NNPC makes giant stride, targets 1.8mbpd production
The Group Managing Director (GMD)/Chief Executive Officer (CEO) of the Nigerian National Petroleum Company Limited, Malam Mele Kyari, started his weekly activities with an interview […]
BUSINESS
Economists fault plan to occupy CBN, insist apex bank not cause of hardship
The North-South Economists’ Forum, NSEF, a focus group of development economists, has faulted the notice by some Nigerians to occupy the Central Bank of Nigeria, […]
SMEDAN distributes business equipment to 135 entrepreneurs in Enugu
No fewer than 135 entrepreneurs in Enugu State have received business start-up kits distributed by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). […]
Leadway Pensure not in breach of investment regulation by investing in FBN Holdings — PenCom
The National Pension Commission (PenCom) says that Leadway Pensure Ltd. is not in breach of the Investment Regulation by investing pension funds in the equities […]
Profit taking: NGX extends losing streak by N33bn
Profit-taking activities continued on Thursday in the Nigerian equities market as investors lost N33 billion on sell-offs in 23 stocks. The News Agency of Nigeria […]
Glo rewards over 100 subscribers with home appliances
Globacom Nigeria on Thursday rewarded over 100 subscribers, the first set of winners of the ‘Joy Unlimited Extravaganza‘ promo with home appliances in Lagos. The […]
AfreximBank signs $1bn petroleum exploration deal with NNPC
The Export-Import Bank (AfreximBank) has signed a $US1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance the exploration of petroleum. The agreement […]
Nigeria’s economy grows by 4.03% in Q3 of 2021 — NBS
The Federation’s General Statistician and Head of the National Bureau of Statistics, Simon Harry has said the country’s economy grew 4.03% in the third quarter […]
NGX spotlights SPACs as a viable alternative route to public markets
BY TENEBE ANTHONIA, Lagos – In recognition of the role Special Purpose Acquisition Companies (SPACs) play in catalyzing economic growth through public markets Nigeria and […]
South East residents pay highest average price for petrol in October – NBS
By JOY ADARA, Abuja- The National Bureau of Statistics (NBS) has revealed that South East residents paid the highest average price for Premium Motor Spirit […]
NGX highlights opportunities for diversification in Nigeria’s capital market
By TENEBE ANTHONIA, Lagos – Nigerian Exchange Limited (NGX) has expounded on the various opportunities available to investors to diversify their portfolios at its Retail […]
Airtel Africa reaches 2nd closing of Airtel money minority investments
By TENEBE ANTHONIA, Lagos – Airtel Africa Plc has reached the second closing relating to the Airtel money minority investment transactions with TPG’s The Rise […]
MTN Nigeria lists N110bn Series 1 bond on FMDQ exchange
By OLA MUDOPE, Lagos – FMDQ Securities Exchange Ltd. (FMDQ Exchange) has approved the listing of MTN Nigeria Communications (MTN Nigeria) N110 billion Series 1 […]
FCCPC, CBN, EFCC, others to investigate rights violation in money lending
The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation […]
Nigeria’s inflation decreases further to 15.99% in October
The Consumer Price Index (CPI) which measures inflation increased by 15.99 per cent (year-on-year) in October 2021, the National Bureau of Statistics (NBS) has revealed. […]
CBN grants Airtel Africa approval for super agent
The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in principle to operate as a […]
Nigeria, most attractive investment destination in Africa – FirstBank, BOI
With population in excess of 200 million and access to market across the continent, Nigeria is the most attractive destination for investment in Africa, economic […]
NCC 2021 BMR: Akande, Danbatta commit to drive next phase of industry growth
As the three-day 2021 Board and Management Retreat (BMR) organised by the Nigerian Communications Commission (NCC) comes to a close, the Executive Vice Chairman and […]
Islamic Devt Bank to boost export capabilities of 200 Nigerian SMEs, agripreneurs
iProduce Africa, an agribusiness hub sponsored by the Islamic Development Bank (IsDB), says it has concluded plans to train no fewer than 200 Small and […]
Customers laud Made-in-Aba products, commend trade fair organisers
Customers on Saturday, expressed satisfaction with the quality of products displayed by the exhibitors at the ongoing 8th edition of Made-In-Aba Trade Fair in Abuja. […]