Business
PMS: Market forces to determine pump price as Nigeria heads towards full deregulation – MOMAN
The Major Oil Marketers Association of Nigeria, MOMAN, says Nigeria is gradually heading towards full deregulation of the Premium Motor...
NSE: Trading sustains positive trend, up by 0.31%
Activities on the Nigerian Stock Exchange, NSE, extended positive trend on Tuesday with key market indices appreciating further by 0.31...
BUA Cement generates N34.8bn profit in 6 months
One of Africa’s largest cement producers, BUA Cement, has announced a 2020 half-year results, declaring revenues of N101.3billion and a...
Arik Air begins flights to Benin, Jos, Owerri, Asaba
Arik Air says it will commence domestic flight operations with resumption of services to four additional airports- Benin, Jos, Owerri...
Nigeria stock market loses N70bn Tuesday
The nation’s bourse returned to negative territory on Tuesday with the market capitalisation shedding N70 billion due to losses by...
Dangote Cement generates N162.9bn profits in 6 months
Africa’s largest cement producer, Dangote Cement plc., has announced a Profit Before Tax, PBT, of N162.90 billion for the six...
How to save naira from crashing, by BDC operators
The Association of Bureau De Change Operators of Nigeria, ABCON, has said that the reopening of the BDC window for...
Dangote Cement dominates as NSE market capitalisation rises by N177bn
The key market indicators of the Nigerian Stock Exchange, NSE, on Thursday posted the first gain for the week, appreciating...
Nigeria lost $1.4bn to importation of chemicals in 2019
The Director-General National Research Institute for Chemical Technology, Zaria, NARICT, Prof. Jeffrey Barminas said that Nigeria lost 1.4 billion dollars...
Stamp Duty: Landlords, property agents must now remit 6% charges to FIRS – Official
The Federal Inland Revenue Service, FIRS, has asked landlords and property agents to charge six per cent Stamp Duty on...
Naira exchanges at N472 to dollar at parallel market
The Naira on Tuesday exchanged at N472 to a dollar at the parallel market in Lagos, the News Agency of...
COVID-19: Businesses need bailout funds, capital market operator tells Nigerian govt
A Capital Market operator, Boniface Okesie, says there is need for the Federal Government to urgently give COVID-19 bailout funds to...
COVID-19: Oil steady as vaccine news counters rise in virus cases
Oil prices were little changed on Tuesday, trapped in the narrow trading band of the past three weeks as investors...
Nigerian researchers request N67bn to develop COVID-19 vaccine, others – CBN
The Central Bank of Nigeria, CBN, says it has received more than 20 applications requesting for N67 billion grants under...
CAC registration to be fully digital before 2020 ends – Registrar-General
The Registrar-General of the Corporate Affairs Commission, CAC, Alhaji Abubakar, has vowed to introduce end-to-end digital solutions for company registration...
COVID-19: Nigeria seeks India support on vaccine production
The Federal Government on Friday solicited the collaboration of Government of India to produce vaccine against the Coronavirus, COVID-19, pandemic.
Nigeria’s inflation rate hits 12.56% – NBS
The National Bureau of Statistics, NBS, says Consumer Price Index, CPI, which measures inflation increased to 12.56 per cent year-on-year...
CBN unveils non-interest guidelines for SMEs, textile intervention, others
The Central Bank of Nigeria, CBN, has unveiled guidelines for Non-Interest Financial Institutions under its Agri-Business, Small and Medium Enterprise...
Reps endorse Okonjo-Iweala for WTO job
The House of Representatives has unanimously endorsed the candidature of Dr. Ngozi Okonjo-Iweala for the position of the Director-General of...
Nigeria’s stock market opens week with N55bn loss
The nation’s bourse resumed transactions for the week on Monday with a loss of N55 billion following sell pressure in...
Unclaimed dividends hit N158.44bn at Nigerian capital market – Report
The total unclaimed dividend figure in the Nigerian capital market stood at N158.44 billion as of December 2019, the News...
Embracing Islamic finance tenets key to actualising SDGs in Nigeria – Jaiz Bank official
Muhammed Muhammed, Chief strategist of Jaiz Bank, says Nigeria embracing the tenets espoused by the Islamic Financial Institution will help...
Dangote acquires Savannah Sugar, pays N13.2bn dividend
In a bid to enhance production capacity and further increase its market share, shareholders of Dangote Sugar Refinery Plc. have...
Nigeria’s currency circulation drops to N2.29tn in June – CBN
Currency in circulation dropped by N52.5bn from N2.35tn at the end of May to N2.29tn in June, the latest figures...
