Stock market review: FBN Holdings leads 41 others as investors gain N811bn
FBN Holdings Plc has topped 41 other advanced equities to pull the Nigerian Exchange Ltd. (NGX) market indices up by 1.46 per cent, week-on-week, […]
BUSINESS
FG to divest 26 oil blocks of 8.211m barrels reserves
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the International Oil Companies (IOCs) have proposed 26 oil blocks to be divested to indigenous companies […]
Tax: Court orders FCT-IRS to seal off defaulting company
A Magistrate Court sitting in Wuse Zone 2, Abuja, on Friday, ordered the Federal Capital Territory Internal Revenue Service (FCT-IRS) to seal off a […]
UBA champions youth empowerment through Graduate Programme, employs 398 across Africa
Africa’s Global Bank, United Bank for Africa (UBA), held the second edition of its expanded Graduate Management Acceleration Programme (GMAP) class of 2024, where […]
Ajaokuta: Nigeria imports $8bn steel yearly — Minister
The Minister of Steel Development, Mr Shuaib Abubakar, says Nigeria spends $8 billion to import steel into the country annually, saying it has become […]
Wema Bank marks 79th anniversary
Wema Bank, the pioneer of Africa’s first fully digital bank, ALAT, on Thursday announced a joint celebration, marking its 79th anniversary and ALAT’s seventh […]
Allocation: Area Councils, Stakeholders share N6.3b, records approximately 40% increase
By JOHN ONAH, Abuja The Federal Capital Territory Administration (FCTA) has disbursed the sum of N6,316,621,045.37 billion to the six area councils and other […]
CBN urged to stabilise exchange rate, peg customs duty at N1,000
The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimises volatility in […]
Embracing Google: Essential Tactics for Online Success By REUBEN KALU
In the vast expanse of the digital realm, Google looms large, an omnipresent force shaping the way we navigate, search, and conduct business online. […]
We need consultation, public hearing to review PIA regulations – NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulation Authority (NMDPRA) has said consultation with stakeholders and public hearing must be conducted to review proposed draft […]
MTN, other stocks lift market capitalisation by N196bn gain
Renewed demand for MTN Nigeria, alongside Zenith Bank and FBN Holdings, among other leading stocks, on Tuesday, pulled the Nigerian Exchange Ltd.(NGX) market capitalisation up […]
Naira rebounds, gains N28.15 against dollar
The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official market, trading at N1,390.96 […]
2024 Q1: MTN hits 78m subscribers, up 1.3%
MTN Nigeria says its total subscribers increased by 1.3 per cent to 77.7 million, as at March 31, 2024, from 76.7 million recorded in […]
Sugar: Dangote targets 700,000MT domestic production by 2029
Chairman, Dangote Sugar Refinery Plc, Alhaji Aliko Dangote, has unveiled the company’s target of producing 700,000 metric tonnes of refined sugar in the next […]
Fuel queues will be cleared by May 1, says NNPCL
The Nigerian National Petroleum Company Ltd. has assured Nigerians that the ongoing fuel scarcity and queues will be cleared out Wednesday, May 1. Chief […]
BIRS to commence collection of presumptive tax from operators in informal sector
By TYAV SAM TYAV, Makurdi Determined to improve its revenue profile, the Benue State Internal Revenue Service (BIRS), is now set to commence the […]
NUPRC opens bid for 17 marginal oil fields – Komolafe
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has begun the conduct of fresh bid round for marginal oil fields in Nigeria. […]
Divestments: Shell assets estimated at 4.96 billion barrels oil reserve – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said the Shell Petroleum Development Company of Nigeria Limited (SPDC) assets being considered for divestments have […]
Naira slides by 6% against dollar at official market
The Naira on Monday further depreciated at the official market, trading at N1,419.11 to the dollar. Data from the official trading platform of the […]
Transcorp Hotels’ expansion plans boost investor confidence; reports N42bn revenue in 2023
Transcorp Hotels Plc (“Company”), the hospitality subsidiary of one of Africa’s leading, listed companies, Transnational Corporation Plc (Transcorp Group, Monday April 29, 2024 held […]