The Asset Management Corporation of Nigeria (AMCON) has taken over Sea Petroleum Oil & Gas Ltd. and other assets belonging to…
Finance
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The Central Bank of Nigeria (CBN) has lifted the Retail Secondary Market Intervention Sales (SMIS) of the inter-bank Foreign Exchange Market with…
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BusinessEconomyFinanceNews
NNPC, other revenue generating agencies under federation account N526bn—-KPMG Audit report
An audit report by KPMG has revealed that between January 2010 to June 2015, NNPC and other Revenue Generating Agencies underpaid the…
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The private sector arm of the World Bank has long come under fire for funding projects that run afoul of human rights.…
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The Senate has passed the 2018 Budget of N9.21 trillion following the consideration and adoption of the Budget report laid on the…
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The bearish run in the local bourse was sustained to the second session of the week as sell pressures in Banking stocks…
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Losses in NESTLE (-3.2%), DANGCEM, (-0.6%) and NIGERIAN BREWERIES (-2.0%) – dragged the NSE All Share Index lower by 84bps to close at 40,677.61…
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The trial of top executives from oil majors Eni and Shell over alleged corruption in Nigeria kicked off on Monday with a…
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The World Bank Group is excited with the growth of Nigeria and expressed satisfaction with the performance of the economy. The…
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Following the successes recorded in executing major infrastructure and social development projects in the state, especially the Edo-Azura Power Project, the World…
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The 36 states of the federation drew about N593.1 billion from the Federation Account as their share of the revenue generated in…
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After depreciating for four consecutive days, indicators of the performance of the Nigerian Stock Exchange (NSE) rebounded by 0.26 per cent…
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Capital inflow into Nigeria rose almost sixfold in the first quarter compared to a year ago, following last year’s liberalisation of…
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Sustained profit taking in today’s session dragged market performance for the fourth consecutive trading session as the All Share Index (ASI) slid 40bps…
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EconomyFinanceNews
Growth: Nigeria to mobilise more revenues, as tax payers’ base hits 19m – Adeosun
Honourable Minister of Finance, Mrs. Kemi Adeosun, disclosed on Thursday that the Federal Government would mobilise more revenues to drive its growth…
