Latest News
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186MartimeOil 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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161Stock 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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223Industry & 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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187Business 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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190Banking & 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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194Business 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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165Economy & 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...
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177Local NewsPower Grid Collapse Inevitable –FG
The Minister of Power, Adebayo Adelabu, says there is a need to have power grids in different regions or states to put...
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151Economy & MarketEurope Futures in Tight Range, China Rally Fizzles
European stocks look set for a tepid start as traders await a European Central Bank monetary policy decision. A Chinese share rally...
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156Business NewsSEC Cautions against Indiscriminate Issuance of Debt Instruments by Subnationals
The Securities and Exchange Commission (SEC) has urged Capital Market Operators (CMOs) in Nigeria to review the proclivity of issuance of debt...
