FG fails to meet revenue projection for 2019, as revenue hits decline mode
The Federal Government made N1.1 trillion from Value Added Tax (VAT) in twelve months, with the Federal Inland Revenue Service…
Day: February 11, 2020
Canada invites fresh 3,500 candidates to apply for Permanent Residence
The Canadian Government has issued fresh 3,500 invitations to Express Entry candidates to apply for permanent residence in a draw…
Andela partners Facebook, UNODC to host Hackathon4Justice
Andela, Facebook and the United Nations Office on Drugs and Crime (UNODC) joined hands as they hosted the ‘Hackathon4Justice’, a…
U.S. okays NSIA to manage $318m Abacha loot
THE Nigeria Sovereign Investment Authority (NSIA) will manage the $318 460,329 Abacha loot, the repatriation of which was secured last…
5.4m poor Nigerians now receiving N5,000 monthly – FG
The federal government through the National Social Safety Nets Coordinating Office (NASSCO), says a total of 5,433,394 Nigerians are now…
Early Facebook investor Peter Thiel cashes in 80% of his remaining stock in the social media giant (FB)
Peter Thiel, an early investor in Facebook , dumped $11 million worth of the social media giant’s stock on February…
SON shuts 13 steel factories over infractions
The Standards Organisation of Nigeria (SON) National Steel Task Force has sealed 13 steel factories across the country for standards…
Investors lose N153.6 billion on Monday as ASI dip 1.05%
Stock market investors lost N153.6 billion at the start of the week to a bearish trade session after the market…
BREAKING: CBN restricts forex for milk import to Nestle, Chi, Friesland, 3 others
The Central Bank of Nigeria (CBN) has restricted foreign exchange for milk importation to six companies in Nigeria to boost…
FG says ‘extension’ needed on West Africa currency launch
West African powerhouse Nigeria on Monday called for a delay to the launch of a region-wide currency tentatively scheduled to…
Access Bank seeks listing of N15bn green bond
Access Bank Plc has announced its intention to list its N15 billion 15.50 percent fixed rate unsecured climate-credential green bond…
Stock market down N154bn on sale pressure
The equities market closed on Monday on a negative note, declining by 1.05 per cent as investors sold off shares…
How underwriters’ earnings renew investors’ hopes
Determined to increase the shareholders’ confidence in the nation’s insurance industry, the 2019 underwriting performance of the sector operators, particularly…
Pressure on equities defy earning season, index slumps by 2.69 per centp
Despite improved numbers in 2019 full year result churned out by quoted companies, sentiments remained weak in the equities market,…