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Govt to implement transit insurance scheme
As part of efforts to insure transportation of agricultural products across the country, the Federal Government has inaugurated five committees...
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Financial regulators evolve strategies for risk management under COVID-19
Financial services regulators have their work cut out, amid heightened cybercrimes and credit risks reinforced by the Coronavirus (COVID-19) pandemic,...
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Freight forwarders seek reopening of borders
Freight forwarders under the aegis of the Association of Nigerian Licensed Customs Agents have tasked the Federal Government to re-open...
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Experts blame borrowing, fuel price hike as inflation climbs to 14.23%
The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria...
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Renewed profit-taking drags index by 0.75 per cent
Following renewed profit-taking, the Nigerian equity market reopened on a downturn yesterday, as the All-Share Index (ASI) fell by 0.75...
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States Cautious on Ending Ex-govs, Deputies’ Pension
Despite the dwindling revenues of states and their inability to effectively meet workers’ demands and other obligations, many state governments...
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Senate Queries FIRS over Unremitted N1.4bn Tax, VAT Deductions
The Senate has issued two queries to the Federal Inland Revenue Service (FIRS) over its failure to remit N1.4 billion...
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Analysts Allay Fears of Nigeria’s Default as Eurobond Investors Fret
Analysts have allayed concerns about the likelihood of Nigeria defaulting on its Eurobond payments to investors even as investors in...
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Investors Stake N59bn on Shares as Market Extends Rally
Equities investors will for a long time remember the performance of the market last week as it gained N2.1 trillion...
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US adds 1 million Covid cases in less than a week
The US surpassed 11 million coronavirus cases Sunday, adding one million new cases in less than a week, according to...
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$500m Chinese debt sparks confusion in airport concession
• FAAN former MDs, directors warn of hidden takeover • Reps set up sub-committee Federal Government’s plan to concession...
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Access Bank Appoints Kumapayi as Executive Director
Access Bank Plc has appointed Mr. Seyi Kumapayi and Mrs. Omosalewa Fajobi as executive director (ED) and non-executive director (NED)...
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Amended BOFIA: The birth of ‘unquestionable’ regulator
The Central Bank of Nigeria (CBN) has been taunted as a super-regulator. This is not only for the autonomy it...
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Forex scarcity bars marketers from petrol imports
Despite the deregulation of the downstream oil sector by the Federal Government, private marketers are still tied to the Nigerian...
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NNPC raises petrol depot price, marketers to sell at N168-N170/litre
The Petroleum Products Marketing Company, a subsidiary of the Nigerian National Petroleum Corporation, has increased the ex-depot price of Premium...
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Mobile Banking applications remain the most popular platform for digital banking
Agusto & Co Digital Banking Index 2020 Agusto & Co in its third edition of the consumer banking satisfaction index...
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FG, WHO Target 20% of Nigeria’s Population for COVID-19 Vaccination
•Cautions against trips to US, UK, others •We’re committed to getting vaccines, says Osinbajo The federal government and the...
Read moreNDIC to insure non-bank deposits taking institutions
The Nigeria Deposit Insurance Corporation has said that it is trying to identify and provide insurance cover for non-bank deposit...
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Stanbic IBTC wins Holding Group Category award
Stanbic IBTC Holdings PLC has been declared winner of the ‘Holding Group Category’ of the Next 100 Global Awards 2020. ...
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FG owes 3,504 housing contractors, says Fashola
The Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that his ministry owed 3,504 contractors handling its...
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Forex reserves decline to $35.63bn, lowest in two months
The nation’s foreign exchange reserves have fallen to the lowest level in more than two months, the latest data from...
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Ghana, African leaders mourn as Rawlings dies
Ghanaians and African leaders yesterday mourned and extolled the virtues of the former Ghanaian president, Flight Lieutenant Jerry John Rawlings,...
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Massive buying triggers circuit breaker on stock exchange
• Investors gain N1 trillion • Operators explain cause of rally For the first time since its introduction in 2016, circuit...
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Guaranty Trust Bank is Nigeria’s best digital bank in 2020 – Agusto & Co
Agusto & Co, a leading research and credit rating agency, in its third edition of Consumer Banking Satisfaction Index report,...
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Google, IFC Estimate $180bn Growth in Africa’s Internet Economy by 2025
A new report, known as e-Conomy Africa 2020 Report, released yesterday by Google and the International Finance Corporation (IFC) has...
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