Latest News
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159AgricultureNigeria Loses 855,629 MT of Food to 2024 Floods –Report
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
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140Banking & FinanceWorld Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
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145Money MarketChina’s Buyback Plans, GDP Fuel Asia Stock Gains
Asian equities rose as investors digested China’s better-than-expected economic data and stock buyback program details from the country’s central bank. Gold hit...
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160MartimeOil Steadies, But on Track for Biggest Weekly Loss in Over a Month
Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed...
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141Stock MarketLocal Bourse Sustains Bearish Run
EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed...
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204Industry & MoneyGovt not Introducing New Taxes –FIRS
Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, said yesterday that the tax reform bills recently presented to the National...
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170Business NewsFed Govt’s Deal Opens Dry Lease Access to Airlines
The Federal Government has signed the Irrevocable De-Registration and Export Request Authorisation (IDERA) to enable airline operators to access dry lease aircraft....
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171Banking & FinanceCBN Verifying Disputed $2.4b FX Claims –Cardoso
The Central Bank of Nigeria has commenced a re-validation exercise to ascertain complaints of manufacturers and importers over foreign exchange claims worth...
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170Business News‘Nigeria to Boost Oil Production with FPSO Project’
The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the local upgrade of the FPSO Tamara Nanaye, a Floating...
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147Economy & MarketSEC to Ease Regulations on Crowdfunding for Smaller Firms
The Securities and Exchange Commission has revealed plans to make it easier for smaller firms to access funds. According to a Bloomberg...
