The Federal Government said that the country has attained self-sufficiency in Barite production and will no longer need to import the mineral from October this year. Barite is a mineral that is used in the oil and gas industry. Nige...
The Enugu Electricity Distribution Company (EEDC) said that it has recorded over 20 cases of vandalism across the South-East between February and March, 2022. Head of Corporate Communication, EEDC, Emeka Eze disclosed this on Friday...
Chinese sci-tech innovation information provider PatSnap, on Wednesday, launched a database focusing on tracking global new drug updates. It will also provide information services for Research and Development (R&D) decision-makers of...
Equity trading returned to the green zone following some buy pressure as investors scrambled for the shares of ETI (+1.69%) and MTN (+1.45%). Thus, the ASI grew by +0.13% to close at 46,904.48 basis points, which represents a 61.39 bps g...
The Horasis-Nigeria Project has announced its readiness to launch a one million membership-based community to strategically support local and global dominance of "Designed in Nigeria" innovations. Dr. Noel Akpata, the...
The disparity in the different exchange markets continues to widen as rates reflect the volatile state of the Nigerian monetary sector and, to a large extent, the economy. The naira has remained stable in the black market as it exchanges...
Sell pressure continued its dominance of trading yesterday as the ASI fell by -0.11% following a drop in ACCESS (-1.95%) and ZENITHBANK (-1.27%) share values. Thus, the ASI closed at 46,843.09 basis points, which represented a decline of -5...
The Federal Government has said that it remains committed to articulating policies that will attract responsible, inclusive, balanced and sustainable investments into the country. The Permanent Secretary, Federal Ministry of Industr...
The Central Bank of Nigeria (CBN) has said that it has disbursed N948 billion to 4,478,381 smallholder farmers, to upscale food production in the country. The CBN Governor, Godwin Emefiele disclosed this in Ado-Ekiti while deliverin...
Equity trading on the floor of the domestic bourse opened on a bearish note following sell pressure witnessed on ZENITHBANK (-2.28%) and FIDELITYBNK (-0.61%) shares. As a result, the all-share index fell by -0.13% to close at 46,898.23 basi...
An Abuja-based stockbroker, Kayode Olayemi, has urged Nigerians to invest in Federal Government of Nigeria (FGN) securities, to guarantee a decent return on their investments. Olayemi, who is the Head, of Business Development, CSL S...
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Monday in Abuja inaugurated the Trade Policy of Nigeria Review Committee (TPNRC). The minister said that the committee would mark a significant path on how Nigeri...
TAJBank Nigeria has advised banks to invest in critical IT infrastructure to guarantee security of customers data and delivery of real time services. Hamid Joda, the Managing Director/Chief Executive Officer of the foremost non-interest ...
ExxonMobil the oil giant from the United States of America has concluded plans to start bitcoin mining in Nigeria. According to ripplesnigeria, ExxonMobil’s NGL Industry Outlook Advisor, Eric Obrock, had suggested Bitcoin Pro...
Charles Molapisi is to take over as the new CEO of MTN South Africa effective next month. This news comes after a notification of his resignation as a non-executive director of MTN Nigeria was sent to the Nigerian stock exchange. A r...