The domestic equities market reversed yesterday’s loss following buying interest in DANGCEM (+5.6%), DANGSUGAR (+1.6%) and UBN (+1.8%). Consequently, the NSE All-Share Index (ASI) gained 83bps…
Business News Report
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BusinessEconomyNews
AIB report on Chanchangi, Tampico TB-9, Beechcraft, Veteran Aviation Airline air disaster out
Nigeria Accident Investigation Bureau, AIB, yesterday released the report of the accident involving a Chanchangi Boeing 737-200 aircraft at the Port Harcourt…
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The Economic and Financial Crimes Commission (EFCC) has confirmed the invitation of Mr Babatunde Fowler, former Chairman of the Federal Inland Revenue…
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Oil and GasNews
EITI commends NNPC on publication of 2019 audited account, Kyari to speak at its virtual meeting
The Extractive Industries Transparency Initiatives (EITI), a multi-stakeholder coalition that promotes extractives transparency and accountability in over 50 countries, has commended the…
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The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organisations to explore the opportunities…
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Minister of Aviation, Senator Hadi Sirika has said that the federal government has approved N4 billion Naira bailout fund for domestic airlines…
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Sell-offs in the banking stocks, ETI (-8.9%), FCMB (-9.9%) and ZENITH (-0.7%) drove the NSE All-Share Index (ASI) down 17bps to 30,479.39 points. Similarly, investors lost ₦26.8bn as market capitalisation declined…
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The Department of Petroleum Resources (DPR) has warned Liquefied Petroleum Gas (LPG) retail outlets against cylinder to cylinder gas refilling and decanting…
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Nigeria’s trade with the Republic of Bangladesh this year is valued at $145 million, a modest rise from $11.27 million last year. …
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Indication emerged weekend that about some Ministries, Departments and Agencies MDAs in the Federal Civil Service have reportedly exhausted their 2020 personnel…
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MaritimeEconomyNews
Economic diversification: Maritime to lead Nigeria out of dil dependency, says Jamoh
With many countries proposing ban on use of fossil fuels, and the world transitioning from oil, Dr. Bashir Jamoh Director-General, Nigerian Maritime…
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The Chairperson Nigerians in Diaspora Commission NIDCOM Mrs Abike Dabiri-Erewa has said that in the last three years, Nigerians in the Diaspora…
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The Edo State Skills Development Agency (EdoJobs) has concluded plans to organise interior design skills training for youths in Edo North Senatorial…
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BusinessEconomyFinanceNews
Set up compensation fund for businesses impacted by ENDSARS unrest CHRICED tells CBN
Resource Centre for Human Rights & Civic Education (CHRICED) has urged the Central Bank of Nigeria (CBN) to set up a compensation…
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The consumers’ overall confidence outlook dipped in Q3 2020, as consumers were pessimistic in their outlook Central Bank of Nigeria survey has…