Latest
NAHCO Renews Deal with Airlines, Supports FG’s Export Drive
The Nigerian Aviation Handling Company Plc, (NAHCO) has won the keenly contested handling contract of Qatar Airways for another five...
Read more
NCC prepares to test safety of 5G
The Nigerian Communications Commission says it is working in partnership with stakeholders to ensure the safety of 5G networks in...
Read more
W’Bank, IMF Plan Debt Reduction for Nigeria, Others
•Bank approves $12bn for COVID-19 vaccine •IMF Chief: Africa needs $1.3tn funding The President of the World Bank Group,...
Read more
OPEC raises 2020 demand forecast over China’s recovery
The Organization of the Petroleum Exporting Countries (OPEC), has raised its global oil demand forecast for 2020 by 60,000 barrels...
Read more
Police Reform Suffers Setback As Appeal Court Voids Act
The Court of Appeal has declared that the Police Act 2020, enacted in September this year as it affects the...
Read more
External reserves drop by $50.84m in 10 days
The country’s external reserves dropped by $50.84m from $35.75bn as of October 2 to $35.69bn as of October 12, figures...
Read more
Presidential Panel Accepts Five-point Demand of #EndSARS Protesters
•Protests spread to Port Harcourt, Owerri, Akure, Ibadan, Yola, Enugu, others •Soldiers assault ARISE TV crew, brutalise protesters in Abuja...
Read more
Nigeria’s economy’ll contract by 4.3% in 2020 – IMF
The International Monetary Fund has projected that Nigeria’s economy will contract by 4.3 per cent in 2020. It disclosed this...
Read more
Senators clash as National Assembly debates 2021 budget
Senators on Tuesday commenced debate on the general principles of the 2021 budget estimates, presented to the Joint session of...
Read more
NSE seeks increased liquidity in fixed income securities
The Nigerian Stock Exchange (NSE) has reiterated its commitment to providing a hybrid market for dealers as well as institutional...
Read more
Equities rebound as investors stake N5.02b
AFTER four consecutive negative trading, Nigerian equities returned to the positive side yesterday as increased bargain-hunting overshadowed profit-taking transactions on...
Read moreOPEC: Global Crude Oil Demand to Peak in 25 Years
The Organisation of Petroleum Exporting Countries (OPEC) has projected that despite the growing need for renewables as a source of...
Read more
Power, fuel, VAT increments caused tariff hike – DSTV
MultiChoice Group, owners of the DSTV, has blamed the recent hikes in its subscription tariffs on high cost of production,...
Read more
Dangote refinery, others threaten existing plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may...
Read more
Raise banks’ liquidity ratio to discourage foreign currency holding, ABCON charges CBN
• Warns against pegging interest rates to avoid faulty system • Says increasing retirement age would aggravate youth unemployment ...
Read more
Protesters march on…
The raging #EndSARS protest took a dangerous turn yesterday, as the Inspector General of Police (IGP)’s broadcast announcing the disbandment...
Read more
NCDC issues guidelines for safe reopening of schools
The Nigeria Centre for Disease Control (NCDC) has released new guidelines for the safe reopening of schools to ensure that...
Read more
Equity market extends downturn by N41bn
Transactions in the Nigerian equity market on Monday closed negative, as losing streak extended to the fourth consecutive trading days,...
Read more
#EndSARS campaigners demand executive order disbanding squad
After days of public outcry and nationwide protests, the Inspector-General of Police, Mohammed Adamu, on Sunday, bowed to pressure and...
Read more
Union Bank Secures $40m from IFC to Boost Trade
Union Bank said it has received a $40 million facility from the International Finance Corporation (IFC), a member of the...
Read more
Nigerian insurance industry’s asset rises to N1.8tn
The Nigerian insurance industry’s assets rose from N1.61tn at the end of the 2019 financial year to N1.8tn in June...
Read more
Buhari allocates N509b for pension liabilities
President Muhammadu Buhari has appropriated a total of N501.19 billion to offset pension liabilities in the 2021 budget proposal. He...
Read more
Abbey Mortgage Bank plans N3b new capital injection
Abbey Mortgage Bank Plc plans to raise about N3.03 billion new equity funds from its shareholders. Regulatory filing at the...
Read moreNCC prosecutes seven for SIM card offences
The Nigerian Communications Commission has secured court convictions of seven persons for SIM-card-related offences. The commission, in a statement by...
Read more
Naira gains N8 as equities make N778b
THE naira appreciated by N8 in the last one week at the parallel market and the equities market recorded major...
Read more
Powered by Agusto & Co.