Nigeria
Investors’ fortune soars further by N426 billion in four trading days
The dominance of the bulls have continued unabated, as the equities market sustained positive sentiments for four consecutive trading days,...
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At 20.89bn Litres, Nigeria’s Petrol Imports Hit Six-year High
•South-west takes delivery of 6.24bn litres •North-east got 1.4bn litres Nigeria imported a total of 20.89 billion litres of...
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Extend ‘due courtesies’ to doctors, IGP orders officers
The Inspector-General of Police, Mohammed Adamu, has directed all officers of the Force to “extend due courtesies to essential service...
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FEC approves N4.08b for projects
The Federal Executive Council (FEC) on Wednesday approved another N4,080,261,992 for projects in Works and Housing, Aviation, Transportation, and Petroleum...
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Lagos begs doctors as NMA orders indefinite sit-at-home
The Nigerian Medical Association in Lagos State has asked its members to embark on an indefinite ‘sit-at-home’ over alleged harassment...
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Why governments may lose COVID-19 battle, by UN
• Police provoke doctors’ wrath over brute enforcement of curfew • Journalists, others on essential duties exempted, says IGP •...
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BDCs warn members against speculation, dollar exchanges N461/$
The Association of Bureaux De Change Operators of Nigeria has warned its members and forex speculators putting pressure on the...
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Buhari, APC under fire over alleged N48b ministry scam
• PDP, others seek probe into allegations • Groups fault move against perm sec • Contractors picket office over N17b...
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All-Share Index Rises Further as Market Sustains Bullish Trend
The Nigerian equities market sustained its bullish trading yesterday as the main index gained 1.03 per cent to close higher...
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Police Embark on Strict Enforcement of Curfew, Interstate Travel Ban
•Bow to pressure, amend no-exemption directive against journalists, health workers •FG holds self-medication responsible for most COVID-19 deaths •Trains 12,000...
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PPPRA clears marketers to import petrol
Private oil marketers have now joined the Nigerian National Petroleum Corporation in the importation of petrol. It was gathered...
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Naira depreciates at I&E window, forex turnover up 117%
T The naira has depreciated to N386.33 at the Investors and Exporters (I&E) window as investors and importers continue to...
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Senate demands immediate reversal of power privatisation
The Senate on Tuesday asked the Federal Government to consider a comprehensive review of the power privatisation policy with a...
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Too early to rejoice as oil price hits $35
Energy experts in Nigeria are uncertain of the sustainability of current increase in the prices of crude oil, as Brent...
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Bread prices may increase by 60%, bakers warn
Bakers in Lagos State have urged the Federal Government to intervene in the prices of baking materials, which may lead...
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Yuguda is new SEC DG
President Muhammadu Buhari has appointed Mr Lamido Yuguda as the new substantive Director-General of the Securities and Exchange Commission (SEC)....
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Nigeria’s $37bn foreign reserves adequate to support economy – Emefiele
The Governor of the Central Bank of Nigeria (CBN) Mr. Godwin Emefiele, has assured that Nigeria’s $37bn current foreign reserves...
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BUA Cement Records N61bn Profit, Recommends N1.75 Dividend Per Share
BUA Cement Plc yesterday announced a dividend of N1.75 per share for the year ended December 31, 2019. The dividend...
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Buhari Extends Nationwide Curfew, Kano Lockdown by Two Weeks
•Urges govs to work with task force •216 fresh cases move tally to 6,175 with 1,644 discharged, 191 dead •Mortality...
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FG quarantines British aircraft pilots, to apply full sanctions
The Federal Government on Monday announced that the pilots of the impounded FlairJet aircraft would be quarantined for 14 days,...
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Fuel pump price may rise in June as oil heads towards $40 per barrel
If the Federal Government’s pricing template is anything to go by, Nigerians may have to brace for an increase in...
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NBS: VAT generated N338.94b in Q1
The National Bureau of Statistics (NBS) says N338.94billion was generated as Value Added Tax (VAT) in the first quarter (Q1)...
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Zenith General Insurance Profit Rises By 16% to N3.67bn
Zenith General Insurance Limited has released its full-year financial statements for the year ended 31 December 2019. A review...
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Lagos lists conditions to reopen businesses, worship centres
THE CONDITIONS Register-to-Open must be filled Inspection of business facilities Visitation to religious centres to determine compliance Hospitality, Events, Entertainment,...
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We have paid FG $13bn for gas purchase – NLNG
The Nigeria LNG Limited says it has paid over $13bn to the Federal Government for feed-gas purchase since the inception...
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