President Muhammed Buhari on Monday asked the Ministry of Finance to explain why foreign loans obtained for various key rail projects by…
Category:
Economy
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The National Insurance Commission (NAICOM) said it had resolved 34 complaints arising from disputes over delayed or non-settlement of genuine insurance claims…
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Transactions at the Nigerian Stock Exchange (NSE) opened for the week on negative note, as the market indicators dropped by 0.04 per…
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BusinessEconomyFinanceNews
Capital market: 128 stockbroking firms scale through recapitlisation hurdle
About 92 firms may not be able to meet the Sept. 30, 2015 recapitalisation deadline, as stipulated by the Securities and Exchange…
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BusinessEconomyFinanceNews
CBN orders bank to honour foreign exchange request for school fees, BTA and others
By Omoh Gabriel The Central Bank of Nigeria CBN, yesterday frowned at some banks refusal to process eligible foreign exchange application for…
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BusinessEconomyFinanceNews
Nigeria to introduce new rules to stop tax evasion, increase in VAT underway
By Omoh Gabriel Chairman Federal Inland Revenue service Mr. Sunday Ogungbesan weekend said the federal government is considering a review of Value…
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BusinessEconomyFinanceNews
NAICOM releases guidelines for market conduct, business practices by insurance coys
The National Insurance Commission (NAICOM) yesterday released guidelines for Market Conduct and Business Practice for all Insurance institutions in the country. The…
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The fitness and wellness industry in Nigeria witnessed the break of a new dawn at the weekend, with the entry of the…
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Controversy has trailed the imposition of N1.3 billion annual Biometric Verification Number (BVN) search fee on Bureaux De Change (BDC) transactions. Recall…
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Close to two months that President Muhammadu Buhari led Federal Government took over the administration of Nigeria, investors in the nation’s stock…
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Investors on the Nigerian Stock Exchange (NSE) on Tuesday lost N87 billion as a result of profit taking embarked upon by investors.…
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Nigeria Government has pegged one dollar at N160 for intending pilgrims to Israel and Saudi Arabia in 2015, Mr John-Kennedy Opara, the…
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BusinessEconomyFinanceNewsStock Market
DMO lists FGN bonds, TBs worth N7.6trillion on FMDQ OTC platform
The Debt Management Office (DMO) on Monday listed outstanding N4.85 trillion Federal Government of Nigeria Bonds and quotation of N2.80 trillion Nigeria…
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The Nigerian Shippers’ Council (NSC) yesterday ordered the management of Tin Can Island Container Terminal Ltd (TICT) to reduce its cargo dwell…