By Godwin Oritse The Federal Government has increased charges on wood export from Nigeria by 150 percent for indigenous exporter to N250,000 from N100, 000 per 20 feet container. Similarly, the charges on wood export by foreigners was…
Stock investors gained N4.414 trillion in March as the Nigerian Exchange, NGX ended the month on a positive note despite the disappointing full year performance of some companies and interest rate hike by the Central Bank of Nigeria, CBN.
The top five banks have a shortfall of N1.5 trillion to meet the new minimum capital base announced yesterday by the Central Bank of Nigeria, CBN for international commercial banks.
ustice Hamza Muazu of an Abuja High Court sitting at Maitama, yestersday, berated authorities of the Federal Capital Territory Administration for disobeying an order of the court that restrained them from demolishing an estate owned by…
FOLLOWING discrimination against Adebola Daniel, son of Gbenga Daniel, former governor of Ogun State, the Federal Airports Authority of Nigeria, FAAN, has shut down the Kentucky Fried Chicken, KFC, at the Murtala Muhammed International…
Lagos State Governor, Mr. Babajide Sanwo-Olu, has advocated the need for low interest rates for Micro Small, and Medium enterprises, MSMEs, especially women entrepreneurs in the country in order to further provide financial support for…
The Federal Customs Service, Federal Operations Unit Zone 'B' Kaduna has given an update on the activities of the unit from 17 February to 28 March 2024, saying within the period it recorded a total of 98 seizures of 21 different items…
Being a press statement read at a press conference called by the International Press Institute (IPI), the Nigerian Guild of Editors (NGE), and the Nigeria Union of Journalists (NUJ) at FCT Council of NUJ, Utako, Abuja, to update members of…
The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser (NSA) Nuhu Ribadu, and the Economic Financial Crimes Commission (EFCC) over alleged violation of his fundamental rights.
“This is a demand that we have put forward. Look at the states, as at April (2023), what was shared as Federal Allocation was somewhere around N400bn but as at last month (February), what was shared was close to N2trn.”
The Securities & Exchange Commission (SEC), Nigerian Exchange Group Plc, Association of Securities Dealing Houses of Nigeria (ASHON) among other key stakeholders have celebrated the outgoing Group Chief Executive Officer of Nigerian…
THE Group Chief Operating Officer of Waltersmith Group, Alex Osho, alongside other business leaders has said that Nigeria’s economic environment has made it difficult for companies to hedge against the continued depreciation of the local…
THERE are fears that the coming on stream of $20 billion Dangote oil refinery could diminish decades-long gasoline shipments from Europe to Africa worth $17 billion annually.
THE NNPC Limited, a global energy company with businesses and operations across the entire spectrum of the energy value chain, said it has not adjusted the prices of petrol and diesel in Nigeria.
Interest rate and huge demand have propelled investments in Mutual Funds to 82.2 % rise with its Net Asset Value, NAV, reaching N2.82 trillion Year-on-Year, YoY, in February 2024, from N1.55 trillion recorded in the corresponding period of…
The Lagos Commodities Futures Exchange, LCFE, has moved for the trading of Nigeria’ s crude oil in its Exchange, in a bid to help boost Nigeria’s revenue generation.
Amidst fresh upsurge in public debt, financial and public affairs analysts have expressed fears that Nigeria’s debt service ratio may become unmanageable, while more borrowing is beginning to crowd out private sector funding.
The naira yesterday appreciated to N1,340 per dollar in the parallel market from N1,350 per dollar on Tuesday. Similarly, the naira yesterday appreciated to N1,300.43 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data from the FMDQ trading platform.
By Ibrahim Hassan-Wuyo The rescued schoolchildren from Kuriga in Chikun Local Government Area of Kaduna State, have finally been reunited with their parents in Kaduna on Wednesday evening. Secretary to the Kaduna State Government, Dr.…
The Vice President, Senator Kashim Shettima, has identified enhanced healthcare delivery as a top priority in the President Bola Tinubu renewed hope administration.
The Chief of Army Staff (COAS), Lt.-Gen. Taoreed Lagbaja, says the officers and soldiers of the Nigerian Army who were gruesomely murdered in Okuama Community in Delta on March 14, left behind 10 widows three of whom are pregnant and 21…
The Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo on Tuesday insisted that with its huge abundance of natural gas resources, Nigeria should not be facing energy poverty.