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Business and Economy

COVID-19: Africa needs $100bn economic stimulus — finance ministers

Africa needs an immediate emergency economic stimulus to the tune of 100 billion dollars, owing to the COVID-19 outbreak, the African Finance Ministers have...

COVID-19: Kebbi Govt seeks way out of dwindling revenue

Kebbi Government on Monday convened a stakeholders meeting to proper a way out, as future federal allocations seem bleak following the crash of oil...

FAAC shares N581.5bn for February

The Federation Accounts Allocation Committee (FAAC) has shared the sum of N581.566 billion to the Federal, States and Local Governments for February.Mr Henshaw Ogubike,...

COVID-19: FIRS boss urges personnel to brace up for more revenue generation

The Federal Inland Revenue Service (FIRS) has urged hisvpersonnel to brace up to generate appreciable revenue especially now that other revenue sources have...

COVID-19: NSE to shut trading floors effective March 25, resorts to remote trading

Following the raging effect of COVID-19 in country, the Nigerian Stock Exchange (NSE) will effective March 25 temporarily close its trading floors and engage...

FIRS collects N338.1bn revenue in January

The Federal Inland Revenue Service (FIRS ) has collected the sum of N338.1 billion revenue for January 2020 as a against N620.2 billion...

Coronavirus: We’re not shutting down operations – Union Bank

The Union Bank of Nigeria Plc, on Sunday, denied social media report that it would shut down its daily operations, beginning from March 23...

BUA Group acquires majority holding in construction company

BUA Group has acquired majority shareholding in P.W. Nigeria Ltd., one of Nigeria’s largest construction, engineering and mining companies.Abdul Samad Rabiu, Executive Chairman of...

COVID-19: UBA, Transcorp postpone 2019 AGMs

United Bank for Africa (UBA) and Transcorp have announced the cancellation of their 2019 Annual General Maeetings (AGMs) to prevent the spread of COVID-19. The...

BPE set to carry out 19 transactions in 2020, says DG

The Director-General, Bureau of Public Enterprises (BPE), Mr Alex Okoh, has reiterated the Bureau’s plan to carry out 19 transactions in 2020.A statement issued...

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