Economy & Market
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86Free Trade Zones: No Revenue Loss for Government –Jada
The Managing Director and CEO of the Oil and Gas Free Zones Authority (OGFZA), Bamanga Usman Jada has asserted that Nigeria’s Free...
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103Bearish Sentiments Persist at the Exchange as Index Down 1.7%
EQUITIES Bearish sentiments persisted in the Nigerian stock market as losses in DANGCEM (-10.0%) and MTNN (-3.7%) caused a 1.7% decline in...
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75MDAs Remitted ₦7b VAT in Two Months –Report
Ministries, Departments, and Agencies of the Federal Government remitted a total of N7.04bn in Value Added Tax to the Federal Inland Revenue...
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90Dollar Slips, Chinese Stocks Rise on Tariff Report
Chinese stocks led Asia higher while the dollar weakened on news that members of President-elect Donald Trump’s economic team discussed a gradual...
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76We’ll Achieve ₦36.35tr Projected Revenue in 2025 – Budget Minister
The Minister of Budget and Economic Planning, Abubakar Bagudu, expressed confidence yesterday in Abuja that the federal government will achieve its N36.35...
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119Stock Market Opens Week in the Red as ASI Down 0.1%
EQUITIES The domestic bourse opened the week in the red as profit-taking activities in TRANSCORP (-3.9%) and sell pressures on FBNH (-5.6%)...
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78BDCs Struggle to meet ₦2b Recapitalisation Despite Extension
Some Bureau De Change operators are still struggling to meet the fresh N2bn recapitalisation threshold of the Central Bank of Nigeria despite...
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96CBN Unveils Diaspora-friendly Accounts to Boost Investments
The Central Bank of Nigeria (CBN) has unveiled two new financial products aimed at attracting investments from Nigerians living abroad. The Non-Resident...
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65Debt Servicing Gulps ₦8.94tr in 9 months as Deficit Widens
The federal government has spent a whopping N8.94 trillion on debt servicing in the first nine months of 2024, representing a significant...
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80Asian Stocks Slide, Oil Rises on Russia Sanctions
Stocks and bonds slid in Asia following Friday’s stronger-than-expected US jobs data, while oil climbed to a four-month high as a fresh...
