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The Federation Accounts Allocation Committee (FAAC) has shared N651.18 billion Federation Account Revenue to the federal, states and local government councils and relevant agencies for the...
Annual inflation in Nigeria rose for a 10th straight month in June, lifted by food and healthcare costs, National Bureau of Statistics said in its report...
The bearish sentiment in the local bourse persisted as the All-Share Index declined on 3 of 5 trading days – Monday (-44bps), Tuesday (-34bps) and Friday (-17bps) – with...
The Civil Society Advocacy Group for Accountability and Probity has slammed the Rivers State Governor, Nyesom Wike for obstructing Thursday’s move by the police to arrest...
Refinitiv has said in a report that investment banking fees in Sub-Saharan Africa reached an estimated $64.5 million during the second quarter of 2020, half the...
The stock market sustained previous day’s positive performance as gains in MTNN (+2.6%), AIRTELAF (+2.4%) and GUARANTY (+2.3%) drove the benchmark index up 82bps to settle at 24,330.06 points. Consequently, investors gained ₦12.6bn as market...
Nigeria hopes changes it has made to gold mining regulation will earn the government $500 million a year in royalties and taxes and create 250,000 jobs,...
The Organisation of Petroleum Exporting Countries (OPEC) and its allies called OPEC+ has requested the Joint Technical Committee (JTC) to closely monitor the implementation of the...
Shareholders of Jaiz Bank Plc are to receive a total of N884million dividend payment subjected to appropriate withholding tax. The Chairman of the Bank Alhaji Umaru...
The acting Managing Director of the Niger Delta Development Company (NDDC) Prof. Kemebradikumo Pondei and his team on Thursday, walked out on legislators investigating the alleged...
By Omoh Gabriel The Nigerian National Petroleum Corporation (NNPC) has advised against a swift relocation of tank farms from their current locations along Ijegun, Kirikiri areas...
The Nigeria Labour Congress (NLC) says 37.8 billion dollars will be needed as Global Fund for Universal Social Protection for the first five years to close...
Europe’s second-highest court on Wednesday rejected an EU order for Apple (AAPL.O) to pay 13 billion Euros (15 billion dollars) in Irish back taxes, dealing a...
Ecobank, has won Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020. Euromoney recognises Ecobank’s focus on sustainability and partnerships and its...
The domestic equities market closed positive for the first time this week as the All-Share Index rose 6bps to settle at 24,130.26 points following bargain hunting in AIRTELAF (+3.4%), DANGSUGAR (+5.2%) and GUARANTY (+0.9%). As...