LASEPA shuts Ikorodu Steel Manufacturing Firms
The Lagos State Environmental Protection Agency has issued issued a ‘stop-work’ order to two steel and iron manufacturing companies in…
Author: akintunde
Estate Firm Increases Access To Short-Let Apartments In Lagos
In line with its ambitions to increase access to short let rentals, Shortlethomes, a leading real estate firm, has launched…
Stakeholders Laud NBC Over Waste Management Initiatives
Stakeholders in Nigeria’s manufacturing and waste management sectors have commended the Nigerian Bottling Company Limited for its initiatives geared towards…
European Markets Head For Mixed Open After U.S. Jobs Miss
European stocks are expected to open in mixed territory on Monday as investors digest jobs data from the U.S. Friday…
SPACs Offer Hope For Reviving Singapore’s Flagging IPO Market
Singapore’s stock exchange this month launched new rules allowing SPACs to list, a move it hopes will draw more firms…
UK Food Supplies Set To Worsen As More Brexit Red Tape Is Introduced Within Weeks, Businesses Warn
Business owners fear food safety checks set to be introduced from 1 October will make some shipments unviable, but government…
Stocks End Week On a Downbeat Note After disappointing Jobs Report — Five Experts On What’s Next
Stocks looked to enter the long weekend on a dour note after a disappointing August jobs report. Nonfarm payrolls rose…
Include Revenue Sources In Budget Proposals, FG Tells MDAs
The Federal Government has directed all Ministries, Departments and Agencies of government to include revenue sources, and not just expenditures,…
NNPC Earned N4.61tn, Spent N4.52tn in 2020 — BudgIT
The Nigerian National Petroleum Corporation earned revenue of N4.61tn and spent N4.52tn in 2020, according to a report released on…
Match Shares Soar On News It Will Join S&P 500
Shares of Match Group rose more than 8% after hours, following news that the company is joining the S&P 500.…
Increasing Spending: FG’s Three-Year Deficit Hits N15.4tn Amid Revenue Crisis
Within a three-year period covering July 2018 to June 2021, the Federal Government recorded a fiscal deficit of N15.35tn, statistics…
Stock Market Halts Losing Streak, Investors Gain N35bn
Investors in the equities market of the Nigerian Exchange Limited gained N35.44bn fueled by buyer interest in large-cap stocks on…
Vodafone UK Refarms Block of 900MHz For 4G Use; Claims Breakthrough On Energy Consumption In 5GB
British mobile network operator (MNO) Vodafone UK has announced it is undertaking a project aimed at making ‘the best and…
Webuild Wins €1.26bn Contract To Build Self-Driving Highways
A consortium led by Italian builder Webuild has won a €1.26bn contract to design and build two sections of the…
LinkedIn Is Shutting Down Its Stories Feature To Work On Short-Form Video
Linkedin announced that that it will suspend its Stories feature on September 30 and begin working on a different way…
President Buhari Finally Receives NDDC Forensic Audit Report
President Muhammadu Buhari on Thursday received the final report on the forensic audit report of the Niger Delta Development Commission…
External Reserves Hit Two-Month High, as Naira Plunges Further
Nigeria’s foreign reserves have hit a two-month high, data released by the Central Bank of Nigeria (CBN) have shown. Sadly,…
VAT ‘War’ Between FIRS, States Leaves Businesses Confused
Taxpayers and business owners are scratching their heads over the authority to remit Value Added Tax (VAT), as the Federal…
Nigeria Govt Unveils Two Aircraft For Data Collection
The Federal Government has unveiled two aircraft earmarked for Airborne Geophysical Survey activities to enhance mining data collection in Nigeria.…
Nigeria: SEC Six-Month Expenses Outstrip Revenue By N1.65bn
The Senate on Thursday, raised the alarm that the Security and Exchange Commission, was gradually becoming insolvent and could go…
Nigeria: Senate Fear SEC May Liquidate By 2023
The Senate, yesterday, expressed apprehension that the Security and Exchange Commission (SEC) could become liquidated by 2023, following revelations by…
NEITI, ICPC Sign MoU To Curb Illicit Transactions
The Nigeria Extractive Industries Transparency Initiative on Thursday signed a Memorandum of Understanding with the Independent Corrupt Practices and Other…
Property Market on Steroids’: Asia-Pacific’s Real Estate Boom Sees Buyers Bidding Up Prices
Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic.…
Discos Paid N26.81bn For Electricity In June – NBET
The Nigerian Bulk Electricity Trading Plc has revealed that market receipts remitted by Distribution Companies in June 2021 amounted to…
Twitter Ban Remains, Says NCC As Nigerians Lose N220.36bn
The Twitter ban in Nigeria is still in effect according to the Director, Public Affairs, Nigerian Communications Commission, Dr Ikechukwu…
Naira Sinks To 530 Against Dollar, Pound Hits N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid…
European Stocks Muted As Markets Monitor Key Economic Data
European markets were fractionally lower on Friday morning as investors awaited key economic indicators out of the euro zone and…
China’s Stock Trading Volume Surges Above 1 Trillion Yuan For Weeks As Other Investment Options Dry Up
Chinese investors are turning to the local stock market as once-lucrative options like real estate and cryptocurrencies have fallen under…
China’s Tech Giants Pour Billions Into Xi’s Vision Of ‘Common
Alibaba will invest 100 billion yuan ($15.5 billion) over the next few years into “common prosperity” initiatives, joining a chorus…
U.S. Weekly Jobless Claims Fall; Layoffs At 24-Year Low
The number of Americans filing new claims for jobless benefits fell last week, while layoffs dropped to their lowest level…