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Equities market advances by N37bn

Equities market advances by N37bn

The Nigerian Stock Exchange (NSE) market capitalisation on Friday improved further by N37 billion following price growth in some blue…
Governors misappropriating 13% derivation funds — Ita Enang

Governors misappropriating 13% derivation funds — Ita Enang

Says NCDMB deviating from mandate Warns that Niger Delta might be abandoned like Enugu By Michael Eboh Special Adviser to…
Buhari’s administration true friend of MSMEs — Private sector

Buhari’s administration true friend of MSMEs — Private sector

The Organised Private Sector on Thursday described the administration of President Muhammadu Buhari as a true friend of Micro Small…
Agony as costs of flour, sugar, electricity threaten $621m bread industry

Agony as costs of flour, sugar, electricity threaten $621m bread industry

Breadmakers Association of Nigeria, PBAN, and the Association of Master Bakers and Caterers of Nigeria, AMBCN, have cried out to…
FG revenue falls 32% to N625.9bn in May

FG revenue falls 32% to N625.9bn in May

By Elizabeth Adegbesan MONEY MARKET Driven by the drop in crude oil prices, federally collected revenue fell  by 32 percent to…
Despite COVID-19, banks’ non-performing loans drop

Despite COVID-19, banks’ non-performing loans drop

By Elizabeth Adegbesan Against the backdrop of the economic impact of Coronavirus (COVID-19) pandemic, the value of non-performing loans, NPLs,…
Fintech: Relax entry requirements to favour young entrepreneurs, Belo-Osagie tells regulators

Fintech: Relax entry requirements to favour young entrepreneurs, Belo-Osagie tells regulators

Hakeem Belo-Osagie Business mogul and former Chairman, United Bank of Africa, UBA, Hakeem Belo-Osagie has called on regulators to reduce…
Why we sell below N160 per litre ― AA Rano

Why we sell below N160 per litre ― AA Rano

By Bashir Bello – Kano The Chairman Chief Executive Officer of the AA Rano Oil and Gas Nigeria Limited, Alhaji…
CBN tackles NESG, explains how it protected economy from extra-ordinary shocks

CBN tackles NESG, explains how it protected economy from extra-ordinary shocks

Godwin Emefiele, CBN Governor. By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, has given insight into…
Profit taking continues as investors lose N57bn in 2 days

Profit taking continues as investors lose N57bn in 2 days

By Peter Egwuatu The equities gain recorded last week on the Nigerian Stock Exchange, NSE has rebounded as investors lose…
FBN Insurance pledges quality service delivery

FBN Insurance pledges quality service delivery

By Rosemary Onuoha FBN Insurance group, made up of FBN Insurance, FBN General Insurance and its new owners, the Sanlam…
Breaking: Nigeria’s debt rises 8.3% to N31trn in 3 months

Breaking: Nigeria’s debt rises 8.3% to N31trn in 3 months

Director-General DMO, Ms. Patience Oniha By Emma Ujah, Abuja Bureau Chief The Debt Management Office (DMO), Wednesday, put the nation’s…
Weak currency discouraging foreign investment in Nigeria’s economy, Says Expert

Weak currency discouraging foreign investment in Nigeria’s economy, Says Expert

By Marie-Therese Nanlong The federal government has been asked to take advantage of the global liquidity glut being experienced during…
CBN tackles NESG, explains how it protected economy from ‘extra-ordinary shock’

CBN tackles NESG, explains how it protected economy from ‘extra-ordinary shock’

CBN Emma Ujah The Central Bank of Nigeria (CBN) has explained how it took several measures to protect the economy…
COVID-19: Executive Trainers highlights coping strategies for higher education

COVID-19: Executive Trainers highlights coping strategies for higher education

A leading organisation which focuses on capacity building and human capital development of principal officers of higher education, Executive Trainers…
‘Increased participation in oil and gas industry will create more jobs’

‘Increased participation in oil and gas industry will create more jobs’

By Adesina Wahab Executive Director, Cynthian Consulting Limited, Adeboye Fajemisin, has said that an increase in the local participation in…
FG, states, local governments, others receive N3.9trn from FAAC in six months — NEITI

FG, states, local governments, others receive N3.9trn from FAAC in six months — NEITI

By Alice Ekpang The Nigeria Extractive Industries Transparency Initiative, NEITI, Tuesday, stated that the Federal Government, states, local government areas…
Turnover in I&E falls by 10% to $843.97m

Turnover in I&E falls by 10% to $843.97m

By Elizabeth Adegbesan MONEY MARKET The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the…
Chams unveils pensioner identity verification mobile solution –

Chams unveils pensioner identity verification mobile solution –

By Peter Egwuatu Chams Plc has announced the launch of its new pensioner verification app, christened “I’m Alive”, which uses facial…
Nigeria’s fuel import bill rises 42% to N1.09trn

Nigeria’s fuel import bill rises 42% to N1.09trn

By Michael Eboh Nigeria spent N1.09 trillion to import Premium Motor Spirit, PMS, also known as petrol, in the first…
Knowing the Investment Ratios

Knowing the Investment Ratios

By Sola Oni   Dear Reader, on this page, we had discussed investment objectives, risk tolerance and red flags that…
CBN’s interventions halt Naira slide

CBN’s interventions halt Naira slide

There are indications that stability is returning to the foreign exchange market as the value of the Naira appreciates in…
Nigerian banks debut quick response code payment in Ghana

Nigerian banks debut quick response code payment in Ghana

By Emmanuel Elebeke Three Nigerian banks have commenced a quick response code payment system in Ghana. The banks: Eco, Zenith…
Uncertainty, as DISCOs bid to pull out

Uncertainty, as DISCOs bid to pull out

Electricity By Udeme Akpan & Gabriel Ewepu Electricity Distribution Companies, DISCOs, have petitioned the Bureau of Public Enterprises, BPE, seeking…
Nigerians paying for darkness — Electricity workers

Nigerians paying for darkness — Electricity workers

Joe Ajaero By Victor Ahiuma-Young Workers in the nation’s power sector, weekend, faulted the recent hike in electricity tariff, arguing…
Polaris Bank introduces Target Savings Account

Polaris Bank introduces Target Savings Account

Admonishes Nigerians to strengthen their savings culture Polaris Bank has launched ‘Polaris Target Savings Account’ to help Nigerians imbibe healthy…
‘POS, Mobile transactions volume hits 4-year high in Nigeria’

‘POS, Mobile transactions volume hits 4-year high in Nigeria’

…As agric sector growth dips by 2.57% in Q2’20 By Prince Okafor Despite the negative impact of coronavirus (COVID-19) pandemic…
Why food, Beverages union is in crisis — Onoja led-faction

Why food, Beverages union is in crisis — Onoja led-faction

By Moses Nosike The National Union of Food, Beverages and Tobacco Employees, NUFBTE, faction led by Onoja Peter, has given…
‘N162 PETROL: Only passage of PIB, Dangote Refinery ’ll reduce price’

‘N162 PETROL: Only passage of PIB, Dangote Refinery ’ll reduce price’

A fuel pump (stock photo). By Victor ‘Tunde Oso, Michael Eboh, Chinwoke Akoma & Nnamdi Ojiego Following predictions that the price…
Aigbe Omoregie – A Journey of Grit to Grace

Aigbe Omoregie – A Journey of Grit to Grace

By Moses Nosike All great men have stories. Their stories chronicle a journey of sheer grit, determination and courage in…
eMantusini welcomes revival of dairy farm project – SABC News

eMantusini welcomes revival of dairy farm project – SABC News

The proposed revival of a dairy farm project in eMantusini, Port St John’s, in the Eastern Cape, has been welcomed.…
Eastern Cape tourism destinations pinning hope on heritage month – SABC News

Eastern Cape tourism destinations pinning hope on heritage month – SABC News

Eastern Cape businesses and tourism destinations that were forced to close as a result of the COVID-19 pandemic are pinning…
Wapic Insurance grows GWP by 8% in H1’2020

Wapic Insurance grows GWP by 8% in H1’2020

By Rosemary Onuoha Wapic Insurance Plc said it recorded eight percent growth in Gross Written Premium of N9.3 billion for…
Why we‘re borrowing — DMO

Why we‘re borrowing — DMO

By Emma Ujah, Abuja Bureau Chief Federal government’s borrowings are fuelled by persistent budget deficits, the Director-General  of the Debt…
Deficit in Nigeria’s trade balance rises 328%, now N1.8trn –

Deficit in Nigeria’s trade balance rises 328%, now N1.8trn –

A map of Nigeria Merchandise trade falls  by 27% to N6trn By Elizabeth Adegbesan Deficit in Nigeria’s trade balance worsened in…
Consolidated Hallmark records 100 percent subscription on rights issue

Consolidated Hallmark records 100 percent subscription on rights issue

By Rosemary Onuoha Consolidated Hallmark Insurance Plc, CHI, has recorded 100 percent subscription to its recently concluded rights issue. Recall…
 REGIC grows gross premium income to N10.6bn

 REGIC grows gross premium income to N10.6bn

By Rosemary Onuoha Royal Exchange General Insurance Company, REGIC, has posted a Gross Written Premium of N10.58 billion for the…
ComercioPartners urges corporate organisations to leverage on COVID-19 opportunities

ComercioPartners urges corporate organisations to leverage on COVID-19 opportunities

By Prince Osuagwu Investment banking company, ComercioPartners has tasked fellow corporate organisations in the country to tinker their business model…
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