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Bargain-hunting lift capitalization by N45 billion
Although price gains outweighed losses, transactions on the equity sector of the Nigerian Stock Exchange (NSE) was upbeat yesterday, occasioned...
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Ecobank Nigeria Secures N50bn 10-Year Subordinated Loan
Ecobank Transnational Incorporated (ETI), the parent of the Ecobank Group, yesterday said that one of its significant subsidiaries, Ecobank Nigeria,...
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UNCTAD: Nigeria Attracted $2.6bn FDI in 2020
With $2.6 billion Foreign Direct Investment (FDI) it attracted in 2020, Nigeria has emerged the second preferred investment destination in...
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LCCI tasks government on regulation, revenue generation overlap
With a few fiscal policy options available to the Federal Government for intervention in the real sector, the Lagos Chamber...
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Refineries shut for 15 straight months, lose N152.08bn
The nation’s refineries lost a total of N152.08bn in 15 consecutive months of being idle, the latest data from the...
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Olam, BATN, eight other exporters earn $100.88m in one month
Top 10 traders earned $100.88m from non-oil goods exported in one month according to latest figures obtained from the Central...
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NSE admits 2.64 billion shares of Transcorp Hotel
The Nigerian Stock Exchange has listed 2.64bn ordinary shares of Transcorp Hotel Plc on the Daily Official List of the...
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Flour Mills lists N29.8bn bond on NSE
Flour Mills Nigeria Plc has listed its tranche A and tranche B bonds on the floor of the Nigerian Stock...
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MPC may cut lending rate amid COVID-19 challenges – Experts
Experts have said the Monetary Policy Committee of the Central Bank of Nigeria may consider cutting interest rates in the...
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FG to pay N71bn counterpart funding for six railway projects
The Federal Government is to partly fund six rail projects connecting virtually all regions of the country with a counterpart...
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N1.3bn debt: AMCON takes over Inducon Nigeria’s assets
The Asset Management Corporation of Nigeria has said it took over an asset belonging to the Chief Promoter of Inducon...
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Galloping Inflation, Economic Recovery Top Agenda as MPC Meets
As the Monetary Policy Committee of the Central Bank of Nigeria (CBN) meets today to commence its two-day meeting, the...
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From Oil Trading to Human Capital Transformation and Innovation
History is rife with enthralling stories of notable men and women who made a name for themselves through the brazen...
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CBN threatens to shut accounts of diaspora remittance violators
The Central Bank of Nigeria has vowed to withdraw the operating licences of operators who continue to violate rules regulating...
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KLM sacks 6,000 workers in seven months
Dutch carrier, KLM, has sacked a total of 6,000 staff members in seven months. A statement by the firm titled,...
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AMCON takes possession of Enugu school with 50 policemen
The Asset Management Company of Nigeria on Thursday invaded Providence High School, Enugu, with over 50 riot policemen to take...
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Ogun to automate revenue generation for 2021 budget funding
With the negative COVID-19 pandemic on revenue inflow, Ogun State Government has said that it would automate its revenue generation...
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NSE All-Share Index Rises 0.23% as Market Rebounds
The stock market rebounded yesterday after two days of decline as the Nigerian Stock Exchange (NSE) All-Share Index (ASI) rose...
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Foreign airlines test-run new travel pass, ‘digital passport’
At least two foreign airlines have begun trial runs of the new travel pass created by the International Air Transport...
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Report Sees COVID-19 as Digital Game Changer
A recent research report by Ericsson has described the COVID-19 pandemic as a digital tipping point that would define the...
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COVID-19 and the Insurance Sector
Ebere Nwoji writes on the impact of the pandemic on the global insurance sector As the second wave of the...
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UK coronavirus strain detected in 60 countries —WHO
The UK coronavirus strain has been detected in at least 60 countries, the World Health Organization said Wednesday, 10 more...
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Farewell Trump, welcome Biden
• 25, 000 National Guard troops in Washington DC for Biden’s inauguration • QAnon members planned to infiltrate inauguration, says...
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Heirs Holdings’ Audacious Acquisition of OML 17
The bold move by Heirs Holdings which manifested in the successful acquisition of a 45 per cent participating interest in...
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24 countries impose travel insurance
TWENTY-FOUR countries have imposed a travel insurance, including COVID-19 treatment fees on travellers, acording to Allianz Travel. Allianz said they...
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