Nigeria
Investors Trade N3.7 Billion Shares as Market Pares Gains
Investors staked N3.713 billion on 272.839 million shares in 4,945 deals at the stock market yesterday, even as price losses...
Read more
Why national carrier plan failed
The inability of the Federal Government to yet get credible technical partners and investors to support the proposed new national...
Read more
Oil price hits $65 as Libyan oilfields shut down
Oil prices rose to their highest in more than week on Monday after two large crude production bases in Libya...
Read more
NOVA Bank appointed to collect import duty, others
NOVA Merchant Bank has been appointed as a designated collecting bank for import, excise and other duties by the Nigeria...
Read more
PenCom orders PFAs to raise retirees’ pensions
The National Pension Commission has directed the Pension Fund Administrators to implement pension enhancement for retirees on programmed withdrawal under...
Read more
Buba Now SunTrust Bank CEO
SunTrust Bank Limited has appointed Mrs. Halima Buba as its Managing Director/Chief Executive Officer. The Central Bank of Nigeria...
Read more
Borrowing rates may fall, says CBN report
A recent consumer survey by the Central Bank of Nigeria showed that members of the public expected a fall in...
Read more
Customs generate N1.34tn, surpasses target by N403bn
The Nigeria Customs Service generated a total of N1.34tn revenue for the government in the 2019 fiscal year. The Public...
Read more
Lagos allays fear over rising debts, says sustainability on par with global levels
Lagos State Government has reassured that there is no need for worries regarding its volume of debts both local and...
Read more
Minimum wage: TUC gives states January 31 ultimatum
The Trade Union Congress has given state governments that are yet to implement the N30, 000 new minimum wage up...
Read more
Foreign reserves drop to two-year low at $39.84b
The foreign exchange reserves have hit two-year low at $39.84 billion, an Economic Report by Financial Derivatives Company Limited, has...
Read more
Lagos plans tax expansion to fund N1.17tn budget
The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. ...
Read more
Tariffs on data, voice calls may go up
Telcos may have no choice but increase tariff for voice calls and data over the decision of 14 state governments...
Read more
NAICOM to digitalise all insurance operations in 2020
The portal is also expected to not only digitalise all NAICOM operations but will also require that all industry operators...
Read moreIran-U.S. tensions push oil price above $70/barrel
Some international relations experts yesterday said the biggest impact of Soleimani’s death so far, which is the surge in oil...
Read more
Buhari orders Ministry to drive economic growth
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo on Monday said President Muhammadu Buhari has given the ministry...
Read more
Economic outlook projects 5.3% return for equities in 2020
Latest Nigeria’s economic outlook has projected that the equities market would likely return at +5.3 per cent, driven by local...
Read more
CBN releases guidelines on Nigerian payment system risk
The Central Bank of Nigeria (CBN) has released the Nigerian Payment Systems Risk and Information Security Management Framework to guide...
Read more
Nigeria eyes 22m tons of maize
The Maize Farmers Association of Nigeria (MAAN) is targeting 22 million tons of corn production this year. Its President,...
Read more
Despite electricity tariff hike, FG to fund N545bn shortfall
Electricity distribution companies in the country will record a tariff shortfall of N545bn this year, an analysis of data obtained...
Read morePenCom plans pension bonds to clear N400bn arrears
The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of...
Read more
2019 issues shaping 2020 economic potential
For decades, Nigeria’s economic outcome in each year has never failed projections and expectations that were based on the activities...
Read more
We saved N700bn through TSA, whistle-blowers, reforms – FG
Through the implementation of various public sector financial management reforms, over N700bn had been saved by the Federal Government. In...
Read more
Lekoil secures $184m for Ogo oil field project
Lekoil Limited, an exploration and production (E&P) company, has secured $184 million for the appraisal drilling and initial development programme...
Read more
Repositioning NSE for contribution to 2020 growth plans
It is widely agreed among analysts that the reforms on the Nigerian capital market since the global financial crisis have...
Read more
Powered by Agusto & Co.