Nigeria
Protests as Senate ignores AGF, okays N238.15b for customs
It was a session marked by protests in the Senate yesterday as the upper chamber approved N238.15 billion budget for...
Read more
In Landmark Agreement, US to Return $308m Abacha Assets for Infrastructure
The Government of Jersey, the Federal Republic of Nigeria and the Government of the United States of America have entered...
Read more
FG approaches China for $17bn loans
The Federal Government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It...
Read more
African Alliance Insurance Grows Gross Premium Written by 45%
African Alliance Insurance, has recorded a 45 per cent jump in its gross premium written to N7.5 billion for the...
Read more
Africa’s informal sector most difficult to tax — Nami
The Chairman of the Federal Inland Revenue Service (FIRS), Muhammed Nami, said yesterday that the informal sector in Africa’s economies...
Read more
Challenges loom for Nigeria as OPEC may cut 500,000bpd
There are indications that Organisation of Petroleum Exporting Countries (OPEC), and its allies, especially Russia, will further cut oil supply...
Read more
Banks recover N39.4bn non-performing loans from ICT sector
Nigerian banks recovered N39.4bn non-performing loans from its debtors in the Information and Communications Technology sector in one year. As...
Read more
NSE, SEC Enhance Capacity for Efficient Derivatives Market
In a bid to ensure an efficient derivatives market, the Nigerian Stock Exchange (NSE) and the Securities and Exchange Commission...
Read more
18 states worse hit by poverty, says AfDB
Poverty rate in more than half of the 36 states of the nation is above the national average of 69...
Read more
Investor stakes N50bn on revival of textile industry in S/West
In furtherance of the federal government policy directing military and para-military personnel to source their uniforms locally, a cotton processor,...
Read more
Budget under threat as oil sinks to $54
The international oil benchmark, Brent crude, plummeted to its lowest level in more than a year on Monday, trading below...
Read more
Coronation Merchant Bank gets new MD
THE Board of Directors of Coronation Merchant Bank Limited has announced the appointment of Banjo Adegbohungbe as the bank’s Acting...
Read more
Consolidated Hallmark Insurance Applies to Raise N1.057bn Capital
Consolidated Hallmark Insurance Plc (CHI) has applied to raise about N1.057 billion from shareholders via a rights issue, as part...
Read more
Federal Govt to pay N272.9bn maturing bonds
The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the...
Read more
Senate Puts FG’s Borrowing Request at $22.6bn
The Chairman Senate Committee on Finance, Senator Solomon Adeola, has put the federal government’s external loan request before the National...
Read more
FG abolished minimum tax to grow insurance – Osinbajo
Vice-President Yemi Osinbajo has said the Federal Government cancelled the minimum tax for insurance sector to help the sector to...
Read more
Lagos deploys 65 buses on some routes affected by okada, keke restriction
Lagos State has said it will deploy a fleet of 65 buses along major some routes from Monday, February 3,...
Read more
Report: Banks took N950b loan from CBN in three months
Commercial and merchant banks took cumulative loans worth N949.91 billion from the Central Bank of Nigeria (CBN) within three months,...
Read more
Nigerians must pay to enjoy stable electricity – TCN boss
The Managing Director, Transmission Company of Nigeria (TCN), Mr. Usman Gur Mohammed has said for Nigeria to have stable electricity...
Read more
NSE launches index for SMEs, relaxes listing requirements
The Nigerian Stock Exchange has launched a new index called the ‘Growth Board’ for the Small and Medium Enterprises. The...
Read more
‘75% Dealers Trade on Devices Not Approved by NCC’
Facts have emerged that unlicensed dealers estimated to reach 75 per cent are currently trading on devices that are not...
Read more
Lagos hospital clears China returnee of Coronavirus
The Lagos State government has debunked insinuations that the dreaded Coronavirus had found its way into the state. In...
Read more
Pension funds should be invested, not borrowed – Group
The Centre for Pension Right Advocacy has said that the funds under the Contributory Pension Scheme are meant to be...
Read more
CBN’s CRR adjustment triggers equities’ 28 per cent weekly loss
The nation’s equities market suffered its first weekly loss in 2020 as the impact of the CBN’s hike in the...
Read more
Stock Market Investors Gain N1.9tn in January
Investors in the Nigerian equities market recorded a growth of N1.88 trillion in their wealth in January while the market...
Read more
Powered by Agusto & Co.