Category: Local News

21 ViewsThe Executive Secretary, Nigeria Sugar Development Council (NSDC) Mr. Adelabu Adedeji has said the federal government efforts on privatization of sugar companies in the country will boost the value chain in sugar investment,...

15 ViewsStakeholders have urged the federal government to fast-track the take-off of commodities exchanges in the country, saying, they have the potential to boost the nation’s Gross Domestic Product (GDP) by revamping the ailing...

17 ViewsAs Nigeria is projected to raise $3 billion this year meet its infrastructure needs, which is expected to increase its public debts, the situation will force the country’s policy makers to implement structural...

13 ViewsThe Contributory Pension Scheme continued its downward trend as it lost N52bn in February. Figures obtained by our correspondent from the National Pension Commission on its report titled ‘unaudited report on pension funds...

33 ViewsThe Chairman, Association of Securities Dealing Houses of Nigeria (ASHON), Chief Onyenwechukwu Ezeagu, has called for a more integrated capital market in the West African region to take advantage of emerging trading opportunities...

37 ViewsThe Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms and Bureaux de Change to enable it...

30 ViewsThe ‘Naira for Dollar’ policy of the Central Bank of Nigeria (CBN) has led to positive accretion to the foreign reserves exactly one month after takeoff. The foreign reserves, on April 1, stood...

31 ViewsCapital market regulator Securities and Exchange Commission (SEC) yesterday warned willing investors against patronising unregistered online investment and trading platforms, which boast of facilitating access to securities, listed in foreign markets. In a...

26 ViewsThe African Development Bank (AfDB) has said the impact of climate change on the continent could rise to $50 billion each year by 2040, with a further three per cent decline each year...

26 ViewsThe Minister of Agriculture and Rural Development, Sabo Nanono, on Wednesday in Benin disclosed that Nigeria generated $150m from the export of coconut oil and its derivatives in 2020. Speaking through his representative,...

20 ViewsThe Infrastructure Concession Regulatory Commission (ICRC) says the proposed Jabi Lake Tourism and Recreation Development project will generate N123 billion over a 30-year period. ICRC Acting Director-General, Mr Micheal Ohiani, spoke yesterday in...

41 ViewsNigerian Breweries (NB) Plc has assured its shareholders that it would perform better as well as continue to drive optimization and growth in the next financial year. This is even as the company, yesterday,...

30 ViewsThe Securities and Exchange Commission (SEC) as well as the National Council of the Nigerian Stock Exchange (NSE) has approved the appointments of Oscar Onyema, others to head its non-operating Holding Company and operating...

23 ViewsThe International Monetary Fund (IMF) has praised Nigeria’s 2021 growth projection to 2.5 per cent. The new projection is 1.5 per cent point higher than January’s estimate. It is also much higher than...

17 ViewsThe Comptroller-General of the Nigeria Customs Service (NCS), Strike Force Unit, said it raised debit notes worth N1 billion from importers and shippers in the first quarter of the year. The service also...

25 ViewsFMDQ Securities Exchange Limited yesterday said that the implementation of its derivatives market development project was nearing completion to enable investors transact exchange traded derivatives. The exchange disclosed this to capital market correspondents...