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Shareholders okay Dangote Cement’s share buyback offer

December 14, 2022 Shareholders of Dangote Cement Plc, have unanimously endorsed the proposed offer by its...

Customs impounds rice, Indian Hemp, others worth over N1bn

December 14, 2022 The Federal Operations Unit, FOU Zone A of the Nigeria Customs Service, NCS,...

HOME OWNERSHIP: Pension contributors must meet 5 years criteria — PenCom

December 13, 2022 Contributors under the Contributory Pension Scheme, CPS, must have contributed for five years...

NSIA unveils platform to stimulate devts in Nigerian digital ecosystem

December 13, 2022 The Nigeria Sovereign Investment Authority, NSIA, has launched the maiden edition of...

Stanbic IBTC issues N19.9bn infrastructure fund

December 12, 2022 Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has announced the...

Investors gain N396bn as equities market sustains upward trend

December 12, 2022 Investors   gained over N396 billion last week in the equities market which extended...

CASH LIMIT POLICY: Experts urge FG to sensitise public, increase productivity

December 11, 2022 ON Tuesday, last week, the Central Bank of Nigeria, CBN, introduced a policy...

What you may not know about Naira redesign

December 11, 2022 Currency redesign is generally aimed at achieving specific objectives such as improving security...

FMN drives local content through innovation competition

December 10, 2022 Flour Mills of Nigeria Plc (FMN) has announced the commencement and call for...

NIMASA jerks up Manning Bond by 400% to N5m

December 10, 2022 THE Nigerian Maritime Administration and Safety Agency (NIMASA) has jerked up the...

First Bank, JA partner on Africa’s school entrepreneurship competition

December 8, 2022 First Bank has partnered with JA Africa on ‘Company of the Year’ (COY)...

SOFT DRINKS TAX: PWC, Proshare warns FG of adverse implications

December 8, 2022 To prevent collapse of the manufacturing sector, job losses and more suffering for...

CBN limits cash withdrawals to N100,000 weekly

The Central Bank of Nigeria (CBN) has restricted cash withdrawals from over-the-counter, Automated Teller...

Nigeria spent $9.6bn to service foreign debts in 12yrs — World Bank

The World Bank, yesterday, said that Nigeria spent $9.6 billion to service foreign debts in...

Manufacturers’ expenditure on alternative power surges 110%

December 5, 2022 *N67.8 bn spent in the first half of 2022, up from N32.2...

Interbank lending drops 2.55% to N25.4trn 

December 5, 2022 Interbank (bank-to-bank) lending transactions in the money market declined to N25.4 trillion in the...

Concerns mount over airfare on Lagos-London route

December 3, 2022 Passengers travelling from Lagos to London in the coming days might be...

Naira depreciates marginally, exchanges at 445.83 to dollar

December 2, 2022  The Naira on Thursday exchanged at 445.83 to the dollar at the...

FCMB Group records 68.4% profit growth in 9mths

December 2, 2022 FCMB Group Plc has recorded   a 68.4% year-on-year growth in profit before tax...

  Manufacturing, agric sector contraction pose grave danger – Muda Yusuf

December 2, 2022 of Centre for the Promotion of Private Enterprise (CPPE), Dr. Muda Yusuf,...

Growth in diaspora remittances to Nigeria, other SSAs slows — World Bank

December 1, 2022 The World Bank has indicated that financial flows to Nigeria and other Sub-Saharan...

Naira redesign: CBN denies plan to print N5000 note

Published  on November 30, 2022 The Central Bank of Nigeria (CBN) said there’s no plan to introduce...

Tax evasion: Reps Committee gives 7-day ultimatum to FIRS, summons 9 oil companies for investigation

Published  on November 30, 2022 The ongoing investigation of the alleged tax evasion by some oil companies...

CSR: Heritage Energy, JV partners conduct scholarship tests for OML 30 beneficiaries

November 29, 2022 Heritage Energy Operational Services Limited (HEOSL), on behalf of the JV partners,...

ELECTRICITY: Azura pushes for contract sanctity, targets 3,500mw

November 29, 2022 THE Managing Director of Azura Power, Engr Edu Okeke, has called for...

Why petrol shortage worsens in Lagos, Ogun, others

November 28, 2022 There were indications, weekend, that the prolonged petrol shortage in Lagos, Ogun and ...

Bad debts weigh down banks as loan losses rise 25%

November 28, 2022 THE volume of bad debt recovered by banks fell by 18 per...

Naira: Financial stakeholders move to crash exclusion rate from 39.5 percent

Published  on November 26, 2022 Stakeholders committed to National Financial Inclusion in Nigeria will meet to further...

Nigeria’ll be great when emphasis shifts from consumption to production – Osinbajo

Published  on November 26, 2022 Vice President Yemi Osinbajo said the country will attain greatness when it...

CBN raises lending rate to 16.5 per cent to end inflation

Published  on November 23, 2022 The Central Bank of Nigeria, CBN has raised its lending rate to...

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