Nigeria
Govt rules out another lockdown
There will be no lockdown to contain the spread of the second wave of COVID-19, the Federal Government said on...
Read more
2020: Stock Market Soars to Positive Close
With about six trading days left in 2020, the stock market has recovered from the decline suffered in 2018 and...
Read more
Senate doubts FG’s capacity to store N400bn vaccines
THE Senate on Monday doubted the ability of the Federal Ministry of Health to effectively store and distribute the COVID-19...
Read more
OPEC: Fuel Efficiency to Cut Oil Demand by 8.6mbd in 25 Years
The Organisation of Petroleum Exporting Countries (OPEC) has predicted that up to 8.6 million barrels (mb) of daily global oil...
Read more
Equities open with N334b gain
NIGERIAN equities continued on the upswing yesterday as considerable demand for major cement and oil and gas companies roused the...
Read more
Scramble for identification numbers forces deadline extension
• Commission shuts Lagos office against unwieldy crowd • Issues new guidelines • Expert warns of COVID-19 spread There...
Read more
COVID-19 spike: Fed Govt slams five-week restrictions
NIGERIANS will in the next five weeks, live with new restrictions to prevent a further spread of COVD-19. The second...
Read more
N13.6tr budget raises concerns on key parameters, deficit
• NASS approves N3.324tr for debt servicing • Passes N453.2b NDDC 2020 budget • FG to sell assets to finance...
Read more
Nigeria’s oil faces threat as electric vehicle sales rise
The rising number of countries gradually shifting from fossil fuels and encouraging the adoption of electric vehicles may pose a...
Read more
Union Bank CEO, Emuwa, Retires
The Board of Union Bank Nigeria Plc yesterday announced that its Chief Executive Officer, Mr. Emeka Emuwa, will retire on...
Read more
BREAKING: Senate passes N13.5trn 2021 budget
The Senate at a special plenary on Monday passed the 2021 budget totalling N13.5trn. The fiscal document is predicated on...
Read more
States plan tough enforcement as new COVID-19 cases surge
State governments on Sunday renewed COVID-19 protocol enforcement as the country battled increasing cases of coronavirus. Officials of states including...
Read more
Shareholders kick against unclaimed dividend trust fund
SHAREHOLDERS have decried the plan to set up an unclaimed dividend trust fund to takeover unclaimed dividends. Shareholders under the...
Read more
Electricity: Gas, transmission, distribution facilities hinder 10,106MW generation
A total of 10,106.8 megawatts of electricity could not be generated by the nation’s power plants last week amid lingering...
Read more
VFD Group to Raise N13.5bn Capital for Growth, Expansion Plan
The VFD Group Plc has announced plan to raise N13.5 billion fresh capital through private/special placements as part of strategies...
Read more
Food prices rising, household incomes precarious – NBS
The prices of most food items increased in November this year, while the incomes for many households are still in...
Read more
42 microfinance banks lose licences
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 42 microfinance banks (MfBs). The affected banks have...
Read more
NAICOM tasks insurers on N463.1bn annuity business
The National Insurance Commission (NAICOM) has expressed worry over the declining participation of life companies in retiree life annuity (RLA)...
Read more
Investors Gain N1.3tn as Stock Market Rises to N19tn
The Nigerian stock posted another record performance last week as market indicators hit new highs while investors gained N1.334 trillion...
Read more
Senate passes 2021-2023 MTEF/FSP, pegs oil benchmark at $40
The Senate on Thursday passed the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. It pegged oil benchmark at...
Read moreWith Decentralisation, NIMC Targets 200m NIN Registration
The National Identity Management Commission (NIMC) yesterday shed more light on the licensing of 203 public and private sectors agents...
Read more
‘NAICOM unpertubed by recapitalisation suspension’
THE National Insurance Commission (NAICOM) has been in the eye of the storm since it commenced recapitalisation in 2018 till...
Read more
Gov denies ransom as Boko Haram frees 344 schoolboys
Miyetti Allah facilitated release of abducted Katsina students – Masari Abducted GSSS boys in Tsafe, Zamfara State, healthy but tired,...
Read moreWhy Nigeria, others may wait till 2024 to access COVID-19 vaccine
• Africa records 74,500 new COVID-19 cases, 1,400 deaths in one week • 1,516 cases, 13 deaths reported among healthcare...
Read more
Mutual Benefits to raise N4.8b
MUTUAL Benefits Assurance Plc is has embarked on a private placement to raise additional N4.8 billion from its investors to...
Read more
Powered by Agusto & Co.