travel Agencies And Firms From Selling Tickets Due To…
As dollar shortage in the Nigerian economy continues to hit the air travel industry harder, foreign airlines flying…
MTN Nigeria Begin Sale Of Shares
MTN Group says it will sell up to 575 million shares held in MTN Nigeria at N169 per share to retail investors.…
Nigerian Stock Exchange Starts On A Downward Move
The Nigerian stock market began the week on a negative note as banking and consumer goods stocks, among others,…
US Mission Hail Burger King Expands To Nigeria
The US Mission in Nigeria has hailed the growing US-Nigeria commercial ties as Burger King expands to Nigeria.…
CIPM Unveils Body Of Knowledge, Competency Framework
The Chartered Institute of Personnel Management has unveiled its body of knowledge and competency framework.…
Jos Electricity Laments N115bn Owed By Consumers
The Managing Director, Jos Electricity Distribution Plc, Engr. Hashim Ibrahim Bakori has said post-paid customers…
Nigeria, Others Seal $42.1 Billion Trade Deals At IATF
Nigeria and other African countries sealed trade-related investment deals worth $42.1 billion at the recently…
Nigeria To Benefit From $4.7tr Digital Service Export Market
The National Information and Technology Development Agency (NITDA) and Nigerian Export Promotion Council (NEPC)…
NGX Reopens Negative As Capitalisation Slumps By N20 Billion
Transactions on the Nigerian Exchange Limited (NGX) reopened on a downward note yesterday, occasioned by losses in…
Data Suggest Forex Market Getting Out Of Shock
Notwithstanding the rattle by the newest variant of COVID-19, Omicron, which has raised fresh uncertainty, data and…
AfDB Postpones 2021 Africa Investment Forum Over Omicron COVID-19 Variant Concerns
The African Development Bank (AfDB) has postponed the 2021 Africa Investment Forum until further notice over…
PIA: Natural Gas Price Rises By 50 Cents For Cement, Other Companies
The Domestic Base Price (DBP) of natural gas for heating has risen by half a dollar (50 cents) for cement, non-grid…
Banks’ Earnings Hit N2.64tn In Nine Months – Reports
Nine banks made a gross earning of N2.64tn in the first nine months of 2021 according to data collated from the…
Dangote Refinery To Become Highest Employer Of Chemical Engineers
The National President of the Nigeria Society of Chemical Engineers has revealed that Dangote Oil Refining Company…
Twitter Has Accepted All Our Conditions – FG
The Federal Government says Twitter has agreed to all the conditions it laid out for its operations in Nigeria.…
Seplat Energy Announces Plan To Acquire Exxon’s Shallow Water Assets
Seplat Energy, Nigeria’s largest listed oil and gas firm by market value, has announced that it is in competitive…
NCC To Conduct 5G Trial Thursday
The Nigerian Communications Commission says it is set for the second trial of 5G in Nigeria.
According to the…
Nigeria’s Exchange Rate Strategy Discourages Investors, increases Inflation –…
The World Bank says the Nigerian government’s exchange rate management policies are discouraging…
FG’s Capital Market Debt Servicing Gulps N2.18tn In 10 Months – Reports
Servicing of debts acquired through instruments issued by the Federal Government in the Nigeria capital market…
Currency In Circulation Rose By 4.58% To N2.97tn In October – CBN
The Central Bank of Nigeria (CBN) says the currency in circulation rose by 4.58% from N2.84tn in September to…
We’ve Carried Out Due Diligence In Honeywell Acquisition – Flour Mills
Flour Mills of Nigeria Plc (’FMN”) has assured its stakeholders that the recent announcement by the Group to assume…
FG May Extend 2021 Budget Implementation To Next Year
The Federal Government may extend the implementation of capital projects components in the 2021 Appropriation Act…
Investors Lose N71.44bn As Oil, Banking Stocks Decline
Investors in the equities market of the Nigerian Exchange Limited recorded a loss of N71.44bn at the end of the…
Broadband Subscriptions Drop By 9.8m Million Over Vandalism, Others
Broadband subscriptions dropped from 85.94 million recorded in December 2020 to 76.15 million in October 2021,…
Flour Mills, Honeywell’s Market Capitalisation Jumps By 34%
Two of Nigeria’s largest flour milling companies, Flour Mills of Nigeria Plc and Honeywell Flour Mills Plc, have…
Fuel Worth N12.87bn Lost In Seven Months, Says NNPC
Petroleum products valued at N12.87bn were lost in seven months as oil theft and pipeline vandalism continued to…