NAICOM dissociates itself from trending Ponzi scheme, warns Nigerians
The scheme promises to double donations in less than 25 minutes.
NSE market capitalisation extends loss by N12 billion
The All-Share Index, which opened at 32,417.70, lost 35.12 points or 0.11 per cent to close at 32,382.58.
Why airline businesses fail in Nigeria – AMCON chief
Airlines need stiffer regulations to succeed, he said.
CBN liquidates another bank over liquidity problem
“The bank was closed because the shareholders of the bank have been unable to recapitalise it.”
Dangote Cement targets 2019 for listing on London Stock Exchange
The company’s president, Aliko Dangote made this known in London on Monday.
How courts can help AMCON recover N5.4 trillion debts – Onnoghen, Bulkachuwa
“AMCON currently has over 3,000 cases pending at the Federal High Court.”
NSE suspends trading in shares of six Nigerian companies
The NSE also names the six companies and their offence.
Non-performing Loans: Finance Minister wants bank chiefs, directors investigated, prosecuted
“The spate of non-performing loans in the banking industry has become very worrisome.”
NSE market indices dip further by 0.12% amid price losses
The All-Share Index, which opened at 32,423.57 lost 40.42 points to close lower at 32,383.15 amid price losses.
Illicit financial flows include tax evasion, avoidance – FIRS
African governments’ losses from IFFs now stand at $80 billion per annum.
All refineries to be fully functional before 2019 ending – Kachukwu
“It would be sad if by the end of 2019 we are still importing fuel from abroad.”
FIRS recovers N3.63 billion from Illicit Financial Flows
The Service says it uncovered 114 companies that claimed they were not aware of lands allocated to them in Abuja.
NSE: Investors move 151.346 million shares worth N1.51billion
The All-Share Index, which opened at 32,454.03, lost 30.46 basis points to close at 32,423.57.
World Bank forecasts 2.7% growth for sub-Saharan Africa in 2018
The World Bank’s 2018 projection represents a slight increase from 2.3 per cent in 2017.
ANALYSIS: Intrigues involved in new minimum wage for Nigerian workers
Economic experts weigh in on the unending battle over the years to arrive at a living wage for Nigerian workers.
Aiteo Founder, Benedict Peters, Wins Forbes Oil & Gas Leader of the Year Award, 2018
Aiteo says it is currently the highest producing indigenous oil E&P company in Nigeria.
Oil marketers demand payment of N650 billion debt from FG
The marketers say the inability of federal government to pay the debt has resulted in massive job losses in the oil and gas industry.
NSE: Trading close on bearish trend, market indicators drop 0.61%
Nestle led the price losers’ table with a loss of N62.50 to close at N1, 432. 50 per share.