By Omoh Gabriel The International Monetary Fund yesterday said it is supportive of the federal government’s ongoing efforts at promoting targeted…
Category:
News
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South African mobile phone operator, MTN Group, withdrew its lawsuit against Nigeria’s regulator over a 3.9 billion dollars fine and paid 250…
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FBN Holdings Plc. on Wednesday in Lagos notified the Nigerian Stock Exchange (NSE) that its expected earnings for the financial year ended…
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The All-Share Index of the Nigerian Stock Exchange (NSE) on Wednesday slipped by 0.86 per cent amid sell pressure. The index lost…
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The Nigerian equities market extended Tuesday’s negative close as the All Share Index (ASI) depreciated 1.9 per cent to settle at 24,056.12…
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—- N20.4708 trillion, aggregate credit to the domestic —- N18.7068trillion, banking system’s credit to the private sector —- N1.63321 trillion, currency-in-circulation By…
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The Nigeria Customs Service (NCS) has approved a new procedure for the disposal of seized and overtime goods in its bid to…
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AMCON yesterday said it was seeking prospective investors to buy Keystone Bank, the last of the rescued banks yet to be sold.…
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The Nigerian stock market closed negative today as the All Share Index (ASI) fell 0.5 per cent to settle at 23,832.03pts. This…
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BusinessEconomyFinanceNews
Central Bank of Nigeria Communiqué’ No. 105 of the Monetary Policy Committee Meeting of Monday and Tuesday, January 25 and 26, 2016
The Monetary Policy Committee met on 25th and 26th January, 2016 against the backdrop of weakening global economic prospects as well as…
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Transactions at the Nigerian Stock Exchange (NSE) resumed for the week on Monday on a positive note with the market capitalisation appreciating…
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By Omoh Gabriel Nigeria may miss out of the $100trillion booming digitization if government and the organized private sector do not come…
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…Banks may write off 50% loans to upstream …Devaluation will halt bank asset quality …Capital adequacy ratio declines …Rising non performing loans…
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BusinessEconomyFinanceNewsOil and Gas
Non passage of PIB hinders investors’ interest in Nigeria – BPE boss
The Director-General, Bureau of Public Enterprises (BPE), Mr Benjamin Dikki, said the non-passage of the Petroleum Industrial Bill (PIB) had hindered investors…