The House of Representatives Committee has received a money laundering petition against Sterling Bank, the Central Bank of Nigeria (CBN), and Shell Petroleum in Abuja. The petition was submitted to …
Equities investors gained about N498 billion on the Nigerian Exchange, NGX, as Transcorp Power, UBA, surged. The local bourse closed the week on a positive note as key performance indicators …
The bitcoin price tanked strongly on Friday due to sell pressures from retail investors in the cryptocurrency market. The latest bearish move halted the euphoria of Paul Atkins pick as …
BUA Group has signed an agreement with Starlinger & Co. Limited of Austria in a strategic move to expand into the production of high-quality packaging materials. In a statement, the …
The Federal Government is to establish an industrial revolution work group to place the manufacturing sector on the path of sustainable growth, create more jobs, and enhance economic growth and …
The Nigerian naira ended today downbeat, losing about 12% day on day despite forex market intervention. Despite FX sales to local banks, exchange rate has been walking in dark as …
The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to …
Debt Management Office offered higher spot rates on government bonds at the primary market auction conducted on Monday. Investors have been demanding higher rates on borrowing instruments due to inflation …
The Federal Government (FG) is partnering with the United Kingdom (UK) to establish a joint technical working group for the development of critical mineral deposits in the country. Dr Dele …
Nigeria’s top financial boutique, FCMB Plc posted triple earnings growth in the financial year 2023, according to the group’s unaudited financial statement submitted to the Nigerian Exchange. The stock market …