Business

File photo Investors in the Nigeria’s stock market lost N713bn in April as the stock market declined further, recording a N135bn loss on Tuesday. The stock market opened the month …

The National Assembly on Tuesday passed the 2019 Appropriation Bill, raising the size by about N17bn from the N8.83tn proposed by the Executive to N8.916tn, with N23.7bn earmarked for lawmakers’ …

The Central Bank of Nigeria (CBN) has directed that settlement banks provide clearing collateral of not less than N15 billion worth of treasury bills to enable them to perform settlement …

Stanbic IBTC Holdings recorded mixed performance in the first quarter of 2019 as marginal growth in the top-line compressed into a decline in the bottom-line. Interim report and accounts of …

The Department of Petroleum Resources (DPR) has turned to French data firm Kpler to help it ferret out smugglers from the thousands of ships plying Nigerian waters. The United Nations …

Minister of Finance Mrs Zainab Ahmed The Federal Government has raised the alarm that about 70% of the monthly revenue inflow into the Consolidated Revenue Fund (CRF) is being spent …

Chairman, House Committee on Petroleum Resources (Downstream), Mr. Joseph Akinlaja The Chairman, House of Representatives Committee on Petroleum (Downstream), Mr Joseph Akinlaja, has expressed his support for the removal of …

Minister of Transportation, Rotimi Amaechi Nigeria is to take delivery of 10 additional coaches that will be deployed on the Abuja-Kaduna and Lagos-Ibadan rail lines. The coaches were meant to …

File photo Nigeria’s crude oil export have suffered a significant disruption as two international oil companies operating in the country declared force majeure on two crude grades. Force majeure is …

CBN Governor, Mr. Godwin Emefiele The Central Bank of Nigeria is scheduled to hold a Primary Market Auction on Thursday, offering N109.7bn worth of Treasury bills. The PMA is scheduled …