Drop in ETF Capitalization Caused by Foreign Investors' Exit, Says NGX boss
The Chief Executive Officer of the Nigerian Exchange Limited, Mr Temi Popoola, has revealed that the exit of foreign investors from the capital market led to a depreciation in the market capitalisation of...
FEC Approves N142bn e-Customs Project
The Federal Government had approved an e-Customs modernisation project worth at least N142.24bn amid reports of an existing court order restraining it from proceeding with the project.
The Minister of State, Budget and National Planning, Clem Agba, who said he was...
NGX Rebounds As Investors Gain N2bn
The Nigerian Exchange Limited (NGX) rebounded on Tuesday, recording N2bn gain for investors.
The All-Share Index also appreciated by 11.54 base points to 51, 138.92, pushing the year-to-date returns marginally to 0.22 per cent at the end of trading.
Market activities...
Fed Govt Plans 13 Fresh Oil Sector Policies
The Federal Government will in the coming weeks, release 13 new regulations in the upstream sector of the oil and gas industry.
This was revealed by the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...
Nigeria Has Final Say On Petrol Subsidy Removal - IMF
The International Monetary Fund (IMF) has said Nigeria’s plan on whether to remove petrol subsidy or not remains a political and domestic decision for the country’s leadership.
Speaking at the Sub-Saharan Africa Regional Economic Outlook press...
'Foreign Airlines Trapped Funds Will Be Remitted Soon'
The Federal Government of Nigeria has taken a major step towards resolving the issue of trapped funds belonging to foreign airlines operating in the country.
The President of the National Association of Travel Agents of Nigeria (NANTA) Susan...
