Dangote Cement posts N805. 6 billion revenue in 2017, declares N10.50

The figure represents an increase of 31 per cent when compared to N615.1 billion achieved in the corresponding period of 2016.


NSE market capitalisation dips N57 billion at Tuesday trading

The capitisation dipped despite N10.50 per share dividend declared by Dangote Cement

NIPC to commence fresh phase of certification in Edo, Delta, Akwa-Ibom

The agency says the exercise will enable investors know the business opportunities and potential of the states

Dr. Maikanti Baru

After wasting billions, NNPC to resuscitate failed electronic system- Baru

The project was reinstated to ensure digitalisation of oil operations.

Nigeria’s first online trade fair debuts in May

The e-fair will enable visitors to conveniently participate in the trade exhibition without leaving the comfort of their homes or offices

Arraignment of illegal Chinese miners stalled in Nigerian court

The suspects include 15 Chinese and 10 Nigerians.

PARADISE/PANAMA PAPERS: European Union blacklists U.S. Virgin Island, two others

The newly blacklisted hubs include the Bahamas, the U.S. Virgin Islands and St Kitts and Nevis.


CBN announces new dates for monetary policy meeting

The new schedule follows assurances that the National Assembly would screen the newly appointed members of the MPC this week.

ANALYSIS: How politics and economics determine fuel price, By Bisi Daniels

The NNPC says it will cut the level of fuel consumed from 60 million to 40 million litres.

Nigeria Stock Exchange

How businesses fared on Nigeria Stock Exchange last week

The top losers in the market in the week were Jaupul Oil, Fidelity Bank, Unity Bank, African Prudential and Regency Alliance Insurance Plc.


Amidst anti-corruption war, BVN, bank customers reduce across Nigeria

Several reasons were given for the reduction in bank accounts.

PANAMA PAPERS: Law firm, Mossack Fonseca, shuts operation

The law firm says it will shut down its remaining offices by the end of the month.

Fayemi faults lawmakers over Ajaokuta concession

The minister and the lawmakers have been at loggerheads over the status of the moribund factory.

NNPC Headquarters, Abuja

Oil prices jump, Brent hits approximately $70

OPEC and other producers have cut output to reduce a global crude glut.


Transcorp Hotels appoints new chairman

The new chairman has over 27 years experience in banking and finance industry.

AfDB to support Nigeria’s power sector recovery programme

The bank’s support in will be in three areas, namely operational and technical intervention, governance issues and policy

CBN delays monetary policy meeting

The meeting is coming after Senate confirmation of the committee’s new members.

Korea to partner African Development Bank on technology development – Deputy PM

A delegation of AfDB ld by its president in on a tour of South Korea.

AFREXIMBANK, South African firm to invest $1billion to expand trade in Africa

An MoU was signed between the two partners in Cairo, Egypt on Monday.

Nigeria consumer council sets new guidelines to protect e-commerce consumers

The council meets with some e-commerce representatives.

CBN, others brainstorm on new bank customers target

An official says that the North-west is the most ‘financially excluded’ zone with an exclusion rate of 70 per cent.

Samsung Headquarters

Senate probes Samsung’s alleged abuse of Nigeria’s financial policy

A lawmaker laments that Nigeria’s economy “is bleeding”.


FEC approves proposed agreement on African free trade

The AfCFTA is a negotiated rules-based system that sets trade standards.

NSE market capitalisation loses N83 billion

A breakdown of the losers’ chart indicated that Nestle topped the table with a loss of N20.


GT Bank declares final dividend of N2.40 per share in 2017

The bank posted a profit after tax of N170.45 billion.