IFC Nigeria’s portfolio hits $1.7bn
International Finance Corporation (IFC), a member of the World Bank, has revealed that the corporation’s total portfolio in Nigeria stood...
Two companies sue FIRS over N20.4m additional tax charges
Two companies filed an appeal against the Federal Inland Revenue Service (FIRS) before the Tax Appeal Tribunal seeking an order...
Fuel scarcity imminent as marketers insist on payment of N500bn subsidy debt
Some Independent Petroleum Marketers in Lagos have said that fuel scarcity would resurface in the country if the Federal Government...
NNPC replaces offshore processing arrangement for crude oil direct sale
The Nigerian National Petroleum Corporation (NNPC) on Tuesday announced the replacement of the Offshore Processing Arrangement (OPA) option for an...
Skye Bank pledges funding, capacity building for SMEs
The Executive Director, South South/Retail Banking, Skye Bank Plc, Mrs. Ibiye Ekong, has pledged the bank’s continued support to the...
NSE sanctions Oando for delayed filing of financial results
The Nigerian Stock Exchange (NSE) has sanctioned Oando Plc for delayed filing of its audited financial statements (AFS) for the...
Trading maintains negative trend on NSE
Transactions at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a negative trend with the market...
BVN: CBN extends enrolment for Diaspora bank customers
The Central Bank of Nigeria (CBN) has extended the timeline for Nigerian bank customers in the Diaspora to enroll for...
NNPC got N38.67bn from sale of petroleum products in Sep
The Nigerian National Petroleum Corporation (NNPC) realised N38.67 billion from the sale of downstream petroleum products in September. This is...
Nigeria internet users increase to 97m, says NCC
The number of internet users on Nigeria's telecoms networks has hit 97.21 million, up from the 95.37 million recorded in...
Afreximbank to partner Dangote in promoting intra-African trade
The African Export-Import Bank (Afreximbank) will partner with Dangote Group, one of Africa’s leading indigenous multinational corporations, in promoting intra-African...
Investors’ net worth on NSE drops further by 0.87 per cent
The net worth of investors' at the Nigerian Stock Exchange (NSE) on Friday declined by .87 per cent, due to...
Naira maintains steady depreciation at parallel market
The Naira on Friday depreciated further at the parallel market, amidst intense regulation of the activities of operators of the...
Customs retires 34 officers
The Nigeria Customs Service (NCS) on Friday announced the retirement of 34 of its officers. A statement by the Public...
‘Nigeria needs N12trn to feed 340m population by 2050’
An agricultural expert on Thursday said that N12 trillion would be needed to feed Nigerians by 2050, when its population...
BVN enrolment hits 20.8m, says CBN
The Central Bank of Nigeria (CBN) said on Thursday that about 20.8 million active account users enrolled on the Bank...
Union Bank rebrands, unveils new logo
In line with the change mantra pervading the corporate and political landscape in Nigeria, Union Bank of Nigeria Plc (Union...
Diamond Bank’s profit after tax drops
Profit after tax of Diamond Bank declined by 20.9 per cent during its third quarter ended Sept. 30. The bank's...
Zenith Bank emerges most traded equity as NSE market indices drop by 0.61%
Trading at the Nigerian Stock Exchange (NSE), resumed for the week on a negative trend on Monday with the market...
Q3: Dangote Cement African projects drive revenue to N365.5 billion
Aggressive African expansion projects by Dangote Cement have started yielding positive fruits as the company, for the nine months ended...
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