Nigeria, June 15 -- Civic tech organisation BudgIT has raised concerns about the Nigerian Government's 2026 budget, calling it "ambitious, but unrealistic" and unviable. The organisation noted in a s... Read More
Nigeria, June 15 -- Nigerian stocks added 0.9 per cent last week, recovering from the depreciation it recorded penultimate week, supported by increased investors' interest in bank and oil & gas stocks... Read More
Nigeria, June 12 -- The reforms pursued by the current administration since its inauguration have restored stability and credibility to economic management, President Bola Tinubu said Friday. "Federa... Read More
Nigeria, June 9 -- Oil driller Seplat Energy has announced the appointment of business tycoon and chair of United Bank of Africa, Tony Elumelu, as its new chairman. Mr Elumelu is also the current chai... Read More
Nigeria, June 9 -- Mid-tier lender FCMB Group reported on Monday a 147.7 per cent lead in net profit to the highest level on record, supported by a remarkable improvement in interest income, its prima... Read More
Nigeria, June 8 -- Nigerian stocks depreciated last week, after a fragile recovery in the penultimate week, dropping by 3.1 per cent as sell pressure across the sectors, notably oil & gas and industri... Read More
Nigeria, June 4 -- Abbey Mortgage Bank has secured regulatory go-ahead from the Central Bank of Nigeria (CBN) to proceed with its planned conversion to a regional commercial bank, the mortgage lender ... Read More
Nigeria, June 3 -- Nestoil Limited has engaged in a verbal clash with Abubakar Sulu-Gambari, the receiver/manager appointed over the company and Neconde Energy in respect of an alleged debt default. ... Read More
Nigeria, June 2 -- The Supreme Court of Nigeria has set aside an order issued by the Court of Appeal, freezing the assets of Neconde Energy and Nestoil Limited as well as those of their principal prom... Read More
Nigeria, June 1 -- Nigerian stocks reported a modest gain last week, appreciating by 0.3 per cent as the market only ran limited trading sessions on account of the public holidays commemorating Eid el... Read More