The 36 states and the Federal Capital Territory (FCT) generated N1.31 trillion as Internally Generated Revenue (IGR) in 2020 compared to N1.33…
Business News Report
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Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry,…
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Sell-offs in WAPCO (-3.0%), ZENITH (-0.9%) and GUARANTY (-0.2%) dragged equities market southwards today, as the benchmark index fell 17bps to 38,571.89 points. Consequently, YTD loss increased to -4.2% while market capitalisation…
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National Bureau of Statistics has said that the rate of general rise in prices of goods and services in Nigeria for the…
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Vice President Yemi Osinbajo has said that access to broadband and other technology tools has become compulsory for any community that seeks…
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Ecobank said it has rolled out several investment packages and opportunities to encourage Nigerians in the diaspora to own houses in the…
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The International Monetary Fund (IMF), says sub-Saharan Africa’s low-income countries face additional external funding needs of about 245 billion dollars over the…
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Minister of Works and Housing, Babatunde Raji Fashola, SAN has said that the ministry will soon publish what he termed “a black…
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The Edo State Governor, Mr. Godwin Obaseki has called for urgent steps to end the country’s current monetary rascality, so as to…
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The Minister of Power, Mr Sale Mamman, has apologised to Nigerians over the current power outages experienced across many parts of the…
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The Nigerian Ports Authority (NPA), on Thursday, disclosed the suspension of ETO (Electronic Call-up for trucks) ticket for cargoes bound for the…
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The Securities and Exchange Commission (SEC) will establish a N100 billion Strategic Health Impact Fund for Transformation (SHIFT) to support the fight…
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The French President, Emmanuel Macron, has commended the Chairman of BUA Group, Abdul Samad Rabiu for his commitment to developing lasting relationships…
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Finance
Senate summons Finance Minister; AGF over unapproved withdrawal of N7.5bn from the 2% NAC Levy
Senate has summoned the Minister of Finance, Ahmed Zainab and the Accountant General of the Federation, Ahmed Idris over alleged secret withdrawal…
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Buying interest in MTNN (+0.6%), FBNH (+2.0%) and GUINNESS (+10.0%) buoyed gains in equities today as the benchmark index rose 9bps to 38,636.15 points. Consequently, YTD loss improved to…