Pascal Arogorn Ibe
- Business
- October 12, 2020
- 324 views
Economy loses N900bn credit, private sector stagnates at N30trn
Credit to the economy fell by N900 billion or 2.27 percent in August driven by slump in credit to the government during the month. The Central Bank of Nigeria (CBN)…
- Business
- October 12, 2020
- 414 views
NSE Extends Weekly Rally By 5.30%
Financial Services industry led the activity chart with 2.325 billion shares valued at N25.816 billion traded in 21,306 deals Trading activities on the floor of the Nigerian Stock Exchange last…
- Business
- October 11, 2020
- 380 views
Airtel loses appeal against N4.8bn judgement
Telecoms firm, Airtel Networks Limited has lost an appeal against a N4.888,434,208 judgment debt secured against it by telephony products and services distributor, Plus Limited at a Lagos High Court.…
- Business
- October 10, 2020
- 359 views
CBN, Zamfara have no gold-mining agreement —Govt
The Special Adviser to Governor Bello Matawalle on Media, Alhaji Zailani Baffa, has denied claims that the Central Bank of Nigeria is trading in gold with Zamfara State Government .…
- Business
- October 9, 2020
- 364 views
Forex:Turnover in I&E reverses trend, jumps 135%
MONEY MARKET The volume of US Dollars traded (turnover) in the Investors and Exporters (I&E) window of the Nigerian foreign exchange market shot up by 135 percent, month-on-month, to $1.98…
- Business
- October 9, 2020
- 391 views
WTO Finalists: Okonjo-Iweala Thanks Buhari, Nigerians
Former Finance Minister of Finance, Dr. Ngozi Okonjo-Iweala, has thanked President Muhammadu Buhari and Nigerians in general, for supporting her bid for the post of Director-General (WTO) of the World…
- Business
- October 9, 2020
- 357 views
Senate Fixes October 20 For Commencement Of PIB Debate
The Senate has fixed October 20, 2020, for the commencement of the Petroleum Industry Bill (PIB) debate. President of the Senate, Ahmed Lawan, revealed this on Thursday via his Twitter…
- Business
- October 7, 2020
- 402 views
National Assembly shifts PIB deliberations to 2021 – FG
Deliberations on the Petroleum Industry Bill by the National Assembly has been shifted to the first quarter of next year , the Minister of State for Petroleum Resources , Timipre…
- Business
- October 7, 2020
- 420 views
Stock market gains N1trn in two days
Investments in stock market soared to new heights yesterday as more money are diverted from money market into the stocks bringing investors’ gains to over N1.07 trillion in two days…
- Business
- October 6, 2020
- 414 views
Zamfara govt begins own gold reserve
Zamfara government says it has started its gold reserve to reduce dependence on federal allocations. The state Commissioner for Finance, Alhaji Rabiu Garba, told journalists in Gusau on Tuesday that,…
- Business
- October 6, 2020
- 446 views
WTO: EU Backs Okonjo-Iweala, S’Korean Candidate
European Union (EU) governments will support Nigeria’s former Finance Minister, Dr. Ngozi Okonjo-Iweala and South Korean, Yoo Myung-hee, as candidates to lead the World Trade Organisation (WTO) as the race…
- Business
- October 5, 2020
- 357 views
Buhari approves N10 billion for census process – Official
President Muhammadu Buhari, on Monday, approved N10 billion for the continuation of Enumeration Area Demarcation (EAD) in 546 local government areas in the country. The EAD is the process of…
- Business
- October 4, 2020
- 377 views
NERC Calls For Abolition Of Electricity Tariff Subsidy, Says It Gulped 540bn In 2019
The Nigerian Electricity Regulatory Commission (NERC) has called for the abolition of electricity tariff subsidy and has advised that money meant for the subsidy be channeled to other sectors of…
- Business
- October 3, 2020
- 440 views
It is unfair to use taxes from herdsmen to subsidise petrol — Presidency
The Presidency has reacted to criticisms that trailed President Muhammadu Buhari’s Independence Day speech, where he said it made no sense for petrol to be sold cheaper in Nigeria than…
- Business
- October 2, 2020
- 488 views
Chevron Nigeria to sack 25% of workforce
Chevron Nigeria Limited has said it will slash its workforce by 25 per cent as it is reviewing its manpower requirements in the light of the changing business environment .…
