Monday, September 27, 2021
CEO DPR, Auwalu Sarki

DPR Targets N3.2trn Revenue By December

DPR Targets N3.2trn Revenue By December             The Federal Government, through the Department of Petroleum Resources (DPR) has said it will generate N3.2 trillion revenue by...
Nigerian Stock Exchange

Stock Investors Gain N25bn Amid Rise In Large, Medium-capped Stocks

Stock Investors Gain N25bn Amid Rise In Large, Medium-capped Stocks             Equity investors in the Nigerian Exchange Limited gained N24.92bn at the end of trading on...
National Bureau of Statistics

Bread, Cereals, Others Push Food Inflation To 20.30%

Bread, Cereals, Others Push Food Inflation To 20.30%             The National Bureau of Statistics on Wednesday said that the composite food index rose by 20.30 per...
Electronic Payment

In One Year, E-payment Transactions Rise By 85.52%

In One Year, E-payment Transactions Rise By 85.52%           Nigeria’s electronic payment transactions increased by 85.52 per cent year-on-year to N171.99tn in August 2021, data obtained...
Naira Against Dollar

Naira Crashes To N550/$1 In Parallel Market

Naira Crashes To N550/$1 In Parallel Market             The naira on Monday suffered a major setback, losing N5 to close at N550 to dollar at the...
CBN Governor, Godwin Emefiele

CBN Fixes Oct For launch Of N15trn Infrastructure Fund

CBN Fixes Oct For launch Of N15trn Infrastructure Fund           The Central Bank of Nigeria announced that InfraCorp Plc, the N15trn Infrastructure Fund which will boost...
Nigerian Stock Exchange

Investors Earn N733bn Dividends In Nine Months

Investors Earn N733bn Dividends In Nine Months             Investors have received over N732 billion from dividend payout by 58 companies across 10 sectors listed on Nigerian...
National Bureau of Statistics

Fed Govt Suffers N5.8trn Revenue Shortfall From Non-oil Exports

Fed Govt Suffers N5.8trn Revenue Shortfall From Non-oil Exports             Within a three-year period covering December 2017 to December 2020, Nigeria generated a total sum of...
President Muhammadu Buhari

President Buhari Appoints NEITI Into PIA Committee

President Buhari Appoints NEITI Into PIA Committee           President Muhammadu Buhari has approved the appointment of the Nigeria Extractive Industries Transparency Initiative (NEITI) into the Petroleum...
Naira Against Dollar

‘Naira’s Depreciation To Persist’

'Naira’s Depreciation To Persist'       The naira depreciated across the official and parallel markets with many pundits yesterday projecting further depreciation of the nation’s currency. The naira...
Refinery

Idle NNPC Refineries Sell N463.63m Worth Of Electricity

Idle NNPC Refineries Sell N463.63m Worth Of Electricity       While they did not process a single barrel of crude oil in 2020, Warri and Kaduna refineries...
Nigerian Stock Exchange

Stocks Extend Decline, Investors Lose N177bn

Stocks Extend Decline, Investors Lose N177bn       The market capitalisation of equities listed on the Nigerian Exchange Limited plunged by N176.64bn last week as the All-Share...
NCAA DG , Captain Musa Nuhu

Aviation: Fed Govt Okays New Handling Rates, 35 Years After Last Adjustment

Aviation: Fed Govt Okays New Handling Rates, 35 Years After Last Adjustment       The federal government has approved a new Safety Threshold Ground Handling Charges for...
Nigerian Stock Exchange

Financial Stocks Contribute N8.2bn To Total Equities’ Turnover

Financial Stocks Contribute N8.2bn To Total Equities’ Turnover       The financial services industry dominated in volume terms at the end of last week’s transactions on the...
Palm Oil

Nigeria To Increase Oil Palm Production By 67%

Nigeria To Increase Oil Palm Production By 67%         Nigeria’s oil palm production is set to rise beyond two million metric tonnes per annum (MMTA) in...
Manufacturers Association of Nigeria

MAN Seeks Preferential Forex Allocation

MAN Seeks Preferential Forex Allocation       The Manufacturers Association of Nigeria (MAN) has called on the Federal Government to ensure that adequate foreign exchange (forex) is...
NNPC Towers

NNPC Refineries Generate Zero Revenue, Pay Workers N69bn

NNPC Refineries Generate Zero Revenue, Pay Workers N69bn         Workers at the government-owned refineries were paid a total of N69.07bn last year, even as the plants...

Breaking: Appeal Court Halts Rivers, Lagos from collecting VAT.

Breaking: Appeal Court Halts Rivers, Lagos from collecting VAT. The Court of Appeal in Abuja has halted the Rivers State government from collectting Value Added...

NAICOM boss Calls For Regulatory Reforms to Tackle challenges in African insurance markets

NAICOM boss Calls For Regulatory Reforms to Tackle challenges in African insurance markets The Commissioner for Insurance/CEO, National Insurance Commission (NAICOM), Sunday Thomas, has advocated...
Naira Against Dollar

Naira Plunges To 543/$, Pounds Now N740

Naira Plunges To 543/$, Pounds Now N740       The naira continued its downward spiral on the parallel market on Thursday, selling for 543 to the dollar. While...