Economy

NATIONAL BROADCAST BY PRESIDENT MUHAMMADU BUHARI ON DEMOCRACY DAY, JUNE 12TH 2020 Fellow Nigerians, 1. The 2020 celebration of...

Crude cuts: Nigeria to earn $10.61bn in eight months

Economy

Nigeria has highest personnel cost in global petroleum industry

by Admin

…Why high cost of oil production may persist …IOCs, industry players bemoan insecurity, multiple taxes Stakeholders have raised concerns...

Economy

FG Extends Deadline for Marginal Oilfield Bids to June 21

by Admin

The Department of Petroleum Resources (DPR) thursday extended by one week, the deadline to register to bid for Nigeria’s marginal...

Economy

Democracy Day: I have recorded notable achievements, Buhari boasts

by Admin

The President, Major General Muhammadu Buhari (retd.), on Friday assessed his regime as the nation commemorates Democracy Day and returned...

Nigeria

39.4m people may lose jobs to COVID-19, Osinbajo panel warns

by Admin

• Pandemic cuts N185b from monthly earnings • Buhari hails citizens’ resilience • Tasks ECOWAS on recovery plan From...

2020 Budget: FG Proposes N15bn for Group Life Insurance of MDAs

Economy

Health, education get more in revised N10.810trn budget

by Admin

…Health: N897m increase, Education: N1.709bn …Debt Servicing to gulp N2.951trn The Senate yesterday passed N10.810 trillion as revised budget for...

Reps order 400 exotic cars, reject Nigerian brands

Economy

House Passes Revised Budget, Increases Sum to N10.805tn

by Admin

Senate to consider amended fiscal bill today The House of Representatives wednesday passed the revised 2020 budget, increasing the...

NIPOST Raids Three Illegal Courier Operators in Lagos

Economy

Stamp duty: NIPOST tackles FIRS, moves for Finance Act amendment

by Admin

The Nigerian Postal Service has sent a request for an amendment to the Finance Act 2019 to the National Assembly...

Lagos orders civil servants to stay at home, banks to reopen

Economy

N100b bond to boost infrastructure in Lagos

by Admin

The signing of the Issuance of N100 billion Series III Bond under its N500 billion Bond Issuance Programme by the...

Economy

Kyari: NNPC to End Oil Sale Discounts July

by Admin

The Nigerian National Petroleum Corporation (NNPC) has set a July deadline to end its crude sales discount regime. NNPC...

Economy

Petrol price: DPR shuts down errant filling stations

by Admin

The Department of Petroleum Resources is enforcing the new price range of N121.5 to N123.5/litre for petrol at filling stations...

Senate seeks probe of CCB contractor over N1.5bn abandoned project

Economy

Senate tasks new SEC DG, commissioners on investments

by Admin

Following his confirmation as the new Director General of the Securities and Exchange Commission (SEC), the Senate yesterday charged the...

Business

PenOp Elects Odutola President

by Admin

The Pension Fund Operators Association (PenOp) has elected Mr. Wale Odutola as its new president. With the election, he would...

CSL stockbrokers appointed as new stockbroker to the Federal Government

Markets

Profit-taking reverses positive streak as index loses 0.47%

by Admin

Transactions at the Nigerian Stock Exchange (NSE), reversed the gaining streak to close on a downturn, yesterday, following profit-taking by...

Why FG’s bonds were oversubscribed in 2019 – Expert

Markets

FG to auction N150bn bonds

by Admin

The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on June 17....

Crisis looms in Senate over ‘juicy’ committees

Economy

Airports’ reopening: Lawan, others protest North-East’s exclusion

by Admin

National Assembly members from the North East geopolitical zone, including the President of the Senate, Ahmad Lawan, have protested the...

MTN share price rises after revoked tax case

Business

MTN in historic N100b largest debut commercial paper

by Admin

MTN Nigeria Communications Plc has raised N100 billion in its debut commercial paper (CP) issuance, making history as the largest...

Nigeria

Federal Government inaugurates first gold refining company

by Admin

The Federal Government, Tuesday, inaugurated Nigeria’s first Gold and precious Metals Refining Conglomerate, an operation of Dukia Gold a Precious...

AXA Mansard underwrites N29bn in H1 2019

Business

AXA Mansard’s gross written premium is N43.6b

by Admin

AXA Mansard Insurance Plc recorded a Gross Written Premium (GWP) of N43.62 billion in 2019 up by 29 per cent...

Economy

AFDB injects $10billion to cushion COVID-19 impact on agriculture

by Admin

The African Development Bank (AFDB), has provided about $10billion to implement strategic roadmap of projects and programmes of immediate and...

FG acquires portal for import duty exemption certificates

Economy

FG suffers N1.01tn revenue shortfall

by Admin