N800b subsidy debt: Oil marketers give FG seven-day ultimatum to pay cash
Oil marketers on Sunday in Lagos gave the Federal Government a seven-day ultimatum to settle outstanding debts totalling N800 billion,...
FG rakes in N716.8bn from bonds in eight months
The Securities and Exchange Commission (SEC), on Friday, said the Federal Government realised N716. 8 billion from bonds issued between...
CBN grants Diamond Bank approval to operate as national bank
The Central Bank of Nigeria (CBN) has granted Diamond Bank Plc, approval to operate as a national bank following its...
Naira gains against dollar at investor’s window
The Naira on Wednesday gained 70 kobo to exchange at N364.15 to the dollar at the investor’s window. It traded...
NSE: Capitalisation dips further by N149bn
Huge losses posted by some blue chips on the Nigerian Stock Exchange (NSE) on Tuesday took a toll on its...
14–year-old Odjegba Divine wins 2018 UBA Foundation’s National Essay Competition
Two girls and a boy took the top three spots in this year’s edition of the UBA Foundation’s National...
CBN: $3.2bn withdrawn from NLNG account in three years
Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account domiciled in the Central...
MPC retains lending rate at 14% for 14th consecutive time
The Monetary Policy Committee (MPC), for the 14th consecutive time, has retained the Monetary Policy Rate (MPR) at 14 per...
12 finalists selected in UBA Foundation National Essay Competition 2018
UBA Foundation, the corporate social responsibility arm of the United Bank for Africa (UBA) Plc, has announced the 12 finalists...
FG allots N39.52bn in November bonds
The Federal Government, on Wednesday, allotted N39.52 billion worth of bonds in its November auction, refusing to accept higher rates...
Illegal detention: Subscriber slams N250m suit on MTN
A subscriber to MTN Nigeria Communications Limited, Chidi Johnson, has slammed a N250 million suit on the telecommunications company before...
Sell pressure: All-Share Index drops to 31,000 mark
Renewed sell pressure embarked by investors on the Nigerian Stock Exchange (NSE) took further toll on the market indices, with...
Capital market indices appreciate marginally by 0.03%
The crucial market indices of the Nigerian Stock Exchange (NSE), on Tuesday, posted marginal growth of 0.03 per cent. Specifically,...
FG to auction N115bn bonds Nov 21
The Debt Management Office (DMO) says the Federal Government is to auction by subscription N115 billion worth of bonds on...
NDIC saved N949bn depositors’ funds in failed Skye Bank
The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director...
Ado Bayero heads Board of Directors as Teleology takes over 9Mobile
Teleology has formally taken over the management of 9mobile. It announced the constitution of a new board of directors for...
Management, directors of defunct Skye Bank panic as NDIC monitors investigations
The Nigeria Deposit Insurance Corporation (NDIC) says it is monitoring investigations of directors and management of the failed Skye Bank...
Samsung 2018 QLED television storms Nigerian market
Samsung on Monday launched its newest and smartest television, the Samsung QLED Television 2018, into the Nigerian market. Olumide Olakotan,...
NSE: Market indicators sway southward by 0.18%
Activities on the Nigerian Stock Exchange (NSE) opened on Monday on a negative note, again. The crucial market indices slipped...
FIRS generates N4.3trn tax revenue in 10 months
The Federal Inland Revenue Service (FIRS), on Friday, said it generated N4.3 trillion as tax revenue between January and October...
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