Economy
FG, states, others shared N8.15tr in 2019 – NEITI
Nigeria Extractive Industries Transparency Initiative NEITI) on Thursday reported that the three tiers of government shared the sum of N8.15...
Read more
Senate summons AGF, CBN over N596bn ecological fund
The Senate, on Thursday, following an audit query from the office of the Auditor General of the Federation, summoned the...
Read more
No privatisation of refineries, JV assets yet, says BPE
There are no plans yet to privatise Nigeria’s ailing refineries, at least not for the 2020 fiscal year, meaning that...
Read more
Nigerian phone vendors stuck in China over coronavirus
Vendors of phones and other technology products from Nigeria who travelled to China for the Chinese festival shopping season in...
Read more
Stakeholders berate CBN over $17 billion illicit financial flows
Illicit Financial Flows (IFFs) out of Nigeria may not subside unless the Central Bank of Nigeria (CBN), takes a bold...
Read more
Harmattan: Airlines cancel more flights as visibility worsens
Domestic airlines have in the last two days cancelled or delayed most of their flights out of the Murtala Muhammed...
Read more
Tin Can Customs eyes N47.4bn monthly revenue
Ahead of its official revenue generation quota from the headquarters of the Nigeria Customs Service, the Tin Can Island Command...
Read more
Access Bank to List N15bn Green Bond on Luxembourg Stock Exchange
Capital market stakeholders have said the planned listing of Access Bank’s N15 billion Green Bond on the Luxembourg Stock Exchange...
Read more
FG to move petrol, cooking gas by rail
The Federal Government is working to ensure the movement of petrol and cooking gas by rail, the Petroleum Equalisation Fund...
Read more
Market sustains uptrend as index rises marginally by 0.02%
Transactions on the equities sector of the Nigerian Stock Exchange (NSE), sustained previous day uptrend, following gains in most blue...
Read more
Two persons tested negative to Coronavirus in Nigeria
Minister of Health, Dr. Osagie Emmanuel Ehanire, yesterday confirmed that two suspected cases of Coronavirus have tested negative after diagnosis...
Read more
CBN grants WAMCO, others waiver on milk import ban
The Central Bank of Nigeria (CBN) has excluded six dairy companies operating in the country from the ban on importation...
Read more
Pension fund rises to N10.22 tr
PENSION fund assets at December last year have hit N10.22 trillion. It was N9.99 trillion in November of the same...
Read more
NNPC, U.S. seal $1.1 million pact for 1,350MW Abuja power plant
A $1.1 million pact, expected to generate 1,350 megawatts (MW) Independent Power Plant was yesterday, in Abuja, signed between the...
Read more
Google creates $1m fund for online safety
Google has announced the launch of a $1m pan-African fund to support innovative ideas around privacy, trust and the safety...
Read more
CBN Injects Additional $210m into Forex Market
The Central Bank of Nigeria (CBN) has once again injected the sum of $210 million into the interbank foreign exchange...
Read more
Dangote Remains Africa’s Wealthiest for Ninth Successive Year
For the ninth year in a row, the President of Dangote Group, Alhaji Aliko Dangote, has been declared as the...
Read more
NSE, Meristem List Benefits of Exchange Traded Funds
Officials of the Nigerian Stock Exchange (NSE) and Meristem Wealth Management Limited, have identified Exchange Traded Funds (ETFs) as a...
Read more
ECOWAS constitutes c’ttee on Nigeria’s land border closure
The Authority of ECOWAS Heads of State and Government has constituted a committee, headed by President Roch Marc Christian Kabore...
Read more
Declare Lassa fever national emergency, says Academy of Science
The Nigerian Academy of Science (NAS) has urged the Federal Government (FG) to declare Lassa fever a public health incident...
Read more
Nigeria earned N1.17tn from VAT in 2019 – CBN
Between January and December 2019, the Federal Government generated the sum of N1.17tn from Value Added Tax. When compared...
Read more
SON shuts down 13 steel companies over standards infractions
The Standards Organisation of Nigeria (SON) has sealed 13 steel factories across the country for standards infractions. The Chairman, SON...
Read more
Banks’ instant transfers value hits N442trn in 2019
The Central Bank of Nigeria (CBN) on Monday reported that instant transfer transactions in the nation’s banking system totalled N442...
Read more
Stock market down N154bn on sale pressure
The equities market closed on Monday on a negative note, declining by 1.05 per cent as investors sold off shares...
Read more
Lagos being closely monitored over Coronavirus, FG declares
Minister of Health, Dr. Osagie Ehanire and the Lagos State Commissioner of Health, Professor Akin Abayomi, have disclosed that the...
Read more
Powered by Agusto & Co.