Business News

Latest data on the central bank website on Tuesday showed that reserves fell to $32,661,641,916 as at Feb. 16, down 1.2 percent from $33,041,...

Mobil Nigeria Plc has revealed that the transfer of its shares to NIPCO Plc will soon be completed. The Managing Director of NIPCO, Mr. Venkataraman...

Our local market is that huge

The Central Bank of Nigeria (CBN) is scheduled to hold a Treasury Bills (T-Bills) Primary Market Auction (PMA) on 18th October, 2018.

AMCON is preparing to release another list of debtors.

Latest revision shows investment into Nigeria is picking up

Bloomberg just reported SABMiller Plc (SAB) has approached the owners of Heineken NV (HEIA) about an offer for the smaller brewer, to help defend...

The Banking Committee in Nigeria have threatened to withdraw from funding the payment of school fees abroad, Thisday reports. The Central Bank have pledge to...

The two-day National Economic Council (NEC) retreat at the conference hall of the Presidential Villa, has ended. The retreat was chaired by Vice President Yemi...

The American Business Council recently held an FMCG media parley at the American Guest Quarters, Lagos to rub minds with the media on how...

Guaranty Trust Bank Plc's Board of Directors has approved the appointment of Mr Jide Okuntola as an Executive Director in the tier-1 bank.

Nairametrics| Nigerians woke up on Thursday to the news of yet another gas explosion. This time it affected the Nigeria Liquefied Natural Gas Ltd (NLNG). According...

Nigeria is out of recession!!! Official report of the Second quarter 2017 GDP from the National Bureau of Statistics (NBS) show the Nigerian economy grew...

CCNN has announced a proposed merger with BUA Cement.

The bears returned to the Nigerian Stock Exchange as the All Share Index closed at 35,311.36 basis points, down 0.32%. Year to date, the...

CBN has released the list of banks operating in Nigeria, as at the 30th of September, 2018.

Oando Nigeria Plc announced plans to raise $300 million (N48,779,834,048) via a rights issue, starting from Nov. 24 and closing December 19 2014.  Shareholders who...

E-commerce firm Konga has reportedly downsized about 60% of its work force.  The company has also stopped the pay on delivery option and warehousing...

NCC has begun the process for the transfer of the license of Visafone Communications Limited to the new owner and digital mobile operator.

Unilever Nigeria Plc has released its financial results for the nine months ended 30 September 2018

CBN said the country's PMI continued to grow for the nineteenth consecutive month in October.

Nigeria's naira firmed more than 2 percent on the parallel market on Thursday as individuals sold dollars after a peaceful presidential poll in Africa's...

Most African currencies are likely to take a hit on the expected U.S. Federal Reserve rate hike. NIGERIA The naira should trade within the present range...

Nigeria, our beloved country is never short of stories to ponder on and argue about. When we think we have heard enough of one political, business,...

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN has revealed that the United Kingdom has given the final clearance for...

Caverton Helicopters, a subsidiary of Caverton Offshore Support Group Plc, has commenced its Chevron logistics support contract by taking the first official flights to...

The sum of $5.51 billion was the value of total capital imported into Nigeria in Q2 2018.

NLC Chairman, Ayuba Wabba criticizes the policy direction of the government, labeling it as ineffectual in solving the economic crisis and detrimental to the living conditions of the average worker.

Mrs Adeosun's resignation and the matter underlying it have continued to generate controversy in Nigeria.

  President Buhari made the above statement at the Economic retreat which began today in Abuja. He also posted the comments via his twitter handle.