Category: Local

Despite the destabilising effects of the COVID-19 pandemic, Nigeria and other low and medium-income countries recorded strong remittance flows, a…

The Nigerian Agip Oil Company (NAOC) on Wednesday confirmed an oil leak from its Idu oilfields at Egbebiri settlement within…

Dangote Cement, founded by Africa’s richest man, Aliko Dangote, has a 60.6% market share, Lafarge Africa – 21.8%, BUA Cement…

MoneyGram will let people in the U.S. withdraw their cryptocurrency holdings in cash, marking another step from mainstream financial institutions toward…

The Nigeria Sovereign Investment Authority plans to raise equity capital and sell sukuk bonds this year to fund technology and…

The Consumer Price Index, which measures a basket of goods as well as energy and housing costs, rose 4.2% from…

Shipowners Association of Nigeria (SOAN) has said that $100 million is lost to capital flight as the Nigerian National Petroleum…

Months before her suspension last week, the Managing Director of the Nigerian Ports Authority (NPA), Hadiza Usman, repeatedly faced off with…

S&P Global Ratings said that changes to the boards of First Bank of Nigeria Ltd. (FBN; B-/Stable/B) and FBN Holdings PLC (FBNH;…

The Nigeria Sovereign Investment Authority (NSIA), yesterday, hinted that its net assets grew by N193.21billion in 2020, representing a 33…

The Market Traders Association of Nigeria (MATAN) has expressed delight on steps taken by the Federal Government to address the…

Globacom on Tuesday announced the recommencement of SIM card activation at its service outlets across Nigeria. This is coming after…

The Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, has disclosed that the commission has recovered $153 million…

Nigeria’s diaspora remittances have been projected to rise by five per cent to $22bn by the end of 2021. Agusto…

THE manufacturing sector plays an important role in the country’s economy and will continue to do so in every economy, the…

Gas stations from Florida to Virginia began running dry and prices at the pump rose on Tuesday, as the shutdown…

The Department of Petroleum Resources (DPR) has pledged support to the completion of Nigeria’s first floating Liquefied Natural Gas (LNG)…

Fitch Ratings has disclosed that the removal of the non-executive board members of FBN Holdings Plc and First Bank of…

Following gains recorded by most blue chip stocks, the Nigerian Exchange Limited (NGX) reopened in uptrend yesterday, as market capitalisation…

Nigeria’s mid-crop cocoa output is expected to rise following higher than expected rainfall which hashelped boost output for the 2020/21…

LAGOS, Nigeria — Gas flaring worldwide decreased by 5 percent in the pandemic year, mostly because of lower demand for…

Funds reporting needs to be harmonised as Nigeria’s mutual funds rose to N1.6tn as of the end of 2020, Coronation…

Takudzwa Takunda Mutevedzi Imagine winning a million-dollar lottery but instead of rolling around in opulence and glamour for eternity, you plunge…

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has stated that the bank is  privileged to work closely with the Nigerians in Diaspora Commission,…

The Securities and Exchange Commission has said it will register and actively monitor brokers selling stocks for foreign companies in…

Agency banking is one of the models being used by commercial banks to reach the unbanked across the nooks and…

The bronze plaques from his birthplace looked strange at the British Museum. Enotie Ogbebor, a visiting artist, knew they were…

The federal yesterday indicated that it is considering extending the current equalisation scheme in the petrol supply system in the…