New IGP: Be guided by Police Act 2020, legal Practitioner Counsels Buhari
An Abuja based legal practitioner, Barrister Silas Joseph Onu has called on President Muhammadu Buhari to name a new Inspector…
Category: Local
These Budget Numbers Show What Nigeria Can Learn From Lagos
Nigeria can look to an in-house example for inspiration on how to better manage its finances. Lagos State, Nigeria’s commercial…
AFCFTA: FG Pushes ECOWAS Brown Card Scheme
INSURANCE As Nigeria settles down to the implementation of the African Continental Free Trade Area, AFCFTA, the Federal Government, FG,…
‘Nigeria’s Manufacturing Sector Still Struggling To Survive’
Despite the ability to take millions of people out of poverty by way of providing employment opportunities while also creating…
FG Restructures Commodities Exchange, Halts Privatisation Plans
The Federal Government is repositioning the Nigerian Commodities Exchange into a commercially viable platform for delivering efficient pricing of Nigeria’s…
IMF Foresees Improved Capital Spending In Nigeria
The International Monetary Fund (IMF) has projected that Nigeria’s capital spending will improve this year while anticipating that financing the…
Market Capitalisation Hits N22tr Mark On Sustained Bargain-Hunt
Following sustained bargain-hunting in most blue-chip stocks, transactions at the Nigerian Stock Exchange (NSE) continued upbeat, as market capitalisation of…
No Amount Of Funds For Education Is Sufficient, Says Ex-ASUU Chair
Immediate past Chairman, Academic Staff Union of Universities (ASUU), Nnamdi Azikiwe University, Awka, Anambra State, Prof. Dennis Aribodor has canvassed…
Indigenous Oil Operators Keen On Expansion Amid Downturn
Despite the current downturn in the global oil and gas sector, some indigenous operators in Nigeria are stepping up efforts…
Improved Crude Oil Prices Shoot Nigeria’s External Reserve To 36.23Bn
The CBN says Nigeria’s Foreign Exchange Reserves rose from 34.94billion dollars in November 2020 to 36.23billion dollars as at Jan…
VAT Collections Hit N454.69b In Q4
The Federal Inland Revenue Service (FIRS) collected Value Added Tax (VAT) worth N454.69 billion in the fourth quarter (Q4) of…
Company Income Tax Drops By N120.29bn
Total revenue from Company Income Tax dropped by N120.29bn in the fourth quarter of 2020. The National Bureau of Statistics…
Investors’ Wealth Soar By N440 Billion In Three Trading Days
Analyst predicts increased bargain-hunting Transactions on the floor of the Nigerian Stock Exchange (NSE) sustained a current rally for the…
Nigeria’s Electoral Act: INEC Chair, Senators In Final Push To Amend Law
Senators and some national commissioners of the Independent National Electoral Commission (INEC), including its chairman, Prof. Mahmood Yakubu, yesterday, met to…
Nigerians React As Buhari Appoints New Service Chiefs
Nigerians yesterday expressed conflicting views as President Muhammadu Buhari finally replaced the nation’s defence chiefs. While some applauded the action,…
Banks’ Credit To Economy Hit N25tn In 2020
Banks’ total credit to the economy rose to N25.02tn as of the end of 2020, the Central Bank of Nigeria…
Fiscal, Monetary Reforms Needed To Fasten Economic Recovery – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to show stronger commitment to key…
CBN Retains Lending Rate At 11.5%
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent.…
IMF Revises Nigeria’s 2021 GDP Forecasts To 1.5%
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update released yesterday has projected that the Nigerian economy…
Gas Industrial Revolution As New Normal For Nigeria Beyond Crude Oil Economy
Nigeria’s debilitating energy shortages encumbering its development aspirations may soon be a thing of the past if a $10billion infrastructure investment…
UAC Property to Redeem N4.36bn Bond Ahead of Maturity
The management of UAC Nigeria Property Development Company (UPDC) Plc has decided to redeem the 5-year bonds worth N4.36 billion…
NSE Allays Fear Of Market Distortions, Hopeful Of Sustained Rally
The Nigerian Stock Exchange (NSE) has allayed fears of possible policy reversal that may reverse the current positive trajectory witnessed…
Equity Market Extends Gain With N259bn
Nigerian equity market on Tuesday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation, rose…
Alfred Olajide Now MD Of Coca-Cola Nigeria
Coca-Cola has appointed Alfred Olajide as it’s new vice president and managing director for its Nigeria operations A statement by…
Fuel subsidy: Let’s Shift To Autogas, Nigeria’s Federal Govt. tells its Oil Marketers
As an immediate response to the rising price of petrol, and by extension, the return of fuel subsidy, the Federal…
Nigeria Loses N5.4tr To Tax Evasion By Multinationals
The Federal Inland Revenue Service (FIRS) has said Nigeria lost about N5.4 trillion between 2007 and 2017 through tax evasion…
Post Privatisation: Nigeria’s Stranded Power Rises 263% To 3,742MW
Contrary to expectations, there are indications that Nigeria’s electricity sector has recorded huge set back since the private sector take-over…
Nigeria’s Corporate Affaira Commission Sets April Deadline For Account Revalidation
The Registrar-General, Corporate Affairs Commission (CAC), Garba Abubakar yesterday warned that customers who refused to revalidate their accounts would not…
Nigeria: Analyst Advocates Scrapping Of NDDC, Discretionary Allocation Of Oil Blocks
On the heels of the proposed establishment of Petroleum Host Community Fund in the Petroleum Industry Bill (PIB) currently at…
Dangote Cement Completes First Tranche Of Share Buyback
Dangote Cement Plc has announced the completion of the first tranche of its share buyback programme. According to a statement…