UBA delivers N300.6bn gross earnings, declares N0.17k interim dividend
Africa’s leading financial institution, United Bank for Africa (UBA) Plc, has announced its audited financial results for the half year...
Danbatta: Nigeria’s active GSM subscribers now 199.3 million
Prof. Umar Danbatta, Executive Vice Chairman, Nigerian Communications Commission (NCC), says active GSM subscribers in the country have increased from...
DPR: Nigeria to become net exporter of petroleum products by 2022; 40bn barrels of oil reserve, 210trn cubic feet of gas
The Department of Petroleum Resources (DPR) says with five built refinery plants across the country and seven in the making,...
Lai Mohammed hails DPR for keeping Nigeria’s economy afloat
The Minister of Information and Culture, Alhaji Lai Mohammed, has hailed the management of the Department of Petroleum Resources (DPR)...
Polaris Bank appoints Innocent Ike Acting MD/CEO
The Board of Polaris Bank Limited and Asset Management Corporation of Nigeria (AMCON), the Bank’s shareholder, have announced the appointment...
CBN grants 9mobile Service Payment Bank licence
9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria...
CBN resumes sales of foreign exchange to licensed BDC operators
The Central Bank of Nigeria (CBN) has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators...
Power: CBN directs banks to guarantee NBET, TCN; to address Forex non-repatriation by some exporters
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMB) to provide bank gurantees to Nigeria Bulk Electricity...
Nigeria stock market defies Q2 GDP, up by N33bn
Trading on the Nigerian Stock Exchange (NSE), on Tuesday, sustained upward posture, in spite of a negative Gross Domestic Product...
FirstBank leads sponsorship of The Voice Nigeria, partners UN1TY Nigeria
First Bank of Nigeria Limited, on Tuesday, announced its lead sponsorship of the TV reality musical talent show, The Voice...
NSE opens week with N3bn growth
The nation’s bourse opened trading for the week on Monday on a positive note, growing by three billion naira. The...
FIRS: Abuse of incentive scheme has led to revenue leakages
The Federal Inland Revenue Service (FIRS) says a systemic abuse of the pioneer incentive scheme instituted by the Federal Government...
NSE: Investors stake N1.75bn on 158.62m shares
The Nigerian Stock Exchange (NSE), on Friday, moved 158.62 million shares worth N1.75 billion exchanged in 3,194 deals. This was...
COVID-19: Danbatta lists measures to mitigate impact on QoS delivery, charges operators to boost network capacity
The Executive Vice Chairman and Chief executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has...
CAMA Act 2020: We will regulate e-signature, e-meeting to checkmate cyber fraud, says CAC
The Corporate Affairs Commission (CAC) says it will regulate e-signature and e-meeting promoted by the Companies and Allied Matters Act...
NNPC: No 48m barrels of crude oil missing
The Nigerian National Petroleum Corporation (NNPC), on Thursday, said the report on missing 48 million barrels of crude oil was unfounded...
NIMASA Governing Board approves promotion of nine directors, 586 others
The Governing Board of the Nigerian Maritime Administration and Safety Agency (NIMASA) has approved the promotion of 595 staff, including...
Naira strengthens against dollar
Barely 24 hours the Naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at N477...
Dollars scarcity worsens, forces Naira down
The scarcity of dollars at the parallel market on Tuesday in Lagos forced the Naira down to N480 to a dollar. The Pound Sterling...
NIMASA assures dockworkers of improved welfare, meets NJIC on Collective Bargaining Agreement
The Nigerian Maritime Administration and Safety Agency (NIMASA) has assured stakeholders of its commitment to the protection of the rights...
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