Investors Lose N19.8bn As Banking, Insurance Stocks Drop   Investors in the Nigerian Exchange Limited lost N19.8bn at the end of trading on Wednesday as all sectoral indices, with the exception of consumer goods stocks, declined. The NGX All-Share Index declined by 0.09 per cent to 41,975.45...

Subsidy Payment Costs N864.07bn In Nine Months – NNPC   The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This amount represents 31 per cent of the total revenue of N2.7tn generated by the...

JAMB Remits N3.51bn 2021 Operating Surplus     The Joint Admissions and Matriculation Board(JAMB) has remitted the sum of N3.51 billion to the national treasury as part of its 2021 operating surplus. The 2021 remittance was in line with Prof. Is-haq Oloyede’s avowed commitment to prudent management of...

Nigeria Records $8.99bn Investment Interests In Q3, 2021     The Nigerian Investment Promotion Commission (NIPC) has said that the country attracted over $8.99 billion investment in the third quarter of 2021. The NIPC Director of Strategic Services, Abubakar Yerima, stated that the $8.99 billion investment tracked in...

Nigeria Air: FG Disburses N6.25bn On Consultancy, Advisers     The controversial national carrier, Nigeria Air, may see the light of the day before the current administration winds down, with a new take-off date now set for the first quarter of 2022. The fresh optimism, The Guardian learnt,...

Stock Market Loses N32.26bn As Investors Take Profits     The equities market of Nigerian Exchange Limited slid by N32.26bn at the end of trading on Monday as investors cashed in on recent price appreciation. The NGX All-Share index rose by 0.15 per cent, closing at 41,976.79 basis...