Nollywood and Nigerian Music: Redefining the Industry through Digital Distribution
Over the last three years, the Entertainment Sector has evolved into a more important segment of the Nigerian economy, on...
Report: FG Generated N3.86trn Revenue in 2018, Expended N5.85trn on Recurrent Expenditure
The federal government’s recurrent expenditure (including statutory transfers) stood at N5.85 trillion in 2018, while total revenue earned same year...
New calibration aircraft to save Nigeria N305 million yearly
The newly acquired equipment calibration aircraft has been estimated to save Nigeria at least N305 million yearly. The aircraft, a...
Nine banks increase loans to customers by N952bn
NINE of the nation’s deposit money banks boosted their loan books in the first half of 2019 as credit to...
Crude-for-fuel deal on till 2023, says NNPC
THE crude-for-fuel swap deal will continue because the refineries are not functional, the Nigerian National Petroleum Corporation (NNPC), explained on...
Oil slips as US, China add more tariffs in trade war
Oil prices weakened yesterday after new tariffs imposed by the United States and China came into force, raising concerns about...
Experts want increased participation in debt capital market
With only three per cent adult patronage in the capital market, stakeholders have urged retail investors to patronise the debt...
Stock market begins September with N19bn gain
The equities market opened trading in September on a positive note as investors gained N19bn. Analysts at Afrinvest Securities Limited...
AfDB okays $20b for transport infrastructure
The African Development Bank (AfDB) has invested over $20 billion in transport infrastructure on the continent in the last one...
FG Shuts down Lagos-Ibadan Expressway Today
The federal government will today shut down a portion of the Lagos-Ibadan expressway partially for rehabilitation work to be carried...
CBN intervention to retail secondary market hits $13bn in 1yr
Data compiled by Daily Trust show that the Central Bank of Nigeria (CBN) has made interventions in the retail Secondary...
N7.9tr dirty notes: CBN’s deadline ends today
THE three-month deadline set by the Central Bank of Nigeria (CBN) for bank customers to deposit dirty naira notes in...
Lagos pays retirees N4.25bn in four months
Lagos State paid N4.25bn accrued pension benefits to its retirees under the Contributory Pension Scheme since the inception of the...
Petrol subsidy gulped N650.2bn in 12 months – Report
The Federal Government spent a total N650.2bn in subsidising Premium Motor Spirit; latest statistics obtained from the Nigerian National Petroleum...
SEC Begins Close Monitoring, Supervision of Capital Market Operators
The Securities and Exchange Commission (SEC) has begun a close monitoring and supervision of capital market operators in a bid to...
Recapitalisation: NAICOM seeks agencies’ support for insurers
The National Insurance Commission is engaging other regulatory bodies on how to assist the insurance companies to meet up with...
Apex bank rolls over N208.6b maturing T-bills
THE Central Bank of Nigeria (CBN) has rolled over N208.6 billion Treasury Bills across all maturities at the Primary Market...
UBA declares 20k interim dividend
United Bank for Africa Plc has announced its audited half year financial results for the period ended June 2019, showing...
Stock Market in Moderate Loss as Investors Adopt Cautious Trading
The free fall in stock prices moderated as the market went down marginally by 0.69 per cent in August compared...
Buhari welcomes investments from Japan Bank, Toyota Group
President Muhammadu Buhari on Friday welcomed the interest shown by the Japan Bank for International Cooperation and the Toyota Group...
Stock market reverses previous gains, as index plummets by 0.7 per cent
Following price losses incurred by most blue-chip stocks, the Nigerian Stock Exchange (NSE) closed on a downward note yesterday, as...
Guinness Nigeria Posts N5.5bn Profit, Declares N3.3bn Dividend
Guinness Nigeria, a leading beverage alcohol firm in Nigeria, yesterday reported a profit after tax (PAT) of N5.483 billion for...
Zenith Bank Unveils Education Loan for Children
Zenith Bank Plc has introduced the Zenith Children’s Account (ZECA) Education Loan, to assist parents pay their children/ wards school...
Sterling Bank Set for ‘Agriculture Summit Africa’
Sterling Bank Plc has finalised plan to organise an Agriculture Summit Africa in Abuja between 5th and 6th of September,...
Elumelu Charges Japan to Commit to Empowering African Entrepreneurs
The Founder of the Tony Elumelu Foundation (TEF) and the Chairman of the United Bank of Africa (UBA) Plc, Mr....
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