International rating agency, Moody's said Nigeria's credit profile currently at B2 stable is constrained by the sovereign balance sheet's
The Manufacturers Association of Nigeria, MAN, said the manufacturing sector witnessed increased investment inflow during the first six months of 2018 compared to the same period last year.
Zenith Bank Plc has announced the retirement of Alhaji Baba Tela as its Non-Executive Director.
In its bid to facilitate the growth of Intra-Africa trade and support the development of African businesses, Afrexim has signed financing facilities totaling US$600 million
Oil marketers suspend planned strike, gives FG 5-day ultimatum to pay debts
Lotus Capital is a Nigerian pioneer in the emerging financial niche of Islamic finance with a unique equitable interest-free solution.
One Finance Limited (OneFi) today announces that is has been assigned a “BB” rating with a Stable outlook, from Global Credit Rating Co
VFD Group Limited recently held its 2nd AGM in Lagos, during which the board of directors obtained shareholders' approval to raise capital for expansion purposes.
Former chairman of the defunct Skye Bank, Tunde Ayeni was reportedly quizzed by the Economic and Financial Crimes Commission (EFCC) today, and the commission could...
Energia, Oando JV Deliver Multibillion Naira Infrastructural Projects to Host Communities in Delta State
Oando Energy Resources, (a subsidiary of Oando PLC) one of Nigeria’s leading indigenous oil producers and Energia Limited, the Operator of their Joint Venture - Ebendo/Obodeti Marginal Field (OML 56), on Monday December 3, 2018, commissioned and handed over multi-billion Naira infrastructural projects
Axxela Diversifies Gas Markets; Signs Gas Transportation Agreement with West African Gas Pipeline Company...
Axxela Limited (“Axxela”), sub-Saharan Africa’s preferred fast-growing gas & power portfolio company, has signed a Gas Transportation Agreement (GTA) with the West African Gas Pipeline Company Ltd. (WAPCo) to transport over 15 million standard cubic feet per day (“mmscf/d”) of natural gas via the West African Gas Pipeline (WAGP) to Lome, Togo.
The Central Bank of Nigeria (CBN) Governor Godwin Emefiele, made good his threat to add other items to the list of those banned from the official exchange market.
French President, Emmanuel Macron announced that the minimum wage in the country would be increased by €100 starting early 2019.
Logistics startup, Kobo360, has raised a $6 million equity investment led by the International Finance Corporation (IFC) with participation from others including Silicon Valley investors WTI
The Central Bank of Nigeria (CBN) in a circular ‘Inclusion of some imported goods and services on the list of items not valid for forex in the Nigerian forex market.’
Nigeria's military spending rose by a whopping 2,138% for the third quarter of 2018, one of the highest seen in recent years. This was contained...
First Bank of Nigeria Limited has expressed its commitment to the growth of the agricultural value chain and creating opportunities for the Small and Medium Enterprises (SMEs) to thrive in the country.
Over the weekend, the Central Bank of Nigeria, CBN, announced Access Bank Plc as Nigeria's most sustainable bank of the year.
Morufu Apampa no longer SUNU MD
The performance of the Nigerian Equity Market remained bearish last week with the index (NSE ASI) down by 0.02% WTD to close at an...
Customers' of UK second largest mobile operator, O2 mobile, were recently hit by a huge data outage lasting more than two days last week.
A Court of Appeal sitting in Port Harcourt has nullified the three-month jail sentence imposed on the Managing Director of the Shell Petroleum Development Company of...
The Securities and Exchange Commission has its regulatory framework which now prohibits stockbrokers from engaging in any form of guaranteed investments
CBN addresses interest rates on loans
Nigerians to struggle for fuel during yuletide
Nigeria’s largest flour-milling company, Flour Mills of Nigeria Plc, has listed two bonds on the Nigerian Stock Exchange (NSE) and the FMDQ OTC Securities Exchange.