Nigeria
Subscribers leaving mobile service providers rise by 216%
The number of subscribers leaving their mobile telecommunications service providers for other mobile networks increased by 216.09 per cent within...
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Merchants defy CBN’s directive on N50 PoS charge
Despite the directive of the Central Bank of Nigeria to merchants to stop the deduction of additional N50 on Point...
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Dangote’s fortune rises by $4.3b
Africa richest man, Aliko Dangote has moved up in the world billionaires’ list, emerging the 96th richest person in the...
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Accountant General queried over non-disclosure of N57bn FG grants
The Accountant General of the Federation, Alhaji Ahmed Idris, has been queried by the Auditor-General for the Federation, Mr....
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MTN, CCNN, FCMB make NSE’s benchmark stocks
The Nigerian Stock Exchange (NSE) on Thursday included MTN Communications Nigeria Plc, Cement Company of Northern Nigeria (CCNN) Plc and...
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ARM Announces Investment in Trove Technologies
The Asset & Resource Management Holding Company Limited (ARM) has announced that it has made an equity (investment) in Trove...
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Lessons for Nigeria on borrowing as Rwanda finances 84% of budget
Nigeria may need to explore innovative measures of improving productivity and generating revenue beyond increased borrowing, if it hopes to...
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Buhari may sign Finance Bill today — Minister
She disclosed this at the public presentation and breakdown of the 2020 budget in Abuja, yesterday. Ahmed said the provisions...
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Lekki-Ikoyi bridge toll goes cashless
In line with the policy thrust of Governor Sanwo-Olu Babajide on traffic management and easy movement of people and goods...
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FG targets 56 per cent revenue in 2020 from non-oil sources
To demonstrate its determination to diversify the economy, and attendant revenue streams, the Federal Government hopes to generate about 56...
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DPR Launches New Guidelines for Upstream Sector
The Department of Petroleum Resource (DPR) has launched its new guidelines of operations for the upstream sector of the Nigerian...
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Insurance recapitalisation to cost N77b
The ongoing recapitalisation in the insurance industry will cost insurers about N77 billion, The Nation has learnt. Top industry...
Read moreMarket loses gaining streak as capitalisation sheds N38b
The Nigerian equities market lost Wednesday gains at the end of yesterday’s’s transactions, following sell-pressure in high cap stocks, resulting...
Read moreAllocation to FG, states, LGs drops by N66bn
The Federation Account Allocation Committee on Wednesday allocated the sum of N635.82bn to the three tiers of government as revenue...
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ZKTeco Plans Investment in Nigeria, to Establish Offices, R&D Centre
ZKTeco, one of the world leaders in biometrics technology, identity management and security applications, has said it plan to establish...
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‘Compulsory housing insurance is worth over N1trillion’
Nigeria’s compulsory housing insurance policy if properly enforced can generate over N1trillion, and a call on the National insurance Commission...
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Stakeholders meet over drone regulations, others
THE Nigerian Communications Commission (NCC), Office of the National Security Adviser (ONSA) and the Nigerian Civil Aviation Authority (NCAA) yesterday...
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Greif Nigeria to delist from NSE …plans sale of assets
Greif Nigeria Plc, a manufacturer of steel drums and plastic containers, has revealed its plans to delist from the Nigerian...
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Buhari may seek amendments to 2020 budget
The President, Major General Muhammadu Buhari (retd.), said on Tuesday that he might seek virement and amendments to the 2020...
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Inflation rate rises to 19-month high at 11.85%
The National Bureau of Statistics on Tuesday released the Consumer Price Index, which measures inflation rate, with the index rising...
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Report: Banks took N319b CBN loan for liquidity control
Commercial banks and merchant banks have accessed N319.28 billion loan from the Central Bank of Nigeria (CBN) to control their...
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Nigeria, others pushed global debt to $188tn – IMF
Total global debt rose by $3tn to $188tn at the end of 2018 as Nigeria, China and other countries increased...
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Yuletide-induced demand jacks up food prices
While the impact of border closure may appear to be waning, festive-induced demand took a toll on food prices, as...
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FIRS issues 7 days ultimatum to tax defaulters
The Federal Inland Revenue Service (FIRS) has issued a seven-day notice to tax defaulters, with a warning that it will...
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Hyundai to set up car plant in Nigeria
Hyundai Engineering Company Limited said on Tuesday that it was on the verge of setting up a car plant in...
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