The Securities and Exchange Commission (SEC) has expressed its willingness to improve the regulatory framework on government and corporate borrowing.
The Director General of the Commission, Dr. Emomotimi Agama, who disclosed this in a chat, said this has become important...
Share trading on the Nigerian Stock Exchange (NGX) was bullish on Wednesday as the All Share Index (ASI) gained 80 basis points to close at 104,230.73 basis points. Notably, buying interests in MTN Nigeria Communications and First Bank of...
Guaranty Trust Holding Company Plc (GTCO) has announced the successful completion of the first tranche of its equity capital raising programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the...
The naira has recorded another depreciation in the parallel market, trading at N1,665 per dollar on Monday, compared to N1,660 per dollar over the weekend.
On the contrary, in the official foreign exchange market the naira strengthened slightly, appreciating to...
Flour Mills of Nigeria Plc (FMN), Nigeria's leading allied food and agriculture company, is pleased to announce the relaunch of Nigeria's beloved Honeywell brand. This historic event, held in Lagos, unveiled Honeywell's dynamic new identity, featuring vibrant packaging, improved...
The Transmission Company of Nigeria (TCN) has announced that it will ration power supply to parts of the Federal Capital Territory (FCT) from January 6 to 20.
The rationing is due to the Federal Capital Development Authority's (FCDA) road dualization...
Petroleum marketers, represented by the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), have called on the Federal Government to privatize state-run refineries, encourage competition and improve transparency and accountability.
They also urged the government to invest in infrastructure...
A former CEO of Ajaokuta Steel Company, Magaji Inuwa, has expressed doubts about the government's ability to revive the Ajaokuta steel project.
Inuwa, who identified financial constraints, lack of commitment and lack of infrastructure coordination as major obstacles, said only...
Central Bank of Nigeria (CBN) Governor Olayemi Cardoso on Friday revealed that the 'Early Exit Programme' was a 100 percent voluntary exercise initiated by staff of the apex bank.
Mr. Cardoso disclosed this in Abuja during the resumption of the...
MTN Nigeria has revealed that it has requested a 100 percent tariff increase from the Nigerian Communications Commission (NCC), although approval of the proposal remains uncertain.
The request was revealed by MTN Nigeria CEO Karl Toriola during an interview on...
