T-Bills Interest Rates Jump To Two-Year High
Interest rates on Treasury bills have climbed to a two-year high on the back of a higher bid acceptance rate…
Category: Local
NAICOM, CIIN seek to boost insurance sector growth
The National Insurance Commission and the Chartered Insurance Institute of Nigeria have emphasised the need for operators in the insurance…
NGX inducts 133 new authorised dealing clerks
Nigerian Exchange Limited has inducted a total of 133 authorised dealing clerks from 63 trading license holders. During the induction…
Duty on vehicles, cargoes imported via PTML hits N224bn
The duty collected on imported used vehicles and other cargoes through Ports & Terminal Multipurpose Limited, one of the terminals…
Purple Lekki Is Creating An Iconic Space For Techies In Lagos, In Partnership With Ventures Park
Purple Lekki and Ventures Park announced today that both companies have entered into a strategic partnership for an iconic private…
Dangote Sugar Plc loses over N11 billion in market value in a single session
At the end of yesterday’s trading session, Dangote Sugar Refinery’s share price depreciated by 5.28% to close at N17.05 per…
Five Digital Products Propelling MTN Towards Tech
MTN has been growing alternative sources of revenue outside voice, maintaining an accelerated growth trajectory, with massive adoption of its…
African fintech, The Green Exchange targets $5 billion green bond issuance in Nigeria, others
African fintech, The Green Exchange is targeting $5 billion in green bond sales within five years to fund green bonds…
NGX Loses N21 Billion As Investors Initiate Cautious-Trading
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 8…
Advans Partners Axa Mansard To Launch Micro-Health Insurance Products
Advans La Fayette Microfinance Bank said it launched a micro-health insurance product in partnership with AXA Mansard, aimed at facilitating…
Nigeria:Demand Tickets From LASTMA When Arrested, Lagos Tells Commuters
The Lagos State Government, through the state Ministry of Transport, has urged Lagosians to always demand tickets from officer of…
FG begins probe of airlines over alleged collusion to fix airfares
Federal Government has commenced investigations into the alleged collusion by domestic airlines to fix airfares on all domestic routes. As…
Jamaica Finalising Steps To Debut Its CBDC
The Jamaican government has stated that it is finalizing preparations to launch the country’s central bank digital currency. In a…
Port congestion looms as 8,000 vehicles arrive Monday amid strike
Following the withdrawal of services by freight forwarders and clearing agents at Ports & Terminal, Lagos ports terminals may become…
FG to partner CBN, SEC on national savings scheme
The Minister of Finance Budget and National Planning, Zainab Ahmed on Tuesday received the National Savings Scheme Report from the…
Assist us to create more jobs, FG appeals to Korea
The Federal Government, through the Minister of Labour and Employment, Chris Ngige, has appealed to the Republic of Korea to…
NLC, IGP disagree over police exemption from N13.42tn pension scheme
Pension operators and the Nigeria Labour Congress, on Tuesday, opposed the Nigeria Police Force’s request for exemption from the Contributory…
FG to spend N3.53tn on infrastructure, human capital
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the Federal Government plans to spend a total…
Stakeholders seek improved technology in real estate sector
Stakeholders in the real estate sector have called on FG to improve technology deployment in order to effectively solve challenges…
Fidelity Bank Restates Support For CBN FX Repatriation Push, Sensitizes Customers In Emerging Opportunities In Non-Oil Exports
Fidelity Bank Plc a leading Nigerian bank has reaffirmed its commitment to actively support the CBN efforts to achieve its…
Nigeria’ll focus on natural gas exploitation, Buhari tells global community
President Buhari on Tuesday told global gas exporting countries that the FG would invest more in natural gas exploitation in…
Market Records Slight Market Movement As Capitalization Increases By N7 Billion
The NGX closed on a flat note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 3…
Trademark War: Court Rejects Coca-Cola’s Request
The Federal High Court sitting in Kano has refused to grant an interlocutory injunction sought by the Coca-Cola company seeking…
Clearing agents ground port operations, begin indefinite strike over CBN e-valuation
Ports operations at both Tin-Can Island and the Ports & Terminal Multipurpose Limited may have been grounded on Monday, following…
No more multiple taxation in Rivers, says commissioner
The Rivers State Commissioner for Information and Communications, Pastor Paulinus Nsirim, has said the administration of Governor Nyesom Wike has…
UK to fund £10m energy projects in Nigeria
The United Kingdom announced on Monday its plan to inject £10m worth of aid to invest in energy access projects…
Investors gain N50.35bn as 31 stocks rise
Investors gained N50.35bn on Monday at the end of trading on the floor of the Nigerian Exchange Limited. The market…
Nigerian Breweries’ annual revenue grows by 29.7%
Nigerian Breweries Plc has said its revenue for the 2021 financial year rose by 29.7 per cent to N437.19bn from…
Two telcos raked in N2.02tn from airtime, data in 2021
MTN and Airtel Nigeria both raked in N2.02tn from airtime and data revenues in 2021, according to the financial statements…
FG wants EU ban on Nigerian beans exports lifted
The Nigerian FG is making efforts to ensure that the ban on beans exports from Nigeria by the EU is…