Stock Market Gains N19bn, 31 Firms Record Losses     Stock investors in the Nigerian Exchange Limited gained N19.11bn at the end of trading on Tuesday, despite negative sentiment in the market as 31 firms recorded losses as against 10 gainers. The NGX All-Share Index appreciated by 0.09...

Senate Probes Budget Office Over N19bn Payment Without Approval   The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office. Officials of the Budget Office did not appear before the Senate Public Accounts Committee. SPAC, relying on the...

CAC Generates N19bn, Remits N2.7bn To FG’s Account         The Corporate Affairs Commission on Monday announced a revenue generation of N19bn for its 2020 fiscal year. It also announced a total remittance of N2.7bn to the consolidated revenue account of the Federal Government. The Registrar-General, CAC, Garba Abubakar,...

Reps Begin Probe Of N19bn 2011 Rail Contract To Ghost Firm         The House of Representatives has resolved to investigate a contract awarded in 2011 for the rehabilitation of the Port Harcourt-Makurdi section of the Eastern Rail Line valued at N19.2bn. The House is especially probing into...

Stock Market Extends Rally, Gains N19bn       The Nigerian equity market sustained its positive outlook on Thursday for the third consecutive trading session as the key performance indicators rose by 0.14 per cent. Market watchers attributed the development to sustained confidence as bargain hunters leverage under-valued stocks. The...

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 months of this year, the Nigerian National Petroleum Corporation has said. Latest data from the NNPC showed that the refineries, which...