Finance & Economy
-
Federal, State, Local Gov’ts Share N1.354trn Revenue For July
A total of N1.354 trillion in revenue from the June 2024 federation account has been allocated to the federal government,…
Read More » -
NGX lists Wema Bank’s right issue of 8.572 billion shares on its platform
The Nigerian Exchange Limited has admitted Wema Bank Plc’s Rights Issue of 8.572 billion ordinary Shares of 50 Kobo each…
Read More » -
NEITI: Nigeria’s economy threatened by decline in global crude oil demand
The Nigeria Extractive Industries Transparency Initiative (NEITI) says Nigeria is faced with significant threats to its economy over the possibility…
Read More » -
Tinubu’s food importation policy could destroy Nigeria’s agriculture – Akinwunmi Adesina
The President of the African Development Bank Group Dr. Akinwumi Adesina (www.AfDB.org) has said the decision by Nigeria’s government to…
Read More » -
Nigeria’s Headline Inflation Increased to 34.19% YoY in June 2024
Nigeria’s headline inflation in June 2024 increased to 34.19% relative to the May 2024 headline inflation rate of 33.95%, according…
Read More » -
Zenith Bank: As Adaora Umeoji Rallies Capital Market Stakeholders
Zenith Bank Plc, Nigeria’s leading financial institution, gathered capital market operators and investors two days ago to showcase the bank’s…
Read More » -
N27trn Ways and Means still a major challenge – Cardoso
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, yesterday lamented that the country is currently suffering the consequences of…
Read More » -
UK court dismisses P&ID appeal, upholds £43m award in favour of Nigeria
A court of appeal in the United Kingdom (UK) has dismissed the appeal of Process & Industrial Development (P&ID) on…
Read More » -
FIRS Revitalises Tax System, Generates N3.94trn Revenue In Q1
The Federal Inland Revenue Service (FIRS) has stated its commitment in restructuring the tax system that will boost economic growth…
Read More » -
Recapitalization watch :GTCO plans N400bn capital raise;Access Holdings Plc issued a right issue worth N350.96bn
Two tier- one banks, GTCO and Access Holdings Plc, revealed their capital raise plans this week. GTCO announced a…
Read More »