Emzor Completes Debut N13.73bn 5-Year Corporate Bond
Emzor Pharmaceutical Industries Limited has successfully launched its maiden N13.73 billion 5-year fixed-rate senior unsecured…
Category: Business
NSE, IFC Promote Gender Equality Among Listed Firms
The Nigerian Stock Exchange (NSE) in partnership with the International Finance Corporation (IFC) will host…
Successful Rights Issue Sign of Confidence, Says Transcorp Hotels MD
The Managing Director/Chief Executive Officer of Transcorp Hotels Plc, Mrs. Dupe Olusola, yesterday commended shareholders,…
Market Capitalisation Hits N22tr Mark On Sustained Bargain-Hunt
Following sustained bargain-hunting in most blue-chip stocks, transactions at the Nigerian Stock Exchange (NSE) continued…
Indigenous Oil Operators Keen On Expansion Amid Downturn
Despite the current downturn in the global oil and gas sector, some indigenous operators in…
Improved Crude Oil Prices Shoot Nigeria’s External Reserve To 36.23Bn
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to…
VAT Collections Hit N454.69b In Q4
The Federal Inland Revenue Service (FIRS) collected Value Added Tax (VAT) worth N454.69 billion in…
Company Income Tax Drops By N120.29bn
Total revenue from Company Income Tax dropped by N120.29bn in the fourth quarter of 2020.…
FEC Approves Policy To Stop Rejection Of Nigerian Goods
The Federal Executive Council (FEC) yesterday approved the National Quality Policy to stop rejection of…
CIS Inaugurates Committee To Review Code Of Ethic
The Chattered Institute of Stockbrokers has commenced moves to review its Code of Ethics and…
Investors’ Wealth Soar By N440 Billion In Three Trading Days
Analyst predicts increased bargain-hunting Transactions on the floor of the Nigerian Stock Exchange (NSE) sustained…
Banks’ Credit To Economy Hit N25tn In 2020
Banks’ total credit to the economy rose to N25.02tn as of the end of 2020,…
Fiscal, Monetary Reforms Needed To Fasten Economic Recovery – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to…
CBN Retains Lending Rate At 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy…
IMF Revises Nigeria’s 2021 GDP Forecasts To 1.5%
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has…
Gas Industrial Revolution As New Normal For Nigeria Beyond Crude Oil Economy
Nigeria’s debilitating energy shortages encumbering its development aspirations may soon be a thing of the past…
UAC Property to Redeem N4.36bn Bond Ahead of Maturity
The management of UAC Nigeria Property Development Company (UPDC) Plc has decided to redeem the…
NSE Allays Fear Of Market Distortions, Hopeful Of Sustained Rally
The Nigerian Stock Exchange (NSE) has allayed fears of possible policy reversal that may reverse…
Equity Market Extends Gain With N259bn
Nigerian equity market on Tuesday sustained its positive outlook as the overall performance measures, NSE…
Alfred Olajide Now MD Of Coca-Cola Nigeria
Coca-Cola has appointed Alfred Olajide as it’s new vice president and managing director for its…
Us Capitol Violence: PayPal Blocks Site That Helped Raise Funds For Those Who Attended
PayPal Holdings Inc said on Monday it had blocked a Christian crowdfunding site, GiveSendGo, after…
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…
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…
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…
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…
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…
Dangote Cement Completes First Tranche Of Share Buyback
Dangote Cement Plc has announced the completion of the first tranche of its share buyback…
Stock Market Gains N16bn After First Weekly Loss
The equity market, on Monday, returned to positive territory as the Nigerian Stock Exchange All-Share…
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…
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…