Business News

The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira and foreign exchange to beneficiaries. It has also directed that...

A new gas pricing template for the power sector and gas-based industries has been developed and currently awaits the approval of President Bola Tinubu, the Nigerian Midstream, and Downstream Petroleum...

Wole Olanipekun & Co, Dr Oba Otudeko's legal representatives, has asked FBN Holdings to disregard a petition filed by Ecobank's lawyers demanding the rejection of 4.7 billion shares purchased by...

( the world bank) Damilola Ogunbiyi, the Chief Executive Officer (CEO) of Sustainable Energy for All, has been selected as one of the distinguished members to join the Private Sector...

1. SEC investigates Otudeko’s FBN share acquisition The Securities and Exchange Council is currently investigating the acquisition of 4.7 billion shares of FBN Holdings by a former Chairman of the...

The rising cost of operations and the subsequent capital flight have become pressing concerns leading to the delisting of quoted companies from the Nigerian stock market. Shareholders are deeply worried...

FMDQ Group Plc has unveiled its Exchange-Traded Derivatives Market, to enable investors to hedge their inherent financial market risks. The exchange, in a statement on Tuesday, said the introduction of...

The Director, Risk Management, Central Bank of Nigeria, Dr Blaise Ijebor, has urged risk managers practitioners to keep up with trends that will pose as risks for their organisation. Ijebor,...

The switch from the use of Premium Motor Spirit, popularly called petrol, to autogas will save about N1.84tn monthly for commercial vehicle operators in Nigeria, the Federal Government has said....

The Federal Government, on Tuesday, raised concern over the performance of the Value Added Tax in Nigeria as the lowest in the West African region. While describing the development as...