Latest News
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91Business NewsStop Electricity Subsidy, IMF tells FG
The International Monetary Fund (IMF) has warned the Nigerian government to remove what it called implicit fuel and electricity subsidies, Punch reports....
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84Industry & MoneySenate: Cybersecurity Levy Meant for Financial Institutions, Telecoms Firms
The Chairman, Senate Committee on National Security and Intelligence, Shehu Umar Buba, on Sunday, clarified that the recently imposed cybersecurity levy announced...
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199Stock MarketNGX All-Share Closes Week Negative
The Lagos bourse closed the week down by 136bps w/w. Over the course of the week, selloffs in AIRTELAFRI (-10.32% w/w), ZENITHBANK...
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69Economy & MarketEconomic and Market Report: Week Ended 10-05-2024
Global Economy In line with market expectations, the Monetary Policy Committee (MPC) of the Bank of England (BoE) voted by a majority...
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106AgricultureNigeria, Saudi Arabia Collaborate to Boost Food Production
The Federal Government and the Kingdom of Saudi Arabia are collaborating to boost food production and to explore the untapped opportunities in the...
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71Industry & MoneyLagos-Kano Rail Line Ready for Freight Operations in June –FG
The federal government said freight services may soon commence operations on the Lagos- Kano narrow gauge rail line in June 2024. This...
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84Industry & MoneyParliament Probes Procurement Process of Lagos-Calabar Coastal Highway Project
The House of Representatives has ordered an investigation into the procurement process and the award of contract for the Lagos-Calabar Coastal Highway....
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98Banking & FinanceCentral Bank Mandates Banks to Comply with FX Reforms
In a move to enforce total compliance with the rules of engagement, the Central Bank of Nigeria (CBN) on Thursday, issued a directive...
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69Foreign NewsIMF Lauds CBN’s Bank Recapitalisation Policy, Projects 24% Inflation by Year-end
The International Monetary Fund (IMF) has commended the move by the Central Bank of Nigeria (CBN) to increase the minimum capital for...
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90Money MarketSEC Issues New Rules on Issuance, Allotment of Private Companies’ Securities
The Securities and Exchange Commission (SEC) has exposed new rules on issuance and allotment by private companies securities declaring that any person...
