Nigeria’s inflation rate declined to 11.26 percent in October 2018 from 11.28 percent recorded in September according to data from the NBS which was published…
Nigeria’s power sector lost approximately ₦1.287 billion on Saturday, November 17, due to insufficient gas supply, distribution and transmission infrastructure as average energy sent out…
Domestic gas supply to power generating plants recorded a plunge of 186 million standard cubic feet per day in August. Data from the NNPC showed…
The CBN has asked telecommunications companies that intend to deepen financial inclusion in the country through mobile money services to make a minimum capital deposit…
The higher cost of shipments could make China cut imports of West African oil to the lowest in seven months in November while South Korean…
A report by investigative newspaper, Premium Times, has showed how the state owned oil firm, the NNPC, was unable to meet its debt obligations in…
There are indications that Access Bank may soon acquire mid-tier financial institution, Diamond Bank as talks, according to some reports which emerged yesterday, are at…
Fitch Ratings has reviewed upward the outlook on Nigeria’s Long-Term Foreign-Currency Issuer Default Rating to stable nearly six months after it was dropped to negative.…
The Nigerian Stock Exchange has fined Unity Bank the sum of ₦79.7 million following the bank’s failure to file its financial statements. The lender was…
Contrary to the reports making rounds, President Buhari has not endorsed the ₦30,000 national minimum wage agreed between labour unions and the FG’s tripartite Committee.…