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Business and Economy
BOI raises €1bn from international capital market
Toward revitalising Nigeria’s industrial sector and creating 10 million jobs, the Bank of Industry (BOI) says it has raised €1 billion (approximately $1.11billion) from...
Shanghai records rapid growth in cross-border yuan use in 2 months March 20, 2020 3:17
Shanghai has recorded fast growth in the cross-border use of the Chinese yuan in the first two months of 2020, Central Bank data showed.According...
Domestic investors executed transactions worth N165.14bn in January – Uduk
The Securities and Exchange Commission (SEC), on Friday, said that domestic investors executed transactions worth N165.14 billion in the equities market in January.Ms Mary...
NDIC warns public against patronising wonder banks
The National Deposit Insurance Corporation (NDIC) has warned members of the public to stop patronising wonder banks that are offering mouth-watering interest rates.The Managing...
Oil price gains as investors wait to see if coronavirus stimulus works
Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central banks will be in...
Nigerians say reduction of petrol price timely
Some Nigerians on Thursday in Lagos commended the Federal Government for reducing the pump price of Premium Motor Spirit (PMS), otherwise known as petrol,...
Coronavirus: TUC advocates tax holidays to boost economy
The Trade Union Congress (TUC), has called on the Federal Government to grant tax holidays to business owners in the country to enable them...
Oil pares gains as investors wait to see if coronavirus stimulus works
Tokyo, March 19, 2020 Oil prices rose on Thursday but pared early gains as investors tried to assess how effective massive stimulus by central...
COVID-19: FG reduces 2020 budget by N1.5trn, suspends recruitment, reviews Social Investment Programmes
The Federal Executive Council (FEC) on Wednesday approved reduction in the size of the 2020 budget by about N1.5 trillion, as part of measures...
NSE sustains negative outlook, index down by 0.71%
Sell pressure continued on the Nigerian Stock Exchange (NSE) on Tuesday with the indices dropping further by 0.71 per cent , just as Feburary...
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