The Management of Asset Management Corporation of Nigeria (AMCON) has raised a New Year alarm, calling on all agencies of the federal government and all stakeholders to join its debt recovery drive to guide against the huge opportunity cost of…
The National Bureau of Statistics (NBS) has said active voice subscribers grew by 4.59 per cent in third quarter (Q3) of 2020. The report released by NBS on Sunday stated that Telecoms data for second quarter (Q2) and Q3 2020…
Analysts at Financial Derivatives Limited (FDC) Limited have forecasted 15.4 per cent inflation rate. The National Bureau of Statistic (NBS) is likely to release its December inflation data next week. According to analysts “Based on our survey and regression model,…
A financial expert, Mr Okechukwu Unegbu, has urged the Federal Government to use the 2021 budget to address fundamental economic dislocations in order to hasten the country’s exit from recession. Unegbu, a former Managing Director of the defunct Citizens International…
Chairman, Presidential Economic Advisory Council, Dr Doyin Salami, will be delivering a keynote address in a Roundtable organised by the Chartered Institute of Bankers of Nigeria (CIBN) Centre for Financial Studies. The Head, Marketing/ Corporate Communication and External Relations, Mr…
By Kayode Tokede Conoil Plc in its unaudited third quarter (Q3) ended September 2020 reported poor performance as key financial parameters recorded decline. The decline in revenue impacted on the petroleum marketing company profits in the period. The management was…
By Peace Busari The Chairman of Accident Investigation Bureau (AIB-N), Engr. Akin Olateru has lamented the cost of replacement of aircrafts faced by operators as the sum of millions could actually be channeled to other important areas of the operations.…
By Peace Busari The Lagos State Government has indicated a monthly target of N60.318 billion Internally Generated Revenue (IGR) to fund the 2021 budget. Speaking during a media briefing on the Analysis of the Year 2021 Budget at Alausa, Ikeja,…
By Peace Busari The Asset Management Corporation of Nigeria (AMCON) has announced Capt. Abdullahi Mahmood, a former Chief Pilot of Arik Air, as the substantive CEO for Aero Contractors. Nigerian NewsDirect found that this transpired after Aero’s former helmsman, Captain…
The National Bureau of Statistics (NBS) has disclosed that all commodity import group between July and September 2020 (Q3) import index rose by 1.89 per cent driven mainly by an increase in the prices of products of the chemical and allied…
