The Speaker, House of Representatives, Yakubu Dogara has said that appropriate sanctions against operators who commit infractions would go a long way in restoring investor confidence in nation’s capital market He therefore promised that the parliament would strengthen capital market laws to empower regulators to...

The growing importance of social media platforms and apps as well as Internet voice applications has hit telecommunications firms hard, claiming a chunk of their revenue. The telecommunications industry in Nigeria, Africa’s largest economy, is projected to lose a total of N109tn ($386bn) in voice...

The Federal Government has so far released the sum of N253bn out of the N350bn set aside for capital projects in the first and second quarters of 2016. Investigations by our correspondent  in Abuja showed that the amount was disbursed in three tranches to the...

The nation’s interbank lending rate has risen by 10 per cent, data from the FMDQ OTC website have shown. The overnight rate rose sharply week-on-week to 15 per cent last Friday, from five per cent a week ago. It was learnt that the development came after...

Should the ongoing strike embarked upon by the Petroleum and Natural Gas Senior Staff Association of Nigeria be allowed to linger beyond Wednesday, most depots in Apapa, Lagos, will run out of fuel stock. Following the commencement of the strike last Thursday, loading at Apapa...

Despite the economic crunch of 2015, the total advertising spend in the country rose to N97.9bn last year, according to the 2015 Mediafacts, which was released on Thursday. Mediafacts is a key media resource for marketing professionals in West and Central Africa, which is produced...