NSE: Trading returns to negative territory, indices down by 1.36%
The nation’s bourse returned to negative territory on Thursday with indices declining by 1.36 per cent, due to profit taking. Consequently, the All-Share Index decreased
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Lockdown: Long queues at ATMs ahead of Ramadan in Kano
Some banks in Kano Metropolis, on Thursday, witnessed long queues at their various Automated Teller Machines (ATMs) outlets by customers in preparation for the forthcoming
FAAC shares N780.926bn revenue to FG, States, LGs
The Federation Accounts Allocation Committee (FAAC) has shared N780.926 billion as March Federation Account Revenue to the Federal, States, Local Governments and relevant Agencies in
CBN’s N50bn COVID-19 fund disbursement begins Thursday
Barring any last-minute change in plans, the disbursement of the first tranche of the Central Bank of Nigeria N50bn targeted credit facility would begin on
AfDB earmarks $760,000 for SMEs in renewable energy
Through the Sustainable Energy Fund for Africa (SEFA), the African Development Bank (AfDB) has approved a $760,000 grant to Empower New Energy AS (EmNEW) to
Trading rebound on NSE, index up by 0.66%
Trading on the Nigerian Stock Exchange (NSE) closed upbeat on Wednesday following gains in blue chips stocks with the All-Share Index advancing by 0.66 per
COVID-19: Capital market stakeholders to raise N1bn to cushion effect of pandemic
The Capital Market community has launched an initiative aimed at raising one billion Naira as palliative to cushion the effect of COVID-19 on poor and
COVID-19 pandemic may delay NSE’s demutualisation plan
A Strong indications emerge on Tuesday that the Nigerian Stock Exchange (NSE) demutualisation exercise is being delayed by the lockdown due to COVID-19 pandemic. Investigation
FIRS: Scaling hurdles to achieve N8.5tr revenue target
When Mr Muhammad Nami assumed duty as the Executive Chairman, Federal Inland Revenue Service (FIRS) in December 2019, many did not envy his taking the
Inflation rises to 12.26% in March – NBS
The National Bureau of Statistics (NBS) says Consumer Price Index (CPI), which measures inflation, increased by 12.26 per cent year-on-year in March. The NBS made
