Rahma Oladosu

Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn

Shares In UBA, GTCO, Others Lift Market Turnover By N14.8bn Heavy transactions in the shares of United Bank for Africa (UBA), Guaranty Trust Holding Company Plc (GTCO) and Access Holdings Plc lifted the volume of shares traded last week, as...

Operators May Generate N4.37trn From Marginal Oil Fields

Operators May Generate N4.37trn From Marginal Oil Fields   Operators of the new marginal oil fields are expected to earn significant revenue from the fields. Proposed crude oil exploration from 57 marginal oil fields is expected to boost Nigeria’s oil production by...

Yield On Nigeria’s Eurobond Prices Hit 13.76% High

Yield On Nigeria’s Eurobond Prices Hit 13.76% High   Data by the Debt Management Office (DMO) has revealed that yield on the 13 tracked Nigeria's Eurobond prices has continued to dwindle as yield continued to skyrocket, hovering around 8.33 per cent...

Reps Summon Finance Minister, Others Over Power Plants Sale

Reps Summon Finance Minister, Others Over Power Plants Sale   The House of Representatives’ Committee on Finance has summoned the Ministers of Finance, Budget and National Planning, Zainab Ahmed and of Power, Abubakar Aliyu, over the planned sale of five power...

PenCom Okays N13.21bn For Annuity Retirees

PenCom Okays N13.21bn For Annuity Retirees The National Pension Commission has approved N13.21bn lump sum payments to annuity retirees in the first quarter of 2022. This is according to data obtained from the commission’s quarterly report on ‘Retiree life annuity’. It stated...

JUST IN: EFCC Arraigns Ahmed Idris, Suspended AGF Remanded in Prison

JUST IN: EFCC Arraigns Ahmed Idris, Suspended AGF Remanded in Prison   The Economic and Financial Crimes Commission (EFCC) has arraigned the suspended Accountant-General of the Federation, Ahmed Idris. Idris was arrested in Kano after he failed to respond to invitations by...
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