‘Global Islamic finance industry assets over $2 trillion in 2014’
SEC is determined to unlock this potential of the Nigerian Capital Market
Nigeria oil workers insist on all-inclusive conference to discuss industry problems
Government cannot restructure the industry alone
Guinness Nigeria withdraws suit against NAFDAC, pays N11.4 million fine
Guinness was accused of storing expired raw materials in its rented warehouse in Lagos.
NERC receives 47,127 customers’ complaints against 11 electricity distribution companies
NERC implores distribution companies to reduce rate of customer complaints
We’re “restructuring” not unbundling NNPC — Minister
Mr. Kachikwu says he doesn’t want the industry to shut down.
NSE market capitalisation increases by N45 billion
Okomu Oil Palm records highest gain to lead the gainers’ chart
Low oil prices do not spell doom for Nigeria — Dangote
Mr. Dangote urges local businesses to source raw materials locally so they would depend less on foreign exchange.
Forte Oil boss emerges chair of major oil marketers group
Mr. Akinfemiwa promises to ensure compliance in the effective distribution and marketing of petroleum products.
Nigeria’s SEC wants more retail investors in capital market
Only two per cent of participants in the capital market are retail investors.
PENGASSAN, NUPENG reject unbundling of NNPC, fears job losses
The unions say plans to overhaul the NNPC will cause an industrial crisis.
Jumia group gets €300 million financing from MTN, Goldman Sachs, others
Jumia is currently present in 11 African markets.
Nigerian govt. ready for major NNPC overhaul; to abolish GEDs
Group executive directors will be replaced with chief executive officers.
Fuel scarcity: Labour threatens to issue stay-at-home order to workers
Fuel scarcity is causing loss of huge man-hours as workers stay on queues at filling stations.
Truck operators disrupt port activities over NPA’s N10,000 levy
NPA official says the authority mulls a review of the proposal.
Three Nigerian firms bid for oil blocks in Uganda’s maiden licensing round
Seven blocks are up for grabs.
Global extractive industries body issues new guidelines on ownership, profit disclosure
The enforcement of beneficial ownership principle will take effect January 1, 2020.
Amnesty International warns Shell faces more lawsuits for Nigeria oil spills
Amnesty International says warns shareholders that Shell may obfuscate the true cost they may be paying.
Nigerians ignore calls to boycott banks over excessive charges
Groups are campaigning to bring pressure of banks imposing illicit charges on customers.
NERC to compel electricity firms to publish meter deployment schedule
The agency says it would not tolerate the usual practice by distribution companies to compel consumers to buy or repair transformers.
Dangote Cement posts N181.3billion profit, declares N8 dividend
Total revenue for the year was N491.7 billion.
Attorney-General clarifies role in MTN N50billion deal with Nigerian govt.
Mr. Malami says his office did nothing illegal.
Nigeria nuclear agency workers begin strike over conditions of service
Workers want the repositioning of agency to realise its mandate.
Cash-strapped Nigeria among low income nations losing billions to unfair tax treaties
With restrictive tax treaties, multinational companies are not paying certain types of taxes at all in any country.”