Business

The decision of the House of Representatives to demutualise the Nigerian Stock Exchange was based on the need to make it more attractive to investors by opening up the capital …

The Central Bank of Nigeria (CBN) yesterday injected $210 million into various segments of the inter-bank foreign exchange market. The CBN had at the trading, offered $100 million as wholesale …

The Nigerian National Petroleum Corporation (NNPC) said yesterday that the government is owing it N170.6 billion in unpaid subsidy between January 2006 and December 2015. NNPC Group Managing Director Maikanti …

Air Peace has announced plans to launch its Kano and Yola services on February 12 and 15 respectively. The services, the airline said, will cover Lagos-Kano-Lagos, Kano-Abuja-Kano, Lagos-Yola-Lagos and Abuja-Yola-Abuja. …

The Federal Airports Authority of Nigeria ( FAAN ) has commenced evacuation of abandoned aircraft at the airside of the Murtala Muhammed Airport ( MMA ), Lagos. This is just …

Amazon boxes are seen stacked for delivery in Manhattan Amazon.com Inc will open its checkout-free grocery store to the public on Monday after more than a year of testing, the …

Nigerian equities scored a double yesterday as sustained scramble for quoted shares ballooned the aggregate market value of all quoted equities  to N15.783 trillion, the highest in the 57 years …

Bureau De Change (BDC) operators are urging the Central Bank of Nigeria (CBN) to reduce foreign exchange (forex) buying rate from N360 to N350 to the dollar— in the interest …

The World Bank forecasts that Nigeria’s economic growth will edge up to at least 2.5 per cent this year, as the country benefits from improved commodity prices, investments and trade. …

The Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD), Dr. Maikanti Baru on Tuesday that crude oil production was 1.8 million barrel per day without condensate and 2.5million per …