Business News

Business and economic news from Nigeria and around the world.

May and Baker lists additional shares on the NSE

Rights Issue earns May & Baker a step closer to expansion

January 28, 2019

May & Baker Nigeria Plc has earned N1.86 billion from Rights Issue after the Nigeria Stock Exchange (NSE) listed additional...

Nigeria bonds declines ahead of S&P credit rating review

Business News

AMCON recovered N1 trillion from debtors -FG discloses

by Damilare Famuyiwa

January 28, 2019

Minister of Finance, Zainab Ahmed has disclosed that Asset Management Corporation of Nigeria (AMCON) has recovered N1 trillion from debtors...

Business News

NCC will meet officials in Kogi over MTN’s facility shutdown

by Emmanuel Abara Benson

January 28, 2019

The Nigerian Communications Commission (NCC) has made known its determination to ensure that the latest dispute involving MTN Nigeria is...

Business News

ABCON seeks restoration of self-regulatory status

by Damilare Famuyiwa

January 28, 2019

ABCON releases Economic Review for 2018 Q4

Nigerian Stock Exchange, NSE lifts suspension on Lasaco Assurance, NSE suspend companies, NSE lift suspension, NSE lift suspension on Conoil, Conoil and SEC, Ellah Lakes appoints new Managing Director, Ellah Lakes appoints Chuka Mordi, Ellah Lakes acquires Telluria Limited, Nigerian Stock Exchange NSE, NSE X Compliance report, Great Nigeria Insurance, Nigeria Stock Exchange, Delisting, VAT

Business News

NSE delists Great Nigeria Insurance

by Fakoyejo Olalekan

January 28, 2019

Great Nigeria Insurance Plc has voluntarily delisted from the Nigerian Stock Exchange, the Head, Listings Regulation Department, NSE, Godstime Iwenekhai notified...

South African Airways, Africa World Airlines, Interline agreement, Codeshare

Business News

Nigerians to benefit from SAA/Africa-World partnership

by Fakoyejo Olalekan

January 27, 2019

South African Airways (SAA) and Africa World Airlines have signed a partnership deal to offer Nigerian travellers one-flight ticket to...

Zainab Ahmed, Pres. Buhari to review Finance Bill, tax reform yearly to finance budget , FG to raise $219 million from sales of power firms

Politics

Delta State led FAAC allocations for states in 2018

by Onome Ohwovoriole

January 27, 2019

The 36 states in Nigeria shared a total of N2.5 trillion for the 12 months January to December 2018. This...

Business News

Dangote, Lafarge, 4 others to implement Buhari’s Executive Order 7

by Damilare Famuyiwa

January 26, 2019

President Muhammadu Buhari has signed an Executive Order 007, known as 'Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme'....