Business

The Bank Directors Association of Nigeria (BDAN) has kicked against the recently signed windfall tax introduced by the Federal Government. The association described it as “excessively burdensome and ill-timed”. In …

Stakeholders in the Nigeria telecommunications ecosystem on Tuesday warned that the industry is on the brink of collapse. They spoke at a forum tagged: “TELECOMS INDUSTRY 2.0: The Next Investment …

In a bid to reaffirm its commitment to fostering transparency and accountability in the Nigerian economic ecosystem, the Central Bank of Nigeria (CBN) has reintroduced the publication of several key …

The Federal Competition and Consumer Protection Commission (FCCPC) is set to engage key players in the supply and distribution chain to address the issue of exorbitant prices for consumer goods. …

The Nigerian equities market began the week on a low on August 12, 2024 as investors lost N404bn at the end of trading session. This follows an increase in the …

Nigeria’s crude oil production rose to 1.307 million barrels per day in July. The Organisation of Petroleum Exporting Countries (OPEC) disclosed this in its Monthly Oil Market Report (MOMR) released …

A few weeks after Dangote Industries Limited, the operators of the Dangote Refinery raised alarm about the inability to get crude allocation under the Domestic Crude Supply Obligation (DCSO), another …

The Nigerian National Petroleum Corporation (NNPC) Limited has denied involvement in the alleged attempt to sabotage the Dangote Refinery. The company pointed out its significant financial stake in the project. …

The Nigerian equities market reversed the loss recorded in the first trading week in August to post a fairly profitable trading last week. The bourse gained in three of the …

The Nigeria Deposit Insurance Corporation (NDIC) on Sunday explained why the 17.64% of the insured depositors of defunct Heritage Bank have not been paid. In a statement issued by its …