Browsing Category
Local
Naira falls at P2P market as FX liquidity improves by 59.4% at I&E window
The exchange rate between the naira and the US dollar closed at N416.07/$1 at the official Investors and Exporters…
Full List Of CBN 100 For 100 Policy Beneficiary
The Central Bank of Nigeria (CBN) has released the list of 28 companies that took home N23.2 billion from the first…
Tony Elumelu- A Well-Regulated Capital Market’ll Generate Wealth For Africa
The Chairman of United Bank for Africa Plc, Mr Tony Elumelu, has said a well-regulated capital market will help to…
Nigeria: Marketsquare Replaces Shoprite At Maryland Mall
Purplemaryland has said Marketsquare, a grocery retailer, will open its outlet at the mall following the exit of…
Stakeholders Laud NLNG’s Increased Cooking Gas Supply
Nigeria LP Gas Association has commended Nigeria LNG Limited for the decision to supply 100% of its LPG production…
FEC approves $328.87m railway consultancy services, N115.4bn Katsina road…
The Federal Executive Council presided over by President Buhari approved N115.4bn for the dualization of the…
Osinbajo launches integrated energy planning tool today
The Vice-President, Prof. Yemi Osinbajo launches the Integrated Energy Planning Tool in collaboration with…
Bitcoin Investor Buys The Dip By Purchasing 660 BTC For $25M
Major Bitcoin investor MicroStrategy has announced another major purchase during a market dip to collect a total…
Federal Government stakes N52.7 billion to clear petrol bridging debt
To sustain the supply of PMS in the country, the Nigerian Midstream and Downstream Petroleum Regulatory Authority…
Dangote Peugeot Automobile Begins Operation In Nigeria
Dangote Peugeot Automobiles Nigeria Limited (DPAN) has started assembling vehicles in Nigeria, beginning with the…
Nigeria: Otedola Nominates Three Directors For First Bank Board
Billionaire Femi Otedola has made new nomination into First Bank barely two months after he became the single…
Fire Engulfed Shebah Exploration & Production Offshore Facilities
The management of Shebah Exploration & Production Company Ltd (SEPCOL) has announced a fire incident, which…
Alleged N11.79b Scam: Court Renews Order To Banks To Submit Ajetunmobi Account…
A Lagos High Court sitting at Osborne on Wednesday renewed its order to all banks to furnish it with the account…
Saudi Arabia increases market access for Nigerians with startup passport
Nigeria’s startup ecosystem is expected to benefit immensely from the newly unveiled Startup Passport Initiative by…
Sugar sector attracts N250 billion investments in five years, says NSDC
The Executive Secretary of the National Sugar Development Council Zacch Adedeji has revealed that the sugar sector…
CILT partners Dangote to improve Nigeria’s supply chain standards
The Chartered Institute of Logistics and Transport in partnership with Dangote Group has resolved to strengthen the…
Moody’s To Acquire Majority Stake In GCR Ratings
Moody’s Corporation yesterday, announced that it has agreed to acquire a majority (51%) stake in Global Credit…
Nigerians Access To African Insurance Market Shrinks By Two Per Cent In 2020
There are indications in the African insurance market that the access rate has dropped from 2.78 per cent in 2019…
FIRS To Tax Profits From Investments In Bonds, Securities
The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in…
Coinoil And Three Others Grew Their Revenue By 49.96 Per Cent
Four of the major oil marketing companies in Nigeria saw their combined revenue surged by 46.96 per cent last year…
Nigeria Targets N141.250bn From Sugar Tax On Soft Drinks, Others
With the takeoff of its sugar tax that has seen the rise in prices of some soft drinks, the FG is set to earn…
MAN Wants Implementation Of E-Valuation, E-Invoicing Suspended
The Manufacturers Association of Nigeria has expressed concerns over the CBN guidelines on e-Valuation and…
Airtel Africa appoints Emeka Oparah as vice-president, corporate communications
Airtel Africa Plc has appointed Emeka Oparah, a communications professional, as vice-president, corporate…
Cititrust Holdings to list on NGX this year
Cititrust Holdings Plc, a pan-African financial and investment conglomerate, says it will transform into a publicly…
Senate considers bill seeking to establish Solid Minerals Development Bank
A bill seeking to establish the Solid Minerals Development Bank has passed the second reading at the senate.
The…
FG’s multi-tranche $4bn Eurobonds listed on NGX
Nigerian Exchange Limited says the Federal Government of Nigeria has listed $4 billion Eurobonds on its platform.…
Oil revenue plunges as Nigeria misses January OPEC quota
Nigeria missed its crude oil output target for January 2022, pumping 1.46 million barrels per day against a target…
Emefiele inaugurates N15bn rice processing factory in Kano
CBN Governor Godwin Emefiele inaugurated a rice milling factory in Kano State, with a capacity of 420 metric tonnes…
Petrol Subsidy: FG, marketers engage over N3trn payment
THE Federal Government has engaged with the Major Oil Marketers Association of Nigeria over the N3 trillion subsidy…
FG earns N1tr from privatisation, amid calls for transparency
Nigeria has earned at least N1 trillion as proceeds of privatisation and commercialisation of government-owned…