NSE halts positive trend, market capitalisation loses N7bn
Transactions on the Nigerian Stock Exchange (NSE) on Thursday reversed the two-day positive trend, with the market capitalisation dropping by seven billion naira. Specifically, the
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NECA hails CBN for exempting coys from Forex restriction
The Nigeria Employers’ Consultative Association (NECA) has commended the Central Bank of Nigeria (CBN) for exempting six companies from restriction on milk and dairy products
FG, States, LGs shared N8.15trn in 2019 – NEITI
The Nigeria Extractive Industries Transparency Initiative (NEITI), said in Abuja on Thursday that the Federal, States, Local Governments and other statutory recipients by the Federation
Tax waiver: Nigeria lost N1.3trn in 5 years -FIRS
The Federal Inland Revenue Services (FIRS) says Nigeria lost 1.3trillion naira to granting of tax waivers to companies operating in three sectors of the economy
AfDB clarifies Africa’s debt
The African Development Bank (AfDB) has clarified the debts incured by Africa. AfDB made this known in a statement by its Communication and External Relations
SEC may announce new recapitalisation programme for capital market operators
Capital market operators should be bracing up for recapitalisation programme as indications emerged on Thursday that the Securities and Exchange Commission (SEC) may introduce new
FIRS inaugurates intelligence system to track tax evaders
The Federal Inland Revenue Service (FIRS) has inaugurated a National Intelligence Gathering System to gather data and track tax evaders and defaulters across the country.
Funding key to achieving local content — Firstbank
Ms Bashirat Odunewu, Group Executive, Energy Infrastructure, CBG, First Bank Ltd. said that funding was key to achieving local content in the county. Odunewu spoke
BPE targets over N270bn from transactions in 2020
Bureau of Public Enterprises (BPE) says plans are underway to generate N270.79 billion from its 20 transactions in 2020. The Director-General, BPE, Mr Alex Okoh,
NSE market indices record 0.02% marginal growth
The market indicators of the Nigerian Stock Exchange (NSE) closed marginally on Wednesday with a growth of 0.02 per cent. Specifically, the All-Share Index (ASI)
