Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Top Stories
Lagos Lists N115bn Bond On NGX
The Nigerian Exchange Limited (NGX) has admitted the listing of Lagos State Government (LASG) N115 billion series I, 10-year 15.25% fixed rate bond due 2033 under the N1 trillion debt and hybrid instruments issuance (DAHI) program on the…
National Assembly Gets N27.5trn 2024 Budget Wednesday
The National Assembly will get the 2024 Appropriation on Wednesday of this week following the approval of N27.5 trillion expenditure by the Federal Executive Council (FEC) at its meeting on Monday.
The 2024 budget estimates were jacked…
Cadbury Nigeria Cuts Nine-month Loss To N10bn In Q3Â
Cadbury Nigeria Plc returned to a profit of over N4 billion in the third quarter but it is yet in the red. The profit for the quarter has cut down the company’s net loss of N14.5 billion at the half year to N10 billion at the end of the…
Tinubu Approves Akeredolu’s Removal, Paves Way For Aiyedatiwa As Ondo Acting Governor
After a protracted crisis in the state, President Tinubu, along with other All Progressives Congress (APC) leaders, has agreed to invoke the doctrine of necessity to appoint embattled Deputy Governor Lucky Aiyedatiwa as acting governor.…
FCTA Reduces C of O Cost to N3.5m, Launches Mass Transit December
The Federal Capital Territory Administration has reduced the cost of Certificates of Occupancy to N3.5 million, slashing off N1.5 million from the proposed cost of N5 million.
FCT Minister, Barrister Ezenwo Nyesom Wike disclosed this…
We Will Refocus CBN, Stop Quasi-Fiscal Activities That Plundered N10trn
The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso said he will refocus the apex bank and discontinue the direct quasi-fiscal interventionist activities through which the bank plundered N10 trillion over the years.
Cardoso…
Zenith Bank Gallops Over Rising Costs With N378bn Forex Gain
A foreign exchange revaluation gain of over N378 billion enabled Zenith Bank Plc to gallop over the impact of two major rising costs on earnings and lift its bottom line about one and a half times at the end of the third quarter.
The…
FIRS Widens Tax Net, Gives Foreign Crude Oil Shippers Dec 31 To Reconcile Tax Records
The Federal Inland Revenue Service (FIRS) has issued a December 31 deadline for foreign shipping companies that lift crude oil from Nigeria to reconcile their tax records in new measures to widen the tax-payers list and increase accruals.…
Q3 Loss Slashes Unilever’s Profit To N1.7bnÂ
A net loss of over N1 billion in the third quarter has slashed Unilever Nigeria’s closing profit from N2.7 billion at the half-year to less than N1.7 billion at the end of the third quarter.
Operating results worsened for the second…
National Assembly May Pass MTEF TodayÂ
The two chambers of the National Assembly may pass the harmonised Medium Term Expenditure Framework (MTEF) today after its scrutiny and approval by the relevant committees.
MTEF is the framework on which fiscal policy rests and its…