Life Continental Beer, a brand of beverage under the stable of Nigeria Breweries (NB) Plc, said it has earmarked N12.5 million to…
Category:
Economy
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Guinness Nigeria Plc, has announced that it will be establishing a N10 billion Commercial Paper (“CP”) programme with the view to launching…
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The Financial Market Dealers Quotations (FMDQ) OTC Plc on Thursday declared N1.75 billion as revenue for the year ended Dec. 31, 2014.…
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Nigerian foreign exchange reserves fell 1 per cent month-on-month to $29.5 billion by April 28, from $29.8 billion a month earlier, the…
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Oil eased toward $66 a barrel yesterday after reaching a 2015 high, as ample current supplies and weak Chinese factory activity countered…
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The Central Bank yesterday said that the fiscal operations of the Federal Government in the second half of 2014 resulted in an…
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The forensic audit conducted by PWC on NNPC to ascertain the veracity of the alleged missing $20 billion from the Federation account…
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BusinessEconomyFinanceNews
NNPC act gives it a “Blank” cheque to spend without limit or control—-PWC
President, Goodluck Jonathan’s order that the forensic audit report of the NNPC be made public is generating furor in some quarters and…
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BusinessEconomyFinanceNewsStock Market
No plans to extend recapitalisation deadline for capital market operators — SEC boss
The Securities and Exchange Commission (SEC) said that Sept. 30 deadline for new minimum capital requirement for market operators would not be…
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BusinessEconomyFinanceNews
New debit card limit for overseas transaction Customers divided as banks commence implementation
Bank customers are divided over the reduction in the amount of foreign exchange that can be accessed for overseas transactions through naira…
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The Nigerian Civil Aviation Authority (NCAA) on Tuesday lifted the suspension on the Discovery Airline’s Air Operator Certificate (AOC). Mr Samuel Adurogboye,…
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Transactions at the Nigerian Stock Exchange (NSE) on Tuesday remained on a downward trend due to profit taking with the market indicators…
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The National Pension Commission (PenCom) on Tuesday said it had pegged the minimum pension fund assets investment on infrastructure at N5 billion.…
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Major oil marketers have warned that fuel scarcity may linger for a while as the federal government has not paid what it…
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BusinessEconomyFinanceNews
Countries and oil companies agree to end routine gas flaring, but Nigeria
Chief executives from major oil companies joined together in Washington with senior government officials from several oil-producing countries to commit, for the…