According to the Acting Registrar-General of the Corporate Affairs Commission, Lady Azuka Azinge, about 70 percent of the registered entities between 2016 and 2018 failed…
The majority shareholder of Forte Oil, Femi Otedola, is planning to buy out the company’s upstream services and power distribution firm to be ratified by…
Figures from PenCom show that pension funds’ investments in FG issued securities, notably FGN bonds and Treasury bills, increased by ₦165.894 billion in the month…
Financial services firm, the VFD Group, has sold its stake in NEM Insurance after talks with the board of the insurance firm about its vision…
Nigeria’s economy is expected to grow by 2.2 percent in 2019 and 2.4 percent in 2020-21. The World Bank made this projection in its latest…
Andrew Gbodume has resigned as the Managing Director/Chief Executive Officer of MRS Oil, according to a statement by the firm on Thursday. It was revealed…
The FG, states and local governments shared ₦7.7 trillion from the federation account between January and December 2018. This means that unlike in 2017 when…
Nigeria lost an estimated $2.8 billion in revenues between July 1, 2018 and December 31, 2018, to mainly oil-related crimes. In a new ‘Report by…
Two months after Teleology Holdings received approval to take over the operations of 9mobile as the preferred bidder, the company has expressed its dissatisfaction over…
For a second day running on the Nigerian Stock Exchange, transactions on Thursday lost ground by 0.96 percent as the bears persisted in the New…