Economy
Minimum wage: TUC gives states January 31 ultimatum
The Trade Union Congress has given state governments that are yet to implement the N30, 000 new minimum wage up...
Read more
Investors Stake N7.4 Billion on 693.2m Shares at Stock Market
Investors staked N7.444 billion on 693.188 million shares in 6,634 deals yesterday, as the market remained bullish. Although the volume...
Read more
Foreign reserves drop to two-year low at $39.84b
The foreign exchange reserves have hit two-year low at $39.84 billion, an Economic Report by Financial Derivatives Company Limited, has...
Read more
Lagos plans tax expansion to fund N1.17tn budget
The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. ...
Read moreStock investors gain N720bn in eight days
Equity investors have counted gains totalling N720bn as the stock market extended its gaining streak to the eighth consecutive day....
Read more
Nigerian Stock Exchange delists AG Leventis
The Nigerian Stock Exchange (NSE) Tuesday delisted AG Leventis (Nigeria) Plc, closing more than four decades of public listing at...
Read more
Tariffs on data, voice calls may go up
Telcos may have no choice but increase tariff for voice calls and data over the decision of 14 state governments...
Read more
NAICOM to digitalise all insurance operations in 2020
The portal is also expected to not only digitalise all NAICOM operations but will also require that all industry operators...
Read more
Iran-U.S. tensions push oil price above $70/barrel
Some international relations experts yesterday said the biggest impact of Soleimani’s death so far, which is the surge in oil...
Read more
Buhari orders Ministry to drive economic growth
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Monday said President Muhammadu Buhari has given the ministry...
Read more
Economic outlook projects 5.3% return for equities in 2020
Latest Nigeria’s economic outlook has projected that the equities market would likely return at +5.3 per cent, driven by local...
Read more
CBN releases guidelines on Nigerian payment system risk
The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide...
Read more
Nigeria eyes 22m tons of maize
The Maize Farmers Association of Nigeria (MAAN) is targeting 22 million tons of corn production this year. Its President,...
Read more
Despite electricity tariff hike, FG to fund N545bn shortfall
Electricity distribution companies in the country will record a tariff shortfall of N545bn this year, an analysis of data obtained...
Read more
S’Africa’s Eskom Extends Power Cut
South Africa’s struggling state power firm Eskom said on Sunday that it would extend electricity cuts until Monday. Eskom...
Read more
PenCom plans pension bonds to clear N400bn arrears
The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of...
Read more
2019 issues shaping 2020 economic potential
For decades, Nigeria’s economic outcome in each year has never failed projections and expectations that were based on the activities...
Read more
We saved N700bn through TSA, whistle-blowers, reforms – FG
Through the implementation of various public sector financial management reforms, over N700bn had been saved by the Federal Government. In...
Read more
Lekoil secures $184m for Ogo oil field project
Lekoil Limited, an exploration and production (E&P) company, has secured $184 million for the appraisal drilling and initial development programme...
Read more
Repositioning NSE for contribution to 2020 growth plans
It is widely agreed among analysts that the reforms on the Nigerian capital market since the global financial crisis have...
Read more
Subscribers leaving mobile service providers rise by 216%
The number of subscribers leaving their mobile telecommunications service providers for other mobile networks increased by 216.09 per cent within...
Read more
AMCON: Banks need to study airline business before lending
The increasing number of bad loans recorded by banks in the aviation sector has been attributed to poor understanding of...
Read more
Dangote’s fortune rises by $4.3b
Africa richest man, Aliko Dangote has moved up in the world billionaires’ list, emerging the 96th richest person in the...
Read more
Accountant General queried over non-disclosure of N57bn FG grants
The Accountant General of the Federation, Alhaji Ahmed Idris, has been queried by the Auditor-General for the Federation, Mr....
Read more
Global adoption of LNG as marine fuel rises over IMO 2020
The Liquefied Natural Gas (LNG) is fast gaining strength as alternative marine fuel, as a worldwide push is on to...
Read more
Powered by Agusto & Co.