DEREGULATION: Fuel price to be reviewed April 1 — PPPRA
In a move signalling possible deregulation of the downstream sector, the Petroleum Products Pricing Regulatory Agency, PPPRA, yesterday, said that...
Covid-19: Aviation industry to lose N160bn, 22,200 jobs
• Air Peace suspends Liberia, Senegal flights • FG may restrict international flights to Lagos, Abuja The disruption to air...
Oil rises to $28 as Trump considers intervention
The international oil benchmark, Brent crude, halted its losing streak on Thursday, trading around $28 per barrel as the United...
Lagos explosion: Residents condemn FHA boss’ takeover comment
• We’ll bring succour to victims – Buhari • Reps to support N2bn relief fund SOME residents of the community...
Coronavirus: Mother, baby, three others test positive as cases rise to eight
American contact of Ekiti case dies, Nigerian companion tests negative Govt faces tough task, traces 800 contacts North-West, Kwara close...
N200m Micro finance bank recapitalisation plan’ll kill MSMEs, SMEs –Lawson
The Federal Government has been charged to prevail upon the Central Bank of Nigeria (CBN) to back down on the policy...
Oil price sinks to $24, lowest in 17 years
The price of Brent crude, the international benchmark, tumbled on Wednesday to the lowest level in 17 years as global...
FG slashes budget by N1.5tn, reduces benchmark to $30
The Federal Government on Wednesday announced a slash in the 2020 budget by N1.5tn as part of measures to respond...
Redstar Express Raises N1.34 Billion to Boost Operations
Red Star Express Plc has successfully raised N1.347 billion from existing shareholders through the rights issue of 336,855,291 shares of...
SEC begins new investors’ identification regime
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC), will on April 1, begin enforcement of a new investors’...
Coronavirus: CBN slashes interest rates on intervention funds to 5%
The Central Bank of Nigeria (CBN) has dropped interest rates on all its intervention funds from 9 percent to 5...
Airlines risk collapse, seek bail-out funds over covid-19 losses
Major carriers are now at risk of collapse over disruption in-flight services and regional restrictions on account of the coronavirus...
Zenith Bank okays N87.9b dividend
Shareholders of Zenith Bank Plc yesterday, at the 29th Annual General Meeting of the Bank, held at the Shehu Musa...
Togo, Niger, Benin owe Nigeria N30bn for electricity
The Republics of Togo, Niger and Benin owe Nigeria a total of N29.97bn for the electricity supplied to them from...
FG suspends $3.3bn Eurobond issuance
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Monday disclosed that the Federal Government had suspended...
More pain for Nigeria as oil sinks to $29
With the international oil benchmark, Brent crude, falling below the $30 per barrel mark on Monday, the oil-dependent Nigerian economy...
Julius Berger Posts N8.7bn Profit, Declares N3.6bn Dividend, Bonus Share
Shareholders of Julius Berger Nigeria Plc are to receive dividend and bonus shares for the financial year ended December 31,...
Selloff persists in equities market as index plunges further by 0.12%
Despite price gains that outweighed losses, the Nigerian equities market reopened the week on a downturn, causing the All-Share index...
‘Coronavirus outbreak is no longer threat for Africa’
The coronavirus outbreak is no longer a threat for Africa, it is now a reality as more and more countries...
Visa-on-arrival issuance drops by 39.8%
The number of visas on arrival issued at the Murtala Muhammed International Airport, Lagos in the last one month has...
Insurers’ assets to grow by 26.5% –Report
A report by Agusto&Co, a Pan African Credit Rating Agency and provider of industry research has anticipated a 26.5 per...
How 15 died in Lagos explosion
Amid horrid reminiscences of the January 27, 2002 bomb explosion in Lagos State, which occurred on a Sunday, panic and...
Shell lists operational challenges in Nigeria
Global oil giant, Shell, has identified insecurity, legislative issues and poor infrastructure as some of the problems confronting its operations...
More Countries Tighten Control as Coronavirus Kills 6,000
Christopher Isiguzo in Enugu, Chinedu Eze, Martins Ifijeh in Lagos and Adedayo Akinwale in Abuja More than 164, 000 people...
Oil crash: Nigeria may lose $8.63bn in six months
Nigeria’s economy may slide into another recession as the sudden crash in crude oil prices is set to wipe $8.63bn...
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