Economy
MyKab brightens Lagos e-hailing taxi business
Tajudeen Adegbaju has invested about 30 years into commercial taxi service in Lagos, but he said he is thinking of...
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FG Marks National Identity Day
The Federal Government is marking the National Identity Day on Wednesday, September 16 (16.9), a day set aside by countries...
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AMCON takes over firm’s assets over N4b debt
The Asset Management Corporation of Nigeria (AMCON) has taken over assets of Mr Frank Okwudili Ezuma and his wife Lilian,...
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All-Share Index Rises as Equities Market Opens on Positive Note
The Nigerian stock market opened for the week on a positive note as the Nigerian Stock Exchange (NSE) All-Share Index...
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Agusto & Co. assigns a ‘Bbb’ rating to WAPIC Insurance Plc
Agusto & Co. assigns a ‘Bbb’ rating to WAPIC Insurance Plc, with a stable outlook. This rating expires 30 June...
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N75b MSMEs palliative fund disbursement begins
THE Nigerian Economic and Sustainable Plan (NESP) has kicked off the disbursement of the Micro Small and Medium Enterprises (MSMEs)...
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‘Dangote refinery will sell petrol at international price’
THE Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said when Dangote Refinery kicks off next year,...
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‘How Nigeria can fast track move from cash, manual economy’
Some stakeholders in the financial technology sector have highlighted leeway that will enable the sustainable transition of Nigeria’s economy from...
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Why I Quit Polaris Bank – Abiru
Former Managing Director/Chief Executive Officer of Polaris Bank PLC, Mr. Tokunbo Abiru has said the former Skye Bank has now...
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Oil falls to $39, Nigeria’s output rises
The international oil benchmark, Brent crude, fell below the $40 per barrel mark on Monday, amid demand worries, as the...
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Naira exchanges N460 to dollar on parallel market
THE naira on Monday fell by 1.09 per cent to N460 on the parallel market. The naira decline followed President...
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Sustained bargain-hunting pushes index further by 0.05 per cent
Following sustained bargain hunting in most blue-chip stocks, trading on the Nigerian Stock Exchange (NSE), reopened upbeat, yesterday, causing the...
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Only JSS3, SS2 will resume on Sept 21 – Lagos
THE Lagos State Government has announced the plans for both public and private schools’ resumption in the state after the...
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Has Nigeria started flattening the curve?
For the second time in two weeks, Governor Babajide Sanwo-Olu was seen as a bearer of glad tidings. Barely a...
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Health workers begin nationwide strike Monday
Health workers, under the aegis of Joint Health Sector Unions (JOHESU), have begun their planned strike. The action took effect...
Read moreConcerns rise on banks’ CRR as COVID-19 impact on businesses bites
Amid the devastating effects of COVID-19 on businesses, commercial banks currently have the issues of Cash Reserve Ratio (CRR) obligations...
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Afreximbank disburses $200 million to Zenith Bank Nigeria
African Export-Import Bank (Afreximbank), has disbursed $200 million to Nigeria’s Zenith Bank Plc under its Pandemic Trade Impact Mitigation Facility...
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Tariff increase: Discos get 85% collection order
The Nigerian Electricity Regulatory Commission has directed power distribution companies to collect an average of about 85.84 per cent of...
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Subsidising the Naira Blocks Nigeria’s Economic Takeoff
The naira should be floated to find its exchange rate value on the market if Nigeria’s economy is to become...
Read moreIndex plunges by 0.05% amid dividend declarations
Despite the dividend declarations expected to support market uptrend, equity transactions declined for three consecutive sessions last week, causing the...
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Abiodun Advises Foreign Govts, Investors to Replace Aids with Partnership
Ogun State Governor, Mr. Dapo Abiodun has urged foreign governments and investors to work out symbiotic partnership programmes with sub-national...
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Subsidy: Politicians, Wealthy Beneficiaries Inciting Nigerians Against Govt, Says Kyari
•Insists those against removal want to stagnate country •Alleges massive corruption in downstream sector by the elite Group Managing...
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SANs divided as Malami weakens NBA powers in new gazette
A new gazette by the Attorney General of the Federation and Minister of Justice, Abubakar Malami (SAN), which supposedly weakens...
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Arik workers threaten strike action
The labour unions in the aviation sector have again threatened to shut down the operations of Arik Air on Monday...
Read moreInflation rate’ll hit 14.15% as deficit financing rises — CBN
The country’s inflation rate which stood at 12.82 per cent in July may rise up to 14.15 per cent by...
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