Category Archives: Business & Finance Updates

Emefiele to unveil 5-Yr plan as CBN plans movie, music academies

Emefiele to unveil 5-Yr plan as CBN plans movie, music academies

As the governor of the Central Bank of Nigeria (CBN) is set to unveil his five – year plan today, the director, Corporate Communications of

NNPC pledges support for local companies

NNPC pledges support for local companies

The Nigerian National Petroleum Corporation (NNPC) has promised that it would continue to support local companies, within the entire hydrocarbon value-chain, for the growth of

Dangote cement to open export facilities

Dangote cement to open export facilities

As part of moves to boost foreign exchange and capacity production, Dangote Cement will open export facilities in Lagos and Port Harcourt this year. The

Ecobank wins award

Ecobank wins award

Ecobank said recently won the Most Admired Financial Services Brand in Africa. Brand Africa which released the top 100 brands in Africa recently, also listed

Airtel Nigeria’s IPO exclusively for high net worth investors

Airtel Nigeria’s IPO exclusively for high net worth investors

Shareholders urges transparency, task other multinationals Bharti Airtel, the second largest telecommunications in Africa, is planning to sell its Nigerian unit’s shares exclusively to high net

FG targets 2024 for provision of identification for all Nigerians

FG targets 2024 for provision of identification for all Nigerians

The federal government has declared its determination to provide a lifelong unique identification for every individual residing in Nigeria and Nigerians in the diaspora before

Expand tax net, not VAT, to increase IGR, NECA tells governments

Expand tax net, not VAT, to increase IGR, NECA tells governments

The Nigeria Employers Consultative Association (NECA) has called on state governments to engage in an aggressive taxpayer enlightenment as well as expansion of their tax

FCMB prepares customers for tax compliance

FCMB prepares customers for tax compliance

First City Monument Bank (FCMB) will on June 26, 2019, in Lagos, host a seminar on tax matters, in line with its commitment to deepen the

Equities dip By 0.02% despite improved market breadth

Equities dip By 0.02% despite improved market breadth

The Nigerian equities market yesterday declined marginally by 0.02 per cent, as market breadth closed positive, with 25 gainers. The All – Share – Index

Stock market index plunges further by 0.02% amid persistent lull

Stock market index plunges further by 0.02% amid persistent lull

Continuous price depreciation in the shares of most blue chip companies, yesterday, dragged the Nigerian Stock Exchange (NSE) All Share Index (ASI) by 0.02 per

Interest rate cut and implications for the economy

Interest rate cut and implications for the economy

The Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN) met on the 25th and 26th March 2019, against the backup of developments

Forte Oil gets new CEO, CFO after Otedola’s share sale

Forte Oil gets new CEO, CFO after Otedola’s share sale

Forte Oil Plc has appointed new Chief Executive Officer and Chief Financial Officer following the completion of the sale of Mr Femi Otedola’s shares in