The Federal Inland Revenue Service (FIRS) says it has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the…
Finance
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Okomu Oil Palm Company Plc. is set to add not less than 1, 250 new jobs to the Edo State economy with…
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EconomyFinanceNews
Nigeria to receive COVID-19 research support from UK’s 24 new international projects
UK government has invested £7.2 million in 20 new research projects to address the impact of Covid-19 in vulnerable communities. The projects include…
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The local market sustained last week’s positive performance as the bulls showed no signs of an early retreat, posting gains on all…
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Central Bank of Nigeria CBN sold about $500 million to foreign investors on the spot and forward market a test to gauge…
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Zenith Bank first half of 2020 audited result shows that Gross Earnings rose 4.4 per cent year on year to ₦346.1 billion…
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Private sector involvement in a debt relief scheme for African countries could prove positive in the long-run if it encourages investment and…
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The Department of Petroleum Resources (DPR) has generated a total sum of N673.7 billion in the first half of this year. Its…
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The Nigerian Stock Exchange’s (NSE) key market indices on Wednesday appreciated further by 0.18 per cent due to sustained bargain hunting. Consequently,…
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The stock market sustained previous day’s positive performance as gains in NIGERIAN BREWERIES (+5.4%), UBA (+4.8%) and ETI (+6.4%) drove the benchmark…
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Total domestic and foreign portfolio investment (FPI) transactions in Nigeria as at 31 July 2020, fell by 19.92 per cent from N128.88…
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BusinessEconomyFinanceNews
CBN sets minimum capital of N5bn for mobile money licences, to operate in rural areas
Central Bank of Nigeria CBN said it will grant more licences for payment service banks but set a minimum capital base of…
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The equities market opened the week positive as the All-Share Index expanded 7bps due to price appreciation in DANGCEM (+0.5%), GUINNESS (+1.3%) and WAPCO (+3.5%),…
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Access Bank PLC and its Group Managing Director, Herbert Wigwe, were recognised as winners of the ‘Agriculture Deal of the Year’ and…
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The uptrend in the local bourse persisted last week as sustained buying interest in BUACEMENT, STANBIC and GUARANTY supported overall performance. Consequently,…
