Latest
Nigerians lacked enough water, soap for hand washing – NBS
The National Bureau of Statistics said on Tuesday that a large number of Nigerian households surveyed in June said they...
Read more
One week after flights resumption, airlines record 30% traffic
Domestic flights started last Wednesday with Lagos and Abuja, and by Saturday, Port Harcourt, Kano, and Owerri flights resumed. ADVERTISEMENT...
Read more
LAPO MFB’s Bond Offer Oversubscribed
The Managing Director, LAPO Microfinance Bank, Dr. Godwin Ehigiamusoe has expressed delight over the successful listing of LAPO N6.2 billion...
Read more
LIRS plans additional tax incentives, reliefs
The Lagos State Internal Revenue Service has commenced the implementation of additional reliefs and measures to further ease the impact...
Read more
Transcorp Hotels Seeks to Raise N10bn from Existing Shareholders
Transcorp Hotels Plc has applied to the Nigerian Stock Exchange (NSE) to raise additional capital via a rights issue from...
Read more
Dangote Sugar creates three billion new shares
Shareholders of Dangote Sugar Refinery (DSR) Plc have approved the creation of three billion new ordinary shares of 50 kobo...
Read more
Bears sustain hold as index slips further by 0.36%
The Nigerian Stock Exchange (NSE) sustained the bearish hold at the end of yesterday’s transactions, occasioned by price depreciation in...
Read more
FG Urged to Consider Niger Delta Indigenes in New Marginal Oilfields Bids
The skepticism surrounding the transparency and fairness in the process of the ongoing bid round for 57 marginal oilfields has...
Read more
Banks to place chronic loan defaulters on watch list
The Central Bank of Nigeria on Monday released the guidelines aimed at reducing non-performing loans in the banking sector and...
Read more
Farmers in 11 states to get fertilizer at N4,500
As part of the COVID-19 palliative, about 50,000 farmers across 11 states will get two bags of fertilizer each at...
Read more
CBN bans forex for maize importation
The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation of maize...
Read more
Unclaimed dividends rise to N158.4b
Unknown investors have amassed more than N100 billion in unclaimed dividends as capital market regulators search for investors that had...
Read more
Second wave of pandemic poses risks to oil rebound
As countries brace for a second wave of the coronavirus spread, analysts have warned that an unexpected hit to demand...
Read more
Equities open with N56b loss
Nigerian equities reopened on Monday with considerable sell pressure on leading stocks in the main sectors of banking, oil and...
Read more
Report: 86% of Organisations Fall Victim to Cybercrime
A survey report by cyber-security firm, Sophos, tagged: ‘The State of Cloud Security 2020,’ has estimated that over 86 per...
Read more
Nigeria Mortgage Refinance Company Plc Series II ₦11 billion 15-Year Fixed Rate Secured Bond
The rating expires on 30 June 2021. Agusto & Co. affirms the ‘Aaa(NG)’ rating assigned to Nigeria Mortgage Refinance Company Plc’s (“NMRC”...
Read more
Recap: NAICOM, insurers differ on contingency cash reserve use
The National Insurance Commission (NAICOM) at the weekend insisted that the contingency reserves of insurance firms would not be accepted...
Read more
FG hands over National Theatre to banks for renovation
he Federal Government has handed over the National Theatre at Iganmu, Lagos State to the Central Bank of Nigeria and...
Read more
Petrol subsidy gulped N101.6bn in three months – NNPC
Petrol subsidy consumed over N101bn in the first three months of this year, as stakeholders want the scheme to be...
Read more
‘Current economic realities necessitated naira devaluation’
Dipping oil prices, COVID-19, increasing debt, high poverty, and unemployment have been identified as factors that have forced the Nigerian...
Read more
Anxiety over H1 results, inconsistent policies trigger investor apathy
• Analysts predict gloomy outlook as index dips 0.12% • Insist undervalued market creates new entry opportunities Expectations of...
Read more
Nigeria can’t grow with generator-driven economy – MAN
The Manufacturers Association of Nigeria has said the Nigerian economy cannot grow if industries continue to rely on electricity generators...
Read more
Investors Stake N13.5 Billion on Shares
Investors staked N13.453 billion on 901.542 million shares in 18,676 deals at the stock market last week. The value of...
Read more
Okonjo-Iweala Faces WTO General Council Next Week
Nigeria’s former Minister of Finance and the country’s candidate for the position of Director General, World Trade Organisation (WTO), is...
Read more
I signed revised 2020 budget to mitigate Covid-19 effect, says Buhari
President Muhammadu Buhari, yesterday, signed into law, the revised N10.8 trillion budget for the year 2020 passed by the National...
Read more
Powered by Agusto & Co.