The Buhari presidency has reacted to Nigeria’s Gross Domestic Product (GDP) for the fourth quarter of 2018. Read more

The federal government yesterday disclosed that it may no longer provide financial bailouts for power generation companies (Gencos) in Nigeria, Read more

FSDH Merchant Bank has advised the federal government to adjust the $60 per barrel budget benchmark for crude oil price, in view of forecast of lower crude oil price in 2019. Read more

A Federal High Court in Abuja has warned the Central Bank of Nigeria (CBN), the Nigerian Telecommunication Commission (NCC), and others involved in the transaction for the sale of troubled telecom firm, Etisalat (9mobile) against taking further steps to conclude the sale. Read more

ACTIVITIES on the equities market rebounded last week despite jitters in the political environment with investors recording N334 billion gains on their investment. Read more

he Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday stated that given that the inherent risks in granting loans to Micro Small and Medium Enterprises (MSMEs) , Read morehttps://allafrica.com/stories/201902120086.html

Lending institutions, especially banks, have registered interest on movable assets valued at N1.23 trillion, $1.14 billion and €6.08 million through 41,408 financing institutions, the Central Bank of Nigeria (CBN) said yesterday in Abuja. Read more

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday unveiled computerised crude oil and Liquefied Natural Gas (LNG) tracking, automatic downstream system and other automation initiatives. Read more

According to a new market research study titled “Network Security Firewall Market to 2026 – Global Analysis and Forecasts by Material Composition, Industries and End Products”, The report highlights the trends prevalent in the global Network Security Firewall Market and the factors driving the market along with those that act as deterrents to its growth. Read […]

The nation’s power grid recorded nearly 100 system collapses in five years and three months after the privatisation of the power sector. Read more

Sustained bargain hunting in bellwethers lifted the Nigerian Stock Exchange (NSE) All-Share Index by 0.16 per cent to close at 30,821.80 yesterday. Read more

Nigeria is set to achieve self sufficiency in tomato production in the next one year following the attainment of daily production of one million tomato nurseries. Read more

The speculation on whether Dangote refinery will sell its refined premium motor spirit on government-regulated price has been laid to rest. Read more

The Association of Bureaux de Change Operators of Nigeria (ABCON) yesterday demanded for higher transaction margins for Bureaux De Change (BDCs) as being practiced in other parts of the world. Read more

The Nigerian National Petroleum Corporation, NNPC, yesterday, announced a trading surplus of N2.06 billion for November 2018, as against the previous month’s deficit of N12.66 billion. Read more

Nigeria cannot overcome the hydra-headed regime of fuel subsidy on imported refined products without deregulating its downstream sector of the oil industry,petroleum marketers said in Lagos yesterday. Read more

Alhaji Aliko Dangote, the President of Dangote Group of Companies, during an inspection tour to Dangote Refinery facilities at the Lekki Free Zone in Lagos recently by Mr. Godwin Emefiele, Read more

At the early stage of the development intervention by the Central Bank of Nigeria (CBN), amid its novelty, was regarded by many as a waste of taxpayersí fund. Read more

The Securities and Exchange Commission has said the capital market needs initiatives that will help attract and retain investments. Read more

The weak earnings reports filed with the Nigerian Stock Exchange by some firms last week weighed on the equities market, pushing investors to sell off their shares and take profits, analysts have said. Read more