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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News
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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…
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The value of the Naira on Monday depreciated against the dollar by N3, to close at N208 at the Bureau De Change…
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BusinessEconomyFinanceNews
Airline operators urge President-Elect to abolish multiple taxation on local airlines
The Airline Operators of Nigeria (AON) on Monday advised the President-Elect, Gen. Muhammadu Buhari (Rtd), to abolish the multiple taxation and Value…
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AgricultureBusinessEconomyFinanceNews
Industrialisation through trade can fast track Africa’s development —ECA
Economic Commission for Africa’s annual report has advocated the use of industrialization through trade to develop resources in the continent. The report…
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The Central Bank of Nigeria (CBN) has spent $4.7 billion to defend the naira this year, even as the nation’s external reserve…
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AgricultureBusinessEconomyNews
Nigeria can realise N10 bn annually from export of Jatropha oil – Expert
National President, Biofuel Farmers Association, Mr Kayode Adebiyisaid said that Nigeria could get up to N10 billion annually from the export of…
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The external debt profile of states has shown that Lagos State has the highest with a profile of $1.087 billion, followed by…
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World Bank projects drop in economic growth in Sub-Saharan Africa of Sub-Saharan Africa from 4.5 per cent in 2014 to 4.0 per…