Insurers settled N207.4b claims in 2018
Underwriters may have settled claims worth N207.4 billion to policyholders, who suffered losses in 2018, as operators recorded increase in...
FG to offer N150bn bonds November 20
The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on November 20....
Treasury Bills Rates Drop to Three-year Low
The Nigerian Treasury Bills (NTBs) rates have dropped to single-digit at the end of yesterday’s primary market auction (PMA). Analysts...
VAT hike: Reps pass bill for second reading
The House of Representatives has passed for second reading the Finance Act (Amendment) Bill, a component of which seeks to...
AfDB Group Becomes AFC Shareholder
The Africa Finance Corporation (AFC) yesterday announced that the African Development Bank Group (AfDB) has invested $50 million in the...
Senate wants textile imports banned for five years
The Senate on Tuesday appealed to the Federal Government to ban importation of textiles for a period of five years...
Outrage Greets Senate’s Death Penalty for Hate Speech
The Senate came under fire yesterday for proposing the Hate Speech Prohibition Bill, which seeks to criminalise the offence with...
FG pressures China on $5.8bn loan for Mambilla power project
The Federal Government is mounting pressure on the Chinese Embassy to ensure that the Chinese Export Import Bank (EXIMBANK) releases...
Robotics, AI, block-chain to disrupt banking sector, says Emefiele
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said rapid automation and technological innovations over the past...
Customs impounds N68.85m worth of frozen food at Lagos airport
The Nigeria Customs Service (NCS) yesterday disclosed the seizure of two consignments of frozen foods valued at about N N68.85...
CBN advances N610.4bn loans to farmers
The Central Bank of Nigeria has released a total of N610.4bn to the banks for farmers under the Commercial Agricultural...
Rice producers to support border closure with price slash
In response to the Federal Government’s plea for farmers not to take advantage of the current border closure, producers of...
All-Share Index Rises 0.54% as Market Opens on Bullish Note
Trading at the stock market resumed yesterday on a positive note as Cement Company of Northern Nigeria (CCNN) Plc led...
‘Every additional tax, charges slow airlines, aviation growth’
The International Air Transport Association (IATA) yesterday warned Nigerian and other African governments that additional taxes and charges would further...
NEITI: Why Oil Theft in Nigeria May Not End Soon
The Nigeria Extractive Industries Transparency Initiative (NEITI) has given possible reasons why widespread theft of Nigeria’s crude oil and refined...
Cooking gas depots run dry, operators await vessel
Against the backdrop of the drop in the supply of Liquefied Petroleum Gas, popularly known as cooking gas, most depots...
Stakeholders seek investors to Nigeria’s N1.85tr gold market, mining sector
Citing the untapped potential of Nigeria’s Gold market, stakeholders in the value-chain have sought increased involvement of investors in the...
Ghana to Spur Oil Production
Ghana plans to revise its laws on oil and gas licences in an effort to spur production and will revoke...
Halima heads operations at Dangote Group
Halima Aliko Dangote has been appointed as the Group Executive Director, Commercial Operations of Dangote Industries Limited (DIL), one of...
AfDB, investors plan to close $67bn deals
Investors and partners of the African Investment Forum are working on closing investment transactions worth $67bn at the second edition...
Experts urge investors to patronise dividend-paying stocks
Investors have been urged to target fundamentally-sound and dividend-paying stocks, to reposition for future capital appreciation, especially in the 2019...
Zenith Bank, Best Digital Bank, Says Agusto & Co
Zenith Bank Plc has emerged as the best digital bank in Nigeria in the 2019 Consumer Digital Banking Satisfaction Index...
Investors’ wealth plummet further by N18 billion
The bears further strengthened their hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, following selloffs on...
Banks generate N675.9bn non-interest income in 9 months
A total of six banks generated N675.9bn from non-interest income in the first nine months of the year, an increase...
Consolidated Hallmark Insurance Grows Nine Months’ Profit by 56% to N659m
Consolidated Hallmark Insurance (CHI) Plc has recorded impressive results for the nine months and is getting ready to raise additional...
Powered by Agusto & Co.