[Corporate Action] Avon Crowncaps and Containers Records N22 million Loss
Avon Crowncaps and Containers Nig. Plc, released its financial results for the quarter ended Dec. 31, 2015. The results showed that revenue rose by 20 percent from N3.1 billion in…
General Electric Is Pumping $200 Million Into Nigeria’s Energy Sector
A senior official of General Electric, Jay Ireland, recently remarked that Nigeria’s current economic woes, including lower prices for oil that produces 80% of government revenue and a related slump…
FG Believes It Will Make N66 billion From N50 Stamp Duty This Year
The Federal Government expects the N50 stamp duty on bank customers to bring in N66.1 billion in revenues this year. This was disclosed by the Central Bank of Nigeria (CBN)…
Buhari Sends Message To Devaluation Seekers “I Won’t Kill The Naira”
President Buhari who is visiting in Kenya last night once again reiterated his opposition to a devaluation of the Naira. This time around he not only dared supporters of a…
U.S. Shootings Since 1963 Have Killed More Americans Than All Wars Ever
U.S. Shootings Since 1963 Have Killed More Americans Than All Wars Ever Well, this is depressing. 01/27/2016 05:12 pm ET Sebastian MurdockReporter, The Huffington Post Here’s the shocking claim: Since…
CHANGE: Journey Of The Naira Since Buhari Became President
The Naira is currently going through one of its darkest times in the parallel market. Above is the path the naira has taken since Buhari was sworn in as President…
[Nigerian Stocks] Transcorp Just Got Battered
The Nigerian Stock Exchange closed on a negative note, as the All Share Index (ASI), dipped by 2.09% today to close at 23,333.34. Transcorp topped the losers chart, but banking…
This Blistering Bloomberg Article Wants Nigeria’s Economy To Collapse To Teach Emefiele A Lesson
International Financial media and data company, Bloomberg ripped into Nigeria’s CBN Governor after the Monetary Policy Committee failed to devalue the naira. Bloomberg was seemingly disgusted with the decision and…
[BREAKING] Nyesom Wike Floors Dakuku Peterside In Supreme Court
The Supreme Court of Nigeria has upheld the election of Nyesom Wike as the Governor of Rivers State. The court said it will give reason(s) for the judgement on February…
Nigeria’s Stolen Funds Is “Everywhere”
Nigeria’s stolen funds are not only found in Europe but all over the world. This was a statement made by the Head of the EU Delegation to Nigeria, Michael Arrion.…