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Experts Seek Effective Fiscal-Monetary Policy To Tackle Recession

Some economists in the North-East have urged the Federal Government to formulate effective fiscal and monetary policies to prevent Nigeria from sliding into recession. The experts including academics and financial analysts said the measure was...
Naira

Naira Rebounds As New Currency Notes Introduction Draws Closer

The Association of Bureaux Des Change Operators of Nigeria (ABCON) says Naira has continued to firm against the Dollar at the parallel market as date for CBN new currency introduction draws closer. Alhaji Aminu Gwadabe,...

Investors Gain N9bn On NGX

The Nigerian Exchange Ltd. (NGX) on Wednesday recorded N9 billion gain due to price appreciate in Dangote Cement and some tier-one banking stocks. The primary drivers of the market were Dangote Cement, Guaranty Trust Holding...
Travellers

FRSC: Toyota Recalls 14,799 Defective Lexus Vehicles

The Toyota automobile company, China, has recalled 14,799 defective Lexus vehicles, according to a statement by the Corps Public Education Officer (CPEO) Federal Road Safety Corps (FRSC), Bisi Kazeem, on Friday in Abuja. Kazeem said...

NNPC, Partners Resolve Addax Dispute Amicably

The protracted dispute on Oil Mining Leases (OMLs) 123/124, 126/137, operated by Addax Petroleum Nigeria Limited, has finally been laid to rest, paving the way for much-needed investment and growth of the oil blocks. Mr....

Airtel Unveils Partnership With Microsoft, TDAfrica On SMEs

Airtel Nigeria, a leading telecommunications services provider, has announced a partnership with Microsoft and tech and solutions distribution giant, TD African  to unveil Smartbox office internet bundles. Airtel’s Director, Business, Ogo Ofomata, said in a statement in Lagos...

Konfam Debuts As Nigeria’s Latest Fintech

Konfam, a fintech startup developed by Novalux ideas ltd, A Lagos based company will join the African fintech market as one of the latest solution providers in the Nigerian financial system. According to one of...
COVID-19: CBN, Bankers’ Committee To Support Airlines, Media With Special Facilities

CBN Sells Polaris Bank To New Investor

The Central Bank of Nigeria (CBN) has announced the sale of Polaris Bank to a new core investor, Strategic Capital Investment Ltd. (SCIL). A statement signed by Mr. Osita Nwanisobi, Director, Corporate Communications and posted...
Engr. Gbenga Komolafe, NUPRC Commission Chief Executive

KEYNOTE ADDRESS BY THE COMMISSION CHIEF EXECUTIVE (NUPRC)

ENGR. GBENGA KOMOLAFE FNSE     AT THE MAIDEN PENGASSAN ANNUAL CONFERENCE: ENERGY AND LABOUR SUMMIT 18 OCTOBER 2022 Protocols Comrade President, PENGASSAN National Executives of PENGASSAN Branch Chairman PENGASSAN, NUPRC, Fellow Comrades, Members of the Press, Distinguished Ladies and Gentlemen, I feel highly honoured to...
Shake Up In EFCC, 20 Top Zonal Officers Redeployed To Police

How Ex-Staff Of First Marina Trust Allegedly Defrauded Clients N1.3bn

A Federal High Court in Lagos on Monday heard that two former employees of First Marina Trust Ltd. cloned emails of several customers and defrauded them to the tune of over N1.3 billion. Mr. Anthony...
NSE All-Share Index Grows Further By 0.15%

Equity Market Declines By N4bn On Profit Taking

The Nigerian equity market on Thursday posted negative results due to profit taking in some Tier-One banking stocks by investors. Consequently, the All-Share Index (ASI) dipped by 7.46 basis points or 0.02 per cent to...
Nigeria Technically Devalues Currency

Naira Depreciates By 0.46%, Exchanges At 441.17 To Dollar

The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per cent, compared with N439.17 to the dollar at the close of business on Oct....
COVID-19: Dangote Donates 400-Capacity Mobile Testing Centre To Kano Govt

LCCI, NACCIMA Flay Kogi Govt. Over Dangote Cement Obajana Attack

The Lagos Chamber of Commerce and Industry (LCCI) and the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) have condemned attack on Dangote Cement, Obajana Plant, which left seven persons injured...

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