Economy
MDAs padded N12.9bn as personnel costs – ICPC
The chairman of the Independent Corrupt Practices and Other Related Offences Commission, Bolaji Owasanoye, says the commission restrained the release...
Read more
Petrol, diesel imports drop after border closure
The nation’s imports of petrol and diesel fell by about 11 per cent and 15 per cent, respectively in September,...
Read more
NNPC secures US grant for 1,350MW power plant
The Nigerian National Petroleum Corporation on Thursday announced that it had concluded arrangements with the United States Trade and Development...
Read more
Lawmakers Pledge Support for AMCON
The Chairman, Banking and Currency, House of Representatives Committee Chairman on Banking and Currency, Hon. Victor Nwokolo has assured Nigerians...
Read more
CBN stabilises naira with $25.68bn in eight months
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January...
Read more
Customs seek return of import tax on petroleum products
The Nigeria Customs Service is seeking the reintroduction of import tax on petroleum products. The Comptroller-General of Customs, Col Hameed...
Read more
Bad roads: FG releases N650bn for capital projects
The Federal Government said on Wednesday that road construction and repairs under the Ministry of Works and Housing were a...
Read more
Insurers settled N207.4b claims in 2018
Underwriters may have settled claims worth N207.4 billion to policyholders, who suffered losses in 2018, as operators recorded increase in...
Read more
VAT hike: Reps pass bill for second reading
The House of Representatives has passed for second reading the Finance Act (Amendment) Bill, a component of which seeks to...
Read more
Senate wants textile imports banned for five years
The Senate on Tuesday appealed to the Federal Government to ban importation of textiles for a period of five years...
Read more
Outrage Greets Senate’s Death Penalty for Hate Speech
The Senate came under fire yesterday for proposing the Hate Speech Prohibition Bill, which seeks to criminalise the offence with...
Read more
FG pressures China on $5.8bn loan for Mambilla power project
The Federal Government is mounting pressure on the Chinese Embassy to ensure that the Chinese Export Import Bank (EXIMBANK) releases...
Read more
Robotics, AI, block-chain to disrupt banking sector, says Emefiele
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said rapid automation and technological innovations over the past...
Read more
Customs impounds N68.85m worth of frozen food at Lagos airport
The Nigeria Customs Service (NCS) yesterday disclosed the seizure of two consignments of frozen foods valued at about N N68.85...
Read more
CBN advances N610.4bn loans to farmers
The Central Bank of Nigeria has released a total of N610.4bn to the banks for farmers under the Commercial Agricultural...
Read more
Rice producers to support border closure with price slash
In response to the Federal Government’s plea for farmers not to take advantage of the current border closure, producers of...
Read more
All-Share Index Rises 0.54% as Market Opens on Bullish Note
Trading at the stock market resumed yesterday on a positive note as Cement Company of Northern Nigeria (CCNN) Plc led...
Read more
‘Every additional tax, charges slow airlines, aviation growth’
The International Air Transport Association (IATA) yesterday warned Nigerian and other African governments that additional taxes and charges would further...
Read more
NEITI: Why Oil Theft in Nigeria May Not End Soon
The Nigeria Extractive Industries Transparency Initiative (NEITI) has given possible reasons why widespread theft of Nigeria’s crude oil and refined...
Read more
Cooking gas depots run dry, operators await vessel
Against the backdrop of the drop in the supply of Liquefied Petroleum Gas, popularly known as cooking gas, most depots...
Read more
Stakeholders seek investors to Nigeria’s N1.85tr gold market, mining sector
Citing the untapped potential of Nigeria’s Gold market, stakeholders in the value-chain have sought increased involvement of investors in the...
Read more
Ghana to Spur Oil Production
Ghana plans to revise its laws on oil and gas licences in an effort to spur production and will revoke...
Read more
AfDB, investors plan to close $67bn deals
Investors and partners of the African Investment Forum are working on closing investment transactions worth $67bn at the second edition...
Read more
Zenith Bank, Best Digital Bank, Says Agusto & Co
Zenith Bank Plc has emerged as the best digital bank in Nigeria in the 2019 Consumer Digital Banking Satisfaction Index...
Read more
Investors’ wealth plummet further by N18 billion
The bears further strengthened their hold on the equities sector of the Nigerian Stock Exchange (NSE) yesterday, following selloffs on...
Read more
Powered by Agusto & Co.