Economy
Naira slumps to 452/$ as speculations, debt weaken market
The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the...
Read more
NSE All-Share Index Gains 0.17% as Market Rebounds
The stock market rebounded wednesday following gains recorded by Nestle Nigeria Plc, Access Bank Plc and Flour Mills of Nigeria...
Read more
Lagos suspends re-opening of worship centres, event centres
THE Lagos State Government has rolled back its earlier decision to partially re-open churches, mosques, viewing and relaxation centres in...
Read more
FBNInsurance Posts N37.63bn Premium in 2019
FBNInsurance Limited recently presented its 2019 audited annual report to its shareholders during a virtual Annual General Meeting (AGM) held...
Read more
Neimeth, Prestige Assurance lead NSE’s N13 billion losses
The equities market sustained sliding profile at the end of yesterday’s transactions, as more blue-chip stocks, especially Neimeth, and Prestige...
Read more
New electricity tariffs effective July, says minister
The Minister of Power, Sale Mamman, has insisted that the new increment on electricity tariff would take off in July....
Read more
Global FDI projected to plunge 40% below $1 trillion in 2020
Global foreign direct investment (FDI) flows are projected to decrease by up to 40 per cent in 2020, from their...
Read more
‘Nigeria’s Livestock Industry Growing 12.7% Annually’
The Director General of the Nigeria Institute of Animal Science, Prof. Eustace Iyayi, has said the livestock industry in Nigeria...
Read more
Ajimobi remains COVID-19 positive after two weeks
The immediate past Governor of Oyo State, Senator Abiola Ajimobi, has remained Covid-19 positive two weeks after being admitted at...
Read more
Don’t re-open schools, other public places yet, FG warns states
The Presidential Taskforce (PTF) on COVID-19 has warned states against re-opening of schools and other places where people can gather...
Read more
Dangote, BUA row over Edo mining sites deepens
The dispute between Dangote Group and BUA Group over mining sites in Edo State came to the fore again on...
Read more
Tension as resident doctors begin strike amid COVID-19
• What we want from govt, by strikers • NARD exempts experts treating patients from action • ‘It may worsen...
Read more
FG Raises N162.6bn through Sukuk Bond Sale
Nigeria has raised N162.56 billion to help finance infrastructure projects through the sale of Islamic bonds to local funds and...
Read more
Lagos begins clampdown on fake real estate operators
Lagos State Government has said it will get tough on fake real estate agents and their official collaborators as their...
Read more
FBN Holdings Consolidates Leadership through Divestment
FBN Holdings’ transfer of its majority equity in FBN Insurance to the Sanlam Group is a boon to its operations...
Read more
Insurers lose $500m aviation business to coronavirus
Insurance firms have lost $500 million or N1.88 billion in aviation business, The Nation has learnt. This loss is...
Read more
Diaspora remittances market liberalisation beckons
CRUDE oil has for decades been the mainstay of Nigeria’s economy. That is what the majority of Nigerians know. But...
Read moreRenewed appetite in bellwethers lift NSE’s indices by 0.67 per cent
Despite the one-day public holiday declared by the Federal Government to commemorate Democracy Day, investors renewed appetite in bellwether stocks...
Read more
Reopening guidelines: NCDC orders churches, mosques to shut toilets, sales outlets
The Nigeria Centre for Disease Control on Saturday issued guidelines for the reopening of religious centres across the country, asking...
Read more
Nigeria’s governance structure set up for bankruptcy — Sanusi
The immediate past Emir of Kano and former Governor of the Central Bank of Nigeria, Muhammad Sanusi, has again...
Read more
Senate summons CBN, FIRS again over $21.3bn foreign tax
The Senate Public Accounts Committee has issued fresh summons to the management of both the Central Bank of Nigeria and...
Read more
Nine million workers have pension accounts, says PenCom
The number of workers who have pension accounts rose to nine million as of the end of April, according to...
Read more
Nigeria exported N32bn worth of electricity in 2019 — NERC
The Republics of Togo, Niger and Benin received a total invoice of N32.04bn for the electricity supplied to them from...
Read more
Discos’ Unholy Affinity with Estimated Billing
The economic and contemporary history of the Nigerian Electricity Supply Industry (NESI) has been one characterised by the incapacity and...
Read more
‘Oil-producing states got N44tn in 18 years’
A total of N44tn accrued to states in the Niger Delta region through the 13 per cent derivation fund in...
Read more
Powered by Agusto & Co.