Buhari Directs TETfund To Increase Research Fund To N8bn     The President Muhammadu Buhari has directed the Tertiary Education Trust Fund (TETFUND) to increase research fund under the National Research Fund (NRF) scheme to the tune of N8 billion. The president gave the directive yesterday at the...

Market Capitalisation Plunges By N8bn     Transactions on the Nigeria Stock Exchange (NSE) reversed the previous session’s gains to close on a downturn yesterday, with market capitalisation depreciating by N8 billion. The All-Share Index (ASI) fell by 14.68 absolute points, representing a decline of 0.04 per cent...

Stock Market Extends Decline, Records N8bn Loss         Transactions on the floor of the Nigerian equity market extend losses on Monday as bears tightened their grip on the market. The market breadth also closed on a negative note with five gainers against 46 losers. The Nigerian Stock Exchange...

Oyo State Govt Pays N8bn Gratuity To 3,783 Retirees         The Oyo State Government disclosed on Monday that it paid a total of N8bn to 3,783 retirees as gratuity under the state’s civil service, judicial service, teaching, non-teaching, as well as the local government service commission...

Stock Market Extends Rally, Investors Gain N8bn       The nation’s stock market sustained its rally on Monday for the third trading session following gains recorded majorly by blue-chip stocks. The key market performance indicator, the Nigerian Stock Exchange All Share Index, rose by 0.6 per cent following...

Eleven Banks Paid N8bn IT Levy In 2019     Eleven Nigerian banks paid about N8.08bn Information Technology-related levies to the government in 2019, the audited financial reports of the banks have shown. Analyses of the financial reports indicated that this is a reduction of N381.12m over the...