Economy
NNPC swapped N3.04tn crude for refined products
A total of 150.4 million barrels of crude oil valued at N3.04tn was swapped for refined petroleum products by the...
Read more
Julius Berger reports 68.87% growth in profit
Julius Berger Nigeria Plc has released its fourth quarter result for the period ended, December 31, 2019, showing 68.87% growth...
Read more
Coronavirus: Fear Grips Airport Workers
Airport workers at the Murtala Muhammed International Airport (MMIA), Lagos are panicking over the devastating effect of Coronavirus, which has...
Read more
Consumers to pay 7.5% VAT on meters
Eko Electricity Distribution Company (EKEDC) has said from February 1, the prices of meters under the Meter Asset Provider (MAP)...
Read more
FG approves N33,000 allowance for corps members
The Director-General of the National Youth Service Corps, Brigadier-General Shuaibu Ibrahim, has announced N33,000 as monthly allowance for corps members....
Read more
Lagos raises N100 billion bond to finance infrastructure
Lagos State Government has opened a new chapter in its stride towards attaining self-sustenance in finance and governance. Governor Babajide...
Read more
‘N2tn pension fund for infrastructure’ll come via bonds’
The N2tn proposed to be raised from the Contributory Pensions Fund for investment in infrastructure development will be through bonds,...
Read more
ABCON faults calls for Naira devaluation
The Association of Bureau De Change of Nigeria (ABCON) has described the much talked about need for devaluation of the...
Read more
Total Nigeria’s Profit Falls 70% on High Financing Costs
The reliance on bank borrowings to finance its operations continued to have a negative impact on the fortunes of Total...
Read more
Stock Exchange opens new window for SMEs January 30, 2020 in Equities
The Nigerian Stock Exchange (NSE) on Wednesday launched a new platform for the listing of small and medium enterprises (SMEs)....
Read more
TAJBank opens National Assembly branch
TAJBANK, Nigeria’s second non-interest financial institution has opened its third office in less than two months of operations at the...
Read more
MTN to invest fresh $1.6bn in Nigeria
The MTN Group will invest fresh $1.6billion from its operations to strengthen its network and systems across Nigeria. The Chairman,...
Read more
Concerns of Cybercrime, Natural Disaster Worry Insurers
Risks associated with cybercrimes topped the list of peril incidences that may likely hit the corporate world in 2020 and...
Read more
FG recorded N4.62tn fiscal deficit in 2019 — CBN
The Federal Government recorded a fiscal deficit of N4.62tn in its operations in the 2019 fiscal period, figures obtained from...
Read more
NSE Launches New Board for High-Growth Companies
The Nigerian Stock Exchange (NSE) will today launch its Growth Board(GB) to provide issuers with the opportunity to list, raise...
Read moreDiscos to reflect 7.5% VAT on transactions Feb 1
There are indications that power distribution firms across the country plan to reflect the new Value Added Tax of 7.5...
Read more
Nigerian Stock Exchange Employees Supports WARIF Foundation
The employees of the Nigerian Stock Exchange (NSE) have donated funds to support the initiatives of the Women at Risk...
Read more
Again, Emefiele Forecloses Possibility of Currency Devaluation
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has again ruled out the possibility of a...
Read more
SEC to clamp down on illegal fund promoters
The Securities and Exchange Commission, SEC has said it will clamp down on illegal fund managers and ensure they are...
Read more
7.5% VAT implementation begins February 1
The Federal Government will from Saturday (February 1) begin the implementation of 7.5 per cent Value Added Tax espoused by...
Read more
X-raying Nigeria’s weak links with savings, investment and growth
Despite availability of abundant mineral resources in Nigeria and huge income from crude oil, the country still wobbles in its...
Read more
All-Share Index Year-to-date Growth Hits 10.4% as Bulls Remain in Control
The equities market recorded a marginal growth last week as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose by...
Read more
Buhari directs trade minister to set up agro-allied industry in 36 states
The President, Major-General Muhammadu Buhari (retd) has directed the Ministry of Industry, Trade and Investment to establish agro-allied industry in...
Read more
PenCom to Enforce Group Life Insurance Law
The National Pension Commission (PenCom) has ordered all employers of labour covered by the Pension Reform Act 2014, to submit...
Read moreCentral Bank of Nigeria appoints directors
The Central Bank of Nigeria (CBN) has announced the appointment and redeployment of some directors. A statement from the...
Read more
Powered by Agusto & Co.