BUA Foods Plc, the newest member on the NGX Main Board has surpassed the N1 trillion market value in the early hours of trading activities on Monday after the share gained over 9% in just 2 hours of trading. The…
The Nigerian Independent Petroleum Company (NIPCO) has positioned it’s workforce for improved service delivery in the coming year 2022. Managing Director and Cheif Executive Officer of the company, Suresh Kumar, in his New Year message appreciated the employees resilience over…
The Federal Government is yet to implement the payment of Value Added Tax, VAT, on imported Liquefied Petroleum Gas, LPG, the Nigerian NewsDirect reports. LPG, also known as cooking gas marketers confirmed the development to Nigerian NewsDirect on Monday in…
British banking and financial service group, Standard Chartered Plc, is reported to have concluded plans to close down at least half of its Nigerian branches, in a major move, as it navigates towards digital banking. This is coming at a…
Private sector credit rose to a record high of N35.31 trillion as of November 2021, representing N5.16 trillion net new loans between January and November 2021. This is according to data from the Central Bank of Nigeria (CBN) money and…
Civil Society Organisations (CSOs), under the aegis of Coalition of Civil Society Organisations and other critical stakeholders have insisted on the removal of petroleum subsidy. The group made this known in a communique issued at the end of a one-day…
The Securities and Exchange Commission (SEC), says it has plans to unveil a revised version of the 10-year Capital Market Masterplan that will take into account market dynamism and innovations in FinTech among others. This was disclosed by Director-General of…
The total value of capital importation into Nigeria stood at 1.73 billion dollars in the third quarter of 2021, from 875.62 billion dollars in the preceding quarter of 2021, the National Bureau of Statistics (NBS) says. The bureau said this…
By Our Correspondents Federal government has budgeted a sum of N1,721,703,735 for food stuff, refreshments, welfare, and others in the 2022 budget for the state house. This is in accordance with the data available in the 2022 appropriation Act. Meanwhile,…
…Maritime security tied to successful anti-drug war — Jamoh The Nigerian Maritime Administration and Safety Agency (NIMASA) and National Drug Law Enforcement Agency (NDLEA) have agreed to strengthen cooperation in the execution of their respective mandates in the country’s common…
