Business

The Central Bank Governor, Mr. Godwin Emefiele, is to present the banking industry’s scorecard for 2020 at the 55th Annual Bankers Dinner organised by the Chartered Institute of Bankers of Nigeria (CIBN), on November...

Forex turnover dropped by 67.5%, as Nigeria’s exchange rate at the NAFEX window depreciated against the dollar to close at N385.83/$1 during intra-day trading on Friday, November 20. Also, the naira hit another new low as...

The Katsina State Government says it has disbursed N2billion as loan to 90,677 traders and small business owners in the state to boost economic activities. Mr. Abdulkadir Mohammed-Nasir, the Special Adviser to Gov. Aminu Masari...

Nigeria’s economy has slipped into another recession. The same happened in 2016, making it the second recession in a space of four years. This is according to a new report released by the Nigeria Bureau of...

Zenith Bank Plc has reported a gross earnings of N509 billion for the third quarter (Q3) ended Sept. 30, compared with N491 billion achieved in the corresponding period in 2019. The bank’s unaudited results released...

With tensions running high between the United Arab Emirates and its petroleum allies, Saudi Arabia and Russia, Abu Dhabi considers the idea of leaving OPEC+, media reported. The Bloomberg news agency reported this on Thursday,...

The Federal Government spends about $500m on palm oil importation, according to officials of the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations. At the National Workshop on oil palm organised...

State news agency Anadolu on Friday said Turkey’s competition authority fined Google 196.7 million lira (25.54 million dollars) for abusing its dominant position in the online search market. READ ALSO: Rawlings Died After A Brief Illness-...

Chief Innocent Chukwuma, Chairman of Innoson Vehicle Manufacturing Co. Ltd emerged winner of the 'Car Maker of the Year’ 2020 Igbere TV Leadership Excellence Awards. The award is endorsed by the African Union Economic, Social...

Transactions on the Nigerian Stock Exchange (NSE) remained upbeat on Tuesday with the market capitalisation hitting N17 trillion benchmark due to gains in high capitalised stocks. Specifically, the market capitalisation appreciated by N212 billion to...

The Nigerian Communications Commission (NCC) has published the Draft Consultation Document on the deployment of fifth Generation (5G) Mobile Technology in Nigeria. NCC Director, Public Affairs, Dr. Ikechukwu Adinde, said this in a statement on...

FMDQ Holdings PLC has announced Dangote Group, the Securities and Exchange Commission, Stanbic IBTC Holdings, amongst others as winners of its 2020 Gold Awards. Other awardees are; Chapel Hill Denham and Corporate Affairs Commission. FMDQ Holding...

The Nigerian National Petroleum Corporation (NNPC) said it supplied 727 Million Standard Cubic Feet per day (mmscfd) of natural gas for power generation to the country in the month of August, 2020, an equivalent...