Business

Nigerian equities charged further yesterday to their sixth consecutive positive trading session, chalking up N402.6 billion to push net capital gains for…

Power distribution companies (DisCos) have shown the Nigerian Electricity Regulatory Commission reasons why their licences should not be cancelled by the regulator.On November 6, 2019, The PUNCH reported a…

As the Central Bank of Nigeria (CBN) continues to compel Banks to boost their credit to the real sector of the economy, analysis of data…

Aliko Dangote, Africa’s richest man, plans to take office space in Big Apple New York to help diversify his investments and avoid the risk of currency fluctuations on…

The Central Bank of Nigeria (CBN) says the minimum loan to deposit ratio for commercial banks would remain at 65% in…

Award-winning fin-tech start-up, Xpress Payment Solutions Limited, said it has processed transactions in excess of N140 billion through its…

Segun Agbaje, the chief executive officer of Guaranty Trust Bank, says the economy may record better short-term growth if subsidies on fuel and…

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.Currently, all companies are expected to pay the…

Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1.Speaking through their umbrella body, Association of Nigerian Electricity Distributors,…

Oil prices surged, gold hit a more than six-year high and most equities tumbled Monday after the US assassination last week of a top Iranian…

Nigeria, Africa’s biggest crude exporter, yesterday, recorded $15.642 million trading surplus in one day as oil, its biggest revenue earner, continued its spike by trading at a new high of $67.48…

• Blame Nigeria For Dithering On Decision• ‘Most ECOWAS Central Banks Have Not Audited Accounts In Four Years’Economic experts have cautioned Nigerians holding the bated breath and anxiously waiting…

Some banks have commenced the implementation of the reduced bank charges as instructed by the regulator, the Central Bank of Nigeria, with effect from January 2020.While some banks have notified their…

A report by the Nigerian Commission (NCC) has shown that 22.3 million telecom consumers have activated the do-not-disturb (DND) service on their telephone lines.…

MTN said it has sold assets worth R14 billion in 2019. The sales come as part of MTN’s Asset Realisation Programme (ARP), which it announced in…

…Worth $14.8bn, only African on top 100 world richest   African richest man Aliko Dangote has significantly moved up in the World billionaires’ list…

The Central Bank of Nigeria (CBN) has released the  Purchasing Managers’ Index (PMI) for December 2019 showing  rapid expansion in the manufacturing sector…

Bank customers across Nigerians yesterday enjoyed the new cut in bank charges for cash withdrawals and electronic transfers, Daily Trust reports.The CBN had on December 20, 2019 slashed bank charges across…

Airbus has toppled embattled Boeing to become the world’s largest planemaker for the first time since 2011 after delivering a forecast-beating 863 aircraft…

The Nigerian National Petroleum Corporation (NNPC) recorded a trading surplus of ₦13.23billion in October 2019. This represented an increase of 54 per…

The Federal Government has ordered power distribution companies to migrate to cashless settlement platforms with respect to the collection of electricity bills from residential, industrial and commercial…

Oil prices edged lower on the last trading day of the decade on Tuesday. It is however still on track for monthly and annual gains, supported…

The Federal Government on Tuesday said Nigerians in the Diaspora remitted approximately $25 billion into…

After settling well into marital life, Mohammed, billionaire Aliko Dangote’s nephew, is also finding his feet in the international oil industry. The young man, whose…