capital Market Raised N176bn In Four Years: The Securities and Exchange Commission
The Securities and Exchange Commission has said that the capital market raised N176bn in four years and has the potential…
Category: Local
Brent Oil Futures Close At It Highest Level Since October 2018
The price of crude oil was up in London on Friday morning, climbing for a fourth day amid tighter supplies…
Meadow Foods Register 20,000 Farmers In Two Nigerian State
Meadow Foods Nigeria Limited through its GrowIT project has announced the completion of the registration and farmland mapping of 20,000…
Nigeria Exchange Limited To Hold First Technovation Conference
The Nigerian Exchange Limited, formerly the Nigerian Stock Exchange, has announced that it would be holding the first Technovation conference…
62% Of Nigeria Business Enterprises Make Use Of Mobile Banking
The National Bureau of Statistics has said that 62 per cent of enterprises use mobile banking for their business operations.…
Taiwan government Says It’s Expanding Its Businesses In Nigeria
The Taiwan government through its trading council is currently expanding its businesses in Nigeria, the Taiwan Trade Representative in Nigeria,…
Investments That Will Stand The Test Of Time – Stanbic IBTC Chief Executive
Stanbic IBTC Asset Management Limited, a subsidiary of Stanbic IBTC Holdings Plc, has urged Nigerians to patronise investment offerings that…
African Continental Free Trade Area To Help Grow Africa’s Gross Domestic Product
The Under Secretary General and Executive Secretary, The United Nations Economic Commission for Africa, Dr Vera Songwe, has said that…
Naira Continues To Maintain A Downward Trend
The naira slide to N575 on Thursday despite assurances by the Central Bank of Nigeria that there is sufficient foreign…
Nigerian Stocks Extend Decline Amid Investors’ Hesitation To Hold Bank Shares
Nigerian stocks encountered more strain on Wednesday as the benchmark index slowed 0.05 percent to its lowest point in more…
Federal, States,Local Government And Agencies Shared N696.965 Billion Revenue
The Federation Accounts Allocation Committee on Wednesday said it shared a total of N696.965bn as August 2021 revenue to the…
Nigerian Content Development And Monitoring Board Set To Develop Manufacturing Hubs In Ondo State
The Nigerian Content Development and Monitoring Board has begun activities to develop an oil and gas industrial park in Ondo…
Nigeria’s Equity Market Investors Lost N11.02 Billion At End Of Trading
Investors in the equities market of the Nigerian Exchange Limited – formerly Nigerian Stock Exchange lost N11.02bn at the end…
Increase in Demand, Shortage Of Supply Led To Increased Price Of Cooking Gas
The management of the Nigeria LNG Limited has said that marketers do not have enough infrastructure to take up its…
Development Of Seaports Will Magnify Revenue Drive In Nigeria – NPA
The Nigerian Ports Authority (NPA), has stated that Nigeria’s maritime industry accounts for 70% of cargo trade in West and…
Federal Government Pens OPEC, Requesting Higher Oil Production Quota
Nigeria has now officially written the Organisation of Petroleum Exporting Countries (OPEC), requesting a higher production quota under the OPEC+…
Analysts Worries, Gives Pathways To Debt Sustainability
Analysts have implored the Federal Government and sub-nationals to reduce recurrent expenditure, especially cost of governance, to accommodate more capital…
Foreign Airlines Grow Their Interest In Nigeria As Travel Rebounds
The return of foreign airlines into the Nigerian airspace and arrival of new entrants show that foreign airlines are increasing…
CBN Urges Against Speculation, Manipulation Of Forex
The Central Bank of Nigeria has warned Nigerians to be wary of the activities of speculators who sought to manipulate…
President Muhammadu Buhari Seek For The Amendment Of Petroleum Industry Act
President Muhammadu Buhari (retd.), has asked the Senate to amend certain provisions of the controversial Petroleum Industry Act. He was,…
Nigeria record $18.9 billion OTC FX Futures Contracts in 2020
OTC FX Futures (OTC FX Futures) are non-deliverable forwards or contracts where parties agree to an exchange rate for a…
NLNG Describes Nigeria’s Cooking Gas Shortage, Price Hike
YET another indication of Nigerian health workers’ discontent with the increasingly inclement working climate in the country was provided last…
Three Nigeria Bank Generated N75.24 Trillion From Electronic Banking Transactions
With the adoption of digital banking channels and more customers migrating to electronic banking following Covid-19 restrictions, three leading banks,…
Dangote Cement Gets New Leadership
Dangote Cement Plc has appointed Mr. Philip Mathew its new deputy group managing director and chief executive officer. According to…
Nigeria External Debt Stock Figure Rise To $14.37 Billion
The Debt Management Office disclosed in a statement on its website on Tuesday titled ‘Nigeria raises $4bn through Eurobonds’. This…
2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Presentation Stepped Down – Nigerian Senate
The disagreement between the leadership of the Senate and the joint Senate committees that worked on the 2022-2024 Medium Term…
Order Book For $3 Billion Nigeria Eurobond Issue Opened – Investor Notice
Nigeria opened the order book for a $3 billion Eurobond offering on Tuesday, aiming to issue the bond next week,…
BP Oil Trader Pronounced To Be Fired Over Nigeria Bribe Concerns
BP Plc fired an ex-oil trader because he voiced concerns about bribes being paid in Nigeria to secure local contracts, according…