FAAC: FG, States, LGs share N699.8bn for December 2021
The Federal Government, States and Local Governments (LGs), on Friday, shared N699.824 billion as federation allocation for December 2021. A...
NEC: No decision yet on fuel subsidy
The National Economic Council (NEC) says it has yet to take a decision on the issue of fuel subsidy removal...
Parallex Bank promises limitless banking services
Parallex Bank, one of the latest microfinance banks to transit to a commercial bank, has promised limitless banking services using...
Buhari unveils rice pyramids in Abuja, commends CBN for support to farmers
President Muhammadu Buhari, on Tuesday, commended the Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, for boosting...
NGX resumes with N30bn loss on BUA Foods profit taking
The domestic stock market opened the trading week on Monday on a bearish mood with a loss of N30 billion...
DMO releases bonds issuance calendar for Q1 2022
The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022...
NGX extends losing streak by N81bn on sustained profit taking
The nation’s bourse extended its losing streak on Friday by N81 billion on sustained profit taking. Specifically, the market capitalisation...
NGX records first year loss, down by N20bn
The Nigerian equities market halted its previous positive outing to close on a negative note for the first time in...
‘With N2.2trn revenue, Customs exceeded 2021 target’
The Nigeria Customs Service (NCS) said it generated N2.23 trillion revenue in 2021 against its target of N1.67 trillion. NCS spokesman,...
MAN kicks against excise on soft drinks
The Manufacturers Association of Nigeria (MAN) says the introduction of excise duty on non-alcoholic beverages will cause a 0.43 per...
‘Soft drink’ consumers to pay more as FG introduces excise duty on non-alcoholic beverages
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the federal government has introduced excise duty of...
NGX resumes year upbeat, ASI up by 0.73%
Activities on the nation’s bourse kicked off the first trading session of the year on a positive note due to...
Automation: NIMASA commences Digital Manifest Management, as Jamoh assures of improved Vessel turnaround time
The Nigerian Maritime Administration and Safety Agency (NIMASA) has commenced total digital manifest management regime for all vessels calling at...
NGX resumes after Christmas break with N238bn loss
The Nigerian stock market resumed trading on Wednesday after the Christmas holidays with a loss of N238 billion due to...
Tunde Lemo-led Titan Trust Bank acquires 89.39% stake in Union Bank
Union Bank of Nigeria (UBN) Plc, on Thursday, announced a proposed divestment of majority shareholding interest in the bank to...
NPA appoints Nasiru, six others as General Managers
The Nigerian Ports Authority (NPA) has approved the appointment of seven new General Managers, including Mr Ibrahim Nasiru, the Assistant...
NNPC rakes in N203bn from petroleum products sale in July
The Nigerian National Petroleum Company (NNPC) Ltd. says the Petroleum Products Marketing Company (PPMC), its downstream subsidiary made a sum...
Pantami: FG introduces digital tokens to replace NIN slip
The Federal Government has introduced a suite of digital Tokens to replace the aging NIN slip and polycarbonate card. Minister...
Customs: Four used Toyota vehicles, 53 Television sets, pistol, ammunition, others found in container
The Nigeria Customs Service (NCS), Tincan Island Port Command, has revealed items found in a 40 feet container suspected to...
Customs Service revenue hits N2.3trn
The Nigeria Customs Service (NCS) has so far generated N2.3 trillion revenue into the federation account in 2021. Mr Timi...
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