Nigeria
Nigeria to disengage 500,000 N-Power beneficiaries ‘soon’
About 500,000 persons engaged in Nigeria’s social investment programme N-Power will have to look elsewhere for means of livelihood as...
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Ardova Grows Revenue By 22% to N53bn in First Quarter
Ardova Plc has reported a revenue of N52.1 billion for the first quarter ended March 31, 2020, showing an increase...
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World airlines’ debt to hit $550 billion by end of year
The airline industry’s global debt could rise to $550billion by year-end, the International Air Transport Association (IATA), has said. The...
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Petrol marketers to gain N8.3bn on depot price reduction
Retail marketers of petrol are currently raking in billions of naira as findings on Wednesday showed that they would make...
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World Bank approves $346m for Lake Chad region projects
The World Bank Group on Wednesday announced the approval of $346 million for two key projects in the Lake Chad...
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CBN suspends intervention-loan repayment for one year
The Central Bank of Nigeria has said it is giving one-year moratorium on all principal repayments for COVID-19 intervention loans...
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Axxela N10 Billion Bond Records 124% Subscription
Axxela Limited, a portfolio company with a vision of becoming the preferred and fastest-growing gas & power firm in sub-Saharan...
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Stock market reopens bullish as index gains N8 billion
Despite the two day holiday declared by the Federal Government on Monday and Tuesday, to commemorate the Eid al-Fitr celebration,...
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LIRS extends deadline for filling annual returns to June 30
Lagos State Government through the Lagos State Internal Revenue Service says it has extended the deadline for filing of annual...
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TAJBank announces issuance of N150bn FGN Sukuk Bond
TAJBank, Nigeria’s most innovative non-interest financial institution, has announced a N150 million Sukuk Bond issuance as approved by the Federal...
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Petrol sold above N130 in 17 states, says NBS
Despite the reduction in the price of petrol to N125 per litre, the product was sold above N130 per litre...
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NCC explains data depletion during lockdown
The Nigerian Communications Commission (NCC), has explained why telecoms consumers are witnessing faster data depletion since the beginning of the...
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Task Before Yuguda
As the capital market community awaits the coming of Lamido Yuguda as the substantive Director General of the Securities and...
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IMF advises banks to suspend dividend payment
The International Monetary Fund has advised commercial banks to retain their earnings by suspending payment of shareholders’ dividends during the...
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Nigeria attracted $5.85bn capital inflows in Q1, 2020
The National Bureau of Statistics (NBS) on Tuesday reported that Nigeria attracted $5.85 billion capital importation in the first quarter...
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PenCom plans investments diversification post-COVID-19
As the Coronavirus (COVID-19) pandemic continues to ravage economies globally and impacting businesses negatively, the National Pension Commission (PenCom), said...
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Coronation Merchant Bank seeks N15b short-term capital
Coronation Merchant Bank Limited is seeking to raise up to N15 billion in short-term capital through the issuance of commercial...
Read morePetrol price may increase as Brent stabilises around $35/barrel
Brent, the oil against which Nigeria’s crude is priced, has hovered around $35 per barrel for about one week, raising...
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Lagos working with Fed Govt on schools reopening
THE Lagos State government is working out modalities for the resumption of schools after the ongoing lockdown of some sectors...
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Nigeria’s GDP rose by 1.87% in Q1 – NBS
Nigeria’s Gross Domestic Product grew by 1.87 per cent (year-on-year) in real terms in the first quarter of 2020. ...
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Fixed income market to witness increased activities, says NSE
The Nigerian Stock Exchange (NSE) has expressed optimism that the fixed income market would experience increased activities on account of...
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Pantami, Dabiri-Erewa Squabble over Office Space
Minister of Communications and Digital Economy, Dr. Ali Pantami, and the Chairman of the Nigerians in Diaspora Commission (NIDCOM), Hon....
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Buhari Laments Rising COVID-19 Cases, Says Upsurge Frightening
•Patients turned back as hospital beds fill up in Lagos • Healthcare facilities not reporting pandemic deaths for fear of...
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Kano, Katsina, Borno Muslims shun Sultan, PTF, storm prayer grounds
Muslims in Kano, Katsina, Borno, Zamfara and Bauchi states on Sunday shunned a directive of the Sultan of Sokoto, Alhaji ...
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‘How N15.2 billion gross written premium raises investors’ confidence’
Despite worries about a recession, operators in the nation’s insurance industry are beginning to explore digital avenues to aid the...
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