All the major economic news from Nigeria in 5 minutes-16/8/2017

All the major economic news from Nigeria in 5 minutes-16/8/2017

Summary of the top business economic and political news in Nigeria today. Director- General...


Gas shortage cut cement manufacturers output capacity by 36%

Gas shortage cut cement manufacturers output capacity by 36%

The Cement Manufacturer Association of Nigeria (CMAN) said the shortage in gas supply has...


SEC DG confirms it is in discussions with MTN about its listing

SEC DG confirms it is in discussions with MTN about its listing

Director- General of the Securities and Exchange Commission (SEC)  Munir Gwarzo has confirmed that...


Nigerian Stocks: Summary Of Trading (16/08/2017)

Nigerian Stocks: Summary Of Trading (16/08/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 16th August...


Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries Limited to sell 800 million shares in Dangote Cement  

Dangote Industries limited (DIL) has signalled interest in selling another stake in Dangote Cement...


Dear Adeosun, please drop the dollar treasury bills refinancing idea, do this instead.

Dear Adeosun, please drop the dollar treasury bills refinancing idea, do this instead.

Last week, the Finance Minister, Kemi Adeosun announced that the Federal Executive Council had...



Explained: This is why Micro Finance banks are skeptical about giving loans to businesses

Explained: This is why Micro Finance banks are skeptical about giving loans to businesses

In a recent discussion with journalists in Abuja, the President of the Micro Finance...


Benin and Niger Republic pay $152 million as part settlement for power supplied by Nigeria

Benin and Niger Republic pay $152 million as part settlement for power supplied by Nigeria

The Republics of Benin and Niger have paid $159 million as part settlement for...


CBN pumps fresh $364million into inter-bank Forex market

CBN pumps fresh $364million into inter-bank Forex market

The Acting Director of Corporate Communications, Central Bank of Nigeria (CBN), Mr Isaac Okorafor...


SEC says these fundamentals justify current bullish trend in the Nigerian stock market

SEC says these fundamentals justify current bullish trend in the Nigerian stock market

The recent OCE Policy Brief issued by the Securities and Exchange Commission shows that...


Staco Insurance profit after tax falls to N202 million in H1 2017

Staco Insurance profit after tax falls to N202 million in H1 2017

Staco Insurance Plc Profit After Tax fell from N240 million in Q1 2017 to...


7 Things Nigerian Students Can Do While ASUU is On Strike

7 Things Nigerian Students Can Do While ASUU is On Strike

It has been a few years since students in Nigerians had to deal with...


Nigerian telecoms sector gained $68 billion over the last 16 years

Nigerian telecoms sector gained $68 billion over the last 16 years

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has...


ADB, IDB, EU Others lend Nigeria $1.55 billion for power sector

ADB, IDB, EU Others lend Nigeria $1.55 billion for power sector

The Transmission Company of Nigeria has received  a $1.55 billion loan from a consortium...


Nigeria now produces 15million Tonnes of local rice

Nigeria now produces 15million Tonnes of local rice

The Director of Agriculture at the Kano office of the Federal Ministry of Agriculture,...


How GTB posted record N84 billion half year profits despite lending less money

How GTB posted record N84 billion half year profits despite lending less money

When the MD/CEO of Guaranty Trust Bank, Nigeria’s largest bank by market capitalization, Segun...


This data shows only N319 billion raised via IPO in Nigeria since 1999

This data shows only N319 billion raised via IPO in Nigeria since 1999

Data from the Security and Exchange Commission show Nigerian corporates have only been able...


All the major economic news from Nigeria in 5 minutes-15/8/2017

All the major economic news from Nigeria in 5 minutes-15/8/2017

Summary of the top business, economic and political news in Nigeria today. Shell Petroleum...


Federal Government to raise N135 billion bonds next week

Federal Government to raise N135 billion bonds next week

The Federal Government is to raise N135 billion in bonds next week according to...


ALERT: GT Bank reports N84 billion profit (2017 HY)

ALERT: GT Bank reports N84 billion profit (2017 HY)

Gt Bank released its interim financial results for the period ended 30 June 2017...


Nigerian Stocks: Summary Of Trading (15/08/2017)

Nigerian Stocks: Summary Of Trading (15/08/2017)

Daily performance of the Nigerian Stock Exchange for the trading day ended 15th August...


First Bank appoints Executive Director for FBN Bank UK Limited

First Bank appoints Executive Director for FBN Bank UK Limited

First Bank of Nigeria Limited has appointed Mr. Tosin Adewuyi as a Group Executive of...


Pan ocean says 160,000 bpd  Amukpe-Escravos pipeline will be ready by September

Pan ocean says 160,000 bpd  Amukpe-Escravos pipeline will be ready by September

Indigenous oil operator, Pan Ocean oil says its Amukpe-Escravos pipeline will be ready by...


This is the N7 trillion CBN debt no one seems to be talking about

This is the N7 trillion CBN debt no one seems to be talking about

The Central Bank of Nigeria has been attracting much kudos of late especially for...


States are free to generate and distribute energy, subject to NERC rules

States are free to generate and distribute energy, subject to NERC rules

State governments are free to generate and distribute their own power, subject rules by...


5 signs that show you are approaching a personal economic recession

5 signs that show you are approaching a personal economic recession

The economic recession that the country a little over a year ago has made...


These banks are set to write-off over $445m Seven Energy debt

These banks are set to write-off over $445m Seven Energy debt

Creditor banks to Seven energy may have to take provisions on a $445 million...


Nigeria now has capacity to fabricate FPSO Modules -Izomor

Nigeria now has capacity to fabricate FPSO Modules -Izomor

The Group Managing Director and Chief Executive Officer of MG Vowgas Limited, Mr Godwin...


Good news for consumers as Distribution Companies get N37 billion for meters

Good news for consumers as Distribution Companies get N37 billion for meters

Electricity consumers may have cause to rejoice soon as the Federal Government has provided...


Despite gaining over 60%, these 5 blue chip stocks are still undervalued   

Despite gaining over 60%, these 5 blue chip stocks are still undervalued  

The Nigerian Stock Market has maintained its bullish run which began after the CBN...