Browsing Category
Business
DisCos lack capacity to meet electricity demands – TCN
POWER Distribution Companies (DisCos) lack the capacity to meet the nation’s electricity needs, Transmission Company of Nigeria…
FirstBank Hosts SME Clinic, Reiterates its Commitment to Building Capacity…
First Bank of Nigeria Limited has reiterated its commitment to driving growth and building the capacity of Small and Medium-sized…
VAT: Stockbrokers Announce Hike in NSE Transaction Charges
Brokerage companies operating in the Nigerian capital market have informed their clients of a slight increase in charges for the…
Alleged N243.9m AMCON debt: Court freezes firm’s account
A Federal High Court in Lagos has frozen all bank accounts belonging to Sprawling Nigeria Ltd and its two directors, pending the…
Oil Prices Sink as Coronavirus Worsens Market Expectations
Major oil futures prices went back to the dungeon on Thursday as spread of the coronavirus continue to impact negatively on the…
Senate confirms Kingsley Obiora as CBN Deputy Governor
The Senate on Thursday at Plenary confirmed the nomination of Dr Kingsley Obiora as Deputy Governor of the Central Bank of…
SEC Gives Stockbrokers Deadline to File Liquidity Position
Brokers and dealers in the nation’s capital market have been directed to compute and file their monthly net liquid capital…
Nigeria’s First Deep Seaport Set For Completion 2021
As part of plans to expand seaport operations in Nigeria, the Lekki deep seaport is now halfway near completion. The project is…
Prices of Oil, Foodstuffs Escalate as Border Closure Bites Harder
Nigeria’s inflation rose to 11.98 percent in December 2019, driven by increases recorded in food prices as a result of the border…
OPEC Considers Output Cut Extension Till End of 2020
Nigeria and other members of the Organisation of the Petroleum Exporting Countries (OPEC) are in talks to extend oil production…