The Pension Funds Administrators reduced the funds under the Contributory Pension Scheme that was invested in fixed deposits and bank acceptance to N1.6trillion in February. This was as the total funds under the scheme hit N15.49trillion in the period under…
Nigeria’s crude oil production growth dipped to 2.95 per cent month-on-month, in March 2023, to 1,268,202 barrels per day (bpd) from 1,306,304 bpd recorded in February 2023, the latest crude oil production status released by the Nigerian Upstream Petroleum Regulatory…
Speaker of the House of Representatives, Honorable Femi Gbajabiamila has said that the 2.4 bilion dollars revenue probe over alleged illegal sale of 48 million barrels of crude oil export from 2014-2015 is not a witch hunt. Gbajabiamila made the…
BUA Foods reported an impressive performance in 2022, with revenue up 25.53 per cent YoY to N418 billion, driven by impressive growth from the sugar segment, which accounted for 66 per cent of the group’s revenue. Despite severe macroeconomic headwinds,…
By Philemon Adedeji Federal Government of Nigeria (FGN) declared Friday 7th April 2023 and Monday 10th April 2023 as Public Holidays to mark the Easter celebration as the week opened yesterday, the bears continued to dominate the Lagos bourse driven…
Nigerian Exchange Limited (NGX) sanctioned four listed firms for inability to meet the regulatory requirements ranging between the third quarter of 2022 and the full year of 2022. PZ Cussons Nigeria Plc led with N8 million of the fines for…
Acting Executive Vice Chiarman/Chief Executive of National Agency for Science and Engineering Infrastructure, NASENI, Mrs Nonyem Onyechi on Tuesday resumed office at the agency’s Headquarters. In a statement on Tuesday by the Mr. Olusegun Ayeoyenikan Deputy Director, Information NASENI, the…
Governor Ademola Adeleke of Osun State has commended security agencies for their proactiveness in taming the recent wave of insecurity in the state. Adeleke also lauded the police for the arrest and prosecution of suspects in recent criminal cases. The…
President Muhammadu Buhari has arrived Madinah, Saudi Arabia to commence eight-day official visit to the Middle East country. The News Men reports that the Presidential aircraft conveying the Nigerian leader and some of his aides departed the Nnamdi Azikiwe International…
Real Madrid manager, Carlo Ancelotti has said the “20 years experience” he has over his former player Frank Lampard who is now Chelsea caretaker manager, will count for nothing on Wednesday. The two men are preparing to face off in…
