CBN okays Approvals-in-Principle to Hope PSB, two other Payment Service Banks
In line with its objective of enhancing financial inclusion and the development of the payment system by increasing access to...
NERC: 8.951,869 MWh generated in Q1 2019
The Nigerian Electricity Regulatory Commission (NERC) says the total electric energy generated in the First Quarter of 2019, is 8.951,...
GenCos releases 3,767MW of electricity to national grid
Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations, released an average of 3,767 megawatts of electricity into the national...
NSE market capitalisation rises by N142bn on post-election tribunal outcome
The Nigerian Stock Exchange (NSE), on Thursday, sustained positive trend on post-election tribunal ruling. Specifically, the market capitalisation rose by...
FIRS rakes in N97.7bn from tax defaulters’ bank accounts
The Federal Inland Revenue Service (FIRS) has raked in N97.7 billion from tax defaulters since it directed banks to put...
Trading reverses on NSE, up by 0.39%
The crucial market indices of the Nigerian Stock Exchange (NSE) rebounded on Wednesday with 0.39 per cent after dropping for...
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) has injected $210 million into interbank segment of the Foreign Exchange Market following sales...
CBN releases regulation for electronic payments, collections
The Central Bank of Nigeria (CBN), on Tuesday, released regulation for electronic payments and collections for public and private sectors...
Nigeria bourse drops further by N20bn amid insecurity concerns
Transactions on the Nigeria bourse, on Tuesday, closed negative with a decline of N20 billion, extending bearish sentiment for the...
Profit taking: NSE opens trading with 0.21%
The Nigerian Stock Exchange (NSE) reopened for the week on Monday still on a bearish trend, amid persistent sell pressure....
Dangote: We have empowered many families through Bag of Goodies Promo
Chairman of Dangote Cement Plc, Aliko Dangote, has disclosed that the on-going Bag of Goodies National Consumer Promo was fashioned...
Dakuku Peterside: Massive investment in maritime sector will create employment, diversify Nigeria’s economy, provide additional sources of income beyond oil
The Nigerian Maritime Administration and Safety Agency (NIMASA) has stated that one of the reasons behind the organisation of the...
Financial inclusion: Access Bank targets 65m customers by 2022
Determined to boost financial inclusion, Access Bank Plc says it is targeting a customer base of 65 million by 2022,...
Forex intervention: CBN injects $321.11m, CNY 33.3m into Retail SMIS
The Central Bank of Nigeria (CBN) has made another intervention in the Retail Secondary Market Intervention Sales (SMIS) to the...
Xenophobia: Oshiomhole urges FG to withdraw landing right of South African Airways, tells Nigerians to stop using MTN network services
National Chairman of the All Progressives Congress (APC), Mr Adams Oshiomhole, has urged Nigerians to boycott South African goods and...
NSE downgrades Oando to low priced stock
The Nigerian Stock Exchange (NSE), on Thursday, downgraded Oando Plc to low priced stock. The exchange said that Oando had...
Access Bank splashes over N5.4bn to 15,000 customers in DiamondXtra promo
Access Bank Plc on Thursday said it had splashed over N5.4 billion to more than 15,000 customers under the DiamondXtra...
Dangote wants more women appointed to Corporate Boards
President/CE, Dangote Industries Limited, Aliko Dangote, has called for the appointment of more women to the Boards of corporate organisations...
FIRS contributes 59.7% of funds to Federation Account, says RMAFC
Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Chief Elias Mbam, has commended the efforts of the Federal...
Xenophobia: MTN Nigeria confirms attack, closes stores, service centres ‘until further notice’
MTN Nigeria Communications Plc, on Wednesday, confirmed attacks, saying that all MTN stores and service centres would be closed until...
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