Microsoft Profit Soars As Pandemic Speeds Shift To Cloud
Microsoft said Tuesday profit rose sharply in the recently ended quarter as the coronavirus pandemic reinforced the…
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…
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…
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…
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…
FEC Approves Policy To Stop Rejection Of Nigerian Goods
The Federal Executive Council (FEC) yesterday approved the National Quality Policy to stop rejection of Nigerian…
CIS Inaugurates Committee To Review Code Of Ethic
The Chattered Institute of Stockbrokers has commenced moves to review its Code of Ethics and Standard of…
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)…
South Africa President Blasts Vaccine Hoarding At Davos Forum
South African President Cyril Ramaphosa on Tuesday lashed “vaccine nationalism,” accusing rich countries of…
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…
U.S. Economy Likely Logged Its Weakest Performance In 74 Years In 2020
The U.S. economy likely contracted at its sharpest pace since World War Two in 2020 as COVID-19 ravaged services…
Nigerians React As Buhari Appoints New Service Chiefs
Nigerians yesterday expressed conflicting views as President Muhammadu Buhari finally replaced the nation’s defence…
Google Workers To Form Global Union
Google employees from across the globe are forming a union alliance, weeks after workers at the search engine giant…
NASDAQ Temporarily Shuts Down Stock Trading After Internet Trolls Destroy Hedge…
The NASDAQ has paused trading after internet “degenerates” spotted Wall Street gearing up to make a killing, beat…
WhatsApp Clears Misinformation, Reassures Of Account Security
Messaging platform, WhatsApp, has assured that no one would have their account suspended or deleted on February 8,…
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 has said.…
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…
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…
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…
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…
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…
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…
Equity Market Extends Gain With N259bn
Nigerian equity market on Tuesday sustained its positive outlook as the overall performance measures, NSE ASI and…
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…
New Normal: Coronavirus Spurred Changes to Global Workforce To Be Permanent
Sweeping changes to the global labour market caused by the coronavirus pandemic will likely be permanent,…
Us Capitol Violence: PayPal Blocks Site That Helped Raise Funds For Those Who…
PayPal Holdings Inc said on Monday it had blocked a Christian crowdfunding site, GiveSendGo, after it…
US Stocks Pause For Breath As Bond Selloff Extends
Stocks took a breather on Tuesday, easing from record highs as political turmoil in Washington and…
Fuel subsidy: Let’s Shift To Autogas, Nigeria’s Federal Govt. tells its Oil…
As an immediate response to the rising price of petrol, and by extension, the…
Nigeria Loses N5.4tr To Tax Evasion By Multinationals
The Federal Inland Revenue Service (FIRS) has said Nigeria lost about N5.4 trillion…
Post Privatisation: Nigeria’s Stranded Power Rises 263% To 3,742MW
Contrary to expectations, there are indications that Nigeria’s electricity…