The Edo State Governor, Mr. Godwin Obaseki, has signed the state’s 2020 Appropriation Bill pegged at N179,212,812,050.72 into law, after due passage by the Edo State...
Global Credit Rating (GCR) has said that it has upgraded African Export-Import Bank’s (Afreximbank) long-term international scale rating from BBB+ to A-. GCR also affirmed the...
The Acting Director-General of the Nigeria Pension Commission (PenCom), Aisha Dahir-Umar has been queried by the House of Representatives on how the finances of the government agency was...
The Federal Government on Friday, December 6, 2019, filed a new and substantive challenge in the English Courts, in its ongoing fight against the Process and...
Senate has at plenary, passed the 2020 budget of N10.594 trillion as against N10.33 trillion presented by President Muhammadu Buhari on Oct. 8. The passage followed the...
Losses in three stocks, that of Access Bank, First Bank Holding and Guaranty Bank At the close of trade, in the Nigerian Stock Exchange l dragged...
In today’s trading session, the benchmark index sustained losses, declining 2bps to 26,938.58 points, due to sell-offs in STERLING (-6.3%), UBA (-1.4%) and ZENITH (-0.5%). As a result, YTD...
The Edo State Joint Account and Allocation Committee (JAAC) has declared N3.15 billion as the total allocation that accrued to the 18 Local Government Areas (LGAs)...
Sell-offs in MTNN (-0.8%), STANBIC (-3.5%) and GUINNESS (-6.5%) dragged the All-Share Index (ASI) down 17bps to 26,944.32 points. Hence, market capitalisation shed N22.3bn to settle at...
Nigerian Banks recovered a total of N738.15 billion Non-Performing Loans (NPL) from operators in oil and gas sector. According to the the National Bureau of Statistics (NBS) third quarter (Q3) 2019 report, NPL...
Centre for Social Justice has said that the exchange rate of N305 to 1 USD is contentious as economic agents in Nigeria do not access foreign...
Losses in CCNN (-5.0%), GUARANTY (-0.5%) and FCMB (-5.5%) dragged the All-Share Index (ASI) by 4bps to 26,990.59 points while YTD loss stood at -14.1%. Thus, market...
National Bureau of Statistics (NBS) says Ecobank Nigeria and the local unit of Standard Chartered Bank have joined Stanbic IBTC Bank to become foreign investors’ favourites...
In its last intervention for the month of November,the Central Bank of Nigeria (CBN) on Friday, November 29, 2019, made an intervention of $323.5million in the...
Lagos Chamber of Commerce and Industry has said that the bigger worry in the federal government borrowing spree is the capacity of Nigeria to service the...