Business

The central parity rate of the Chinese currency renminbi, or the yuan, weakened 36 pips to 6.4691 against the U.S....

The Federal Executive Council (FEC) has approved the acquisition of 20 per cent minority stakes by the Nigerian National Petroleum...

MTN is yet to renew its Universal Access Service Licence (UASL), the Nigerian Communications Commission (NCC) has said. This is...

The Debt Management Office (DMO), on Monday, offered additional Federal Government  bonds for subscription at N1,000 per unit, according to...

The Central Bank of Nigeria (CBN) has assured bank customers that it would monitor commercial banks to ensure legitimate Foreign...

The Nigerian stock market opened trading for the month of August on Monday with a growth of N30 billion. Speficially,...

Nigeria has left the Maritime Organisation for West and Central Africa (MOWCA). This is contained in a statement by the...

The Nigerian National Petroleum Corporation (NNPC) says it made total revenue of N2.129 trillion from the sales of petroleum products...

Global energy firm Shell has announced the appointment of Mrs Elohor Aiboni, as the Managing Director of its Nigeria deep-water...

Dangote Cement has posted a Profit After Tax (PAT) of N191.6 billion, after a tax charge of N89.6 billion in...

Transcorp Hotels Plc has announced its un-audited financial statements for the half year ended June 30, 2021. The results, published...

The Nigerian Communications Commission has set up an annual operating regulatory levy to ensure that all licencees are properly and...

The Central Bank of Nigeria (CBN) on Thursday said it would start immediate refund of capital deposit to Bureaux de...

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches...

In a rare act of courage, the Central Bank of Nigeria, CBN, recently announced immediate discontinuation of sale of Foreign...

The Federal Government, on Thursday, reviewed downward the price of gas-to-power from $2.50/mmbtu to $2.18/mmbtu for domestic supply obligation (DSO)....

Bitcoin broke above $40,000 on Wednesday and headed for another attempt at breaking from its months-long range as short-sellers bailed...

Sentiments on the domestic bourse turned negative on Tuesday to halt the five consecutive days of gains, as the Central...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday, retained the Monetary Policy Ratio at...

The Central Bank of Nigeria (CBN) has announced immediate discontinuation of sale of Foreign Exchange (forex) to Bureau de Change...