IATF2021: Afreximbank, NNPC sign $1.04bn facility for oil exploration
The African Export-Import Bank (Afreximbank) has signed a $1.04 billion facility with the Nigerian National Petroleum Corporation (NNPC) to finance...
Bears resurface on NGX, indices down by 0.22%
Bearish sentiments resurfaced on the Nigerian Exchange (NGX) on Wednesday with key indices dropping by 0.22 per cent on profit...
Senate queries SEC for spending N6bn out of N9bn revenue on salaries
The Senate has queried the Securities and Exchange Commission (SEC) for spending N6 billion out of its N9 billion revenue...
CBN grants Airtel Africa approval to operate as super agent
The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in...
Jamoh on marine accident: Inter agency collaboration key to solution
Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh, says inter-agency collaboration is key to...
Jamoh seeks national policy on waste management
The Nigerian Maritime Administration and Safety Agency (NIMASA), on Saturday, called for development of a national policy on waste management....
FIRS generates N4.2trn in nine months
The Federal Inland Revenue Service (FIRS) says it generated the sum of N4.2 trillion between January and September 2021, in...
Heritage Bank, CBN adopt novel approach to boost wheat production capacity
In a bid to meet high demand amid poor production capacity of wheat, the Central Bank of Nigeria and Heritage...
Alleged extortion: FAAN apprehends Arik airline official
The Federal Airports Authority of Nigeria (FAAN) said that an official of Arik airline was apprehended while soliciting bribe from...
NGX gains N644bn on Airtel, MTNN payment service approvals
Transactions on the Nigerian stock market closed on a positive note with the market capitalisation gaining N644 billion to hit...
How we’re tackling corruption in maritime operations, by NPA MD Bello-Koko
The Nigerian Ports Authority (NPA) is taking stringent measures to tackle unwholesome tendencies in maritime business to entrench confidence in...
CBN: Fake N1000, N500 notes declined in 2020
The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in...
MTN Nigeria gets CBN approval for MOMO Payment Service Bank
MTN Nigeria Communications Plc says it has received Approval in Principle from the Central Bank of Nigeria (CBN) for a...
Mangal’s $600m cement factory coming
Mangal Industries Ltd. has said that it signed an agreement with a Chinese firm, Sinoma, for the construction of a...
FMDQ’s turnover increases to N24.03trn
FMDQ Securities Exchange Ltd. has recorded a turnover of N24.03 trillion in the Fixed Income and Currency (FIC) markets in the...
MTN Group to sell 575 million ordinary shares in Nigerian business
MTN Group has announced plans to sell 575 million shares in MTN Nigeria. This is contained in a notice signed...
Shippers’ council advisory committee visits Jime, urges development of Inland dry ports
The Chairman of the Advisory committee of the Nigerian Ports Process Manual (NPPM), Prince Olayiwola Shittu, on Wednesday, urged the...
Heritage Bank launches Octiplus App, reinforces commitment as technology-driven institution
Heritage Bank Plc has launched a robust innovative and advanced digital banking experience 'Octiplus'. Octiplus is a bank-agnostic, all-in-one digital...
Shell awards $800m contracts to Nigerian firms
Mr Osagie Okunbor, Country Chair, Shell Companies In Nigeria (SCiN), says 100 per cent of its contracts worth $800 million...
NB Plc records N309.22bn revenue in nine months
Nigerian Breweries Plc has posted N309.22 billion in revenue for the nine months ended September 30. The Company Secretary/Legal Director,...
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