Business

Reps Pledge Support For Dangote Refinery   The House of Representatives Committee on Local Content has said the National Assembly will provide support to ensure the...

February 2020 FGN Bond Auction Oversubscribed  The February 2020 FGN Bond Auction by Debt Management Office (DMO) which took place on Wednesday, February 19, 2020,...

Nigeria’s Oil Reserves’ll Be Depleted In 49 Years – DPR   The nation’s crude oil reserves of 37 billion barrels, two per cent of which is...

12 States Miss Out of  $4.5m World Bank Transparency Programme. The World Bank has said 12 states missed out of its $4.5 million (N1.37 billion)  State...

Fed Govt Seeks Foreign Investors For Methanol Fuel     The Minister of Science and Technology, Dr. Ogbonnaya Onu, has urged the international community to invest in...

Delta Air To Commit $1bn On Carbon Emissions Reduction, Sustainability   United States carrier, Delta Air Lines, says starting March 1, 2020, it will be committing...

Continued Border Closure Not Sustainable, MAN Says   The Manufacturers Association of Nigeria has said that the continued closure of the country’s land borders is unsustainable...

Stock Market Ends Lower, Records N12bn Loss   Trading on the Nigerian Stock Exchange closed on a negative note on Tuesday following the extension of downtrend...

Nigeria Loses $750m to Oil Theft in 2019 – NNPC The Nigerian National Petroleum Corporation (NNPC) has disclosed that the nation lost about $750 million...

Customs Intercept Over 500 bags of Smuggled Rice in Ogun …. As Smugglers Rain Bullets at Customs-Army Patrol Team Officers and Men of Nigeria Customs Service...

Stanbic IBTC Establishes N300bn Bond Programme For Afreximbank   Stanbic IBTC Capital Limited, a subsidiary of the Stanbic IBTC Holdings Plc has established a N300 billion...

Ship Registry: Nigeria to Commence Online Registration In a bid to have a world-class Ship Registry and enhance the Ease of Doing Business in the...

Stock Market Down By N96bn On Sale Pressure   Activities on the Nigerian bourse sustained previous negative sentiments by extending the downtrend to three consecutive trading...

ICT Sector on Stock Exchange Grew By N3trn In 2019, the Information Communications Technology (ICT) sector on the Nigerian Stock Exchange (NSE) grew by N3.01...

CBN, Firms Move To Establish Milk Processing Plants   The Central Bank of Nigeria on Monday started the process of assisting dairy companies to set up...

Ikeja Disco To Up Tariffs By 50% From April 1   Ikeja Electric Plc says its tariffs will go up by 50 per cent beginning from...

Nigeria's Inflation Rate hits 12.13% in January 2020 The consumer price index, (CPI) which measures inflation increased by 12.13 percent (year-on-year) in January 2020. This is...

NNPC, JV Partners Disburse $360million for Ogoni Clean-up The Nigerian National Petroleum Corporation (NNPC) and its Joint Venture Partners of Shell Petroleum Development Company (SPDC),...

DPR Hands Over Revoked OML 98 Oil Asset To NNPC   The Department of Petroleum Resources (DPR) on Friday handed over operatorship of Oil Mining Licence...

Investor Protection Key To Market Development- SEC Investor protection has been identified as one of the cardinal points of market regulation that contributes to deepening...