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The Central Bank of Nigeria may increase the items on the foreign exchange restriction list from 42 to 50 in order to boost local production and stimulate the export market. Read more

The bulls remained in control of the stock market, lifting the Nigerian Stock Exchange (NSE) Al-Share Index (ASI) further by 0.4 per cent to close at 30,583.21, while market capitalisation added N45.7 billion to close at N11.4 trillion. Read more

The Central Bank of Nigeria (CBN) has launched the Revised National Financial Inclusion Strategy targeted to bring in 80 per cent of financially – excluded adults in the country into the inclusive net – access to banking and other financial services. Read more

More than five years after the nation’s power sector was privatised, 55 per cent of electricity consumers are still being subjected to estimated billing. Read more

  Inflation has eased in the economy both at the retail and wholesale level in the month of December 2018. The retail inflation for the month eased to an 18-month low to 2.2%, lower than CARE Ratings’ expectation of 2.9%. It was lower than 2.3% in the previous month and 5.2% in December 2017. Read […]

The Nigerian Stock Exchange has revealed plans to reduce the compliance burden on listed firms. Read More

The merger between Access  and Diamond Bank will achieve 12million BVN accounts or roughly a third of the total of the 36 million BVNs in Nigeria. Read more

The Global Optical Sorter Market report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement and governing factors in the market. Read more

To say the last 12 months have been momentous for the country is certainly stating the obvious. From telecoms, to manufacturing, agriculture, fiscal policy, services to the formal and informal sectors, the nation’s economic managers sure had a lot of issues to ponder about in terms of regulation, policy initiatives, challenges and lessons learnt. Read […]

Alhaji Aliko Dangote still maintains his spot as Africa’s richest man according to Forbes Magazine. The magazine disclosed that as at January 11, 2019, the 61-year-old was worth $9.9 billion. Read more

The Nigerian National Petroleum Corporation (NNPC) has indicated it will meet up with the December 2019 deadline proposed by the federal government to end the importation of refined petrol into Nigeria. Read more

The Chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor James Momoh, has projected that about N200 billion would be required to close the huge metering gap in the electricity industry. Read more

Hints about Teleology Holdings’ pulling out from the operations of 9mobile as the preferred bidder has emerged. Read more

The nation’s stock market continued its downward trend as investors recorded more losses at the end of trading on the floor of the Nigerian Stock Exchange on Monday. Read more

The Petroleum Products Pricing Regulatory Agency on Monday declared that it was wrong to state that the Federal Government was paying subsidy on Premium Motor Spirit, popularly called petrol, as there was no provision for subsidy in the past three years. Read more

Barely, two months after Teleology Holdings received approval to take over the operations of 9mobile as the preferred bidder, Teleology Holdings has expressed its dissatisfaction with the business relationship with its local partner, 9mobile Nigeria, and has decided to pull out from the 9mobile project, THISDAY has learnt. Read More

The stock market remained bearish in the first week of 2019 as investors continued to adopt cautious trading following persistent political jitters ahead of general elections next month. Read more

Some statements repeatedly find their way into public discourse. People hardly verify them, and no one questions them. Read more

THE insurance companies in Nigeria and Africa have not been performing well enough when compared to their counterparts in the global space, what is the reason? Read more