Nigeria
ASUU Strike: End in sight as parties shift grounds
• Govt. Offers Union N65b, Set To Resolve Differences Over IPPIS • Negotiation Continues Next Friday • Students Suffer Trauma,...
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Zenith Bank, UBA Post N963.4bn Gross Earnings, N236bn Profit
Zenith Bank Plc and United Bank for Africa (UBA) Plc, pan-African financial institutions, have reported a combined gross earnings of...
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Experts predict economic growth to pre-COVID-19 levels in 2021
Economic and financial experts say current macroeconomic indices indicate that Nigeria’s economy will rebound in 2021. The experts, who spoke...
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Nigeria vs Bangladesh: A Tale of Two Countries
Nigeria and Bangladesh are both developing countries, each with its challenges. The politics and social fabric in both societies are...
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Finance Bill Proposes Tax Reliefs for Donors to COVID-19 Funds
•Reduces import duties on commercial vehicles, tractors •NEC resolves to engage youths More highlights of the Finance Bill 2020, approved...
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Nigeria to resume fuel imports from Niger Republic
Nigeria, Africa’s biggest oil producer, is set to resume the importation of petroleum products from a neighbouring country, Niger Republic....
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Sterling Bank Records N7.1bn Trading Income
Sterling Bank Plc has reported a trading income of N7.1 billion for the nine months quarter ended September 30, 2020,...
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Nigeria spends $500m annually importing palm oil, says FG
Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was...
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Access Bank Grows Profit by 16% to N102bn in Nine Months
Access Bank Plc’s unaudited results for the nine months ended September 30, 2020, has shown that the bank delivered strong...
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Why food prices are rising, by NEC
THE National Economic Council (NEC) has cited the restrictive effect of the Novel Coronavirus (COVID-19) and the recent #EndSARS protest...
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Demutualisation: Members support listing of NGXG on NSE platform
Ahead of the planned demutualisation, members of the Nigerian Stock Exchange (NSE), unanimously voted to support the listing of the...
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Selloff persists as market capitalisation depreciates further by N91b
Following persistent sell pressure in some high-value stocks, the domestic equities market closed negative at the end of yesterday’s transactions,...
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Labour in dilemma over tariff hikes
• Agitators push for N120 per litre of fuel • Threaten to shut down oil production in 11 days •...
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FEC okays new finance bill, rules out increase in taxes
The Federal Executive Council (FEC), yesterday, approved the Finance Bill 2020 aimed at reviewing the country’s tax laws and supporting...
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CBN Lists Conditions to Relax Third Party Forex Purchase Policy
The Central Bank of Nigeria (CBN) has given conditions to allow the opening of Forms ‘M’ by companies whose forex...
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AMCON confiscates Jimoh Ibrahim’s assets over N69.4billion debt
In continuation of its debt recovery drive, the Asset Management Corporation of Nigeria (AMCON), has taken possession of 12 prime...
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Stock Exchange gets nod to list shares
Members of the Nigerian Stock Exchange (NSE) yesterday voted for the listing of the Exchange after its conversion to a...
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Naira weakens further as dollar sells for 478
The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478....
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Money market crash triggers largest daily gain in five years
Declining interest rates in the fixed income market triggered massive rally on the equities sector of the Nigerian Stock Exchange...
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TSA Collections Hit N19tn in Five Years
• FG saves N45bn in monthly interest payments • Nigeria, Gambia sign MoU on financial policy The gross accruals...
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PIB will become law in six months, says Gbajabiamila
From the Speaker of the House of Representatives, Mr. Femi Gbajabiamila, came an assurance that the Petroleum Industry Bill (PIB)...
Read moreNo end to varsity teachers’ strike, says ASUU coordinator
THERE is no end in sight to the lingering varsity teachers’ strike, the Academic Staff Union of Universities (ASUU) said...
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Nigeria needs 19 million new jobs yearly, says Salami
The Chairman of the Presidential Economic Advisory Council, Prof. Doyin Salami, has said Nigeria needs to create 19 million jobs...
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NEITI: FAAC Disbursed N2.054tn in Q3, 2020
Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday put the total disbursement by the Federation Account Allocation Committee (FAAC) to the...
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Afreximbank, others unveil $1.5b facility to support food production
The African Export-Import Bank (Afreximbank) has partnered with the International Islamic Trade Finance Corporation (ITFC), the Trade Finance Arm of...
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