African Reinsurance Corporation (“Africa Re”) announces its membership of Africa Finance Corporation (“AFC”), and becomes the first multi-lateral financial institution to invest…
Finance
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The dispute between the Nigerian Ports Authority (NPA) and Intels Nigeria Limited (Intels), over the controversial pilotage boat contract appears not to…
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Chairman, Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, has said that the Service collected N4.03 trillion revenue in 2017. A statement…
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The equities market closed negative today as profit taking dragged the benchmark index 34bps lower to 44,343.65 points while YTD return contracted to…
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EconomyFinanceNews
World Bank classify Nigeria as fragile state, as support to fragile states hit $14bn
The World Bank has classified Nigeria as a fragile state. The Country Director, of the global financial institution Mr Rachid Benmessaoud, said…
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The local bourse maintained a positive close today as the All Share Index (ASI) rose 42bps to 44,493.79 points while YTD return…
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African Development Bank said it plans to reach 29.3 million people in Africa with electricity by 2020. The President of the Bank,…
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…Wholesale segment gets $100m; …SMEs receive $55m boost; …BTA, others get $55m The Central Bank of Nigeria (CBN) on Monday, January 29,…
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Over 1000 investors, startups, hardware/software professionals, business developers, policy makers and other key stakeholders in the startup and technology sector recently converged…
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FinanceNewsStock Market
Nigerian Equities Market opens on a positive note, rated among world’s best-performers
Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the good performance…
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The Federal Government has begun investigation into over 200 whistleblowing tips on tax officials and taxpayers which involves under declaration of taxes…
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The Central Bank of Nigeria (CBN) has intervened in the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market…
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Income accruing to the country from rising oil prices in the international market will be spent on infrastructural development, President Muhammadu Buhari…
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Participants at the ongoing Works Economic Forum have urged corporate bodies and individuals to stop tax avoidance to improve human rights and…
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Following three days of negative performance, the local bourse yet again extended losses to the fourth consecutive session as the All Share…