Coalition seeks protection for local businesses
The Business Founders Coalition has urged the Federal Government to evolve policies that would disallow foreign investors from having controlling rights in Nigerian businesses. Dr Richardson Ajayi, Founder, Synlab Nigeria,…
FG Orders DisCos To Suspend Electricity Tariff Hike
The Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff. The Nigerian Electricity Regulatory Commission (NERC) issued the order on Tuesday…
No plans to scrap NNPC in PIB ― FG
Federal Government Monday said that there are no plans to Scrap the Nigerian National Petroleum Corporation, NNPC in the Petroelum Industry Bill 2020 that has been transmitted to the National…
CBN: Agricultural Commodities Speculators Will Get Their Fingers Burned
Speculators in agricultural commodities, especially middle men in the rice market, who are hoping to cash in on widespread flooding in some parts of the country to jerk up prices,…
CAMA law will enhance transparency, says Buhari
President Muhammadu Buhari on Thursday, said the Companies and Allied Matters Act , 2020 which he recently signed into law would enhance transparency and corporate accountability and help the fight…
How FG spent N8.9t on subsidy in 10 years -PPPRA
Regulatory Agency (PPPRA) says the Federal Government has spent a total of N8.94 trillion on oil subsidy between 2006 and 2015. The agency disclosed this in a document on subsidy…
NSE, others to expand retail investment opportunities in capital market
The Nigerian Stock Exchange (NSE), Nigerian International Securities Limited (NISL) and the Chartered Institute of Stockbrokers (CIS) expressed commitment to expanding retail investment opportunities in the capital market. The trio…
Why Nigeria’s tech stocks can’t hit $1tr mark in 30 yrs’
• Brokers blame uncertainty, harsh business climate • Experts decry poor infrastructure for tech hardware With global technology companies, including Apple, Amazon, Netflix, Zoom, apparently doing well, and to a…
Buhari holds closed-door meeting with Ghanaian president
President Muhammadu Buhari on Sunday night met behind closed doors with President Nana Akufo-Addo of Ghana at the Presidential Villa, Abuja. Bashir Ahmad, the President’s Personal Assistant on New Media,…
Cabal hijacked Subsidy regime — NNPC Boss
Says FG wastes over N10 trillion on Subsidy Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mele Kolo Kyari, has said that over N10 trillion was spent on fuel…
CBN Probes 16 Firms Over Forex Infractions
The Central Bank of Nigeria (CBN) is investigating the bank accounts of 16 companies in the country suspected of violating foreign exchange regulations, New Telegraph learnt yesterday. A list of…
ECOWAS Insists On Okonjo-Iweala For WTO Top Job
Following President Muhammadu Buhari’s request, Presidents of West African countries have reiterated their commitment to ensure that a Nigerian former minister for finance, Dr Ngozi Okonjo-Iweala clinches the position of…
78 companies bid for NNPC Pipelines, depots rehabilitation
……..DPR warns IPMAN against exploitation The Nigerian National Petroleum Corporation (NNPC) says 78 companies will bid for the rehabilitation of oil pipelines and depot infrastructure across the country. The News…
Okonjo-Iweala makes shortlist of five for WTO DG job
Ngozi Okonjo-Iweala has been named among the five candidates that will proceed to the next stage in the race for the position of the director-general of the World Trade Organisation.…
BREAKING: FG apologises for asking all bank, other account holders to re-register
The Federal Government has apologised for asking all account holders in the country’ s financial institutions to register their details again . The PUNCH reports that the FG earlier asked…