Economy
Report: 86% of Organisations Fall Victim to Cybercrime
A survey report by cyber-security firm, Sophos, tagged: ‘The State of Cloud Security 2020,’ has estimated that over 86 per...
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Nigeria Mortgage Refinance Company Plc Series II ₦11 billion 15-Year Fixed Rate Secured Bond
The rating expires on 30 June 2021. Agusto & Co. affirms the ‘Aaa(NG)’ rating assigned to Nigeria Mortgage Refinance Company Plc’s (“NMRC”...
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Recap: NAICOM, insurers differ on contingency cash reserve use
The National Insurance Commission (NAICOM) at the weekend insisted that the contingency reserves of insurance firms would not be accepted...
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FG hands over National Theatre to banks for renovation
he Federal Government has handed over the National Theatre at Iganmu, Lagos State to the Central Bank of Nigeria and...
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Petrol subsidy gulped N101.6bn in three months – NNPC
Petrol subsidy consumed over N101bn in the first three months of this year, as stakeholders want the scheme to be...
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‘Current economic realities necessitated naira devaluation’
Dipping oil prices, COVID-19, increasing debt, high poverty, and unemployment have been identified as factors that have forced the Nigerian...
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Anxiety over H1 results, inconsistent policies trigger investor apathy
• Analysts predict gloomy outlook as index dips 0.12% • Insist undervalued market creates new entry opportunities Expectations of...
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Nigeria can’t grow with generator-driven economy – MAN
The Manufacturers Association of Nigeria has said the Nigerian economy cannot grow if industries continue to rely on electricity generators...
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Investors Stake N13.5 Billion on Shares
Investors staked N13.453 billion on 901.542 million shares in 18,676 deals at the stock market last week. The value of...
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NERC commences consultations on unbundling of TCN
The Nigerian Electricity Regulatory Commission (NERC ) at the weekend began consultation for the unbundling of the Transmission Company of...
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Okonjo-Iweala Faces WTO General Council Next Week
Nigeria’s former Minister of Finance and the country’s candidate for the position of Director General, World Trade Organisation (WTO), is...
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We’re in talks with US over plans to deport foreign students – FG
The Federal Government says it in talks with relevant authorities over plans by the United States government’s plan to strip...
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I signed revised 2020 budget to mitigate Covid-19 effect, says Buhari
President Muhammadu Buhari, yesterday, signed into law, the revised N10.8 trillion budget for the year 2020 passed by the National...
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Nigeria’s Public Debt Stock Hits N28.63tn
Nigeria’s total public debt portfolio, all the states and the federal government inclusive, stood at N28.63 trillion as at March...
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JUST IN: Six rescued, others feared trapped in Lagos building collapse
A three-storey building collapsed at 20, Freeman Street, Lagos Island at about 3 am. Six people rescued alive. ADVERTISEMENT “Nine...
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Panel Quizzes Top EFCC Officials as Magu’s Interrogation Enters Fourth Day
•Demands files of cases, forfeited assets’ register, cash releases since 2015 •My house not searched by anti-graft agency, says Abdusalami...
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Govs back use of N2trn infrastructure fund to revive economy
The Nigerian Governors’ Forum (NGF), yesterday, declared support for the use N2 trillion Nigeria Infrastructure Investment Fund to stimulate the...
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Afrinvest Bullish on MTN, Airtel Africa Shares
Analysts at Afrinvest (West Africa) Limited have made case for investing in the shares of MTN Nigeria Plc and Airtel...
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We can’t bear petrol subsidy any more – FG
The Minister of State for Petroleum Resources, Timipre Sylva, said this in a statement on Thursday. He said the government...
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Buhari signs N10.8tn revised budget today, says minister
The Minister of Finance, Budget and National Planning, Zainab Ahmed, met with the leadership of the National Assembly on Thursday...
Read moreEquities market records N786.7m cap decline
The equities market of the Nigerian Stock Exchange (NSE) recorded a moderate loss of 1bp to close at 24,276.56 due...
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Agusto & Co. assigns a “A-” rating to Total E&P Nigeria Multipurpose Staff Co-operative Society Limited.
The rating expires on 30 June 2021. Agusto & Co. hereby assigns an “A-” rating to Total E&P Nigeria Multipurpose Staff...
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Strict protocols, scanty passengers as airports reopen with 4 airlines
No fewer than four airlines started operations flying from the Murtala Mohammed Airport to Nnamdi Azikiwe International Airport, Abuja. Customers...
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Reps decry unending power sector crisis, failed privatisation
The House of Representatives has decried the perennial crisis in Nigeria’s power sector. They, at the beginning of a two-day...
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Face mask can cause failed ATM transactions – Banks
Banks have advised customers to remove their face masks when carrying out transactions through Automated Teller Machines to ensure that...
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