Maritime operators owe NIMASA $420.5m, says Peterside
The Nigerian Maritime Administration and Safety Agency (NIMASA) has stated that debts owed the Agency by some operators in the...
IMF Report: Nigeria’s economy bounces back, overtakes South Africa, Egypt
A new report from the International Monetary Fund (IMF) has projected Nigeria as Africa’s biggest economy, in spite of its...
NSE market indices drop further by 0.29%
Market indicators of the Nigerian Stock Exchange (NSE) on Tuesday slipped further by 0.29 per cent, due to price loses...
NSE market capitalisation nosedives by N77bn
Transactions on the Nigerian Stock Exchange (NSE) opened for the week on Monday on a negative trend with market capitalisation...
Naira sustains recovery at forex market
The Naira on Monday sustained its recovery trajectory in all the major segments of the forex market. The Naira gained...
Dangote: 98% of Nigeria’s dairy products imported
Chairman, Dangote Group, Alhaji Aliko Dangote, says 98 per cent of all dairy products consumed in the country are imported....
NCC increases International Termination Rate to N24.40
The Nigerian Communications Commission (NCC) has said that the International Termination Rate (ITR) has been reviewed to N24.40 per minute....
NSE: 220.85m shares attract N1.53bn
Investors on the Nigerian Stock Exchange (NSE) on Friday traded 220.85 million shares worth N1.53 billion in 2,381 deals. This...
Poor earnings: NSE market capitalisation down by N59bn
Activities on the Nigerian Stock Exchange (NSE) on Thursday, remained on a negative note due to unimpressive third quarter result...
No Nigerian bank is undercapitalised, says CBN
The Central Bank of Nigeria (CBN) has said that there is no truth in a report that seven Nigerian banks...
Nestle tops losers’ chart on NSE
Nestle Nigeria on Wednesday topped the losers’ chart on the Nigerian Stock Exchange (NSE), forcing the market indices to drop...
CBN assures MAN of forex supply
The Central Bank of Nigeria (CBN) on Wednesday assured Manufacturers Association of Nigeria (MAN) of improved foreign exchange supply to...
Anxiety in FAAN as FG allegedly sacks, demotes 22 directors, GMs
There was palpable anxiety at the Federal Airports Authority of Nigeria (FAAN), on Wednesday over the alleged sack and demotion...
NCC: We granted approval for Visafone share transfer to MTN, not licence
The Nigerian Communications Commission (NCC) on Wednesday said a decision to transfer Visafone licence to MTN had not yet been...
NSE market capitalisation improves further by N38bn
The Nigerian stock market on Tuesday sustained an upward trend with capitalisation appreciating further by N38 billion due to impressive...
Naira appreciates against dollar at parallel market
The Naira on Tuesday appreciated against the dollar at the parallel market, closing at N468 to a dollar. The Nigerian...
Dangote Group raises alarm on malicious use of its brand name for online scam
Dangote Group has raised the alarm over the activities of online fraudsters, who are maliciously misrepresenting and misusing its brand...
NSE market indices record 0.32% growth
The market indices of the Nigerian Stock Exchange (NSE) on Monday recorded marginal growth, appreciating by 0.32 per cent due...
Naira consolidates gain against dollar
The Naira on Monday consolidated its gain against the dollar at the forex market. Since the resumption of the sale...
Naira extends gain against dollar
The Naira on Thursday, continued to appreciate against the dollar at the three major segments of the Forex market. At...
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