Business

Post-COVID-19 Economy: Emefiele Woos Conglomerates The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged industrial conglomerates operating in the country to support...

Senate Set to Review privatization of power sector President of the Senate, Ahmad Lawan, has called for the immediate review of the privatization exercise of...

Demand For Nigeria’s Gas Yet To Plunge - Fed Govt     The federal government has said that for now, the Covid-19 has not affected the demand...

FG Targets 5million Jobs From €995m Agric Programme     The Federal Government says it is targeting about five million jobs for farmers through the €995m agricultural...

Fuel Pump Price May Rise In June As Oil Heads Towards $40 Per Barrel   If the Federal Government’s pricing template is anything to go by,...

Forum  Urges Govt  to Engage PENGASSAN, NUPENG, Others to Birth a New PIB  The Federal government and the National Assembly has been urged to engage...

Stock: Investors Gain N37bn On Blue-chip Firms     Transactions on the floor of the Nigerian Stock Exchange on Monday halted marginal negative sentiment witnessed last Friday...

MTN Commits N600bn To Network Infrastructure     MTN Nigeria plans to spend an estimated N600 billion on technical infrastructure over the next three years as it...

Report Predicts $17bn Decline In Nigerian Oil Revenue   Nigeria’s oil revenue is likely to decline by between 70 per cent and 80 per cent this...

NAFDAC Reduces Registration Cost For MSMEs By 80%     To mitigate the economic impact of COVID-19 on Micro, Small and Medium Enterprises (MSMEs) in Nigeria, the...

We Have Paid FG $13bn For Gas Purchase, Says NLNG     The Nigeria LNG Limited says it has paid over $13bn to the Federal Government for...

Ground Handling Companies Predict N20bn Revenue Loss     The Association of Aviation Ground Handlers (AGHAN) has predicted loss of about N20 billion for operators in the...

Banks Reject Payment To Foreign Business Partners   Deposit Money Banks (DMBs) are turning down payment requests from customers seeking to pay business partners abroad with...

Court Authorises Change Of Ownership Scheme For NSE     The Federal High Court, Lagos, has granted an order authorising the scheme of arrangement for the Nigerian...

FG Refineries Suffer N19bn Loss In Two Months     The refineries owned by the Federal Government recorded a total loss of N18.96bn in the first two...

Market Sheds N99bn As Profit-taking Dips Performance   At the close of trading on the Nigerian Stock Exchange (NSE) last week, the domestic equities market performed...

FAAC shares N606.196bn for April, 2020. The Federation Accounts Allocation Committee (FAAC) at its meeting via Virtual Conferencing, chaired by the Permanent Secretary, Federal Ministry...

COVID-19: StarTimes Nigeria Donates 6,000 Facemasks StarTimes Nigeria, a subsidiary of Startimes Media, a Chinese-based company which offers Digital Terrestrial Television (DTT) Network Services in...

SOLAD Commends Buhari Over Ajaokuta Revival The Sole Administrator (SOLAD) Ajaokuta Steel Company Limited, Engr. Sumaila Abdul-Akaba has described the inauguration of the Ajaokuta Steel...

Naira Exchanges At N450 To Dollar     The naira on Thursday exchanged at N450 to dollar at the parallel market as build up on dollar demand...