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Business
GenCos Lose N1.9bn in One Day to Gas Shortage, Others
Electricity Generation Companies (GenCos), which make use of both gas-fired and hydro-stations, have lamented that couldn’t…
Zenith Bank Declares N2.50 Dividend for FY 2019
Tier-one Nigerian lender, Zenith Bank Plc, has announced a dividend of N2.50 per share for its shareholders for the year ended…
CSL Stockbrokers Appointed as New Stockbroker to FG
CSL Stockbrokers Limited, a subsidiary of FCMB Group Plc, has emerged as the new…
World Bank approves $2.2b loans for Nigeria; Ogun, others beneficiaries
The World Bank has approved $2.2billion loans for six projects to support Nigeria’s development priorities.
The bank said on…
Crude Oil Trades at Nigeria’s 2020 Budget Benchmark, $57/Barrel
The Brent crude futures continued to trade around the $57 mark on Tuesday, giving Nigeria a hope of being able to get something…
Alleged $500m bribe: Nigerian oil mogul Aliyu Abubakar faces trial in Italy
An Italian judge has ordered a Nigerian businessman, Alhaji Aliyu Abubakar to stand trial for alleged international corruption…
Border closure: Customs now rakes in N6b daily – CG
Nigeria now rakes in between N5 billion and N6 billion daily from imports since the closure of its land borders with neighbouring…
Nigeria loses $750m to oil theft in 2019 – NNPC
The Nigerian National Petroleum Corporation (NNPC) has disclosed that the nation lost about $750 million to oil theft in 2019.
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N8.5trn target: FIRS orders deduction of stamp duty, CIT, others from…
There is no more hiding place for government contractors in the payment of Stamp Duty, Withholding Tax and Company Income Tax…
FG speaks on diversion of flights in Lagos
The Federal Government has explained why international flights were being diverted from Murtala Muhammed International Airport…