Nigeria, others pushed global debt to $188tn – IMF
Total global debt rose by $3tn to $188tn at the end of 2018 as Nigeria, China and other countries increased...
Yuletide-induced demand jacks up food prices
While the impact of border closure may appear to be waning, festive-induced demand took a toll on food prices, as...
FIRS issues 7 days ultimatum to tax defaulters
The Federal Inland Revenue Service (FIRS) has issued a seven-day notice to tax defaulters, with a warning that it will...
Hyundai to set up car plant in Nigeria
Hyundai Engineering Company Limited said on Tuesday that it was on the verge of setting up a car plant in...
Index down 0.13 per cent as bears regain dominance on exchange
The bears upstaged the bulls at the end of yesterday’s transactions on the equities sector of the Nigeria Stock Exchange...
Agusto & Co appoints new CEO
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the appointment of Yinka Adelekan as its new Chief Executive...
Why Nigeria lost Category C slot
His forlorn look was explanatory enough. And as he stood up from the Nigerian Maritime Press Centre, Apapa, where he...
Buhari Signs 2020 Budget Today
Eleven days after the National Assembly passed the N10.594 trillion 2020 budget, President Muhammadu Buhari will today sign the 2020...
How 37m Nigerians will get BVN with phone number — CBN
The Central Bank of Nigeria (CBN) through the bankers committee has said it will introduce a reduced verification requirement of...
Dec 31 minimum wage negotiation deadline: Oyo, Rivers, Kwara, Gombe, others fail to raise panels
No fewer than eight state governments have yet to constitute committees on the new minimum wage negotiations, two weeks to...
LIRS Introduces e-Tax Platform
The Lagos State Revenue Service (LIRS) has introduced an e-platform portal to make the process of tax payment easier and...
Foreign reserves drop by $558.68m in two weeks
The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on...
How insurers’ N6 billion claims settlement in Q3 raised confidence
The modern insurance claims process is increasingly complex. More variables and data are constantly coming into play, but carriers must...
MTN showcases 5G with demo
MTN Nigeria has showcased its 5G network with a live demonstration. The new MTN 5G network is in partnership with...
Subsidy on petrol costs NNPC N1.2bn daily — PPPRA
Latest data from the Petroleum Products Pricing Regulatory Agency (PPPRA) indicates that petrol under recovery (commonly called subsidy) is now...
Refineries lost N111bn in nine months, says NNPC
The three refineries owned by the Federal Government lost a total of N111.27bn from January to September this year, the...
Market Opens Week on Positive Note as Bargain Hunting Lifts Stocks
argain hunting by investors pushed the stock market into the positive territory yesterday, as the Nigerian Stock Exchange (NSE) All-Share...
Buhari may sign 2020 budget on Tuesday
Barring any last-minute change, the President, Major General Muhammadu Buhari (retd.), is billed to assent to the 2020 Appropriation Bill...
Total pension assets rise to N9.8tn
The total assets under the Contributory Pension Scheme rose to N9.81tn as of the end of October, the National Pension...
Analysts review equity market outlook for 2020
The analysts, who spoke during this year’s edition of INVEST 2020 traders and investors summit, organised by Investdata Consulting Limited...
NASD OTC Woos PFAs, Engages ASHON on Market Deepening
The Managing Director/CEO of NASD OTC, the platform for the trading of unlisted securities, Mr. Bola Ajomale, has said efforts...
Bankers’ Committee tackles cyber risks as fraud statistics hit N18.94b
THERE are moves by the Bankers’ Committee, led by the Central Bank of Nigeria (CBN) to reduce the amount involved...
Dangote refinery’ll help Nigeria save $10bn forex — Minister
The Minister for Finance, Budget and National Planning, Mrs Zainab Ahmed, said on Sunday that the refinery being built by...
C&I Leasing raises N3bn bond, targets N66.34bn in 2023
C & I Leasing PLC, a financial leasing company, said at the weekend its ongoing N3.2bn right issue will be...
Equities Market Declines Further on Continuing Profit Taking
Trading at the stock market remained bearish last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) fell further...
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