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BUSINESS & ECONOMY

BUSINESS & ECONOMY

Nigerian Stock Exchange
BUSINESS & ECONOMY Capital Market

The Nigerian equities market having experienced huge losses in all shares index and market capitalization in the first quarter of 2019, political risk concerns were said to have ...
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Nigerian Customs
BUSINESS & ECONOMY NEWS

The Nigeria Customs Service (NCS) has collected  N312,603,256,366.88 in the first quarter (Q1) of this year, it was learnt on Tuesday. According to a document obtained by The ...
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The Central Bank of Nigeria (CBN) yesterday injected the sum of $210 million into the interbank foreign exchange market, in continuation of its sustenance of liquidity in that ...
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AIHN
BUSINESS & ECONOMY

The Association of Issuing Houses of Nigeria (AIHN) has said that Nigeria needs capital investment of N35tn per annum to reverse negative trends in unemployment, poverty and see ...
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DMO
BUSINESS & ECONOMY

The total external and domestic debts of States in Nigeria hit N5.15 trillion in 2018. This is revealed in the latest Domestic and External Debt Stocks Report, released ...
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Smile
BUSINESS & ECONOMY IT/TELECOM

Smile Communications Nigeria at the weekend, in Lagos, struck an international data roaming deal with NUU Mobile (HKG) Limited, a reputable Hong Kong and United-States based firm, to ...
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World Bank
BUSINESS & ECONOMY COVER

The World Bank has cut its growth forecast for Nigeria and other sub-Saharan African countries this year to 2.8 percent from an initial 3.3 percent, it said on ...
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BUSINESS & ECONOMY COVER NEWSLETTER

The Federal Government, yesterday, in Lagos, engaged the lottery and gaming operators, as it unveiled an automation collection process that would be used to charge Value Added Tax ...
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DMO
BUSINESS & ECONOMY

Lagos, Edo, Kaduna and Cross River states dominate the list of sub-national governments indebted to foreign bodies, statistics obtained from the Debt Management Office (DMO), has shown. Analysis ...
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Buhari
BUSINESS & ECONOMY

President Muhammadu Buhari has called on world leaders to come up with proposals to create a digital world that is accessible, inclusive and safe to all. According to ...
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Economic
BUSINESS & ECONOMY LABOUR

The Economic Recovery and Growth Plan (ERGP) of the Buhari administration was commended at the weekend in Addis Ababa, Ethiopia by the African Ministers of Labour, Employment and ...
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CIFIAN
BUSINESS & ECONOMY

Chartered Institute of Forensic and Investigative Auditors of Nigeria,  CIFIAN, has raised the alert over N25 billion cyber fraud recorded in the nation’s financial institution in the last ...
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AfCFTA
BUSINESS & ECONOMY

The President of the African Export-Import Bank (Afreximbank), Benedict Oramah, has advised the Federal Government of Nigeria to sign the African Continental Free Trade Agreement (AfCFTA). The advice ...
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Nigeria
BUSINESS & ECONOMY

The Federal Government on Saturday signed a $523,823 (N186 million) technical assistant agreement grant with the Islamic Development Bank (ISDB) Group, in Marrakesh, Morocco. A Finance Ministry statement ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Investments in Sukuk, Green Bond will boost financial inclusion, explains DMO Nigeria’s aggregate public debt grew 12.25 per cent or N2.66 trillion year-on-year as at December 31, 2018, ...
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BUSINESS & ECONOMY COVER NEWSLETTER

Commercial Banks in Nigeria on Thursday said they were supporting different stages in the value-chains in export businesses in the country with N200 billion. This was disclosed to ...
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Jiji
BUSINESS & ECONOMY

Jiji, a fast-growing online classifieds marketplace, has acquired OLX in Nigeria and four other African countries. As part of the deal, the OLX users in Nigeria would be ...
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NCS
BUSINESS & ECONOMY

The Nigeria Customs Service (NCS), Onne Command, said it generated N94 billion revenue last year. Its Onne Command’s Public Relations Officer (PRO), Ifeoma Onuigbo Ojekwu, in a statement, ...
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CBN
BUSINESS & ECONOMY

The Central Bank of Nigeria (CBN) has presented its 2019 budget proposal to the House of Representatives Committee on Banking and Currency. Presenting the budget proposals for 2019, ...
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Dangote Refinery
BUSINESS & ECONOMY

Dangote Sugar Refinery has announced a profit before tax of N34.6 billion for the financial year ended December 31, 2018. A breakdown of the result released on the ...
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