Business

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said replacing illegal refineries with modular refineries was part...

FMDQ OTC Securities Exchange recorded N13.42 trillion worth of transactions in fixed income and currency markets in March. This is...

  The Central Bank of Nigeria (CBN) on Monday, offered $246.2 million to authorised dealers at the forex auction in...

The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate)...

Two weeks after opening a special Forex window for Small and Medium Enterprises (SMEs), the  Central Bank of Nigeria (CBN)...

Transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a negative trend with the All-Share...

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, was on Friday elected the new Chairman and...

President Muhammadu Buhari has nominated Prof. James Momoh for the position of Chairman of the Nigerian Electricity Regulatory Commission (NERC)....

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of...

The Association of Power Generation Companies (APGC), says it has the capacity to generate 12,000 Mega Watts (MW) to reduce...

The Naira on Thursday strengthened against the dollar in all the major segments of the market. At the parallel market,...

Some blue chips recorded price losses on Thursday on the Nigerian Stock Exchange (NSE), forcing the market to close on...

First Bank of Nigeria Ltd,. on Thursday said that the bank would continue to revamp its mobile banking application, FirstMobile,...

Minister of Mines and Steel Development, Dr Kayode Fayemi, has briefed President Muhammadu Buhari on the $150 million loan obtained...

President Muhammadu Buhari has approved the appointment of Mr Abubakar Bello as the new Managing Director of the Nigeria Export-Import...

The Organisation of Petroleum Exporting Countries (OPEC) has said demand for oil around the world is expected to rise. OPEC...

Power generating stations comprising hydro and gas-fired plants in Nigeria released an average of 3,767MW/hour of power on April 19,...

Minister of Transportation, Mr Rotimi Amaechi, on Thursday said the Federal Government had approved a new maritime security infrastructure initiative...

President Muhammadu Buhari has described the rebranding of the Nigerian Maritime Administration and Safety Agency (NIMASA) as part of the...

Director-General of Nigerian Maritime Administration and Safety Agency, (NIMASA), Dr Dakuku Peterside, has called for concerted, cooperative and collaborative efforts...