Real Time Financial News Website
Sanwo-Olu, who visited the scene on Monday morning, also announced a N2 billion relief fund to cushion the effect on the victims and address the disasters triggered by the explosion.
Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn from the expected earnings accruable to the country in six months.
A massive explosion which rocked Lagos on Sunday morning has led to the destruction of houses in different parts of the state.
Zenith Bank Plc has reportedly been given the green light to merge or acquire Union Bank Nigeria Plc.
The Central Bank of Nigeria (CBN) says market fundamentals do not support Naira devaluation this time around. The CBN made…
Two men in grey jumpsuits brush glue onto rubber soles, while factory machines whir in the background. Elsewhere, women perched…
The plunge in oil prices is piling pressure on Nigeria to devalue the naira as dwindling export revenue depletes foreign-exchange…
Nigeria spent N1.713 trillion on the importation of Premium Motor Spirit, also known as petrol, in 2019, according to data…
Nnewi is not a tier-one city in Africa, and not in Nigeria. Even within Anambra, it is masked by the…
Ngozi Okonjo-Iweala, Nigeria’s former minister of finance, was at South Africa’s presidential economic advisory council meeting in Tshwane on Friday.…
Yetunde Oluyide has run a gift shop in bustling Lagos for nearly a decade, but with coronavirus curtailing imports of…
Stockbrokers are out of fashion in Nigeria. Not a single company registered to become a dealer on the West African…
Coronation Merchant Bank Limited on Thursday announced a profit after tax of N5.09 billion for the financial year ended Dec.…
Foreign Direct Investment (FDI) into Nigeria may have returned to the downward trend after a mild recovery in 2018. The…
Standard Chartered (StanChart) has grown its full year 2019 profit by eight per cent and improved earnings per share by…
Unity Bank Plc has launched an Unstructured Supplementary Service Data, USSD banking in Nigeria’s three major languages – Yoruba, Hausa…
Stanbic IBTC Holdings Plc recorded a net profit of N75.04 billion in 2019 as the financial holding company sustained steady…
Union Bank of Nigeria (UBN) Plc on Thursday announced a dividend recommendation of about N7.3 billion for the 2019 business…
A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the…
The Central Bank of Nigeria (CBN) has widened the permissible activities of Micro Finance Banks (MfBs) to include the issuance…
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over…
THE board and management of Vitafoam Nigeria Plc yesterday reassured shareholders and other stakeholders that the company would continue to…
A Lagos High Court has set aside the arbitral tribunal award, which dismissed Global Gas and Refining Limited’s claim for…
Ikeja Electric Plc, one of the nation’s power distribution companies, has announced the appointment of Mrs Folake Soetan as its…
The President, Major General Muhammadu Buhari (retd.), has approved the appointment of Bashir Jamoh as the Director-General of the Nigerian…
THE issuance of a sovereign guarantee to the tune of 85 per cent of the Engineering Procurement and Construction (EPC)…
The fast-spreading coronavirus from China is threatening Nigeria’s main source of revenue – oil. To this end, the Federal Government…
For a while, the sports betting industry in Nigeria has been rife with the news that the Federal Inland Revenue…
