Business
Market capitalisation increases by N49bn
The market capitalisation of the Nigerian Stock Exchange, NSE, rebounded on Friday with a gain of N49 billion in the...
Nigerian govt generates N311.94bn from Value Added Tax – NBS
The Federal Government has generated N311.94 billion from Value Added Tax, VAT, in the second quarter of 2019, the National...
Beware of fake loans — CBN cautions
The Central Bank of Nigeria, CBN, has cautioned Nigerians, especially youths and owners of small-scale businesses against fraudulent messages on...
No electricity tariff increase has been approved yet — NERC
The Nigerian Electricity Regulatory Commission, NERC, says no tariff increase has been approved by the commission yet. In a statement,...
CBN injects $297.92 into secondary market
The Central Bank of Nigeria, CBN, has injected 297.92 million dollars into the retail Secondary Market Intervention Sales, SMIS. The...
Nigerian govt begins overhaul of refineries
The Federal Government on Thursday said it had begun the overhauling of its refineries commencing with the Port Harcourt Refinery...
Naira exchanges at N359 to $1 at parallel market
The naira on Monday traded at N358.6 to a dollar, while pound sterling and the euro closed at N445 and...
PPPRA to audit infrastructure in downstream oil sector
The Petroleum Products Pricing Regulatory Agency, PPPRA, says it will commence a comprehensive audit and survey of downstream oil and...
ExxonMobil expresses confidence in Nigeria’s petroleum industry
The chairman of ExxonMobil companies in Nigeria, Paul McGrath, has expressed confidence and optimism in the Nigerian petroleum industry with...
Naira closes at N359.3 to dollar at parallel market
The naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos. The pound sterling...