The Nigerian bourse lost N 26 billion of its market capitalization today as the All Share Index retreated 0.41% to close at 20,790.87. The general activity in the market saw a decline today as the volume traded...

Stanbic IBTC Money Market Fund, a fund managed by Stanbic IBTC Asset Management Limited has received an AA(f) rating by Agusto & Company. According to the ratings firm, the rating denotes a fund with “minimal exposure to...

The Federal Government in a bid to increase the competitiveness of Nigeria as a business destination is taking steps to reduce the cost and time involved in starting a business in Nigeria. According to a recent World...

The Monetary Policy Committee held their first meeting of 2012 in Abuja yesterday and resolved to leave the key lending rate unchanged at 12%. Commenting on the global economic situation in a press release on the CBN’s...

The Lagos State government will begin replacing old license plates with the new license plates on Thursday. The Motor Vehicle Administration Agency (MVAA) has said that it has cleared its backlog of requests for the new license...

After much controversy centering on allegations of corruption and impropriety, the Federal Government has terminated the contract awarded to Single Window Systems and Technology Limited. The contract which allowed for a sole submission point for importers and...

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG)  commenced a nationwide strike, yesterday, that could disrupt fuel distribution nationwide if not resolved quickly. Petroleum tanker drivers yesterday stopped lifting fuel from storage in response to...

Former Nigerian Bar Association (NBA) president, Olisa Agbakoba is championing a new legislation to boost the fortunes of the indigenous Aviation industry. The Fly Nigeria Act is a bill put before the National Assembly that may soon...