Investors flee Nigerian stocks as FDI, FPI dip

Total domestic and foreign portfolio investment (FPI) transactions as at 31 July 2020, decreased by 19.92% from N128.88…

With nowhere to invest, Nigerians keep N36trn in banks low yield assets

Nigeria’s low-interest-rate environment for savings and investments is eroding trillions of Naira in value for Nigerians…

NLC, aviation unions threaten to shut down all airports over FG’s concession plans

The Nigerian Labour Congress (NLC) and aviation unions temporarily shut down airport operations as they protested…

FCCPC opens investigation into unfair dealings in Pay TV industry

The Federal Competition and Consumer Protection Commission has opened an investigation into the conduct of dominant…

AIB releases update on Lagos air crash…says chopper certified to fly

Accident Investigation Bureau Nigeria (AIB-N) on Tuesday released an update on the fatal accident involving Bell…

Adesina sworn in for second term as AfDB president

President of the African Development Bank, Dr Akinwunmi Adesina, has been sworn-in for the second term…

Electricity tariff increase takes effect Sept 1 – NERC, Discos

In a surprise move, the Nigerian Electricity Regulatory Commission has approved an increase in electricity tariff…

Fani-Kayode demands N6bn from Daily Trust for ‘defamation’

  A former Minister of Aviation, Femi Fani-Kayode, has demanded that the management of Media Trust…

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