Category: Local

Director General of the Nigeria Export Promotion Council (NEPC), Segun Awolowo has explained that the zero -oil plan initiative developed…

Dangote Cement Plc (“Dangote Cement” or “DCP” or the “Company”) hereby announces the commencement of its share buy-back programme (the…

Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of…

The recent report by the National Bureau of Statistics (NBS) showed that the consumer price index (CPI) which measures inflation…

The nation’s external reserves fell by $567 million in the first two weeks of this month. According to the latest…

The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have…

NIGERIA’s foreign exchange (forex) reserves dropped by $132.06 million at the weekend as the apex bank continued to use the…

OFFSHORE rig values have declined almost 42 per cent in the last 12 months, equating to a loss of around…

Oil dipped towards $51 a barrel on Friday though still headed for a seventh weekly gain in a row as…

The Nigeria Immigration Service (NIS) has confirmed the increase in the number of Nigerians struggling to travel overseas due to…

The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the third quarter of this…

Forex turnover rose by 9.6%, as the Naira’s exchange rate at the NAFEX window appreciated against the dollar to close…

WHILE the most recent Petroleum Status Report tilted firmly into positive territory, the crude market has taken a cautious stance…

The Nigeria Customs Service has disclosed plans to roll out an electronic-Customs platform with capacity to promote future increase in…

The House of Representatives has directed its Committee on Customs and Excise (CCE) to investigate the total collapse of the…

The strengthening of the local currency was boosted by FX liquidity in the market as authorised dealers had enough to…

The Securities and Exchange Commission, Nigeria (SEC Nigeria) and Financial Sector Deepening (FSD) Africa have today announced the start of…

The Manufacturers Association of Nigeria (MAN) has raised an alarm that the double inflation digits was occasioned by the upsurge…

Nigeria’s naira and other African currencies are likely to trade stable or firm slightly in the week ahead, helped by…

In a holiday security advisory posted on its website, the embassy said it gave the warning given that crime is…

Nigerian President Muhammadu Buhari ordered the reopening of the nation’s land borders, ending a 16-month shutdown that raised food prices…

McKinsey and Company in a report stated that digitalisation will enable Nigerian banks to achieve between 25 and 40 per…

Over 164 million phone lines may be disconnected by December 31, if their owners fail to integrate their National Identity…

The Central Bank of Nigeria has warned operators against paying recipients of diaspora remittances in local currency. It warned that…