Naira Depreciates Marginally Against Dollar At Investors,  Exporters Window

News Investigators/ The Naira depreciated by 0.29 per cent against the dollar on Tuesday, exchanging at 418.50, compared to N417.30 to the...

Naira Depreciates, Sells At N419.50 To Dollar

News Investigators/ The Naira exchanged at N419.50 to the dollar at the Investors and Exporters window on Thursday. This...

UBA: Elumelu Assures Investors, Shareholders Of Sustained Growth

News Investigators/ United Bank for Africa Plc (UBA) on Thursday assured shareholders and investors of its unwavering commitment to sustain its current...

Port Infrastructure Modernisation ‘ll Foster Economic Devt –MD NPA

News Investigators/ The Nigerian Ports Authority (NPA) says building of modern and resilient ports infrastructure will fast track the country’s economic development.

APM Terminals Investment In Apapa Hits N180Bn

News Investigators/ Port operating company, APM Terminals, Apapa, has invested USD438 million (about N180 billion) in acquisition of modern cargo handling equipment.

ABP: CBN Disburses N864bn To 4.1m Farmers Cultivating 5.02m Hectares

News Investigators/ The Central Bank of Nigeria (CBN) says it has so far disbursed N864billion to 4.1 million farmers to cultivate 5.02...

4th Economy Forum: Bloomberg Convenes 50 African Delegates In Finance, Other Sectors

News Investigators/ The fourth Bloomberg New Economy Forum kicked off on Tuesday in Singapore, convening over 495 participants in both physical and...

E-Naira’ll Not Affect Commercial Banks’ Deposits – Adedipe

News Investigators/ A financial consultant, Biodun Adedipe said the e-Naira introduced by the Central Bank of Nigeria (CBN) would not affect deposits...

AfCFTA: SON Charges Electrical Dealers On Quality

News Investigators/ The Standards Organisation of Nigeria (SON) has tasked electrical dealers to uphold the highest quality standards for them to benefit...

FG Adamant, Says Collection Of VAT By FIRS Remains

News Investigators/ The Federal Government says the Federal Inland Revenue Service (FIRS) will continue to collect Value Added Tax (VAT) following the...

E-Naira Hits Market October -Official

News Investigators/ The director of Information Technology, Central Bank of Nigeria (CBN), Rukiya Mohammed, on Wednesday said the apex bank has concluded...

Osinbajo Charges AU Member States On AfCFTA Protocols

News Investigators/ Nigeria's Vice-President, Yemi Osinbajo has called on African Union (AU) member states to ratify and implement protocols on free movement...

U.S. Freezes Billions In Afghan Currency Reserves

News Investigators/ The U.S. Government froze Afghanistan government reserves held in US bank accounts as the Taliban rolled into the capital of...

SEC Approves 7 NGX’s Derivatives Contracts

News Investigators/ The Nigerian Exchange (NGX) Limited has announced that it has received approval for seven derivatives contracts from the Securities and...

GDP Growth Projected At 4.2% In 2022 –FG

News Investigators/ The Federal Government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022.

Process Of Abandoning Dollar Use Visible –Kremlin

News Investigators/ Kremlin spokesman Dmitry Peskov has said that the process of abandoning the use of the dollar is visible.

China’s Commerce Minister Pledges Better Service For Foreign Enterprises

News Investigators/ China’s Minister of Commerce, Wang Wentao, has pledged to enhance communication with foreign enterprises and chambers of commerce and provide...

Reinstating First Bank’s Adeduntan ‘ll Boost Investor Confidence – Okunrounmu

News Investigators/ A former Director, Budgeting Department, Central Bank of Nigeria (CBN), Titus Okunrounmu, has commended the apex bank for reinstating Adesola...

Access Bank Profit Before Tax Increases By 30% In Q1

News Investigators/ Access Bank Plc has posted a profit before tax (PBT) of N60.1 billiion, representing an increase of 30 per cent...

Fidelity Bank Announces 53.9% Growth PBT For Q1

News Investigators/ Fidelity Bank Plc has announced a profit before tax of N10.1 billion for the first quarter (Q1) ended March 31,...

Nigeria Spends $6.1Bn Yearly On Wheat Importation –WFAN

News Investigators/ The Wheat Farmers Association of Nigeria (WFAN) says about $6.1 billion is spent yearly to import wheat into Nigeria.

Senate Wants FG’s Dividend Share In BoI Increased To 20 Percent — Sen. Adeola

News Investigators/ The Senate has urged the Bank of Industry (BOI) to increase the percentage of dividends accruing to the Federal Government,...

Access Bank Posts Gross Earnings Of N764.7bn For 2020, Extends African Footprint — MD

News Investigators/ Access Bank Plc has declared gross earnings of N764.7 billion for the financial year ended Dec. 31. 2020, in spite...

NSE Moves 250.92m Shares Worth N2.79bn In Negative Trading

News Investigators/ The Nigerian Stock Exchange on Friday moved 250.92 million shares valued at N2.79 billion in 3,746 deals in a negative...

Crude Price Rises Amid Fears Of Slow EU, US Demand Recovery

News Investigators/ Oil prices rose more than one per cent, on Wednesday, as investors sought bargains following the previous day’s slump.

FG To Support MSMEs With $1bn Syndicated Loan —Trade minister

News Investigators/ The Bank of Industry (BoI), under the supervision of the Ministry of Industry, Trade and Investment, has secured a $1...

Inflation Rises By To 17.33% In February –NBS

News Investigators/ The National Bureau of Statistics (NBS), says the inflation rate increased in February by 0.86 per cent to 17.33 per...

Africa Remains Attractive Business Destination –Former Guinness MD

News Investigators/ A former Managing Director, Guinness Nigeria Plc, Seni Adetu, says Africa as an emerging market remains an attractive business destination.This,...

WTO: OPEC Hails Okonjo-Iweala Appointment

News Investigators/ The Organisation of Petroleum Exporting Countries (OPEC), has congratulated Ngozi Okonjo-Iweala, on her appointment as the Director-General of the World...

Valentine: Access Bank Unveils Offers To Celebrate Customers

News Incestigators/ Access Bank has unveiled series of offers to celebrate its customers to mark 2021 Valentine season with a campaign tagged...

Total To Change Name To TotalEnergies Under Transformation Strategy

News Investigators/ France’s oil company, Total, said on Tuesday that it intended to change its name to TotalEnergies, as part of the...

Cryptocurrency Ban: Experts Optimistic Of Stock Market Rebound

News Investigators/ Capital Market experts on Monday expressed optimism that the ban on cryptocurrencies by the Central Bank of Nigeria (CBN) would...

Airtel Commences NIN Registration In Retail Outlets Across Nigeria

News Investigators/ Airtel Nigeria, a telecommunications service provider on Thursday says it has commenced the National Identity Number (NIN) registration exercise in...

Toyota Beats Volkswagen In 2020 Global Car Sales

News Investigators/ Toyota Motor sold more vehicles worldwide than Volkswagen in 2020, dethroning the German rival as the world’s largest carmaker for...

ABCON Tasks CBN On FOREX Stability In 2021

News Investigators/ The Association of Bureaux De Change Operators of Nigeria (ABCON), on Tuesday, urged the Central Bank of Nigeria (CBN) to...

FG Suffers 60% Revenue Loss, Amidst Low Oil Prices, Poor FIRS Receipts

News Investigators/ Nigeria's Minister of State for Petroleum Resources, Timipre Sylva, says Federal Government’s earnings, from oil and non-oil sectors coupled with...

NSE Records First Week Loss, Down 0.86%

News Investigators/ The Nigerian Stock Exchange (NSE) on Friday recorded its first loss for the week, dropping by 0.86 per cent due...

UBA Unveils Products To Drive Retail Banking

News Investigators/ The United Bank for Africa (UBA) Plc, on Friday in Lagos, committed to delivering superior and innovative banking solutions to...

AfCFTA: Stakeholders Say Access To Finance, Information Biggest Challenges For African Businesswomen

News Investigators/ Advocates of women entrepreneurs have identified inadequate finance and information as topmost challenges among the leading Non-Tariff Barriers (NTBs) facing...

NCC Set To Review Cost Of International Voice Calls Services

News Investigators/ The Nigerian Communications Commission (NCC) is set to commence a cost-based review to determine new pricing regime for mobile International...

EU Lacks Unity To Mitigate Chinese Investment Risks –Report

News Investigators/ The European Union (EU) lacks strategic and unified approach to Chinese investment among members, to effectively mitigate risks, such as...

Nigeria Stock Market Loses N70bn, Amid Losses By Blue Chips

News Investigators/ The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by...

2030 Agenda: NSE Boss Urges West Africa To Embrace Green Bond Finance

News Investigators/ The Nigerian Stock Exchange (NSE) on Friday urged West African countries to shift and scale up green bond finance and...

Full Economic Recovery May Require Coronavirus Vaccine, Says U.S. Federal Reserve Chief

News Investigators/ A full U.S. economic recovery might require a coronavirus vaccine and could take more than a year, Federal Reserve chairman...

Debtors Africa, Proshare, Unveil Searchable Database On Delinquent Debtors

News Investigators/ Debtors Africa, in partnership with Proshare, have launched an independent searchable database of recalcitrant and delinquent debtors in Africa.

COVID-19: CreditRegistry Offers Free N25m Credit To Lenders

News Investigators/ CreditRegistry, a credit bureau, says it is offering lenders free usage of its premium credit reporting service to cushion the...

COVID-19: Ramaphosa, Sirleaf Laud AfDB’s Adesina For Visionary Leadership

News Investigators/ South Africa’s President, Cyril Ramaphosa and former Liberian President, Ellen Sirleaf have commended Akinwumi Adesina, President of the African Development...

(Updated)CBN Halts Hubert Nwigwe’s Plan To Lay-Off Access Bank Workers

News Investigators/ The planned sack of workers by the Access Bank Plc has been put on hold by the Central Bank of...

Macroeconomic Dev Fear Grips Nigerian Businesses -Survey

News Investigators/ Palpable concern about risks in macroeconomic developments rises from #9 to #1 in Nigeria as the economy showed no sign...

Stanbic IBTC Wins CIPM Awards

(NEWS INVESTIGATORS) Stanbic IBTC Bank PLC, a subsidiary of Stanbic IBTC Holdings...

FirstBank Reaffirms Support For Small Businesses

(NEWS INVESTIGATORS) First Bank of Nigeria Ltd says it will sustain continued support for small businesses to ensure economic growth and development.

Policy Dialogue Participants Calls For Property Tax Implementation

Participants at the monthly Policy Dialogue on the Next Level in Abuja have urged the Federal Government to introduce property tax towards...

P&ID: Nigeria Secures Variation Of UK Court Order

Nigeria has succeeded in securing variation of the UK court order from cash payment of 200 million dollars security to issuing...

Oil Price Falls Amid US, China Tensions

(News Investigators)/ Oil prices fell for a second day on Thursday after official data showed U.S. crude and gasoline stocks rose and...

Air Pollution Causes Lung Cancer In Non-Smokers

Dr Ray Osarogiagbon, Director, Multidisciplinary Thoracic Oncology Programme, Baptist Cancer Centre, Memphis, Tennessee, in the U.S., has warned that air pollution contributes...

Jeremy Corbyn To Ensure Coy Pay Fair Share

Jeremy Corbyn has vowed to stop multinational companies offshoring their tax bills to places with “lower tax regimes” with measures to force them to pay their...

NEITI Partners EFCC On Corruption Fight

NEITI says it will sign a Memorandum of Understanding with the Economic and Financial Crimes Commission to strengthen effort in fight against corruption in the country.

Proposed Bank Strike: Stakeholders Call For Dialogue To Avert Plan

(NEWS INVESTIGATORS) Some financial experts and stakeholders have appealed to bank unions’ to dialogue with their employers to forestall the proposed operation...

Ghana’s Springfield Oil Discovery Is Historic For Local Content In Africa

(News Investigators)/ The soon-to-be-announced deep water oil discovery offshore Ghana by independent Springfield Group is historic for Ghana and Africa’s local content. Not only...

Jack Ma Awards $1m To 10 Entrepreneurs

The Jack Ma Foundation at its first annual Africa Netpreneur Prize Initiative (ANPI) grand finale  awarded $1 million in prize money to 10 entrepreneurs from...

Vantage Capital Exits $18.5m In SA Energy Co

Vantage Capital, Africa’s largest independent mezzanine fund, announced that it successfully exited its $18.5 million mezzanine investment in Genser Energy, a management-owned,...

Nigerian Borders Closure Beneficial -Yusuf

An entrepreneur, Alhaji Kamarudeen Yusuf, the Chairman and Chief Executive, Kam Industries has commended the Federal Government for closing the country`s land...

LASU Adopts Second Stream Programme For Students Entrepreneurship

The second stream undergraduate programme of the Lagos State University (LASU) was introduced to help deepen entrepreneurship skill of students of the...

Accident Bureau Releases Preliminary Reports On Air Peace Incidents

The Accident Investigation Bureau (AIB) has released the preliminary reports on serious incidents involving three Air Peace aircrafts. News...

NNPC Secures $1.16m US Grant For 1,350MW Abuja Power Plant

The Nigerian National Petroleum Corporation (NNPC) and the United States Trade and Development Agency (USTDA) have concluded arrangement to sign a 1.16...

NAHCO Records N7.38bn Revenue

The Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has recorded a gross revenue of N7.38 billion for the nine months...

Financial Inclusion: Fidelity Rewards Customers With N15m

(NEWS INVESTIGATORS) Fidelity Bank Plc on Wednesday flagged off the maiden edition of its Get Alert In Millions (GAIM) Season 4 savings...

Reps C’ttee Asks FIRS To Return N4.6bn To FCT

The House of Representatives Committee on Public Account has asked the Federal Inland Revenue Service (FIRS) to return N4.6 billion which represents...

NNPC Urges Unadulterated Products To Motorists

The Group Managing Director of  Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has tasked the board  and  managementg of  NNPC Retail...

Locally Produced Pencils To Save Nigeria $2.4bn

An entrepreneur, Mr Muideen Ibrahim, says locally-produced pencils will save the country over $2.4 billion (N734.4 billion) if encouraged and supported by...

Lagos Calls For Wholesome Meat For Residents

Mr Gbolahan Lawal, Lagos State Commissioner for Agriculture, has urged franchisees operating in the red meat value chain to put in place...

Dangote Unveils Rice Mill In Kebbi

Gov. Atiku Bagudu of Kebbi on Sunday commended Dangote Group for setting up a rice mill in the state, saying it would...

Lagos 2020 Budget To Attract Investment -Gov. Sanwo-Olu

Gov. Babajide Sanwo-Olu of Lagos State says the proposed 2020 N1.168 trillion budget will attract private sector investment. Sanwo-Olu...

Nigeria Plans Moving 24m Citizens Out Of Poverty

The Nigeria Governors’ Forum (NGF) and the Federal Government have commenced a Human Capital Development (HCD) plan towards moving 24 million Nigerians...

World Billionaires Go Poorer, Lose $388bn

World billionaires go poorer, lose $388bn (NEWS INVESTIGATORS) The world’s richest people became a little ‘poorer’...

Turmoil, Volatile Market Affects Billionaires Too

(NEWS INVESTIGATORS) The world’s richest people became a little less well off last year, according to a report by UBS and PwC,...

Take Advantage Of “Ready, Set, Work”, Sanwo-Olu’s Aide Urges LASU Students

Special Adviser to Lagos State Governor on Education, Tokunbo Wahab, has urged final year students of Lagos State University (LASU) to take advantage of the ...

Indonesia’s Lion Air Finds Cracks In 2 737NGs

Lion Air has found structural cracks in two Boeing Co (BA.N) 737 NG planes with fewer flights than a U.S. Federal Aviation...

Billionaires’ Wealth Falls For First Time In Decade

The world’s richest people became a little less well off last year, according to a report by UBS and PwC, as geopolitical...

Senate Supports $10bn NLNG Investment

The Senate is throwing its full weight behind the 10billion dollars Train seven Project investment in the nation’s gas sector, by the Nigeria Liquefied Natural Gas...

Senate Orders Probe Into Activities At Lagos Ports

The Senate has mandated its committees on Navy, Marine Transport and Finance to carryout a comprehensive investigation into the activities of Messrs...

Border Closure Has Both Good, Bad Sides

The Lagos Chamber of Commerce and Industry (LCCI) on Thursday said the temporary closure of Nigeria’s land borders by the Federal Government...

50m Commuters Used BRT In 10 Months, Says MD

(News Investigators)/ The operators of Bus Rapid Transit (BRT) in Lagos, Primero Transport Services Limited, says about 50 million commuters used the...

Apple Pledges $2.5bn For Affordable Housing In California

(NEWS INVESTIGATORS) Apple says it will direct 2.5 billion dollars toward affordable housing in California, the latest tech giant to pledge...

NAICOM To Classify Insurance Coy By Service To Customers

The National Insurance Commission (NAICOM) on Monday said insurance companies in the country would henceforth be assessed and ranked based on the...

FG To Flood Market With Cheaper Rice Before Christmas

The National Food Security Council (NFSC), chaired by President Muhammadu Buhari, will make rice available before the Christmas festivity.

RIFAN Will Ensure Self-Sufficiency In Rice

Rice Farmers Association of Nigeria (RIFAN), Nasarawa State Chapter, says the association will ensure self sufficiency in rice production in the country.

McDonald CEO Quits Over Relationship With Employee

McDonald’s chief executive officer has left the company after violating company policy by engaging in a consensual relationship with an employee

Nigerian Borders To Remain Closed -Customs

The Nigeria Customs Service (NCS) says the partial border closure will continue until the set objectives are achieved. The...

250 Nigerian Businesses for Africa Economic Forum In Sochi

(NEWS INVESTIGATORS) The Presidency says about 250 Nigerian business interests will participate in the African Business Forum, which will bring together African...

Market Indices Slump Further By 0.45%

(NEWS INVESTIGATORS) Activities on the nation’s bourse resumed for the week on Monday still on negative territory with crucial market indicators dropping...

FG Restates Commitment To Strengthen Trade Relations With Poland

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo has reiterated Federal Government’s committment to strengthen relationship between Nigeria and Poland...

Nigeria’s Livestock Industry Worth Over N30 Trillion, Says Minister

Livestocks (News Investigators)/ Nigeria’s Minister of Agriculture, Muhammad Sabo-Nanono, on Thursday, says Nigerians breed over N30 trillion worth...

Bankers Committee Throws Weight Behind CBN’s Cashless Policy, LDR

(News Investigators)/ The Bankers Committee has thrown its weight behind the Central Bank of Nigeria (CBN)’s cashless and Loan to Deposit Ratio (LDR) policies introduced...

Fidelity Bank Supports Financial Inclusion Drive With N120m Promo

(News Investigators)/ Fidelity Bank Plc on Thursday flagged off its Get Alert in Millions (GAIM) Season 4 promo to strengthen the Federal...

New Orders Fuel Kenya’s Private Sector Activity In Sept–PMI

Kenya’s private sector activity grew for the fifth straight month in September, boosted by an increase in new orders for businesses, a...

AfDB Commends Nigeria’s Resilience, Entrepreneurial Skills

The African Development Bank (AfDB) has commended Nigerians for their resilience and entrepreneurial skills in the 59 years of the country’s existence.

Nigeria Gets New World Bank Country Director

The World Bank has appointed Mr Shubham Chaudhuri as the new Country Director for Nigeria, succeeding Mr Rachid Benmessaoud who completed his term recently.

Premium Pension’s Asset Base Hits N680b

(NEWS INVESTIGATORS) Premium Pension Ltd. has built an asset base of N680 billion after 14 years of its operations, the Managing Director...

FG Cautions Producers, Marketers Against Mishandling Of Chemical Weapons

(NEWS INVESTIGATORS) The Federal Government has cautioned producers and marketers of chemical weapons against allowing it into the hands of non-state actors.

NNPC Moves To Boost Domestic Gas Use

NNPC says it will grow the domestic gas use in-country to five billion cubic feet of gas per day from its current 1.7 billion cubic feet of gas per day by 2022.

Mortgage Bank Urges Nigerians To Access Housing Products

The Federal Mortgage Bank of Nigeria (FMBN), Federal Capital Territory (FCT) branch, has called on Nigerians to access their mortgage products through National Housing Fund (NHF) scheme.

NNPC GMD Reiterates Commitment To Transparency, Accountability

The Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Malam Mele Kyari, has reiterated his commitment to transparency and accountability in the operations of the corporation.

VP Osinbajo, NECA Discuss Business Sustenance In Nigeria

VP Osinbajo meets with a delegation of Nigeria Employers’ Consultative Forum to discuss business sustainability in the country.

Nigeria Losses 22m Barrel Of Oil To Theft

Gov. Godwin Obaseki of Edo said the nation lost about 22 million barrels of its crude oil production to oil theft between January and June.

FG, States, LGs Share N769.5bn For July

The Federal Government, States and Local Government Areas (LGAs) shared N769.52 billion as federal allocation for the month of July.

Nigeria Produces 692m Barrels Of Crude Oil in 2017

The Nigeria Extractive Industries Transparency Initiative (NEITI) says that 692 million barrels of crude oil was produced in the country in 2017.

U.S. Threatens Sanctions Over Iranian Tanker After Court Release

The U.S. is gravely disappointed with the U.K. after a Gibraltar court allowed the release of an Iranian tanker suspected of hauling oil to Syria,

NNPC Targets China To Boost Crude Oil Reserves

(NEWS INVESTIGATORS) The Nigerian National Petroleum Corporation (NNPC) says strategic partnership and new investments in the Upstream Petroleum Sector are essential to...

N-Power Beneficiaries Urge FG On Timely Stipends Payment

N-Power beneficiaries under the Federal Government’s Social Investment Programme (SIP) on Thursday appealed to the federal government to ensure timely payment of their monthly stipends

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Ex-EFCC Boss Magu, 7 Others Now AIGs

News Investigators/ The Police Service Commission (PSC) has approved the promotion of Ibrahim Magu and seven other Commissioners of Police (CPs) to...

Police Parade Suspected Killers Of Abuja Female Corps Member

News Investigators/ The Nigeria Police, Federal Capital Territory (FCT) Command on Monday, paraded three suspects in connection with the murder of a...

Amaechi Officially Resigns, Solicits Buhari’s ‘Continuous Support, Guidance’

Presidential aspirant, Rt. Hon. Chibuike Rotimi Amaechi News Investigators/ Frontline Presidential aspirant on the platform of All Progressives...