In order to boost lending to the economy real sector, the Central Bank of Nigeria (CBN) has mandated Deposit Money Banks to lend out 60% of their deposits.
Thirty-eight stockbroking firms have been expelled by @nsenigeria in the last six months. This takes the total number of firms expelled in the past 2-years to 120, new report have shown.
Outsource Global has won the Service Exporting Company of the Year Award.
For years, there have been disagreements between domestic airline operators and the Federal Government over the supposed self-inflated Bilateral Air Services Agreement with foreign countries. The announcement of Air Peace as Nigeria's flag carrier on Lagos-Dubai air route revived the campaign to restrict foreign airlines' operation.
On Saturday the 6th of June, the Zone Tech Park at Gbadaga, Lagos, played host to the inaugural product launch from Hollaport Technologies Ltd.
Nigerian Bottling Company (NBC) has reacted to the directive issued by the National Agency for Food and Drug Administration and Control (NAFDAC) to recall the company's packaged bottled water 'Eva'.
The employees of electricity companies in Nigeria have warned against the system of outsourcing work which they claim exposes electricity workers to enslavement by local and multinational companies operating within the country.
@Groupe_Renault plans to re-enter the Nigerian car market, and to ease its entry, the company has signed an agreement with Coscharis. Find out why this may not be a very good development for @innosonvehicles.
The desire of FirstBank is to scale up the empowerment to 500 widows before the end of the year with its SPARK initiative.
Nigerian Bottling Company Limited may have to recall batches of already circulated bottles of 75cl Eva Premium Table Water as directed by the National Agency for Food and Drug Administration and Control (NAFDAC).
The fight against multiple taxations in the Nigerian telecommunications industry has received a boost from the Nigerian Communications Commission (NCC) after the regulator condemned the tax system by State Governments.
One of Africa's biggest and most valuable companies, Naspers, recently appointed a female Chief Executive Officer, the first in the history of the company.
The Chief Operating Officer of @MTNNG, @Mazen_Mroue, has advised investors interested in establishing business in Nigeria on necessary steps to take in order to avoid pitfall in Africa's largest economy after MTN experienced its share of the hostile business environment within the country.
Advans La Fayette Microfinance Bank has extended its footprint to Lagos, as it opened it first branch in Nigeria's commercial hub.
The Chief Executive Officer of First Bank of Nigeria Limited, Dr. Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around them irrespective of class, race or circumstance.
Leading indigenous Oil and Gas engineering, procurement, construction, and Commissioning (EPCC) Company, Nestoil Group, has demanded that the Federal Government grant full liberty to oil and gas firms to operate a free market system in the industry.
All things being equal, the shareholders of Conoil Plc will get a dividend payment of N2 per share for the 2018 full year soon,...
@nsenigeria has addressed the reason Airtel Africa, parent company of @AirtelNigeria was issued a waiver despite not meeting the shareholders' requirement needed to list for an Initial Public Offering (IPO) on Nigeria's bourse. The listing holds July 5, 2019.
On Wednesday, July 3, 2019, First City Monument Bank (FCMB) opened a new ultra-modern branch in Ile-Ife, Osun State. The new branch is located at 3, Akarabata Layout (along Lagere Road), Ile-Ife.
Shareholders of @maybakernigeria have approved a dividend payment of N345.04 million for the financial year ended 31st December 2018.
Nigerian entrepreneur and philanthropist Tony Elumelu have shared what inspired him to start The Tony Elumelu Foundation
Stanbic IBTC reinforces financing advisory, stockbroking and trustees credentials in the acquisition of Forte...
@stanbicibtc has leveraged its deep financial services knowledge and expertise in successfully supporting the acquisition of a majority stake in @ForteOilNg by Prudent Energy and Services Limited.
The Lagos State Internal Revenue Service (LIRS), on Wednesday, shut down the premises of Debonairs Pizza and thirteen other companies (including several hospitality firms), over alleged failure to fulfill tax obligations.
Airtel Nigeria was unable to attract up to 300 institutional investors, a minimum pre-listing requirement it needed to meet in order to become listed on the Nigerian Stock Exchange.
@myaccessbank has opened its window of disbursing loans to beneficiaries, under the Creative Industry Financing Initiative (CIFI) of the CBN.
With the way some Uber customers keep abusing the company's policy, it is time the Uber ban for passengers should be activated to help curtail bad behavior from customers.
@aiteogrp has disclosed plans to boost its oil and gas natural production capacity with $5 billion investment.