SEC, NSE streamline processes to boost market listing
The streamlined process which would come into effect on June 1.
NSE transactions maintain positive outlook, indices up by 1.07 per cent
The market capitalisation grew by N146 billion to close at N13.864 trillion compared with N13.718 trillion achieved on Wednesday.
Investment in Nigeria’s telecom industry stands at $70bn – NCC
The official says the figures were very impressive “and indicative of a very fast-growing and resilient sector of the economy.”
FG allots N532.65 million to 515 subscribers in May savings bond
The bonds have a tenure of between two and three years and a minimum size of investment of N5, 000 and maximum of N50 million.
Prices of selected food stuff increased in April — NBS
The average price of one dozen of medium sized agric egg increased from N459.81 in March to N467.18 in April.
Excess Oil Revenue: CBN warns govt against ‘spending spree’
The CBN also wants the government to save for the rainy day.
NNPC remits N1.26 trillion to Federation Account in 2018
The NNPC said in a statement on Tuesday that it remitted N1.26 trillion as against the N1.22 trillion projected in the 2018 budget.
Why we don’t keep our monies in banks – Unbanked Nigerians
Some Nigerians explain why they would rather keep their cash than lodge it in the bank.
NSE All-Share Index returns to 30,000 mark, amid MTN Nigeria gains
The market capitalisation which opened at N12. 938 trillion inched N367 billion to close at N13.305 trillion.
Alleged N7bn Excess Charges: Unity Bank responds to presidential panel’s allegations
The bank says the allegations are “ill-motivated”, adding that it has transferred all balances belonging to the MDAs to their TSA accounts
NSE clarifies concerns on MTN Nigeria’s Premium Board listing
MTN Nigeria was on Thursday admitted to the premium board of the Nigerian Stock Exchange.
Naira sells at N360.72 to dollar at investors’ window
The naira closed at N306.9 to the dollar at the official CBN window.
Cisco to train one million students in Africa on digital skills
Cisco says it intends to support the creation of Digital Learning Hubs in public libraries, accessible by the local population.
DISCOs need N3.07 trillion in 5 years to boost electricity supply in Nigeria – Report
DISCOs report a revenue shortfall of over $3billion.
Nigeria’s GDP growth slows as oil sector contracts
The Real GDP growth in the oil sector shrank by -2.40 per cent (year-on-year) in Q1 2019.
Oil prices rise after OPEC agrees to keep output cuts
U.S. President Donald Trump threatened Tehran on Sunday, tweeting that a conflict would be the “official end” of Iran.
MTN to borrow N200 billion from seven Nigerian banks
MTN Nigeria’s total outstanding loans at December 2018 stood at N175.3 billion.
FIRS to impose VAT on online transactions, says Fowler
FIRS says it hopes to generate between N750 billion and N1 trillion from the clampdown on those who failed to embrace the government’s amnesty.
Active subscribers increase by 43,807 in March — NCC
Active GSM users rose to N173.7 million