Investors lose N94bn on NSE, as market capitalisation drops to N12trn mark
Transactions on the Nigerian Stock Exchange (NSE) maintained negative slide for the second trading day of the month with investors’ net worth dropping by N94
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Capital importation into Nigeria for Q1 2019 over $8.4m—NBS
The National Bureau of Statistics (NBS), said that the total value of capital importation into Nigeria stood at 8,485 million dollars in the first quarter of
IGR in 36 states, FCT in 2018 stood at N1.1trn – Fowler
The Chairman, Joint Tax Board (JTB), Mr Tunde Fowler, said on Monday that the Internally Generated Revenue of the 36 states and FCT rose from
Naira closes N359 to Dollar at parallel market
The naira on Monday traded at N359 to the dollar at the parallel market in Lagos. The pound sterling and the euro exchanged at N462
NSE market indices open July with 1.18% loss
Activities on the Nigerian equities Market opened for the month of July on a negative note with the crucial market indices dropping by 1.18 per
RMAFC to improve federation revenues — chairman
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has pledged to increase the size of revenue shared by the three tiers of government in the
World Bank appoints new country director for Bangladesh, Bhutan
The World Bank has appointed Mercy Miyang Tembon, a Cameroonian education specialist, as its new Country Director for Bangladesh and Bhutan starting from July 1.
SEC urges investors of defunct Skye bank to claim their dividends
Securities and Exchange Commission (SEC),has reiterated its earlier directives to shareholders of the defunct Skye Bank to claim their dividends. The Acting Director-General, SEC, Mrs
Nigeria has N1tn financing gap yearly – BoI
Oluwakoyode Pitan, chief executive officer, Bank of Industry, BoI, has said that there exists a financing gap of more than N1 trillion in the country
PTAD to begin verification of pensioners under old scheme
Pension Transitional Arrangement Directorate (PTAD) has announced the recommencement of the Parastatal Pensioner Verification Exercise for pensioners and Next of Kin (NoK) under the Defined
