The Federal High Court has in Abuja declared the Federal Government policy on deregulation of the downstream sector as unconstitutional. Mr Bamidele…
Business News Report
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The National Council on Privatisation (NCP) has approved the termination of the offer to purchase 77.5 per cent of Aluminum Smelter Company…
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The Monetary Policy Committee has retained the monetary policy rate at 12 per cent. The Central Bank Governor, Malam Saunusi Lamido Sanusi,…
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Trading on the floor of the Nigerian Stock Exchange (NSE) opened for the week on the upbeat trend with major blue chips…
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The Federal Government on Monday called for enhanced economic ties with the Chinese Government. The Minister of Foreign Affairs, Ambassador Olugbenga Ashiru,…
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Rep. Abdulmumin Jibrin, the Chairman, House of Representatives Committee on Finance, has alleged that the NNPC has never paid revenue it generated…
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The Sokoto State Government has signed a Memorandum of Understanding (MoU) with two private firms for the establishment of a mini-cement plant.…
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As Nigeria prepares for the centenary celebration, many are raising issues on the amalgamation of Northern and Southern Protectorate of Nigeria, by…
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Managing Director, Nigerian Liquefied Natural Gas (NLNG) Mr Babs Omotowa says Nigeria is producing about 23 million tonnes of gas annually. Omotowa…
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EconomyFinanceNews
FG commences 2013 budget implementation, releases N400b for first quarter capital expenditure
The Federal Government on Thursday in Abuja released N400 billion first quarter allocation for capital expenditure in the 2013 budget. This is…
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The indicators of the Nigerian Stock Exchange (NSE) on Thursday dropped by 0.45 per cent due to profit-taking. The market capitalisation lost…
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The House of Representatives on Thursday invited the Director- General of the Budget Office, Dr Bright Okogu, to appear before the Committees…
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The Federation Account Allocation Committee (FAAC) in Abuja shared N886.402 billion to the three tiers of government for the month of February.…
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By Omoh Gabriel Recently the Global Chairman KPMG Mr Andrew Michael was on a working visit to Nigeria. He had an interactive…
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Market Cap (N’bn) 10,672.30 Market Cap (US$’bn) 67.46 NSE All-Share Index 33,351.70 Daily Performance % 1.40 1 Week Performance % 1.73 YTD…