Business
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
CBN releases $3.5bn for foreign education under Buhari
Data obtained from the website of the Central Bank of Nigeria on Sunday revealed that Nigeria’s educational sector suffered massive...
Read more
Naira redesign: CBN directs banks to accept deposits beyond cashless policy limit
As part of efforts to ensure full compliance with the Naira redesign deadline, the Central Bank of Nigeria (CBN) has...
Read more
Telcos, banks to collect VAT on taxable supplies
MTN, Airtel and deposit money banks in Nigeria have been appointed by the Federal Inland Revenue Service to withhold or...
Read more
Marketers say tough times as petrol hits N200/litre
The cost of Premium Motor Spirit, popularly called petrol, has risen to as high as N200/litre at depots, which means...
Read moreCBN plans Naira redesign to counter counterfeiting, kidnapping
The Governor, the Central Bank of Nigeria, Godwin Emefiele, announced on Wednesday that the bank would release re-designed naira notes...
Read more
Breaking: CBN redesigns Naira
The Governor, Mr. Godwin Emefiele, who announced this at a press briefing in Abuja, said the exercise would affect the...
Read moreFuel scarcity grounds Lagos, Ogun, Abuja, commuters stranded
Petrol scarcity hit different parts of Nigeria on Tuesday, forcing motorists to spend hours at filling stations while battling to...
Read moreNigeria loses three million oil barrels monthly – FG
The Federal Government on Monday revealed that its latest findings showed that about 1.2 million barrels of crude oil was...
Read more
External debt rises to $40bn under Buhari
Nigeria’s total external debt has risen from $10.32bn on June 30, 2015, to $40.06bn as at June 30, 2022. This...
Read more
Airfares rose by 96.87% in one year – NBS
The National Bureau of Statistics has stated that air transportation rose by 96.87 per cent in one year. In its...
Read more
Stock investors lose N1.7tn in one week
Investors lost N1.7tn at the end of trading on the floor of the Nigerian Exchange Limited last week, following major...
Read more
Budget deficit: Govt may sell TBS, NIPPs, 25 key assets
Amid Nigeria’s fiscal crisis, the Federal Government is compiling the list of assets that will be either sold or ‘concessioned’...
Read more
Obajana: Kogi Drags Dangote Group to Court
The Kogi State Government on Tuesday commenced legal action to reclaim ownership of former Obajana Cement Company which is now...
Read more
Fed Govt to pay CBN’s N20tr overdraft with treasury bills
The Federal Government has opted to repay its N20 trillion loans advance or overdraft with the Central Bank of Nigeria...
Read more
OPEC decision on oil production cut, unanimous – FG
The Federal Government on Tuesday said the decision by the Organisation of Petroleum Exporting Countries to cut two million barrels...
Read more
Finance minister recommends more taxes to reduce Nigeria’s debt burden
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed yesterday insisted that only the collection of more taxes...
Read more
Inflation peaks mildly as flood sounds food crisis alarm bell
The September Consumer Price Index (CPI) reading points to a slower inflation rise, but experts have dismissed the data as...
Read moreLimited Investible Options: An Impediment to a Potentially Bullish Industry
The pension fund asset size increased by 628% over the last decade, reaching 14.27 trillion as of 30 June 2022. This...
Read moreFG reopens Dangote Cement, parties to continue talks
The Dangote Cement Plant located in Obajana, Kogi State, has been reopened after being closed by the Kogi State Government...
Read more
Forex policy widened exchange gap by N300 – ABCON
The President, Association of Bureau De Change Operators of Nigeria, Aminu Gwadabe, has said the unorthodox foreign exchange policy of...
Read more
NNPC, PTI to deploy anti-theft systems on pipelines
The Nigerian National Petroleum Company Limited and the Petroleum Training Institute are to install anti-theft integrated monitoring systems on pipelines...
Read moreCBN risking financial instability with rate hikes — IMF
The International Monetary Fund has warned that Nigeria and other emerging economies risk financial stability by continuously raising benchmark interest...
Read more
FG Issues Lagos Approval Letter on Proposed Lekki-Epe International Airport
The federal government approval recently granted the Lagos State Government to embark on the development of a passenger and cargo...
Read more
‘Pension funds earns 20% from infrastructure investment’
The Managing Director and Chief Executive Officer, Sigma Pensions, Mr Dave Uduanu, has said Pension Fund Administrators’ investments in infrastructure...
Read more
Nigeria’s refineries lose 218 workers, post N69bn loss
The number of workers at Nigeria’s refineries fell by 218 within a year, while the facilities posted a cumulative comprehensive...
Read more
Powered by Agusto & Co.