Rahma Oladosu

Stock Market Rises By N355bn As Airtel Africa, Others Gain

Stock Market Rises By N355bn As Airtel Africa, Others Gain   Despite the shortened trading week due to two-day public holidays, the stock market of the Nigerian Exchange Limited (NGX) halted its profit-taking streak by investors as Airtel Africa Plc added...

PenCom Says Under-40 Workers In Contributory Pensions Now At 86%

PenCom Says Under-40 Workers In Contributory Pensions Now At 86%   Workers below 40 years under the Contributory Pension Scheme rose from 73 per cent at the end of 2021 to 86.4 per cent by end of the first quarter of...

Audit Query: Senate Orders NIMASA DG’s Arrest Over $9.305bn Loss

Audit Query: Senate Orders NIMASA DG’s Arrest Over $9.305bn Loss   The Senate through its Panel on Public Accounts has ordered the arrest of the Director-General of the Nigerian Maritime and Safety Agency, Dr Bashir Jamoh, for allegedly paying $5mn to...

Finally, Marketers Hike Petrol Price To N170-N190/litre

Finally, Marketers Hike Petrol Price To N170-N190/litre   Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is believed to be a subtle agreement between Federal Government...

Foreign Reserves Records Slight Gain As Naira Weaken To N430/$ On I&E Window

Foreign Reserves Records Slight Gain As Naira Weaken To N430/$ On I&E Window   The value of the naira weakened to N430 to the dollar at the Investors’ and Exporters’ window at the end of business last week even as the...

CBN’s MPC Begins Two-day Economic Meeting Today

CBN’s MPC Begins Two-day Economic Meeting Today   The Central Bank of Nigeria’s Monetary Policy Committee will begin its two-day bi-monthly meeting on Monday (today). This came as analysts at Cordros Securities predicted that the MPC would retain the lending rates in...
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