Equities Investors Excited as Market Gains N471bn in Three Days
Equities market are having a good time as the market has gained N471 billion in three days following renewed demand...
FG Currently Reviewing Agricultural Policy, says Minister
The Minister of Agriculture and Rural Development (FMARD), Alhaji Muhammad Sabo Nanono has revealed that the federal government is currently...
NSE’s Capitalisation to Get N1.2tr Boost as BUA Cement Lists Shares
The Nigerian Stock Exchange (NSE) will today list the shares of BUA Cement Plc, which is a product of the...
Foreign reserves drop to two-year low at $39.84b
The foreign exchange reserves have hit two-year low at $39.84 billion, an Economic Report by Financial Derivatives Company Limited, has...
Lagos plans tax expansion to fund N1.17tn budget
The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. ...
Stock investors gain N720bn in eight days
Equity investors have counted gains totalling N720bn as the stock market extended its gaining streak to the eighth consecutive day....
Nigerian Stock Exchange delists AG Leventis
The Nigerian Stock Exchange (NSE) Tuesday delisted AG Leventis (Nigeria) Plc, closing more than four decades of public listing at...
NSE grants delisting approval to Continental Reinsurance
The Nigerian Stock Exchange says it has granted Continental Reinsurance approval to delist. The NSE said in its Listings Report...
Tariffs on data, voice calls may go up
Telcos may have no choice but increase tariff for voice calls and data over the decision of 14 state governments...
NAICOM to digitalise all insurance operations in 2020
The portal is also expected to not only digitalise all NAICOM operations but will also require that all industry operators...
North America, Mexico suffer $44b loss to forex
At a time when the global economy is slowing and trade wars are raging, currency volatility is a critical way...
Iran-U.S. tensions push oil price above $70/barrel
Some international relations experts yesterday said the biggest impact of Soleimani’s death so far, which is the surge in oil...
Buhari orders Ministry to drive economic growth
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Monday said President Muhammadu Buhari has given the ministry...
Economic outlook projects 5.3% return for equities in 2020
Latest Nigeria’s economic outlook has projected that the equities market would likely return at +5.3 per cent, driven by local...
CBN releases guidelines on Nigerian payment system risk
The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide...
Nigeria eyes 22m tons of maize
The Maize Farmers Association of Nigeria (MAAN) is targeting 22 million tons of corn production this year. Its President,...
Despite electricity tariff hike, FG to fund N545bn shortfall
Electricity distribution companies in the country will record a tariff shortfall of N545bn this year, an analysis of data obtained...
S’Africa’s Eskom Extends Power Cut
South Africa’s struggling state power firm Eskom said on Sunday that it would extend electricity cuts until Monday. Eskom...
PenCom plans pension bonds to clear N400bn arrears
The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of...
2019 issues shaping 2020 economic potential
For decades, Nigeria’s economic outcome in each year has never failed projections and expectations that were based on the activities...
We saved N700bn through TSA, whistle-blowers, reforms – FG
Through the implementation of various public sector financial management reforms, over N700bn had been saved by the Federal Government. In...
Lekoil secures $184m for Ogo oil field project
Lekoil Limited, an exploration and production (E&P) company, has secured $184 million for the appraisal drilling and initial development programme...
Repositioning NSE for contribution to 2020 growth plans
It is widely agreed among analysts that the reforms on the Nigerian capital market since the global financial crisis have...
Hope of Recovery Rises as Stock Market Gains N267 Billion
The Nigerian equities market gained N266.6 billion last week, thereby raising hope that the market will recover in the new...
Subscribers leaving mobile service providers rise by 216%
The number of subscribers leaving their mobile telecommunications service providers for other mobile networks increased by 216.09 per cent within...
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