Nigeria: Survey Shows Strong Support for Finance Act 2020
A recent survey by PwC has shown 92 per cent public support for Nigeria’s Finance Act 2020. On the changes…
Category: Local
Federal Government Of Nigeria To Announce Stand On Electricity, Pump Price Tariffs Feb 22
Nigerians may have to wait for another three weeks to get the decisions of the report of the technical committes…
Federal Government Of Nigeria, World Bank Begin Process To Rebase Nigeria’s GDP
The Federal Government in collaboration with the World Bank have commenced the process to rebase Nigeria’s Gross Domestic Product. Experts…
Capital Market, Viable Funding Source For SMEs – Nigerian Stock Exchange
The Nigerian Stock Exchange has described the capital market as a viable source of funding for Small and Medium Enterprises,…
Nigeria’s Security Exchange Commission Releases New Rules On Collective Investment Schemes
The Securities and Exchange Commission (SEC) has released rules for collective investment schemes (CIS) prescribing that units of a collective…
Stocks Shed N20Bn As Insurance Firms Lead Losers
Investors lost N20bn on Wednesday as the nation’s stock market extended its decline to the third consecutive trading session amid…
Weighing Economic Implications Of SIM Card Blockage
As revealed by the National Bureau of Statistics (NBS), the IT sector in Nigeria thrived tremendously, despite the challenges witnessed…
Telcos Collect 56.18 Million NINs, FG Fixes April 6 Deadline
A total of 56.18 million National Identity Numbers have been collected by the mobile network operators and submitted for linkage…
Nigeria: FG Seeks Support Of AU, Others To Create African Single Digital Market
The Federal Government has urged the African Union Commission and all its international partners to support Nigeria’s call for creating…
Oil Market: Prices Surge Over $57.49 Per Barrel As OPEC, Non-OPEC Commit To Output Cut
AS members of the Organisation of Petroleum Exporting Countries, OPEC, and non-members commit to oil output cut, oil prices, Tuesday,…
Nigeria: FG Puts up Recovered Assets for Sale, Invites Bids
The federal government is gearing up for the sale of recovered assets, including vehicles, boats, ships, plants and machinery as…
NESG Projects 2.9% Economic Growth In 2021
The Nigerian Economic Summit Group (NESG) has projected that the Nigerian economy would grow by 2.9 per cent in this…
Nigeria: FG, Labour To Consider Electricity Tariff, Fuel Price Reports Feb 22
The Federal Government and the organised labour will reconvene on February 22 for the consideration of the reports of the…
A Good Start For The Nigerian Stock Market
Goddy Egene writes that the 5.3 per cent gain recorded by the equities market in January is a positive development…
Nigeria’s Low-Interest Rate Creates Opportunities For These Businesses
Among the challenges in Nigeria’s troubled economy lie some opportunities. Access to cheap capital amid low-interest-rate environment is one of…
Nigeria Has $900Bn Dead Capital In Real Estate, Agric-PWC
Nigeria holds as much as $900 billion worth of dead capital locked up in residential real estate and agricultural land,…
CBN Cancels Commodity Exchange Privatisation, Invests N50 Billion
In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost production of farmers. This will…
Nigeria: Strengthening The Public University System
The Academic Staff Union of Universities (ASUU) was founded in 1978 as an educational trade union to act as a…
Nigeria: Labour Pushes For 40 Per Cent Reduction In Electricity Tariffs
There is a stalemate in the push for electricity tariffs reversal championed by Organised Labour. Labour is pushing for a…
Nigeria: Presidency Keeps Mum As IG, Adamu, Retires Today
Will President Muhammadu Buhari replace the Inspector-General of Police, Mr. Mohammed Adamu, who is billed to retire today after clocking…
Nigeria: 2023 Igbo Presidency Campaigners Form Coalition
Campaigners for Nigerian President in 2023 from the South-East Zone, at the weekend, formed a coalition to deepen their advocacy…
Nigeria: Buhari Fails To Summon Police Council Meeting, IGP’s Tenure Ends Today
The President, Major General Muhammadu Buhari (retd.), has failed to summon a meeting of the Nigeria Police Council for the…
Nigeria: NCC Moves To Curb Data Depletion, Faulty Deductions
The Nigerian Communications Commission (NCC) has stepped into all cases of data depletion and wrong deductions of consumers’ credit through…
External Reserves Hit $36.39bn On Improved Crude Oil Price
The external reserves stood at $36.39bn as of January 27, the latest figures from the Central Bank of Nigeria revealed.…
Dutch Court Rules Shell Liable For Niger Delta Oil Spills
An appeals court in the Netherlands on Friday ordered Royal Dutch Shell to pay compensation to Nigerian farmers over oil…
Nigeria: FG Donates Relief Materials To Over 2,000 IDPs In Zamfara — Commission
The National Commission for Refugees, Migrants, and Internally Displaced Persons, on Friday, launched the distribution of relief materials to over…
Nigeria, Middle East Trade Volume Hits $19.3Bn
The bilateral trade volume between Nigeria and the Middle East reached $19.3 billion in 2019 while Nigeria’s export to China…
FG Commits $670M On $3.5Bn Brass Methanol Plant Construction
The Federal Government has committed an equity investment of $670m for the construction of 10,000 tonnes per day methanol production…
Tobacco Control: CAPPA Launches TakeApart Nigeria Report
Corporate Accountability and Public Participation Africa, CAPPA, on Friday, launched the TakeApart Nigeria report entitled “The Big Tobacco Allies— How…