N/Assembly okays 7.5% VAT raise, others
The Senate and House of Representatives have agreed on the many provisions of the Finance Bill presented by President Muhammadu...
NEITI: FAAC Disbursement Hits N2.273tn in Q3 2019
The Federation Account Allocation Committee (FAAC) disbursed N2.273 trillion to the three tiers of government and other statutory recipients between...
FG, states, others share N2.27tn in Q3 2019
The Federation Account Allocation Committee disbursed N2.27tn to the three tiers of government and other statutory recipients from July to...
AfDB approves $210m projects for TCN
The board of the African Development Bank (AfDB) has approved $210 million for the implementation of the Nigerian transmission Expansion...
Court orders forfeiture of Saraki’s houses to FG
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the...
Lack of perimeter fencing stalls N60b Bayelsa airport operations
Inadequate perimeter fencing and attendant safety concerns were yesterday blamed for the current restrictions of commercial flight operations into the...
Sparring partners reportedly beat up Joshua in training
World Boxing News reports that Anthony Joshua has been in trouble once again when preparing for his rematch with Andy...
Lionel Messi Wins Ballon d’Or for Record Sixth Time
Barcelona forward Lionel Messi has won the Ballon d’Or award for the world’s best player for a record sixth time....
FG generates N876.09bn from VAT in nine months
The country earned a total of N876.09bn from Value Added Tax in the first nine months of this year, statistics...
‘Nigeria’s oil production is fully OPEC quota-compliant’
Nigeria, which has pumped above its OPEC quota for months to the ire of other members, brought down its crude...
Eland Shareholders Approve £382m Takeover by Seplat
Shareholders of Eland Oil & Gas Plc have given their backing to the £382 million takeover of the company by...
Broadband penetration hits 37.8% with 1.2 million new subscribers
Nigeria’s broadband penetration leaped by 2.47 percent between September and October with new 4.71 million subscribers, up from 67.5 million...
SEC Official Outlines Steps to Deepen Nigeria’s Capital Market
Realising the need to deepen the nation’s capital market, the Head, Economic Research and Policy Management Division, Securities and Exchange...
Millions of Nigerians at risk of heatwave – Report
A new report on climate change and its effects on humans says millions of Nigerians are at risk of heatwave....
CBN loan: How banks created N1.16trn credit in 6 months
In July 2019, the banking regulator, the Central Bank of Nigeria (CBN) set at least 60 percent minimum loan-to-deposit ratio...
LASG Gets Court Order to Auction 108 Forfeited Vehicles
The Lagos State Environmental and Special Offences (Enforcement) Unit has obtained a Court Order authorising it to auction 108 court...
Waltersmith Petroman Oil Wins Bid for Acquisition of Block in Equatorial Guinea
Following a competitive bidding process in Equatorial Guinea’s 2019 licensing round (EGRONDA 2019), Waltersmith Petroman Oil Limited, Nigeria’s leading integrated...
UNIDO’s $60m programme’ll boost Nigeria’s industrialisation, says FG
The Federal Government has said that the new UNIDO Country Programme (2018-2022) will help Nigeria to achieve Inclusive and sustainable...
FMDQ weekly report
Commentary on the Foreign Exchange (FX) market with data for the week ended November 29, 2019. (Invisibles) segments. ▪ In...
CBN’s Monetary Policy Lifts Stock Market by N204bn in November
The Nigerian stock market rebounded in November as the decision by the Central Bank of Nigeria (CBN) to restrict individuals...
Arsenal sacks Unai Emery
Arsenal Football Club on Friday announced the sacking of its manager Unai Emery due to results and performances. “Our most...
Yuletide: Domestic flight tickets rise by 100%
Ahead of the Christmas period, domestic flight tickets have risen by over 100 per cent in the last two weeks....
Ronaldo Tipped to Snub Ballon d’Or Ceremony
The organisers of the Ballon d’Or ceremony next month face a ‘problem’ on convincing Cristiano Ronaldo to attend this year’s...
Astana stun United youngsters in Europa League
Kazakh champions Astana fought back to surprise a youthful Manchester United 2-1 in the Europa League on Thursday. Captain Jesse...
Emery reaches breaking point as Arsenal crash in Europa League
Unai Emery’s future as Arsenal coach was plunged into further doubt on Thursday when the Gunners slumped to a 2-1...
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