Federal Government Unveils Compendium On States’ Economies
The Federal Government has unveiled a publication, Book of States, detailing the economic potential of states and their performances in…
Category: Local
44 Companies To Face NSE’s Sanctions Over Default Filing
A total of 44 companies quoted on the Nigerian Stock Exchange, NSE, may face sanctions from the Exchange for failing…
Naira Closes Stronger Against Dollar, Euro At Black Market
The Naira closed stronger against the US Dollar and the Euro at the unregulated segment of the foreign exchange (FX)…
Qatar To Invest $5bn In Nigeria, Says Onyeama
The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey…
Printing Currency Could Hurt Economy, Analysts Warn FG
Analysts have expressed concerns over a recent claim that the federal government resorted to printing money to augment the monthly…
COVID-19 Vaccination Low Turnout Hits States As First Phase Ends April 16 Nationwide
As the target date given by the federal government for states to end the first phase of COVID-19 vaccination approaches,…
PenCom Gets ISO Certification
The National Pension Commission said it has attained ISO 27001:2013 certification for its Information Security Management System. It said in…
Kyari Excited As Train Delivers Gas Pipes For For $2.8bn AKK Project
For the first since its take-off last year, the $2.8 billion Ajaokuta-Kaduna-Kano (AKK) gas pipeline project received a boost at…
OPL 245: Shell, Eni Should Face Prosecution, HEDA Tells Buhari
President Muhammadu Buhari has been asked to ensure that oil giants, Shell and Eni face prosecution in Nigeria. Shell and…
Tin-Can Port Customs Earned N112.7bn In Q1
The import revenue generation at the Tin-Can Island Command of the Nigeria Customs Service (NCS) rose by 23 per cent…
Revealed! Real Reason Segun Agbaje Will Not Handover GTB to A Woman
The tussle for who succeeds Segun Agbaje as the Group Managing Director/Chief Executive Officer of Guaranty Trust Bank has reached…
SPW Participants Lament Non-Payment By Federal Government
Participants in the Federal Government’s Special Public Works programme have complained about the non-payment of their stipends three months after…
Firm Drives Home Rentals With Artificial Intelligence
Digital Landlord Nigeria Limited said it has adopted the use of artificial intelligence to drive rentals of its short-let apartments.…
Electricity Generation Falls To 3,922MW, 11 Plants Idle
Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as 11 plants were idle, even as…
MTN, Banks Meet Tuesday, customers Reconnected To USSD
MTN customers have been reconnected to banking channels after commercial banks had blocked them from using their channels, including the…
Court Grants Permission To Serve Processes On ETI Abroad
The stage may have been set for a showdown between Ecobank Transnational Inc (ETI) and one of its former senior…
Federal Government Pledges To Implement Report On $1bn Abandoned Oil Facility
The federal government has received the report of the compensatory contracts and other incentives committee on the abandoned $1 billion…
Petrol, Used Vehicles, Motorcycles, Antibiotics, Nigeria’s Major Imports – NBS
Nigeria’s major export and import market in the fourth quarter of 2020 were India, Spain, the Netherlands, United States and…
CAC Sets Three-Hour Circle For Company Registration
The Corporate Affairs Commission on Sunday stated that following the successful deployment of an end-to-end registration module, it was now…
Ogun Farmers Eager For Our Fertiliser Rollout – Dangote
Farmers in Ogun State are eagerly awaiting the commencement of operations of the Dangote fertiliser plant, which is expected to…
Rising Debt: DMO Blames COVID-19, Experts Say Borrowing From Central Bank Nigeria Dangerous
Nigeria’s debt profile has been on the increase because of the impact of revenue crash and the crises trailing the…
Senate Queries FMBN N3bn Contract, Summons Ex-MD
The Senate Public Accounts Committee has summoned a former managing director of the Federal Mortgage Bank of Nigeria, Mallam Gimba…
Nigerian Stocks Fall Further, Investors Lose N30bn
The Nigerian stock market fell further last week as the market value of equities fell by N30bn. The Nigerian Stock…
GTBank Shareholders Endorse N3.00 Total Dividend For 2020, Applaud Agbaje’s Leadership
Shareholders of Guaranty Trust Bank (GTBank) Plc, at the weekend unanimously endorsed the payment of a total dividend of N3.00…
FMDQ To Deepen Market With Derivatives
FMDQ Securities Exchange Limited will soon launch a standardised market for exchange traded derivatives, a move that will deepen the…
Doctors’ Strike: Reps Summon MDCN Registrar
House of Representatives, yesterday, summoned the Registrar, Medical and Dental Council of Nigeria (MDCN), Tajudeen Sanusi, to appear before its committee…
IMF Seeks Support For Nigeria, Other Low Income Countries
The International Monetary and Financial Committee, the policy advisory committee of the Board of Governors of the International Monetary Fund,…
Nigeria: Dangote, Flour Mills, BUA In Bitter Sugar War
Three Nigerian conglomerates – Dangote Group, Flour Mills and BUA Group are currently locked in a bitter war over production…
Hope For Nigeria As Africa Awaits 428 New Oil, Gas Projects
Over 428 oil and gas projects are expected to be developed in Africa’s oil and gas sector before 2025, a…
CBN Gets Court Order To Freeze 193 More Bank Accounts
The Central Bank of Nigeria (CBN) has obtained three different court judgments from the Federal High Court, Abuja to freeze…