Oil prices hit highest level since 2014
Oil jumped to a seven-year high early on Tuesday, a day after Yemeni Houthis attacked targets in the United Arab…
High cost of cement will render most Nigerians homeless – Group
A group, Coalition of South East Youth Leaders, COSEYL, an umbrella body of all the youth groups in the South-East…
Govt cuts gas price to GenCos
The Federal Government is set to reduce electricity tariffs this year while improving the power supply. To achieve this, the…
Naira declines amid devaluation concerns
The Naira depreciated at the official and parallel markets amid growing concerns that oil revenue fluctuation and global monetary tightening…
Apple becomes first US company to reach $3 trillion valuation
Apple became the first US company to hit $3 trillion in market value, briefly reaching the landmark on Monday in the…
Customs generate N188.6bn at Onne Port in 2021 — Official
The Area two Command of Nigeria Customs Service in Onne Port has collected N188.6 billion from January to December 2021.…
Naira drops to N570/$1 at parallel market amid high FX demand
Nigerian naira weakened against the dollar at the parallel market to trade at N570 amid demand for the currency during…
There’s corruption in the system, says Remi Babalola in resignation letter to FBN Holdings
The former chairman of FBN Holdings, Remi Babalola, says he resigned from the company because of the ”corruption in the…
Remi Babalola resigns as chairman of FBN Holdings
Remi Babalola has resigned as chairman, board of directors of FBN Holdings, two days after the company confirmed significant investment…
NNPC records N141bn trading surplus in June – up from N37bn in May
The Nigerian National Petroleum Company (NNPC) Limited says it recorded N141.96 billion in June, a 278 percent increase from…
FBNH: Otedola’s majority shareholding’ll resolve leadership issues — Shareholders
Shareholders of FBN Holdings Plc have expressed optimism that the acquisition of additional shares of the company by billionaire businessman, Femi…
Emirates To Suspend Nigeria Flights From December 13
Emirates Airline on Friday said it was suspending all its flights between Nigeria and Dubai from December 13. The airline’s…
Nigerians to pay 7.5% VAT on Facebook ads from January
Facebook says Nigerians will pay 7.5 per cent value-added tax (VAT) on all ad placements from January 1, 2022. The…
How to buy MTN shares for N3,380 in 10 easy steps on your phone
In May 2019, MTN Nigeria (MTNN) was listed on the Nigeria Stock Exchange (NSE), immediately adding over N1.8 trillion to…
MTN offers free shares, 575m shares at N169 per share
MTN Nigeria on Tuesday announced a public offer of 575 million shares at N169 per share with effect from Dec.1.…