adminWhy Ctrip.com International, Brady, and Gold Fields Jumped Today
Image: Ctrip.com International. The stock market was generally quiet on Thursday, with most major indexes finishing slightly lower on the day. Yet beneath that apparent calm, there was considerably more…
Read moreWhy Chesapeake Energy, Tenet Healthcare, and JinkoSolar Slumped Today
Image: Chesapeake Energy. Thursday’s stock market performance continued the trend seen earlier in the week, with major market benchmarks remaining close to unchanged after large gains yesterday. Yet unlike in…
Read morePower ministry to prioritise TCN funding towards 10,000mw transmission
The Federal Government will henceforth make it its major priority to assist the Transmission Company of Nigerian (TCN) in accessing long-term expansion funding. These funding matrixes are to ensure a…
Read moreFMDQ becomes full member of African Securities Exchanges Association
The status of FMDQ OTC Securities Exchange as a “full member” Exchange of the African Securities Exchanges Association (ASEA) was ratified at the Association’s Annual General Meeting (AGM), which opened…
Read moreAkwa Ibom seeks improvement in IGR collection
Akwa Ibom State government has begun moves to boost its internally generated revenue (IGR) by engaging with the major companies operating in the state with the view to ensuring they…
Read moreNigeria is most dangerous country to drive in – FRSC
The Federal Road Safety Corps (FRSC) on Thursday said available record rated Nigeria as one of the most dangerous countries to drive in the world. Boboye Oyeyemi, corps marshal/chief executive…
Read moreReps stop AMCON on sale of banks’ assets, 32 tank farms
House of Representatives on Thursday told Assets Management Corporation of Nigeria (AMCON) to immediately halt the sale of assets of banks and companies that failed to meet their financial obligations…
Read moreFIRS identifies over 200 non- compliant oil, gas companies
Federal Inland Revenue Service (FIRS) has identified over 200 oil and gas companies that have not filed in returns for 2015. Consequently, the FIRS has written to them directly or…
Read moreCurrent policy regime inconsistent with growth, job creation, poverty reduction – Soludo
The current foreign exchange policy regime has been described as inconsistent with objective of growth, job creation and poverty reduction. Indeed, the data from National Bureau of Statistics (NBS) equally…
Read moreIllegal mining: Nigeria loses N8trn biennially – Senate
As the Muhammadu Buhari-led administration grapples with fall in prices of crude oil, which account for over 70 percent of the nation’s foreign exchange earnings, it has been revealed that…
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