US Stocks Pause For Breath As Bond Selloff Extends
Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and rising coronavirus cases gave…
Year: 2021
Fuel subsidy: Let’s Shift To Autogas, Nigeria’s Federal Govt. tells its Oil Marketers
As an immediate response to the rising price of petrol, and by extension, the return of fuel subsidy, the Federal…
Nigeria Loses N5.4tr To Tax Evasion By Multinationals
The Federal Inland Revenue Service (FIRS) has said Nigeria lost about N5.4 trillion between 2007 and 2017 through tax evasion…
Post Privatisation: Nigeria’s Stranded Power Rises 263% To 3,742MW
Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over…
Nigeria’s Corporate Affaira Commission Sets April Deadline For Account Revalidation
The Registrar-General, Corporate Affairs Commission (CAC), Garba Abubakar yesterday warned that customers who refused to revalidate their accounts would not…
Nigeria: Analyst Advocates Scrapping Of NDDC, Discretionary Allocation Of Oil Blocks
On the heels of the proposed establishment of Petroleum Host Community Fund in the Petroleum Industry Bill (PIB) currently at…
Dangote Cement Completes First Tranche Of Share Buyback
Dangote Cement Plc has announced the completion of the first tranche of its share buyback programme. According to a statement…
Mutual Funds’ Assets Rise To N1.6tr Stock Market Begins New Trading Week With Upswing
The year 2020 appeared to be the year with the highest growth in the value of mutual fund assets in Nigeria…
Stock Market Gains N16bn After First Weekly Loss
The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share Index and market capitalisation rose…
In blow to Trump, Democrats win Georgia, control of Senate
In big blow to Donald Trump and the Republican party, Democrats appeared to have won the two senate seats in…
Paternity Scandal: FCMB Adam Nuru Proceeds on Voluntary Leave to Allow Independent Investigation
The embattled Managing Director of First City Monument Bank (FCMB), Mr. Adam Nuru has reportedly volunteered to proceed on leave…
Nigeria: Bank Customers Condemn Vilifying Posts About FCMB On Social Media
The Bank Customers Association of Nigeria (BCAN) late Sunday detested in unequivocal terms the attempt by some social media commentators…