France Pledges to Invest Over One Billion Euros in Nigeria Oil and Gas Industry
The French Government has said that it has set aside about one billion euros to be invested in the Nigeria Oil and Gas industry, stating that Nigeria remains her first…
EU slams $2.7b fine on Google
Google, a unit of Alphabet, the world’s leading technology company, has been slammed a record $2.7 billion fine by Europe’s anti-trust agency. The fine signalled a tough stance by the…
Shareholders Advise Banks to Takeover Etisalat
Some shareholder groups in the nation’s capital market on Tuesday urged Etisalat Nigeria to settle the N1.2 billion debt it owed 13 commercial banks to avoid a takeover. A cross…
OPEC: Oil Prices Resume Uptrend
Oil prices rose about two per cent yesterday and hit a one-week high, boosted by a weaker dollar, short covering and expectations that crude inventories in the United States (U.S.)…
PWC, KPMG, E&Y, Deloitte earn N 6.4 billion in audit fees from Nigeria’s biggest companies
Data from some of the biggest quoted companies by market capitalization in Nigeria reveals the big 4 audit firms earned a whopping N6.4 billion in audit fees for the year…
All the major economic news from Nigeria in 5 minutes – 28/6/2017
Summary of the top business, economic and political news in Nigeria today. The African Development Bank (AfDB) has called on financial credit providers to increase lending to Micro, Small and…
Looks like these factors may have brought the bulls back
The Nigerian Stock Exchange closed on Wednesday, the first trading day after the holiday with a 1.67% pop. The snaps off a three-day losing streak which culminated in a 5%…
Unilever has revealed details of its rights issue, so we did a quick take on whether to buy, sell or hold
Unilever Nigeria Plc finally released details of its N58.8 billion rights issue on Wednesday, June 28. 2017. The company is offering 1.96 billion shares at a price of N30 per…
Experts Canvas Stiffer Penalties for Violence Against Women
In the face of increasing wave of sexual assaults and violence against women, government has been tasked on tougher legal punishment for offenders, to serve as deterrent. Admitting that some…
El-Zakzaky in Custody in Public Interest – Presidency
The Presidency says the leader of the Islamic Movement of Nigeria (IMAN), Sheik Ibrahim El-Zakzaky is not being detained in prison as being speculated but rather being kept by government…