Latest
5G not likely to interfere with aviation – Telecoms operators
The Association of Licensed Telecommunications Operators of Nigeria has said the likelihood of interference between the aviation industry and 5G...
Read more
Stakeholders decry unimpressive growth of insurance industry
Stakeholders in the insurance sector have condemned the stunted growth of the industry in Nigeria, warning that urgent measures must...
Read more
COVID-19: More Nigerians lose job, withdraw N30bn pension savings
The number of contributors who withdrew funds from their Retirement Savings Accounts, after losing their jobs, rose to 28,041 in...
Read more
Refineries rehabilitation gulped N100bn in 2021, says NNPC
The Nigerian National Petroleum Company Limited has said it spent N100bn on refineries’ rehabilitation in 2021 and that funds were...
Read more
FG Revenue Will Rise by 15% Through VAT, Companies’ Taxes in 2022 – Agusto & Co.
A Pan-African Credit Rating Agency and Industry Research Provider, Agusto & Co. Limited has stated that Nigeria’s revenue will increase...
Read more
FEC Okays N64.687bn Contracts for 16 Road Projects in FCT, Works Ministry
The Federal Executive Council (FEC) has approved contracts worth N64.68 billion for 16 road projects to be executed in the...
Read more
Neutralising COVID, Defining A Legacy, and the Clanging Cymbals of Politics – Agusto & Co.
In 2022, the major themes that will dominate Nigeria’s economic landscape will be politics, the management of the fiscal deficit,...
Read more
FG Eyes N1.5bn from Legal Metrology Services in 2022, Targets Banking, Power, Telecom Sectors,
The Minister of Industry, Trade and Investment, Mr. Niyi Adebayo has said that the federal government hopes to generate about...
Read more
Senate grills NCDMB officials over $10bn Train 7 gas project
The Senate Committee on Local Content, on Wednesday, grilled the management of the Nigerian Content Development and Monitoring Board over...
Read more
Prepare for unstable loan markets, IMF tells Nigeria, others
The International Monetary Fund has advised Nigeria and other developing economies with large foreign currency borrowings and external financing need...
Read more
Petrol landing cost rises to N282/litre, oil hits $90
The upturn in global crude oil prices has pushed the landing cost of Premium Motor Spirit (petrol) imported into Nigeria...
Read more
Stock Market Crosses N25trn Mark Amid Demand for Airtel Africa, Others
The stock market capitalisation of the Nigerian Exchange Limited (NGX) crossed the N25 trillion mark yesterday, supported by foreign investors’...
Read more
Nigerian FinTech Records 100,000 Users on its Lending Platform
Nigerian FinTech, P2vest Technology Limited has announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to...
Read more
IMF retains 2022 growth forecast for Nigeria at 2.7%
The International Monetary Fund has retained its 2022 growth forecast for Nigeria at 2.7 per cent and increased 2023 projection...
Read more
Stock Market Rebounds as CBN Maintains Status Quo on Rates
The stock market of the Nigerian Exchange Limited (NGX) gained N6 billion, even as Monetary Policy Committee (MPC) of the...
Read more
Federal workers’ pensions, gratuities gulp N208bn in seven months
The Federal Government has spent N208.21bn on payment of pension and gratuity arrears in seven months, a new Central Bank...
Read more
FG Bows to Labour, Shelves Plan to End Fuel Subsidy from July
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has announced the resolve of the federal government to jettison...
Read more
5G deployment gets boost, CBN gives telcos forex priority
The deployment of fifth generation technology has got a boost as the Federal Government through the Central Bank of Nigeria...
Read moreNigeria’s local debt to hit N43 trillion in 2022 – Agusto & Co
Nigeria’s local debt is projected to amount to about N43 trillion naira in 2022. This was stated by Agusto &...
Read more
World Bank, AfDB approved $2.83bn for Nigeria in 2021
The World Bank and the African Development Bank approved a total sum of $2.83bn to Nigeria in 2021, It has...
Read more
Plan to relocate Lagos sawmill operators gets boost
The Lagos State Government says it is leaving no stone unturned in ensuring a seamless relocation of sawmill operators from...
Read more
Lekki Port: FG Expresses Satisfaction at Level of Work Done, Urges Promoters to Double Efforts
The federal government has expressed its satisfaction with the increased pace of work on the construction of the Lekki Deep...
Read more
Financial Inclusion: An Overview of e-Naira Prospects In 2022
The year, 2022 has been ushered in with overwhelming expectations for achieving socio-economic and political transformation. In the process of...
Read more
IMF set to launch $50bn lifeline for Nigeria, others
The International Monetary Fund has said it is set to launch a $50bn trust fund for low-income and vulnerable middle-income...
Read more
500,000 new merchants, SMEs to benefit from expanded digital payment solution
•Mastercard to connect 50m small businesses digitally by 2025 An estimated 500,000 new merchants across the Middle East and Africa...
Read more
Powered by Agusto & Co.