Investors recover N128bn in share trades worth N10.6bn
By Omobayo Azeez The Nigerian stock market rebounded by gaining N128 billion to afford investors some respite at the end of midweek
FAAC meeting ends inconclusively
The monthly Federation Account Allocation Committee meeting on Wednesday ended inconclusively. Hassan Dodo, the director of
Coronavirus: CBN unfolds N1.1tn intervention fund
The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of the economy. Godwin
Foreign capital inflow to telecoms grows 725% YoY to $944.05m – NBS
By Omobayo Azeez Foreign capital investment into the Nigeria’s telecoms industry rose by 725 per cent in 2019 to hit $944.05 million
COVID-19: FIRS unveils automated tax system to boost revenue collection
The newly appointed Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami. The Federal Inland Revenue Service (FIRS)
Oil slumps to 18-year low as Saudi Arabia ramps up price war
Oil prices plunged below $24 a barrel for the first time in almost 18 years after Saudi Arabia doubled down in its price war with
Wall Street slumps, government bonds hammered as stimulus high fades
Wall Street resumed a steep slide on Wednesday while bond markets rushed to price in the sheer scale of government support programs
COVID-19: Arik Air suspends flights to West Coast
Arik Air has announced the temporary suspension of flights to all its West Coast destinations effective Monday, March 23, 2020. The
Breaking: FG reduces petrol price to N130 from N145
The federal government may have directed the reduction in the pump price of Premium Motor Spirit (PMS) from N145 per liter to about
Economic council meets Buhari, warns of recession
The Presidential Advisory Council on Tuesday warned about dire economic consequences for Nigeria if the raging coronavirus infection