The Central Bank of Nigeria (CBN) has established a minimum operating capital requirement for International Money Transfer Operators (IMTOs) at $1 million for foreign entities and...
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has extended the deadline of Annual Tax Returns filings from January 31 to February 29 for organisations and...
FBN Holdings Plc on Wednesday appointed Mr Olufemi Peter Otedola as its new Chairman, Board of Directors. The Holdings announced this in a notification signed by...
The bears dominated the domestic market on Nigerian Exchange Ltd. (NGX) on Wednesday as market capitalisation dropped by N1.07 trillion. Specifically, the market capitalisation closed at N55.357...
Mr Adebayo Adelabu, Minister of Power, has expressed concern about the underutilisation of Olorunsogo and Omotosho power plants due to gas shortages. Adelabu expressed his worries...
The Central Bank of Nigeria (CBN) will move five departments from the nation’s capital, Abuja, to Lagos as part of efforts to ‘decongest’ its head office....
The domestic bourse on Tuesday appreciated further, making the market turnover on the Nigerian Exchange Ltd. ( NGX) rise by 12.97 per cent. Market activities showed...
The management of Dangote Petroleum Refinery has commenced registration of distributors for its products, a statement by the outfit said on Friday in Lagos. According to the...
The Nigeria Customs Services (NCS) has upgraded its Electronic Auction (e-auction) platform in line with its commitment to continuously improve its services. The service announced the...
Since the start of the year 2024, January has been a good month for investors. More than ever, over three companies joined the Stocks Worth Over...
The Dangote Petroleum Refinery is the largest single-train refinery in the world. It commenced production on January 12, 2024, although it had earlier targeted June 2023...
Mr Sanusi Garba, Chairman, Nigerian Electricity Regulatory Commission (NERC), says the Federal Government will continue to subsidise electricity to ease the financial burden on Nigerians due...