Petrol Subsidy To Gulp N102.96bn In March
The Nigerian National Petroleum Corporation may spend N102.96bn on petrol subsidy this month, going by the recent pricing template for…
Category: Local
Buhari Dragged To Court Over Plans To Borrow N895billion From Nigerians
President Muhammadu Buhari has been dragged to court over the plans of his government to borrow an estimated N895billion from…
Stockbrokers Want FG To Leverage Capital Market
The Federal Government (FG) has been urged to focus on raising bonds from the capital market to finance revenue-generating projects…
Ex-GTBank MD, Adaramodu Joins Ekiti Guber Race
The former Deputy Managing Director of the Guarantee Trust Bank, Mr. Kayode Adaramodu, has declared intention to contest the Ekiti…
Demutualisation: Stockbrokers Urged To Adjust Models With New Market Structure
Stockbroking companies in Nigeria have been urged to align their business models with the newly demutualised Nigerian Stock Exchange (NSE) to…
All-Share Index Falls 1.7% As Demutualisation Fails To Lift Market
The stock market recorded its sixth consecutive decline last week with the Nigerian Stock Exchange (NSE) All-Share Index (ASI) declining…
Naira’s Free Fall: Insurance Industry Capital Base Crashes To $1b
Naira’s depreciation has taken a toll on the capital base of the insurance industry. The capital has dropped to $1…
Oil Marketers Seek Reactivation Of 21 Depots Across Nigeria
Independent Petroleum Marketers Association of Nigeria (IPMAN) has called for the reactivation of the 21 petrol depots across the country.…
N42bn Debt: Federal Government Of Nigeria Stops Telcos From Disconnecting USSD Services
The Federal Government, on Saturday, asked telecommunication operators to put on hold, their impending suspension of Unstructured Supplementary Service Data…
ICAN To FG: Poor Forex Management Hurting Investor Confidence
The top hierarchy of the Institute of Chartered Accountants of Nigeria (ICAN) has impressed on the federal government the need…
Federal Government Of Nigeria Postpones Falomo Bridge Repairs, Partial Closure, To Announce New Date Soon
The Federal Controller of Works in Lagos, Mr Olukayode Popoola on Sunday said that the Federal Government has postponed plans…
Nigeria To Benefit From $6.95m Africa Digital Financial Inclusion Facility Grant
The Africa Digital Financial Inclusion Facility (ADFI) is offering six grants valued at USD6.95 million to finance digital financial inclusion…
Nigeria’s Rising Debt Servicing, An Economic Threat
The increasing debt service of Nigeria is an economic threat to the country, the Securities and Exchange Commission declared on…
MAN: Banks Delaying CBN’s N1tr Stimulus Package
The Manufacturers Association of Nigeria (MAN) has accused Money Deposit Banks (DMBs) of making it difficult for manufacturers to access…
Nigerian State Oil Company Rows Back Regulator’s Fuel-Price Hike
Nigeria’s state oil company ruled out higher gasoline prices this month, less than a day after the fuel regulator signaled…
Private Sector To Boost Employability Skills Of 1000 Youths
Metanoia Africa and CAIN Africa are partnering with Jobberman to provide free soft skills training for 1000 young people. Participation in the…
Wema Bank Marks IWD, Offers Loan For Female Business Owners
Wema Bank through its female proposition, Sara by Wema will mark this year’s International Women’s Day (IWD) with a webinar…
Shipping Institute Wants FG Develop Delta Ports With Ibori Loot
Capt. Tony Onoharigho, President, Nigerian Institute of Shipping, on Friday urged the Federal Government to use the repatriated James Ibori…
Higher Yields For Investors As T-Bill Rates To Near Double-Digit In H1
Fixed-income investors seeking high-yielding securities in the markets will not be disappointed in the first half of 2021 as analysts…
Higher Inflation Looms As Federal Government Increases Petrol Price To N212.61 Per Litre
The Petroleum Products Pricing Regulatory Agency (PPPRA) has announced an increase in the price of Premium Motor Spirit (PMS), otherwise…
Bureaux De Change’s Wage War Against Forex Speculators, Black Market Dealers
The Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDC) operators have declared operational war against foreign exchange speculators and…
PDP Governors Seek Financial Assistance From Buhari
Governors elected on the platform of the Peoples Democratic Party (PDP) rose from a five-hour meeting in Abuja, yesterday, to…
Coronavirus Vaccination: No Adverse Reaction From President Buhari, Others – NPHCDA
The National Primary Health Care Development Agency (NPHCDA) has said that since the country commenced its COVID-19 vaccination, no Nigerian…
How Generals Ironsi, Gowon, Obasanjo Laid Foundation For Insecurity – Sultan
The chairman of the National Council of Traditional Rulers of Nigeria and Sultan of Sokoto, Alhaji Muhammad Sa’ad Abubakar III,…
Between UK’s Diplomats And Nigeria’s New Ambassadors
he United Kingdom’s current High Commissioner to Nigeria, Catriona Laing, trended lately. The occasion was when she rejoiced with a…
Danjuma-Led COVID-19 Task Force Spends N3.3bn
The General TY Danjuma-led Victim Support Funds Task Force on COVID-19 on Thursday said it had so far spent N3.3bn…
AstraZeneca Vaccine Has No Side Effect –NAFDAC DG
Prof. Mojisola Adeyeye, the Director-General of the National Agency for Food and Drug Administration and Control, says the Astrazeneca vaccine…
#FuelPriceHike: No Increase In Petrol Depot Price This Month, NNPC Insists
he Nigerian National Petroleum Corporation has insisted that there is no increment in the ex-depot price of Premium Motor Spirit…
Manufacturers Unable To Access Central Bank Of Nigeria’s N1tn Stimulus Facility—MAN
The Manufacturers Association of Nigeria has lamented the difficulty in accessing the Central Bank’s N1tn COVID-19 Stimulus for Manufacturing and…
EFCC Arraigns Three FIRS Directors, Six Other Officers For N4.5 Billion Fraud
The Economic and Financial Crimes Commission, EFCC on Thursday, arraigned Peter Hena, former Coordinating Director of Federal Inland Revenue Service,…