Category: Business
Dangote Flour emerges best performing stock on NSE in February
Dangote Flour led other equities in February on the Nigerian Stock Exchange (NSE) to emerge as the best performing stock, in percentage terms, with 81.66 per cent...
NNPC to build fertilizer plants in Brass, additional power plants in Abuja, others
The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is...
Access Bank, Diamond Bank shareholders approve merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions aimed at creating a formidable force. The...
Investment: LCCI urges FG to further liberalise Nigeria’s visa policy
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to further liberalise Nigeria’s visa policy to attract more foreign investment to...
Whistle-blowers raise red flag on Electricity Trading Company, wants EFCC probe
The Nigeria Bulk Electricity Trading Company (NBET), has come under the searchlight of Nigeria’s leading coalition of whistle blowers. The corruption trackers want...
Oil drops as China cuts economic growth target, but OPEC-led cuts support
Oil prices fell on Tuesday as China cut its 2019 economic growth target, dimming the outlook for fuel demand, although OPEC-led efforts to cut output still offered some...
‘Nigeria overtakes Egypt as largest rice producer in Africa’
Nigeria has overtaken Egypt as the largest rice producer in Africa, Director-General,Africa Rice Center, Benin Republic, Dr Harold Roy-Macauley has said . Roy-Macauley,...
NSE: Market indices maintain upward growth, up by 0.95%
Transactions opened on the nation’s Stock Exchange for the week on Monday with a growth of 0.95 per cent, following gains by some blue chips. The News Agency of...
Emefiele sacked as CBN Governor
President Muhammadu Buhari has sacked the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. CBN sources told Elombah News that Emefiele has also been asked...
FIRS generates N12.6trn revenue in 3 years
The Federal Inland Revenue Service (FIRS), said it generated N12.62 trillion revenue from tax in the last three years. FIRS said this in a document on its...
