Latest News
-
94Local NewsFCCPC Engages DisCos on Replacement of Phased-out Metres
The Federal Competition and Consumer Protection Commission (FCCPC) has disclosed that it is partnering with stakeholders to address the ongoing concerns regarding...
-
224Stock MarketStock Market Sustains Positive Momentum as ASI Up 0.2%
In today’s trading session, bullish sentiment was sustained as the ASI and market capitalisation gained 20bps to settle at 98,892.58 points and...
-
225Banking & FinanceRecapitalisation: Investors’ Verification Stalls Bank Shares Allotment
As the initial phase of capital raising activities concludes, financial analysts have attributed the delay in the allotment of shares to the...
-
118Money MarketNigeria Loses ₦13tr to Forex Subsidy –World Bank
The Federal Government incurred a significant loss of N13.2tn in foregone revenue as a direct consequence of the implementation of its foreign...
-
222Industry & MoneyNigeria, USA Annual Trade Hits $10b –Official
The Consul-General of the United States Consulate in Lagos, Nigeria, Will Stevens, has said that Nigeria and the US have a $10bn...
-
107Business NewsNUPRC Blocks Shell’s $2.4b Asset Sale, Approves $1.2b Exxon-Seplat Deal
Nigeria has blocked Shell’s sale of its entire onshore and shallow-water oil operations, but approved a similar deal by Exxon Mobil, Nigeria...
-
161Banking & FinanceFG Records Tax Revenue Windfall, Banks’ Tax Rises 109.6%
There are indications that the Federal Government (FG) is having great times in its finances as its revenue from Value Added Tax (VAT)...
-
163Economy & MarketSEC Tasks Stakeholders on Regulatory Framework to Align with FATF
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, has called on capital market stakeholders to adapt to regulatory...
-
98Local NewsPetrol Prices Soared 64%, Cooking Gas 60% in One Year –Report
The rising cost of energy has continued to take its toll on Nigerians, with petrol prices soaring by 64 per cent year-on-year,...
-
106Foreign NewsUK Borrowing Rises Ahead of Budget
Government borrowing rose last month, marking the third-highest September since records began in January 1993. Official figures show that borrowing – the...
