Stock market down N95bn on sale pressure
Activities on the Nigerian bourse on Thursday reversed Wednesday’s positive sentiment with a loss of N95bn in market capitalisation following…
Day: February 14, 2020
Nigeria’s oil exports fall as explosion shuts pipeline
The nation’s oil exports have suffered a setback as an oil pipeline explosion forced the Nigeria Agip Oil Company, a…
Olam, Massachusetts Institute collaborate on food workshop
Global agribusiness firm, Olam International, has announced a collaboration with the Massachusetts Institute of Technology Solve (MIT Solve) to design…
AfDB’s faults World Bank on Nigeria, Africa’s debt profiles
The African Development Bank has said that the upward debt trend of some African countries did not portend systemic risk…
Indiscriminate tax waivers affected FIRS revenue target — FIRS boss
The Executive Chairman Federal Inland Revenue Service (FIRS), Mr Muhammad Nami, has blamed non-discretionary tax waivers, illicit financial outflows and…
Forex: CBN introduces longest Naira-settled Forwards contract
In a bid to reduce demand pressure in the foreign exchange market, and enhance dollar inflow into the economy, the…
Agriculture: CBN’s revised policy on the dairy industry
In a recent circular signed by the Director, Trade and Exchange, Dr Ozoemena Nnnaji, the CBN restricted the number of companies…
SEC may announce new recapitalisation programme for capital market operators
Capital market operators should be bracing up for recapitalisation programme as indications emerged on Thursday that the Securities and Exchange…