Twelve years after the last recapitalization exercise in insurance industry, NAICOM announced last week Monday that…
CBN injects $205m into forex market
The Central Bank of Nigeria, on Tuesday, injected the sum of $205m into the inter-bank foreign…
Stock market Sheds N303bn, as DANGCEM, MTN & Others see red, Monday
Following six straight sessions of rally, the Nigeria Stock Market on Monday closed all red, down by 303bn, dragged by…
ALEX proposes 850 kobo as Final Dividend in Full Year 2018
Aluminium Extrusion Industries Plc has finally proposed a final dividend of N8.50 to its shareolders after…
Unity Bank Refutes Allegation of Indebtedness
Unity Bank Plc has invalidated the allegation of N7bn indebtedness charged against it by the special…
CBN has no multiple exchange rates- Emefiele
The CBN Governor, Godwin Emefiele has said that those accusing the Central Bank of Nigeria (CBN)…
New minimum wage will be paid from April 18 –Ngige
The Minister of Labour and Employment, Dr Chris Ngige, has said the new minimum wage will…
President Buhari signs 2019 budget today
President Muhammadu Buhari will on Monday (today) give his assent to the 2019 appropriation bill. The…
SEC supports FG’s revenue generation initiative
The Securities and Exchange Commission has pledged to work with the steering committee for Project Lighthouse…
Wema Bank Expands Its Branch Network to Ilorin
As part of its strategic reach expansion, Wema Bank, Nigeria’s longest surviving indigenous bank, has launched…
Theresa May Will Step Down As Prime Minister
Theresa May has announced she will step down as Conservative Party leader on June 7 as…
FG loses N4.6tr to import waivers in two years
The Federal Government says it lost N4.6 trillion from waivers granted to importers in 2017 and…
SEC, NSE streamline process to encourage more listings
The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have moved to make…
NSE Corporate Challenge receives boost from Beta Glass, FCMB
The 6th edition of the Nigerian Stock Exchange (NSE) Corporate Challenge has received sponsorship boost from…
FG approves $2.3bn for coastal rail line development
The Federal Government has approved the sum of $2.3bn for the development of a coastal rail…
Nigerian Bourse gains, N146bn, closes 1.07% higher, Thursday
The Nigerian equities market for 6 straight trading days as been on the upward trend. So…
Omoluabi declares 3.7% Revenue boost, Nets N33mn in Q1 ’19
According to the 2019 Q1 scorecard of Omoluabi Mortgage Bank Plc, released to the market on…
We are long overdue for national fleet – NIMASA DG
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said…