Travis Kalanick founder of ride sharing app Uber, yesterday resigned from his post as Chief Executive Officer (CEO) of the company after core investors...

In yet another example of why Nigeria is a difficult place to do business, the Akwa Ibom state government through its Internal Revenue Service...

The Etisalat Nigeria saga has developed yet another twist, as a press release issued on the Abu Dhabi Stock Exchange confirms that Etisalat UAE...

In a notice sent yesterday to the Nigerian Stock Exchange (NSE), Julius Berger stated its intention of going into partnership with Petralon energy an...

Etisalat UAE, the largest shareholder in Nigeria’s third largest GSM Network, Etisalat Nigeria, may have discretely agreed to pull out of Nigeria. This was mainly...

The recent spate of rights issues and forex loans being converted into equity by multinational companies could leave minority shareholders roasted. Nigerian multinationals such...

At an event held last week in Lagos, the Central Bank of Nigeria (CBN) admonished the low access to bank credit by Nigerians. Factors...

Nairametrics investigations suggest billionaire investor and owner of Globacom, Mike Adenuga is now the single largest majority shareholder in Julius Berger Nigeria Plc. Our...

As part of measures to enhance liquidity and participation on the Nigerian Stock Exchange (NSE), it has decided to introduce Exchange Traded Derivatives (ETDs)...

The poor state of the educational system in the country, has once again brought to fore as the Nigerian Union of Teachers (NUT) has...

Central Bank Governor, Godwin Emefiele speaking at a hearing organized by the Senate, said the CBN was targeting 11% inflation rate by year end....

Acting President Professor Yemi Osinbanjo yesterday signed the 20117 budget into law. This was after President Muhammadu Buhari had instructed him to do so...

As part of its expansion plans, EFG Hermes, an Egyptian investment bank is considering acquiring a firm in Nigeria. Having solidified its operations in...

One of the top 5 major petroleum marketers, Forte oil has unveiled plans to raise N20 billion in equity from the stock market. While...

State governors owing salaries and pensions may have cause to smile as the Federal Government has released N516.38 billion as the second tranche of...

Reports from Nigeria’s local newspaper, Thisday suggest Ethiopian Airlines is in advanced negotiations with the Asset Management Company of Nigeria to take over nationalised...

The Central Bank of Nigeria (CBN) spent 30% of the country’s​ foreign exchange earnings on importing petroleum products in 2016. Minister of state for...

Nigeria’s second largest cement producer, Lafarge Africa is making efforts to run its plants on renewable energy in the next 5 years. Legal director...

Nigeria’s richest man, Aliko Dangote has continued with the expansion of Dangote Cement across the continent. The company’s 1.5 million tonne factory in the...

The Federal Government has recovered N11.6 billion through the efforts of 20 whistle blowers. Director of Information, in the Ministry of Finance, Salisu Dambatta disclosed this...

Worried by the high cost of food items in the state, the Akwa-Ibom state government has instructed traders to bring down the price of food items....

Minister of Communications, Adebayo Shittu on Wednesday inaugurated a 20 man committee on the establishment of an ICT university. As noble as this gesture is, the...

Barely a few weeks after Acting President Yemi Osinbanjo signed three executive orders to facilitate the ease of doing business in the country, the...

Unconfirmed reports suggest Globacom Chairman Mike Adenuga may be interested in acquiring Etisalat Nigeria. Etisalat is currently in negotiations with a consortium of banks...

Executive Chairman of the Anambra State Internal Revenue Service (AIRS) Mr Achike Emejulu recently said only 200,000 people pay tax on the state. For...

After a two year period of discussions, OAS helicopters has finally signed a partnership agreement with Abu Dhabi Aviation (ADA). The partnership will be...

Rebalancing  of the Morgan Stanley emerging market index could have a positive effect on the Nigerian Stock Exchange (NSE) this week. The All Share...

The effects of the recession were once again brought to the fore as the National Bureau of Statistics (NBS) yesterday released the fourth  quarter...

Independent petroleum marketer, NIPCO Plc has opened its Mandatory Takeover (MTO) for minority shares in Mobil Nigeria Plc. NIPCO, had in April this year,...

The intervention by the National Communications Commission (NCC) and the Central Bank of Nigeria (CBN) in negotiations between Etisalat Nigeria and the consortium of...