Economists Advocate Islamic Finance to Project Fundings     The Federal Government has been advised to formulate a policy and introduce programmes that will leverage revenue of Sukuk and ensure self funding projects to free government resources for other purposes. Participants of a Five Day International Workshop and...

House Decries Abandoned Scanners At Ports, Borders, Begin Probe         The House of Representatives has faulted physical inspection of cargoes at the seaports and land borders, asking the Federal Government to install functional scanners to make for speed and efficiency. The call was sequel to the unanimous...

Oil, Power Firms Owe Nigerian Banks N5.83trn – NBS         The debts owed by energy firms to Nigerian banks rose by N200bn to N5.85tn in the third quarter of this year, according to the National Bureau of Statistics. The N5.85tn represents 29.44 per cent of the N19.87tn...

Nigeria To Host World Summit For Single Market In Africa In 2021         Nigeria will host the World Summit for Single Market in Africa on March 23, 2021, an official has said. Mr Angelo Elosia, the Chairman/Chief Coordinator, Invest in Africa World Summit and Expo said this...

Stock Investors Gain N390bn, Market Cap Almost N19trn         Equity trading on the floor of the Nigerian Stock Exchange, on Thursday, closed on a positive note with a gain of N390bn as the bulls recaptured trading activities. The key market performance indices, NSE All-Share Index, appreciated by...

Oil Sector’ll Face Prolonged Reduced Demand - Fed Govt         The oil and gas sector is going to face a substantially reduced demand for a prolonged period as its recovery is not likely any time soon, the Federal Government said on Thursday. It also announced the resolve...