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Economy

FG reconstitutes new board of CAC

The Federal Government on Thursday reconstituted the new board of Corporate Affairs Commission (CAC) and appointed Mr Ademola Seriki as the board Chairman with...

NSE market capitalisation gains N417bn, amid increased positive sentiments

The nation’s bourse on Wednesday extended positive sentiment with the market capitalisation appreciating by N471 billion in a day.Specifically, the market capitalisation which opened...

NIMASA set to honour maritime stakeholders to energise blue economy

Dr Dakuku Peterside, the Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA) says honouring stakeholders in the sector will help energise blue economy in...

Developing economies expected to rise by 4.1% in 2020 –World Bank

The World Bank says due to growth in emerging market, developing economies are expected to accelerate to 4.1 per cent in 2020.The bank made...

USAID Programme: FG pledges enabling environment for more investment

The Federal Government has reaffirmed its commitment to create an enabling environment to attract more investment opportunities into the country.Dr Nasir Sani-Gwarzo, the Permanent...

CBN retains minimum 65% loan deposit ratio

The Central Bank of Nigeria (CBN), says it has retained the minimum 65 per cent of Loan Deposit Ratio (LDR) in the interim.The CBN...

Expert cautions Nigeria against adopting Eco as single currency

Mr Godwin Eohoi, a Financial Expert on Tuesday cautioned Nigeria against joining other Francophone countries to adopt Eco as their single currency.Eohoi gave the...

NCS Tincan Island Port Command generates N346bn in 2019

The Nigeria Customs Service (NCS), Tincan Island Port Command, has generated N346 billion as revenue in 2019.The Customs Area Controller, Comptroller Mba Musa, said...

2020 Budget Implementation: LIRS to generate N500bn

The Lagos State Internal Revenue Service (LIRS) is to generate N500 billion toward the implementation of the 2020 budget, the state Commissioner for Economic...

Electricity Tariff: minor review order has no immediate impact on consumers -NERC

The Nigerian Electricity Regulatory Commission (NERC), says the minor review order released by the Commission on January 3 has no immediate impact on end-user...

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