29 persons with HIV died during Abalaka’s treatment –Govt
The Federal Government will not be able to partner popular surgeon, Dr Jeremiah Abalaka, as regards finding a cure to...
Border closure: Prices of rice, eggs skyrocket in October – NBS
The average price of one kilogram of imported high quality rice (sold loose) increased by 3.08 per cent to N382.57...
SEC Chairman Seeks More Cooperation from Stakeholders
The Chairman of the Board of the Securities and Exchange Commission (SEC), Mr. Olufemi Lijadu, wednesday called for more cooperation...
FEC approves N200bn loan for Bank of Industry
The Federal Executive Council (FEC) has approved the issuance of a Sovereign Guarantee of 500 million Euros (N200bn) from the...
FG, states record N352b shortfall in revenue target as fiscal crisis persists
The Federal Government and the state of the federation missed their respective revenue targets gain for the month of October,...
Nov FG bonds oversubscribed by N102.35bn
The FGN bond auction by the Debt Management Office which took place on Wednesday was oversubscribed by N102.35bn. The DMO...
NSE gets recognition for CSR
The Nigerian Stock Exchange says it has received the ‘Best Corporate Social Responsibility Initiative’ and the ‘Capital Market In-House Team...
Brazil Proposes $1bn Support for Nigeria’s Agribusiness
Brazil said it has set aside $100 million for the promotion of agribusiness finance in Nigeria and is ready to...
AfDB seals $250m deal for region’s trade financing
African Development Bank (AfDB), in its push to facilitate inter and intra Africa trade, and reduction of trade financing gap...
Stock market shrugs off bearish sentiment, gains N41bn
The equities market has shrugged off bearish sentiments, gaining N23bn on Tuesday and N18bn on Wednesday as 24 stocks climbed,...
N1tr wasted on constituency projects, says Buhari
President Muhammadu Buhari yesterday said N1 trillion had been spent on constituency projects in 10 years with no direct bearing...
NNPC spends N1bn daily, petrol subsidy hits N19.37/litre
Data obtained from the Petroleum Products Pricing Regulatory Agency on Tuesday showed that the Nigerian National Petroleum Corporation was subsidising...
Tottenham Appoint Jose Mourinho as Manager
Tottenham have appointed Jose Mourinho as their new head coach. In a statement on their website, Tottenham wrote; “We are...
Complaints over banking fraud, ‘agressive’ charges, others hit 1,612
Despite public outcry, the spate of inexplicable charges associated with banking in the country remain on the upswing, as a...
Electricity: Govt’s N1.5tn intervention ineffective, unsustainable says AfDB
Government’s intervention in Nigeria’s power sector has not only been ineffective but also unsustainable, the African Development Bank has said....
Samsung Galaxy Fold launched in Nigeria
The revolutionary Samsung Galaxy Fold has been launched in Nigeria. The Galaxy Fold is infused with an integration of tablet...
NPA earmarks N202 billion for 2020 operations
The Nigerian Ports Authority (NPA), has proposed and defended a budget of N202 billion it intends to spend for the...
CBN recorded $11.69bn forex inflow in Q3
Central Bank of Nigeria says it recorded a total of $11.69bn foreign exchange inflow in the third quarter of 2019....
Every investor wants to put money in Nigeria — ExxonMobil boss
There is no investor who does not want to invest in Nigeria’s oil and gas sector, the Chairman and Managing...
Taking Advantage of Bear Market
It is less than two months to the end of 2019 and the Nigerian equities market is on its way...
AMCON Takes over Ex-minister’s Assets Over N1bn Debt
Following the order of Hon. Justice Chuka Austine Obiozor of the Federal High Court, Lagos, the Asset Management Corporation of...
Underwriters target higher premium in 2020
The nation’s underwriters are optimistic that the industry would make more premium income from Group Life Insurance business in Year...
Nigerian Banks’ N43.7tn Total Assets Low, Says Soludo
A former Central Bank of Nigeria (CBN) governor, Prof. Chukwuma Soludo, has said that the total size of Nigerian banks’...
Untamed food prices dash hopes of Central Bank’s rate cut
Any remaining hopes of an interest rate cut by the Central Bank of Nigeria (CBN) in the near term have...
Inflation rate rises to 11.61% in October – NBS
Inflation rate rose by 11.61 percent in October 2019, being 0.36 percentage points higher than the 11.24 percent recorded in...
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