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 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...
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...
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...
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...
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...
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...
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....
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...
