World Bank cuts Sub-Saharan Africa growth forecast to 2.8%
Nigeria, South Africa and Angola, which make up about 60 per cent of sub-Saharan Africa’s annual economic output, were all facing various challenges.
Nigeria’s generated electricity drops to 3,522 megawatts
Electricity released, comprising gas-fired and hydro stations, was down by 657.07 megawatts from the figure released on Saturday.
Oil climbs to 5-month high amid OPEC cuts, U.S. sanctions, Libya fighting
Despite the host of price drivers, there remain factors that could bring oil down later this year.
Nigeria seals N186 million deal with Islamic Development Bank
The official says the grants would be used to address capacity building/equipment and logistics upgrade in the Hajj Commission.
NSE market capitalisation increases by N24 billion
Market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent.
ALSCON Crisis: BFIG begins contempt proceedings against BPE, DG
BPE DG risks imprisonment for continued defiance of Supreme Court order
Bankers’ committee supports export businesses with N200 billion
The committees says it will focus on commodities like palm oil, cocoa, sesame seeds, sheet and cashew.
Bearish trend persists on NSE, indices down by 0.39 per cent
The market capitalisation which opened at N11.143 trillion shed N43 billion to close at N11.100 trillion.
Nigeria’s foreign exchange restrictions stalling investments — IMF
The IMF says a more flexible exchange rate regime would support inflation targeting.
How FIRS plans to realise its revenue target — Fowler
FIRS hopes to recover about N750bn from about 55,000 defaulting millionaire taxpayers.
Why Nigerian, West African economies continue to perform poorly — AfDB
Nigeria’s economic recovery from recession will have positive spillovers for West African region’s growth
Buhari rejects Ajaokuta Steel bill, seven other legislations
The president explains why he rejected the bills.
Profit taking: NSE on Tuesday maintains negative outlook
The market capitalisation dipped N112 billion to close at N11.353 trillion against N11.465 trillion recorded on Monday.
Sterling Bank declares N152.2 billion gross earnings
The gross earnings are higher by 14.09 per cent when compared with N133.4 billion declared for the corresponding period of 2017.
British Airways, Air France seek extension on new Abuja terminal use
Of the 13 international airlines operating in Abuja, eight have moved into the new terminal.
ALSCON: BFIG writes BPE, threatens contempt proceedings against agency, DG
We have not ‘seen’ your letter, BPE replies BFIG.
FIRS in N2bn lawsuit over alleged illegal shutdown of company
The managing director of Mutunci Company Nig. Ltd. says he was asked to pay taxes on monies he never earned.
Emir Sanusi, Dangote, others present as Access Bank unveils new logo
Access Bank has acquired Diamond Bank in a merger deal.