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Discos vow to battle FG over takeover, restructuring
The receiver/manager’s nominee of Integrated Energy Distribution and Marketing Company on Wednesday said it was the legal and beneficial owner...
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Agusto & Co. Affirms Coronation Merchant Bank ‘A+’
Agusto & Co has affirmed the reputable A+ rating to Nigeria’s leading financial institution, Coronation Merchant Bank in its recently...
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MAN tackles CBN over N1tn low-interest loan
Manufacturing companies have said they cannot access loans at the Central Bank of Nigeria’s five per cent lending rate under...
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Bringing More Nigerians Under NHIS Coverage
23 years after the launch of the National Health Insurance Scheme by the federal government, available statistics indicate that less...
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SIM-NIN: 22 days after ban, Telcos lose N76bn, subscribers stranded
Telecommunication companies have lost about N75.78bn as subscribers struggle to link their National Identification Number to the Subscriber Identity Module,...
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Economic crisis worsens as forex inflows fall by $9.58bn
Foreign exchange inflows into the economy declined in the fourth quarter of 2021, owing to lower receipts from the Central...
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No Respite as Nigeria Expends Over N758bn on Petrol Subsidy in Three Months
By the time the Nigerian National Petroleum Company (NNPC) makes it projected N328 billion petrol subsidy deduction from the Federation...
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Mobile money, vehicle for driving financial inclusion – Adenuga
Tech entrepreneur and founder of VTel, a digital service provider offering e-commerce and value-added services, Mr Eniola Adenuga, says mobile...
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LIRS: No Extension of Deadline for Filing Individual Annual Tax Returns
The Lagos State Internal Revenue Service (LIRS) has announced that there is no plan to extend the deadline for filing...
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Banning Russian Oil Will Destabilise Energy Market, OPEC Tells EU
The Organisation of Petroleum Exporting Countries (OPEC) has told the European Union (EU) that global energy markets would be destabilised...
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NAICOM Sustains Drive to Meet Growth Target as Insurers Grows Assets by N1.17tn
The National Insurance Commission (NAICOM), is relentless in its efforts to achieve its target for insurance operators in the country...
Read moreNigerians spend $39.66bn on foreign education, medical tourism – CBN report
NIGERIANS spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central...
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116.46 million litres fuel lost in 2021, say NNPC reports Kindly share this story:
A total of 116.46 million litres of Premium Motor Spirit, popularly called petrol, valued at N18.88bn was stolen in 2021,...
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Nigeria may lose 170,000bpd as Shell, Agip declare force majeure
Nigeria’s revenue from crude oil now faces serious tension as Shell Plc and Eni parent company of Nigerian Agip Oil...
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Agusto & Co. affirms the ‘Aa-’ rating assigned to Access Bank Plc’s ₦15 billion 5-year Fixed Rate Senior Unsecured Green Bond
The rating expires on 31 December 2022. Agusto & Co. affirms the ‘Aa-’ rating assigned to the ₦15 billion 5-year Fixed Rate...
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MTN, Mafab to launch 5G soon as FG hands over spectrum to NCC
The National Frequency Management Council, an agency of the Federal Government, has handed over the 3.5GHz spectrum allocation for the...
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COVID-19: More Nigerians lose job, withdraw N30bn pension savings
The number of contributors who withdrew funds from their Retirement Savings Accounts, after losing their jobs, rose to 28,041 in...
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Lagos calls for patience over CMS-Marina rehabilitation
The Special Adviser to the Lagos State Governor on Central Business Districts, Mr Olugbenga Oyerinde, has appealed for patience and...
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Accelerex receives Augusto, GCR investment grade credit ratings
The Nigerian subsidiary of Accelerex Holdings Mauritius, Global Accelerex, has been assigned A- (stable outlook) credit rating by Agusto &...
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Nigeria businesses lose $29bn annually to poor electricity – World Bank
The World Bank on Wednesday said businesses in Nigeria lose about $29bn annually as a result of the country’s unreliable...
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Akinfenwa: Technology Has Changed Face of Advertising
Ayodotun Akinfenwa is a brand/marketing communications consultant, corporate trainer and the CEO at Lifestyle Hues Brand Consulting. Before starting out...
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Agusto & Co. has Released the 2021 Insurance Industry Report.
According to Agusto & Co’s newly released 2021 Insurance Industry report, the Nigerian insurance industry generated premiums of over ₦592...
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COVID-19 emergency overwhelms govt hospitals
• Oxygen Shortage Poses Threat In Isolation Centres • We Need A Combination Of Various Solutions To Stop Spread —NCDC...
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Hospitals won’t be able to handle serious COVID-19 cases soon — NCDC
The Nigeria Centre for Disease Control says the country is now reaching a critical level, adding that the hospital capacity...
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Trump Supporters Assault US Congress, Breach Democracy
•Certification of Biden’s win resumes after disruption •Pence to mob: you didn’t win Vice President Mike Pence returned to the...
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