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- Covid-19 third wave hits Lagos, only 1% of Lagosians fully vaccinated – Gov Sanwo Olu
- CBN releases PSB supervisory guideline to deepen financial inclusion
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- Alleged American-based mastermind of Haiti president’s murder arrested
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- UN lauds Nigeria’s Deep Blue Project for securing Gulf of Guinea
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BUSINESS
DISCOS received N362B payments from electricity consumers in 9 months
Consumers paid N362bn out of the N520bn billed them by the distribution companies in the country from January to September last year. According (The Association of Nigerian Electricity Distributors)…
Multinationals owe Nigeria N5.4 Trilliion unpaid taxes – FIRS Chief
Citing a 2014 report by the High-Level Panel on Illicit Financial Flows from Africa, the FIRS boss stated that “Nigeria accounted for 30.5 per cent of money lost by the continent through illicit…
Stanbic IBTC Bank Poised for SMEs’ Growth Through Access To Capital and More – CEO
According to the bank, the solutions are aimed at providing access to capital and exposure to international markets. The solutions, it said, also allow organizations to take advantage of joint…
Nigeria’s Land Borders Will Be Reopened Soon- FG
The Federal Government on Wednesday says the land borders would be reopened soon.
Buhari Inaugurates 5,000 Barrels-Per-Day Refinery In Imo State
President Muhammadu Buhari on Tuesday said the realisation of the refinery roadmap that was rolled out two years ago will enable Nigeria to export petroleum products to neighbouring countries and…
Stock Market Halts Weekly Gains, Investors Lose N470bn
Activities on the floor of the Nigerian Stock Exchange closed on a negative note last week as the All-Share Index and market capitalisation depreciated by 2.57 per cent to close the week at 34,136.82…
Reps Summon Emefiele, Kyari, Over Unremitted N3.2tn
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the Governor of the Central Bank of Nigeria, Godwin Emefiele, over…
BOI To Provide N1bn Loan To Entrepreneurs In Ekiti
The Bank of Industry has said it is ready to provide credit facilities of one billion naira to empower entrepreneurs in Ekiti State.
Transcorp Acquires Afam Power
Transcorp Consortium has announced it has fully acquired the 966MW installed capacity Afam Power Plc and Afam Three Fast Power Limited (jointly referred to as “Afam GenCo”), at N105.3bn.
Lafarge, Nigerian Breweries, Others Top Best Performing Stocks In Q3 2020
Lafarge Africa, Nigerian Breweries, Stanbic IBTC, United Capital, and FTN Cocoa made the list of best-performing stocks in the third quarter of 2020.