By Marcel Okeke In its communique on January 25, 2022, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) bemoaned very loudly that...
Oil company confirms fire incident at offshore facility. The Management of Shebah Exploration and Production Company Ltd. (SEPCOL) has confirmed that there was a fire incident...
Nigerian external reserves dropped to $40.1 billion following the withdrawal of $400 million from the reserves by the Central Bank of Nigeria (CBN) in the...
Access Bank Plc has overtaken Zenith Bank as the most valuable banking brand in Nigeria, the latest 2022 top 500 global valuable banking brands index...
MTN Nigeria has given conditions for the allotment of the bonus shares promised to prospective investors that participated in the telecommunications public offer last...
LASG reviews roadworthiness certificate, introduces booking system. The Lagos State Government has introduced a Booking System to stem the surge recorded at some vehicle inspection centres....
Naira fell against the US dollar for the second day in a row on Wednesday with a 0.12% depreciation to close at N416.25/$1 compared to N415.75/$1...
Federal Inland Revenue Service (FIRS) announced that income tax applies to income derived by companies from bonds and short-term securities effective from 2nd January 2022. This...
Nigerian importers face tough decisions as the Nigerian currency continues its poor performance to the US dollars at official exchange markets. According to data from investors...
Ecobank Nigeria Ltd has dragged a Lagos businessman, Mr. Victor Osibodu and his company Vigeo limited before a Federal high court, in Lagos southwest Nigeria over...