FG revokes oil licences of Pan Ocean, five others
The Department of Petroleum Resources (DPR) has revoked five Oil Mining Licences (OML) and one Oil Prospecting Licence (OPL) belonging...
Eid-el-Fitri: NSE market indices down by 0.45%
The Nigerian equities market maintained a bearish outing on Monday, having opened for the week with a loss of 0.45...
Oando to SEC: Your ruling on forensic audit ‘unsubstantiated, ultra vires, invalid’, vows to ‘take all legal steps to protect business, assets’
Oando Plc said on Friday that it would challenge the Securities and Exchange Commission (SEC) ruling on the outcome of...
Negotiated settlement: MTN pays N55bn final instalment to NCC
MTN Nigeria Plc says it has paid the sixth and final instalment of N55 billion negotiated settlement to the Nigerian...
‘Tinubu’s suspension will bring sanity to capital market’
Operators on the nation bourse, on Friday, said that suspension of two directors of Oando Plc from public companies for...
Oando saga: SEC bars Wale Tinubu, Boyo from being public company director five years
After over a year of forensic audit, the Securities and Exchange Commission (SEC) has concluded investigation of Oando Plc and...
MTN Nigeria posts N1.04trn revenue
Two weeks after listing on the Nigerian Stock Exchange (NSE), MTN Nigeria Communications Plc, on Friday, announced a revenue of...
Johnson: PENGASSAN mourns
President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Mr Francis Johnson, is dead. Mr Lumumba...
May 29: Market capitalisation inches to N490bn
The Nigerian equities market, on Tuesday, experienced a turnaround with the market capitalisation improving by N490 billion or 3.68 per...
Nestle shareholders endorse N30.52bn final dividend for 2018
Shareholders of Nestle Nigeria Plc, on Tuesday, unanimously endorsed a final dividend of N30.52 billion recommended by the company for...
Why EFCC is investigating us, by MTN
MTN Nigeria Communications Plc, on Saturday, said that it was being investigated by the Economic and Financial Crimes Commission (EFCC)...
UBA’s Africa Conversations: Leaders emphasise importance of History to continent’s development
African leading minds have called on Africans to be mindful of their rich history, which according to them creates the...
Nigeria’s gas reserves rise by 7.3%, now 200.79 tcf
Nigeria’s gas reserves have increased by 7.3 per cent from 187 trillion cubic feet (tcf) to 200.79 tcf, according the...
Nigeria long overdue for National Fleet, says Dakuku
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way...
MPC retains lending rate at 13.5% due to inflation
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at...
NSE All-Share Index returns to 30,000 mark
Trading on the Nigerian Stock Exchange (NSE) maintained positive trend on Tuesday with MTN Nigeria Communications leading the gainers’ chart...
NIMASA, Port of Antwerp to partner on maritime trade
As part of efforts to boost trade and encourage foreign direct investment opportunities in the Nigerian maritime sector, the Nigerian...
NIMASA committed to release of hijacked MT APECUS crew
The Nigerian Maritime Administration and Safety Agency (NIMASA), in collaboration with the Nigerian Navy, the Indian High Commission in...
Trading sustains positive on NSE, up by 1.74%
The Nigerian equities on Monday extended positive stance with the crucial market indicators appreciating by 1.74 per cent. The market...
Nigeria’s GDP increases as non-oil sector grows by 0.41%
The National Bureau of Statistics (NBS) said Nigeria’s Gross Domestic Product (GDP) recorded a positive growth as the non-oil sector...
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