Amaechi has explained that Nigeria Air was suspended because FEC members were divided on the modalities for its establishment.
The Central Bank of Nigeria (CBN) injected the sum of US$11.81 billion in the first quarter (Q1) of 2019. This was revealed in the CBN Quarterly Economic Report.
There were wild media reports, late Friday night, purporting that the Economic and Financial Crimes Commission (@officialEFCC) raided the head office of @MTNNG. This might be wrong.
The Nigerian Stock Exchange ended Friday's trading session in negative territory. The All Share Index closed at 30, 881.29 basis points, down 1.89%.
Governor Godwin Emefiele of the Central Bank of Nigeria (CBN), has charged private sector operators to look inwards and figure out how best to develop the country's economy.
First City Monument Bank (FCMB) has rewarded another set of its Small and Medium Scale Enterprises (SMEs) customers in Season 2 of the Bank’s reward scheme tagged “FCMB SME Race to China Promo”.
@OldMutualLtd, the parent company of @OldMutual_NG, has suspended its Chief Executive Officer, Peter Moyo (@Mtheera) with immediate effect.
The Federal Government has approved $2.3 billion for the construction of a rail line that will run across Nigeria's coastal states.
NASCON’s Q1:2019 financial result showed some marginal improvement as its revenue grew by 0.77% to N6.82 billion relative to N6.78bn in Q1:2018.
Nigeria lost revenue worth N4.61 trillion in two years due to the non-implementation of the Import Duty Exemption Certificate portal. The disclosure was made by the Minister of @FinMinNigeriae, Mrs. Zianab Ahmed
@veritaskapital has released its consolidated and separate financial statements for the year ended December 31, 2018, posting a 40% increase in its gross premium.
The Nigerian Stock Exchange lost N41 billion in April as a result of the activities of foreign investors trying to recoup their investments.
In a bid to increase the number of quoted companies in the capital market, the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission (SEC), have disclosed their commitments to ease the listing process.
Mr. Jaceques Liao, the Executive Director of China Civil Engineering Construction Corporation, recently assured that the Lagos-Ibadan rail project that is currently ongoing will be completed by April 2020.
As the Ramadan season gradually comes to an end, some households in Lagos and elsewhere may find it difficult to celebrate because the prices of some food items keep increasing.
Dangote Cement Plc has announced that it will be raising N50 billion in the fifth, sixth, and seventh series of its N150 billion Commercial Paper (CP) programme.
Total Exploration and Production Nigeria (TEPNG) has been directed to refund $592 million to the Federal Government. @HouseNGR gave the directive after an investigation was made into the budget of certain projects.
Bavura Holdings, which is linked to Nigerian billionaire and founder of Aiteo Group, Benedict Peters, has been awarded a concession to explore/mine platinum in Zimbabwe.
Vitafoam Nigeria Plc's share price attained a 3-year high on Wednesday, thanks to the significantly-positive half-year 2019 results posted by the mattress-maker.
The Nigerian Communications Commission (NCC) has disbursed over N100 million to some Nigerian Universities to carry out research in telecommunications and Information Communication Technology (ICT).
Over $1 billion has been lost to Micro, Small, and Medium Enterprises-related corruption in the last five years, a new report has shown. Some of the corruption-prone schemes include constituency projects and @cenbank development fund.
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The President, Association of Bureaux De Change Operators of Nigeria (ABCON), Dr. Aminu Gwadabe has disclosed that the on-going trade war between two of the world's largest economy, the United States and China, is playing to Nigeria's advantage.
The Nigerian Stock Exchange ended Thursday's trading session in positive territory. The All Share Index closed at 31,477.51 basis points, up 1.07%.
The United Kingdom continues to demonstrate its commitment to ‘doing better business’ on the African continent with the inaugural edition of the UK-West Africa Agritech Summit organised by the UK Department for International Trade.
The Federation Account Allocation Committee (FAAC) disbursed the sum of N617.57 billion to the three tiers of government in April 2019, according to the FAAC report released by @nigerianstat
@abinbev has estimated the total investment it has made in its new brewery in Sagamu, Nigeria, to be up to about $400 milion.
The federal government is currently in search of foreign investors and financiers to fund infrastructure projects valued at $140 billion. Over $90 billion worth of investments have been announced since 2018 but are still being expected.
The president of the China Chambers of Commerce in Nigeria, Mr. Ye Shuijin, recently disclosed that the total investments of Chinese companies in the country have reached $20bn.