Stock Investors Lose N1.37trn In One Month
Stock Investors Lose N1.37trn In One Month
Investors in the Nigerian stock market recorded a total loss of N1.37tn in February as market capitalisation tumbled...
Weekly Diaspora Remittances Now $30m – Emefiele
Weekly Diaspora Remittances Now $30m – Emefiele
The Central Bank Governor, Godwin Emefiele, has said that weekly diaspora remittances rose from $5m to $30.
He noted...
Niger, Others’ Debts Worsening Illiquidity In Power Sector – NERC
Niger, Others’ Debts Worsening Illiquidity In Power Sector - NERC
The Nigerian Electricity Regulatory Commission (NERC) has expressed concern about the continuing inability of its...
No Fuel Price Increase in March- NNPC
No Fuel Price Increase in March- NNPC
…Cautions against Hoarding, Panic Buying
Contrary to speculations of imminent increase in the price of Premium Motor Spirit (petrol)...
Nigeria’s N31 trillion Debt Profile Unsustainable- Dr Alaje
Nigeria’s N31 trillion Debt Profile Unsustainable- Dr Alaje
Nigeria’s current debt profile of about N31 trillion is unfortunately not sustainable, Dr Paul Alaje, a Senior...
NSE’s Demutualisation Will Strengthen Investor Confidence – FIRS
NSE’s Demutualisation Will Strengthen Investor Confidence - FIRS
The ongoing conversion of the Nigerian Stock Exchange (NSE) from a not-for-profit, member-owned, mutual organisation to a...
Shell To Boost Nigeria’s Domestic Gas Plan
Shell To Boost Nigeria’s Domestic Gas Plan
The Shell Petroleum Development Company of Nigeria Limited has keyed into the Federal Government’s goal of using the...
We’ll Increase Agric Loans By 6% – CBN
We'll Increase Agric Loans By 6% - CBN
The Central Bank of Nigeria (CBN) said it will increase banking sector credit to the agriculture sector...
Osinbajo Puntures CBN Over ban on Cryptocurrency
Osinbajo Puntures CBN Over ban on Cryptocurrency
Vice President, Professor Yemi Osinbajo has said that cryptocurrencies should be regulated as opposed to the ban by...
MAP Scheme Deploys 611,231 Meters to Electricity consumers
MAP Scheme Deploys 611,231 Meters to Electricity consumers
A total of 611,231 meters have been deployed as at January 31, 2021 under the Meter Asset...
Nigeria Spent $10.7tn on fuel subsidy in 10 years – MOMAN
Nigeria Spent $10.7tn on fuel subsidy in 10 years – MOMAN
Nigeria spent a total of N10.7tn on fuel subsidy in the last 10 years,...
We Won’t Stop Borrowing Despite N32.9tn Debt-FG
We Won’t Stop Borrowing Despite N32.9tn Debt-FG
Notwithstanding Nigeria owing $86.39 billion (N32.9 trillion) to external creditors, the nation will continue to borrow to finance...
FG Plans to Hire Asset Manager for N15tn Infraco Fund
FG Plans to Hire Asset Manager for N15tn Infraco Fund
The federal government plans to hire an asset manager for its new Infrastructure Development Company...
Nigeria’s Bonny Light hits $65.36pb, as OPEC+ Considers oil production Raise
Nigeria’s Bonny Light hits $65.36pb, as OPEC+ Considers oil production Raise
Nigeria’s grade of crude oil, Bonny Light, has on Thursday witnessed a marginal rise...
AMCON Heads to Appeal Court Over N69.4b debt by Jimoh Ibrahim
AMCON Heads to Appeal Court Over N69.4b debt by Jimoh Ibrahim
The Asset Management Corporation of Nigeria (AMCON) has filed a Notice of Appeal at...
Aghughu Elected Chairperson AU Board of External Auditors
Aghughu Elected Chairperson AU Board of External Auditors.
The Auditor-General for the Federation, Mr. Aghughu Adolphus A. has been elected the Chairperson of African Union...
Stock Investors Gain N30bn As Market Closes Higher
Stock Investors Gain N30bn As Market Closes Higher
Investors in the nation’s stock market gained N30bn on Wednesday as Oando Plc and 21 other firms...
FG Mulls New Options To Deliver Prepaid Meters
FG Mulls New Options To Deliver Prepaid Meters
The Federal Government has started considering new options in delivering prepaid meters to 60 per cent of...
WorldRemit Supports CBN On New USD Bank Account Opening Process
WorldRemit Supports CBN On New USD Bank Account Opening Process
WorldRemit, a cross-border digital payments service, has expressed support for directive of the Central Bank...
NPA Records 6.6% Fall In Vessel Call
NPA Records 6.6% Fall In Vessel Call
Reflecting the impact of the COVID-19 pandemic on the maritimes sector, the number ships that sailed into the...