Economy
Cars45, Asharami Synergy Collaborate on Transparency in the Auto Industry
Cars45, Nigeria’s leading tech-enabled automotive trading platform and Asharami Synergy, a Sahara Group Downstream Company have announced a partnership to...
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Infinity Trust Mortgage Bank Approves 2020 Financials
The Board of Directors of Infinity Trust Mortgage Bank Plc last Thursday approved the audited financial statements for the year...
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Oil rally may brighten Nigeria’s outlook, says OPEC
The rise in global oil prices could brighten Nigeria’s outlook this year, the Organisation of the Petroleum Exporting Countries said...
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GDP rebasing: FG enumerates 1.4 million establishments nationwide
The Federal Government on Thursday said it had so far enumerated over 1.4 million establishments as part of the process...
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Nigeria targets 30% electricity from renewables by 2030 – Osinbajo
Vice-President Yemi Osinbajo on Thursday has said Nigeria plans to have 30 per cent of its electricity supply from renewables...
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Regulate cryptocurrency transactions, CBN urged
Experts have urged the Central Bank of Nigeria (CBN) to put measures in place to regulate the transaction of cryptocurrency...
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Nigeria Needs More Foreign Direct Investments to Fund Capital Projects
A securities dealer and Managing Director, Cowry Asset Management Limited, Mr Johnson Chukwu, has said that Nigeria needs appropriate policies...
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NIN mandatory for bank accounts, voter registration, says FG
The National Identity Number is mandatory for transactions such as the opening of bank accounts, payment of taxes, voter registration,...
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Fiscal deficit rose to N620.49bn in November – CBN
The Federal Governments’ fiscal deficit rose by N208.14bn to N620.49bn as of the end of November from N421.35bn at the...
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Fuel scarcity looms as marketers disrupt fuel loading
Members of the Independent Petroleum Marketers Association of Nigeria on Wednesday disrupted loading of petroleum products at private depots in...
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SEC unveils new guidelines for a collective investment scheme
The Securities and Exchange Commission (SEC), has released general rules for Collective Investment Schemes, prescribing that all units/securities of a...
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FG plans more borrowing from domestic sources
The Federal Executive Council at its meeting on Wednesday approved a new Medium-Term Debt Management Strategy for Nigeria, for the...
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Analysts Forecast Higher Bond Yields in Second Half of 2021
The Chief Investment Officer, Afrinvest Asset Management, Mr. Robert Omotunde has predicted that the second half of 2021 will see...
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AfDB to promote youth enterprise bank, says Adesina
President of the African Development Bank, Dr Akinwumi Adesina, has disclosed plans to establish a youth entrepreneurship investment bank for...
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E-payment transactions rise by 50.3%, hit N162.95tn
The value of transactions via digital payment platforms – Nigeria Interbank Settlement System Instant Payment System and Point of Sales...
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Sterling Bank, Mercy Corps to train 90,000 farmers
Sterling Bank Plc says it has entered into a partnership with Mercy Corps to train more than 90, 000 farmers...
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FG Targets 5m Jobs in Agricultural Sector
The federal government has said it is targeting five million jobs in the agricultural sector. The initiative is to engage...
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NSE’s Demutualisation Excites Corporate Affairs Commission DG
The Registrar-General/Chief Executive Officer (CEO) of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has expressed excitement at the demutualisation...
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Firm, ministry, BoI partner on SME development
A consumer goods company, P&G, has said it is partnering with the Federal Ministry of Industry, Trade and Investment, and...
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Rosabon plans N10bn loan facility for SMEs
Non-banking financial service provider, Rosabon Financial Services, has announced a new loan facility of up to N10bn for eligible small...
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Petrol price may hit N190 as oil nears $60
The upturn in global oil prices last week has again brought to the fore marketers’ concerns over the non-implementation of...
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Cryptocurrency blockage: Fighting a lost battle
On February 1, 2021, the billionaire Tesla boss, Elon Musk, added #bitcoin to his Twitter and hoped cryptocurrencies would get...
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SEC Releases Rule on Registration for Nominee Function
The Securities and Exchange Commission (SEC) has released new rules for firms operating as nominees.The new rules require all persons...
Read moreNigeria’s foreign capital inflow drops to $9.68bn, hit a four-year low
Foreign capital flow into Nigeria plummeted by more than half in 2020 to $9.68bn, its lowest level in four years,...
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FG targets N189.5bn from marginal oilfield bid round
The Federal Government is expecting to generate at least $500m in revenue (N189.5bn) from the ongoing marginal field bid round,...
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