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Exchange Rates Diverge as FX Supply Sinks 3.5%
adminJanuary 29, 2024
Exchange Rates Diverge as FX Supply Sinks 3.5% The naira exchange rates diverged across the foreign exchange markets as US dollar scarcity persisted in Nigeria. At Nigeria’s autonomous foreign exchange…Read More
Fiscal Commission to Verify Capital Projects Worth N2.9Trn
adminJanuary 29, 2024
Fiscal Commission to Verify Capital Projects Worth N2.9Trn The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across…Read More
Economic Commission Sees Slowdown in Global GDP Growth
adminJanuary 29, 2024
Economic Commission Sees Slowdown in Global GDP Growth The Economic Commission for Africa (ECA) says global Gross Domestic Product (GDP) will experience slow growth from 2.7 per cent in 2023…Read More
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing
adminJanuary 29, 2024
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing NDLEA declared Miss Commonwealth Nigeria Culture 2015/2016, Ms Oluwadamilola Aderinoye is the founder of Queen Christmas Foundation, a non-governmental Organisation wanted…Read More
Access Plc. Gets Approval to Acquire ARM Pension Managers
adminJanuary 29, 2024
Access Plc. Gets Approval to Acquire ARM Pension Managers Access Holdings Plc says it has obtained necessary approval for the acquisition of ARM Pension Managers (PFA), Ltd., by its subsidiary,…Read More
$2bn: EITI Faults NEITI on NNPCL Transparency
adminJanuary 29, 2024
$2bn: EITI Faults NEITI on NNPCL Transparency The Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its…Read More
NGX Hits N56Trn as Investors Gain N4.3Trn
adminJanuary 29, 2024
NGX Hits N56Trn as Investors Gain N4.3Trn Equities investors in the Nigerian stock market recorded a bumper harvest amidst the ongoing boom in the local bourse. The total market capitalisation…Read More
BUA Cement Climbs to N6Trn on Fresh Buying Interest
adminJanuary 29, 2024
BUA Cement Climbs to N6Trn on Fresh Buying Interest BUA Cement Plc is closing the week at N6.08 trillion market value after a bull run in the local bourse provoked…Read More
Fitch Upgrades Gabon Ratings as Uncertainties Ease
adminJanuary 29, 2024
Fitch Upgrades Gabon Ratings as Uncertainties Ease Fitch Ratings has affirmed Gabon’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘, and removed it from Rating Watch Negative (RWN) as political…Read More
NNPCL Remitted Zero To Federation Account In 2022 Due To Fuel Subsidy
adminJanuary 29, 2024
The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, the…Read More
Abia CP Parades 3 Man O’ War Members For Impersonating EFCC Operatives, Robbery
adminJanuary 29, 2024
Abia State Commissioner of Police, Kenechukwu Onwuemelie, weekend announced the arrest of five suspected fake personnel of the Economic and Financial Crimes Commission, EFCC, in the state. Onwuemelie, who spoke…Read More
Stop Harassing VCs Over Tetfund, Falana-Led ASCAB Cautions House Committee
adminJanuary 29, 2024
*Says House Committee Lacks Power to Review Tetfund Act The Alliance on Surviving Covid 19 and Beyond (ASCAB) has urged vice chancellors, provosts and heads of federal and state-owned tertiary…Read More