Stock Market: New Rule Threatens Investors N1trn Funds   A newly enhanced customer identification framework for the Nigerian capital market may trap not less than N1 trillion in investors’ accounts until such investors are able to fully comply with the enhanced...

SEC To Boost Commodities Market Development   The Securities and Exchange Commission (SEC) has expressed its commitment to developing the commodities ecosystem in Nigeria to boost its non-oil sector. The Director-General of SEC, Lamido Yuguda, said this at the 2022 annual conference...

Nigeria’s Crude Oil Production Crashes To 900,000 Per Day   Nigeria’s crude oil revenue has continued to slump as the Organization of the Petroleum Exporting Countries (OPEC) newly released Monthly Oil Market Report for September revealed that the country’s crude oil...

13 Banks Generate N2.04trn Interest From Customers Loans, Securities Investment   A total of 13 banks generated N2.04trillion interest from customers loans, Securities investments, among others in first half year ended June 30, 2022 on the back of Central Bank of...

Organised Private Sector Battling Over 50 Taxes – NECA Boss   The Director-General of the Nigeria Employers’ Consultative Association (NECA) Mr Adewale Oyerinde, has said that organised businesses are presently faced with over 50 different taxes, levies and fees at all...

Aggrieved Workers Drag PENCOM To Court Over Salaries   Some aggrieved staff of the National Pension Commission (PenCom) numbering over 20 have taken the organisation to the Abuja Division of the National Industrial Court over alleged denial of salaries and unlawful...