BUSINESS

The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends during the COVID-19 pandemic. The IMF Managing […]

The total value of capital importation into the country rose to $5.85 billion in the first quarter of the year (Q1 2020), representing an increase […]

Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising concerns of a possible hike […]

The number of the nation’s power plants sitting idle increased by three on Monday to 10, prompting generation to tumble below 3,000 megawatts. Total power […]

The Nigerian equities market attracted a total of N755.54 billion between January and April 2020, showing an increase of 32.7 per cent compared with N569.16 […]

Small and Medium Enterprises (SMEs) should reinvent themselves so as to remain competitive and overcome the challenges of the COVID-19 pandemic, the Managing Director of […]

The Federal Inland Revenue Service (FIRS) has extended the deadline for the submission of 2019 financial accounts reports under the Common Reporting Standard (CRS) to […]

PRIVATE oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered from the Petroleum Products Pricing Regulatory […]

The country’s foreign reserves which stood at $38.07bn at the end of 2019 fell to $34.9bn at the end of the first quarter of 2020. […]

Nigeria’s oil revenue is likely to decline by between 70 per cent and 80 per cent this year, representing between $15 billion and $17 billion, […]