The National Bureau of Statistics (NBS), has said that Nigeria’s Gross Domestic Product (GDP), in the second quarter of 2020 (Q2 2020),…
Business News Report
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The Corporate Affairs Commission (CAC) has said that the new Companies and Allied Matters Act 2020 will answer the widespread call for…
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The equities market opened the week positive as the All-Share Index rose 3bps due to price appreciation in GUARANTY (+0.4%), GUINNESS (+1.3%) and UNILEVER (+7.5%)…
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Federal Inland Revenue Service says it netted a total of N1.29 trillion revenue from various taxes in Q2 2020 about N19.15 billion…
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African Export-Import Bank (Afreximbank) unaudited financial statements for the six months ended 30 June 2020 showed that despite the impact of the…
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MaritimeNews
Jamoh: Inter-agency collaboration surest route to Maritime Security, visits Comptroller-General of Immigration
Intensifying the quest for cooperation among relevant government agencies in a bid to secure Nigeria’s maritime domain, the Director-General of the Nigerian…
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The Managing Director/Chief Executive Officer of Polaris Bank Limited, Mr. Tokunbo Abiru, has announced his retirement from the service of Polaris Bank,…
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NewsOil and Gas
NNPC Posts Crude Oil & Gas Export Receipts of $378.42m in June, records $4.60bn export sale in one Year
The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as…
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By Pedro Azuogu is the Principal Partner of P.R.O AZUOGU & ASSOCIATES Corruption As An Enterprise In Nigeria – Both the American Heritage…
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EconomyFinanceNews
4 Nigerian companies barred from AfDB contract for engaging in fraudulent and deceitful practices
Four Nigerian companies have been barred from participating in Africa Development financial projects for engaging in fraudulent and collusive practices during the…
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Last week, buying interest in INTBREW (+26.3%), DANGSUGAR (+5.0%) and GUARANTY (+0.8%) lifted the benchmark index by 0.1% w/w to 25,221.87 points.…
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Ecobank has launched the virtual card, a digital payment solution for safe online payments, integrated into its digital banking channel, Ecobank Mobile. The Ecobank Virtual Card was rolled out…
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A new set of standards for animal and livestock feeds value chain has been developed by Standards Organisation of Nigeria (SON) aimed…
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The Progressive Ambassadors of Nigeria (PAN) has urged ECOWAS and the Federal Government to wade-in on the imposition of $1million trade-levy on…
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Timipre Sylva, Minister of State for Petroleum Resources, said the Federal Government had approved the establishment of Nigeria National Petroleum Corporation (NNPC),…