Ogun Rejects Commercial Motorcyclists
The Ogun State government has said that its doors would not be opened to accommodate commercial motorcyclists whose operations were...
House Pledges Assistance to Service Chiefs to End Insurgency
Less than one week after the House of Representatives urged President Muhammed Buhari to remove service chiefs for worsening insecurity,...
‘I’m proud as first Nigerian to play for Man. Utd’
Odion, great to see you. You’ve admitted before that you’ve long dreamed of joining United, so how does it feel...
States’ IGR hits N986.29bn in 9 months – NBS
The Internally Generated Revenue (IGR) of the 36 states and the Federal Capital Territory (FCT) rose to N986.29 billion by...
CBN targets $12 billion in export trade by 2024
The Central Bank of Nigeria (CBN) has disclosed plans to improve its agenda to diversify the nation’s economy from the...
Notore Posts N8.2bn Revenue, N2.04bn Operating Profit in Q1
Notore Chemical Industries Plc has recorded a N2.04 billion operating profit in the first quarter(Q1) ended December 31, 2019, which...
Oil prices jump after reports on coronavirus drug
Oil prices jumped by four per cent on Wednesday on media reports that scientists had developed a drug against the...
Capital market beset by rising unclaimed dividend, loss of shares
The incidence of unclaimed dividend remains one of the perennial issues that continued to rear its head in Nigeria’s capital...
NSE All-Share Index Sheds 1.2% on Continuing Bearish Trading
Profit-taking at the stock market continued wednesday driving the Nigerian Stock Exchange (NSE) All-Share Index (ASI) by 1.19 per cent...
Investors shift to penny stocks as decline continues
Investors appeared to be making strategic shift to dividend-hunting among low-priced stocks as the bearishness at the Nigerian equities market...
Protests as Senate ignores AGF, okays N238.15b for customs
It was a session marked by protests in the Senate yesterday as the upper chamber approved N238.15 billion budget for...
In Landmark Agreement, US to Return $308m Abacha Assets for Infrastructure
The Government of Jersey, the Federal Republic of Nigeria and the Government of the United States of America have entered...
FG approaches China for $17bn loans
The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It...
African Alliance Insurance Grows Gross Premium Written by 45%
African Alliance Insurance, has recorded a 45 per cent jump in its gross premium written to N7.5 billion for the...
Consolidated Hallmark Insurance to raise N1.06b from shareholders
Consolidated Hallmark Insurance Plc plans to raise about N1.06 billion in new equity funds from existing shareholders as the insurance...
Africa’s informal sector most difficult to tax — Nami
The Chairman of the Federal Inland Revenue Service (FIRS), Muhammed Nami, said yesterday that the informal sector in Africa’s economies...
Challenges loom for Nigeria as OPEC may cut 500,000bpd
There are indications that Organisation of Petroleum Exporting Countries (OPEC), and its allies, especially Russia, will further cut oil supply...
Banks recover N39.4bn non-performing loans from ICT sector
Nigerian banks recovered N39.4bn non-performing loans from its debtors in the Information and Communications Technology sector in one year. As...
NSE, SEC Enhance Capacity for Efficient Derivatives Market
In a bid to ensure an efficient derivatives market, the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission...
18 states worse hit by poverty, says AfDB
Poverty rate in more than half of the 36 states of the nation is above the national average of 69...
Investor stakes N50bn on revival of textile industry in S/West
In furtherance of the federal government policy directing military and para-military personnel to source their uniforms locally, a cotton processor,...
Budget under threat as oil sinks to $54
The international oil benchmark, Brent crude, plummeted to its lowest level in more than a year on Monday, trading below...
Coronation Merchant Bank gets new MD
THE Board of Directors of Coronation Merchant Bank Limited has announced the appointment of Banjo Adegbohungbe as the bank’s Acting...
Consolidated Hallmark Insurance Applies to Raise N1.057bn Capital
Consolidated Hallmark Insurance Plc (CHI) has applied to raise about N1.057 billion from shareholders via a rights issue, as part...
Federal Govt to pay N272.9bn maturing bonds
The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the...
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