Business

NSE Rebounds As 18 Firms Gain N19bn The equities market opened the week on a positive note as gains in Dangote Flour Mills Plc and...

The Initiative for Public Policy Analysis(IPPA), a Non-Governmental Organization(NGO) has called on the Federal Government to enforce its laws on tobacco production, marketing and...

The Federal Government has admitted that the backlog of contractual debts and outstanding welfare issues like pensions valued at N2.7 trillion contributed the worsened...

Dangote Pledges 53% Of Refinery Capacity To Petrol Production   The Dangote Group says upon completion of its refinery, it will dedicate 53 per cent of...

$175m Agric Programme Created 288,615 Jobs, FG Says The Federal Government on Tuesday announced that the first phase of its $175m Agricultural Transformation Agenda Support...

Banks Release N77.4bn For Agric Projects The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has facilitated the release of a total of N77.4bn from...

Finally, Shell Remove Majeure On Bonny Light Ports   Royal Dutch Shell has lifted the force majeure in place on exports of a major Nigerian grade,...

Popular money-doubling scheme, Mavrodi Mundial Moneybox (MMM), has placed one month ban on all withdrawals starting from Dec. 13. A letter displayed on the page...

Shehu Sani, 2 Others block El-Rufai’s $350m loan request The three senators from Kaduna state, led by Shehu Sani on Thursday blocked the approval for...

Agriculture: AfDB, FAO To Raise $100m For Nigeria, Others The African Development Bank and Food and Agricultural Organisation are set to raise $100m for agriculture...

Dakuku Woos Global Maritime on Africa Investment The Director General of the Nigerian Maritime Administration and Safety Agency, NIMASA, Dr. Dakuku Peterside has charged foreign...

Investors Dump Airtel, Zenith Shares, After Losing N81bn The nation’s equities market closed in the red on Tuesday as the All Share Index shed 0.61...

MTN has made a payment of N30 billion ($98 million) to the Nigerian government in part settlement of a N330 billion fine imposed on...

CBN’s Examination Shows Breach Of Rules By BDC Operators   Despite the increasing awareness and reforms in the Bureau De Change (BDC) sub-sector, a significant number...

NSE Expels 38 Stockbroking Firms The Nigerian Stock Exchange (NSE) has expelled 38 stockbroking firms from the capital market. Regulatory documents obtained by our correspondent during...

Aliko Dangote Foundation Engages 54gene Laboratory to Conduct 1,000 COVID-19 Test per Day in Kano The Aliko Dangote Foundation (ADF), a philanthropic endeavor of Aliko...

Nigeria Targets 7% Growth in Next 3 Years- Adeosun Nigeria’s Finance Minister, Mrs. Kemi Adeosun, has disclosed that the country’s economic outlook for the year...

NIMASA Clamps Down on Vessels over Non-Compliance with Cabotage Law After several warnings the Nigerian Maritime Administration and Safety Agency(NIMASA) has commenced clampdown on vessels...

Global oil benchmark, Brent crude, hit an eight-week high yesterday as the world’s biggest producers prepared to discuss a possible freeze in production levels. Brent,...

200,000bpd NNPC Condensate Refineries Underway The Nigerian National Petroleum Corporation will establish two condensate refineries with a total refining capacity of 200,000 barrels per day...