Discos move to install six million meters
The 11 power distribution companies operating in Nigeria have commenced moves to install six million meters in the residents of...
CBN raises momentum in cash-less Nigeria project
The race for the national roll-out of cash-less policy in the country has gained additional momentum, as the Central Bank...
FG to auction long term bonds at 14 %
As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering five, 10 and 30...
Analysts Back Afreximbank’s Push for Foreign Reserves Domestication
Economic experts have supported the push by the African Export and Import Bank (Afreximbank) to mobilise part of the foreign...
MAN, NECA, experts task FG’s new economic team on fiscal, monetary policies
The Manufacturer Association of Nigeria (MAN), The Nigeria Employers’ Consultative Association (NECA) and some financial and economic experts yesterday lauded...
Relief for ship owners as NPA waves charges for dry-docking of vessels
Ship owners in the country have heave a sigh of relief as the Nigerian Ports Authority (NPA) waves dues on...
CBN imposes extra charges on cash deposits, withdrawals
Withdrawals and deposits of physical cash in Nigeria will now attract processing fees payable by individuals or corporate owners of...
Four banks generate N24.3bn from account maintenance charges
Between January and June 2019, four leading banks generated N24.3bn from account maintenance charged on their customers’ accounts, investigation has...
Abuja Trade Fair to Boost Financing for SMEs
The 13th edition of the Abuja International Trade Fair (AITF) will seek to stimulate Small and Medium Enterprises (SMEs) to...
FG constitutes task force to recover N5trn AMCON debt
The Federal Government has inaugurated an Inter-Agency Task Force in its bid to recover over N5 Trillion outstanding debts owed...
AIICO Insurance to create 16b new shares
AIICO Insurance Plc is arranging to increase its authorised share capital through the creation of 16 billion new ordinary shares...
PPPRA: Nigerians Increasingly Switching from Kerosene to LPG
The Petroleum Products Pricing Regulatory Agency (PPPRA) has disclosed that Nigerians are increasingly moving away from using household kerosene for...
NCC gets 10 days deadline to block 2m SIM cards
The Federal Government has given NCC up to September 25 to cut off 2.224million improperly registered SIM cards from telecom...
My wish for Nigeria, by Bill Gates
High level of poverty and inequality that exists in Nigeria Well, Nigeria is a super-important country and one that the...
Chinese investments in Nigeria’s real sector hit $3bn
As China marks 70 years of its establishment as a nation, and 48 years of diplomatic relations with Nigeria, the...
NPA wants ‘on-the-spot’ auction of overtime cargoes littering ports
Irked by the huge volume of overtime cargoes occupying valuable spaces in the port’s environs, the Nigerian Ports Authority (NPA)...
Dangote tomato processing factory shut down again
The Dangote tomato processing factory located in Kano is said to be idle at the moment. The Bloomberg reported that...
FBNQuest Trustees Records N6trn Transactions
FBNQuest Trustees has disclosed that its liquid trust assets under management (AUM) is in the excess of N40 billion and...
Unity Bank, Airtel Africa, others lead stock market’s N100b loss
Trading on the Nigerian Stock Exchange (NSE) reopened on a downturn yesterday, following losses suffered by most bluechip stocks, especially...
NNPC Agrees to $2.5bn Financing with Chinese Lender for Pipeline Project
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has disclosed that the corporation has...
Xenophobia: FG to evacuate 319 from South Africa Tuesday
No fewer than 319 Nigerians will be evacuated from South Africa on Tuesday. The PUNCH learnt on Sunday that arrangements...
Budgeting with inaccurate statistics hurts economy – NBS
The Chairman of the Board of National Bureau of Statistics (NBS), Dr. Kabiru Nakaura, has said that budgeting and planning...
Oil prices surge after attacks slash Saudi output
https://www.dailymotion.com/video/x7l818n Oil prices saw a record surge Monday after attacks on two Saudi facilities slashed output in the world's top...
174m telecom subscribers spent N261bn on airtime in August
About 174.7 million telecom subscribers in the country spent at least N261billion on airtime last month. ADVERTISEMENT This figure is...
Nigeria may get eight mega indigenous insurers post-consolidation
Like the 2004 banking sector consolidation that saw the emergence of mega banks, the June 2020 deadline for insurance sector...
Powered by Agusto & Co.