Lagos State Assembly has passed a bill prohibiting open cattle grazing in the state. The lawmakers also passed the State’s Value Added Tax (VAT) bill. Speaker,...
The Federal Capital Development Authority (FCDA), in Nigeria’s capital city Abuja, has threatened to seal off all Globacom Nigeria Limited offices in the nation’s capital over...
Equities have been ranked as the best investment asset class to hedge against inflation from August 2020 to August 2021. The Financial Derivatives Company (FDC) disclosed...
The African Development Bank Group, the International Fund for Agricultural Development (IFAD) and the Islamic Development Bank (IsDB) will be mobilizing $520 million to co-finance the...
The Nigeria Labour Congress (NLC) has threatened to embark on a nationwide industrial action if an increment in electricity tariff is implemented. The notice addressed to...
The Central Bank of Nigeria (CBN) has mandated all banks to name and shame defaulters of its foreign exchange policy by publishing their names and Bank...
Participants of a G-20 Compact with Africa meeting have reaffirmed commitment to securing Africa’s recovery from the COVID-19 pandemic through private sector development and vaccine manufacturing....
The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central Bank of Nigeria (CBN). The data...
Investors in the Nigerian Exchange (NGX) lost N5 million following market capitalization dipped by that amount after gaining N13 billion the previous day. The All-Share Index...
MTN Nigeria, the country’s largest telecom company by revenue and customer base, says it will invest the sum of N600 billion to expand its network infrastructure...
