Category: Business
Petroleum Industry Intervention on COVID-19 earmarks 53% of funding to construction of medic infrastucturee
Petroleum Industry Intervention … Begins building of facilities in three states Of the N21billion ($58million) pledged in kind as medical intervention by the Nigeria...
COVID-19: Nigeria records revenue loss of N1.01trn
The negative impact of the Coronavirus pandemic has resulted in the Federal Government recording a revenue shortfall of about N1.01tn in the first quarter of this...
IAP want FG to restore economy quick
The Executive Director, Independent Advocacy Project (IAP) and Media...
Lawan tasks SEC on efficiency, investments
…As Senate confirms appointments of Yuguda, others President of the Senate, Ahmad Lawan, has tasked the Securities and Exchange Commission (SEC) to ensure...
MTN Nigeria’s issuance of N100b series 1 and 11 notes under the debut N100b commercial paper programme
…The Largest debut commercial paper issuance by a Nigerian corporate MTN Nigeria Communications PLC (“MTN Nigeria” or the “Company”) hereby notifies...
Court orders interim forfeiture of N827m recovered from businessman to FG
A Federal High Court sitting in Lagos State on Monday, ordered the interim forfeiture of N827million recovered from a businessman, Matthew Edevbie, to the Federal...
COVID-19: Nigeria gets $288.5m from Adesina led AfDB
Even in the midst of opposition to the candidature of her citizen,the Board of Directors of the African Development Bank on Friday approved a $288.5 million loan...
NNPC explains measures to cut crude oil production cost
The Nigerian National Petroleum Corporation (NNPC) is taking measures to bring down cost of crude oil production to $10 per barrel or below, the Corporation’s Chief...
CBN: Group petitions U.S. congress, demands Emefiele’s probe, sanction over alleged scam
A global pan-Nigeria group, Nigerian Young Professionals Forum, NYPF, has petitioned the US Congress over alleged multiple scams at the Central Bank of Nigeria,...
Nigerian stock market on the decline, falls by N155b
Profit taking was persistent on the Nigerian Stock Exchange (NSE) on Friday with investors net worth dropping further by N155 billion. Specifically, the market...
