The Federation Accounts Allocation Committee (FAAC) has finally resolved to share funds to the three tiers of government . The FAAC committee had a slight…
View More FAAC ends crisis, Shares N647bn to FG, states, LGsCategory: Business
Rice Firm raid by CPC : Company threatens legal action
Lovina Anthony, Uyo Following the raid of rice depot, City Rice in Uyo Akwa Ibom recently by the officers of Consumer Protection Council CPC due to substandard…
View More Rice Firm raid by CPC : Company threatens legal actionTrade and investment gathering: I am not going to America — Atiku
Former Vice President Atiku Abubakar has debunked media reports that he will be in the United States later this month. Reports over the weekend revealed…
View More Trade and investment gathering: I am not going to America — AtikuTanzania increases duty on import
In its resolve to protect local industries, Tanzania has increased duty on almost three quarters of the imported goods. Kenya had also announced similar measures,…
View More Tanzania increases duty on importIMF’s Lagarde to Trump: No winner in trade war
The International Monetary Fund’s Managing Director Christine Lagarde said on Wednesday that nobody wins in a trade war and that the macro-economic impact of U.S.…
View More IMF’s Lagarde to Trump: No winner in trade warCryptocurrencies have failed as money: Mark Carney BoE boss
Cryptocurrencies are failing as a form of money and have shown classic signs of being a financial bubble, requiring regulators to protect consumers and stop…
View More Cryptocurrencies have failed as money: Mark Carney BoE bossThailand accuses Nigeria of making its citizens jobless
Thailand has accused Nigeria of being responsible for the collapse of its seven rice mills following the drastic fall in rice importation from the country.…
View More Thailand accuses Nigeria of making its citizens joblessStay out off bitcoins, crypt occurrences – NDIC warns Nigerians
Nigerians have been warned to avoid trading with bitcoin and cryptocurrencies. This warning was made by Nigeria Deposit Insurance Corporation, NDIC. It said that there…
View More Stay out off bitcoins, crypt occurrences – NDIC warns NigeriansDangote to build sugar plants in 6 states
Nigeria’s Dangote Group has signed a deal to commence the building of integrated sugar plants in six states in Nigeria. The Chairman of the group,…
View More Dangote to build sugar plants in 6 statesReal owners of oil blocs revealed by Gov. Dickson
Henry Seriake Dickson, Governor of Bayelsa State, says on Saturday that more oil blocs be allocated to oil-producing areas. The was speaking during the foundation…
View More Real owners of oil blocs revealed by Gov. DicksonJICA gives $700m loan to AfDB
The Japan International Cooperation Agency (JICA) has signed a $700.9 million loan agreement with the African Development Fund (ADF). The loan is designed to provide…
View More JICA gives $700m loan to AfDBOLX officially Shut Down Outlets In Nigeria
This is sad news for the online market scene in Nigeria. One of the top online marketplace in the world OLX has officially shut down…
View More OLX officially Shut Down Outlets In Nigeria‘$89b lost to underuse of EU free trade pacts’
Another report by the United Nations Conference on Trade and Development (UNCTAD), and the National Board of Trade Sweden has uncovered that the maximum capacity…
View More ‘$89b lost to underuse of EU free trade pacts’$210m injected into foreign exchange market by CBN
Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure availability and meet customers’ requests in various…
View More $210m injected into foreign exchange market by CBNNigerian Customs barred from seizing rice in markets
The Federal Government has asked the Nigerian Customs Service (NCS) to quit raiding markets to seize imported rice. Minister of Finance, Mrs Kemi Adeosun, made…
View More Nigerian Customs barred from seizing rice in marketsDismiss Gwarzo’s, asks him to refund N104m severance package- Panel recommends
A panel set up by minister of finance, Kemi Adeosun, to probe the allegations of corruption levelled against Mounir Gwarzo, suspended director-general of the Securities…
View More Dismiss Gwarzo’s, asks him to refund N104m severance package- Panel recommendsNigeria’s stocks among world’s best-performers
Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the good performance was as a…
View More Nigeria’s stocks among world’s best-performersOil prices getting higher, hit $80
Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as…
View More Oil prices getting higher, hit $80‘FIRS generated N4 trillion taxes in 2017’
The Federal Inland Revenue Service (FIRS) collected record N4 trillion taxes last year, representing 82.38 per cent of government set target of N4.89 trillion. The…
View More ‘FIRS generated N4 trillion taxes in 2017’Paternity leave for Access bank male staff
Access Bank Plc., has urged male employees of the bank to take advantage of its parental leave policy that extends paid benefits to all mothers…
View More Paternity leave for Access bank male staffVolatile stock price predicted
Mr Ambrose Omordion, a capital market analyst, on Monday predicted that the Nigerian Stock Exchange (NSE) would likely experience price volatility this week due to…
View More Volatile stock price predictedBitcoin, others in focus
In spite of its dizzying rise, Bitcoin is not the most lucrative cryptocurrency in a universe that counts 1,400 rivals. According to AFP, bitcoin is…
View More Bitcoin, others in focus9mobile sale in jeopardy over new court order
Hopes that the sale of 9mobile, Nigeria’s fourth largest operator, would be concluded soon have become shaky following a court order on Friday. The federal…
View More 9mobile sale in jeopardy over new court orderDollar bulls back in action as Gold dips
The dollar jumped to a fresh weekly high against a basket of major currencies on Tuesday amid market optimism over the US federal reserve raising interest rates…
View More Dollar bulls back in action as Gold dips