Can illegal refineries ‘solve’ Nigeria’s billion dollar subsidy crises?
Can illegal refineries ‘solve’ Nigeria’s billion dollar subsidy crises? Since the discovery of oil in commercial quantity in 1956, Nigeria has been enmeshed in an […]
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NGX gains N302 billion as IMG, Champion lead gainers to sustain bullish rally
NGX gains N302 billion as IMG, Champion lead gainers to sustain bullish rally The equities market closed yesterday on a positive note as Industrial and […]
FBNHoldings delivers a stelar performance of 99% growth in FY 2021, declares N166.7 billion Profit Before Tax
FBNHoldings delivers a stelar performance of 99% growth in FY 2021, declares N166.7 billion Profit Before Tax FBN Holdings Plc. (“FBNH” or “FBNHoldings” or the […]
Energy giant Glencore pleads guilty to bribing NNPC officials $52 million; agrees to pay $1.1 billion fine to U.S. Govt
Energy giant Glencore pleads guilty to bribing NNPC officials $52 million; agrees to pay $1.1 billion fine to U.S. Govt Glencore Entered Guilty Pleas to […]
CBN’s N143 billion treasury bills auction records 47% oversubscription
CBN’s N143 billion treasury bills auction records 47% oversubscription The Central Bank of Nigeria’s (CBN) Treasury Bills for a 1-year tenor worth N143.88 billion, which […]
Sim Fubara, Rivers accountant-general declared wanted for N345 billion fraud, emerges PDP candidate
Sim Fubara, Rivers accountant-general declared wanted for N345 billion fraud, emerges PDP candidate Siminialayi Fubara, a former Accountant-General of Rivers state has won the Peoples […]
Airtel, UACN support gains as NGX market cap grows by over N345 billion
Airtel, UACN support gains as NGX market cap grows by over N345 billion The NGX closed on a positive note amidst sell-offs and buy-interests as […]
JAMB moves to stop fake A level certificate for admission, remits N27 billion to FG
JAMB moves to stop fake A level certificate for admission, remits N27 billion to FG The Joint Admission and Matriculation Board (JAMB) has taken major […]
Anambra to source N68 billion for execution of major projects from capital market
Anambra to source N68 billion for execution of major projects from capital market Anambra state government says N68 billion of the total estimated N170 billion […]
El-Rufai releases N3 billion for payment of workers’ gratuities, death penalties
El-Rufai releases N3 billion for payment of workers’ gratuities, death penalties The Governor of Kaduna, Nasir El-Rufai, has approved the payment of gratuity and death […]
EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion
EFCC re-arraigns Dasuki, Yuguda, others over alledged misappropriation of N23.3 billion The Economic and Financial Crime Commission (EFCC) has re-arraigned former National Security Adviser, Sambo […]
The SWOOTs capitalization declines w-o-w by N23 billion
The SWOOTs capitalization declines w-o-w by N23 billion The combined market capitalization of stocks worth over one trillion (SWOOTs) depreciated by 0.12% to close at […]
Zamfara budgets N17.1 billion for COVID-19 recovery programme
Zamfara budgets N17.1 billion for COVID-19 recovery programme Zamfara State Government has budgeted N17.1 billion for COVID-19 action recovery and economic stimulus tagged, “Matawalle Vision […]
Alleged N47 Billion Fraud: EFCC releases Nsima Ekere after four days
Alleged N47 Billion Fraud: EFCC releases Nsima Ekere after four days Nsima Ekere, a former Niger Delta Development Commission chief, has been freed on bail […]
Accountant-General Ahmed Idris’ N80 billion “blasphemy” against ASUU and Nigeria
Accountant-General Ahmed Idris’ N80 billion “blasphemy” against ASUU and Nigeria I am intentionally appropriating, and extending the semantic boundaries of, the term “blasphemy” for this […]
Elon Musk: World’s richest billionaire loses $69 billion within 5 months as Tesla stock tumbles
Elon Musk: World’s richest billionaire loses $69 billion within 5 months as Tesla stock tumbles Elon Musk’s wealth – and Tesla’s stock – took a […]
Market capitalisation dips by N159 billion
Market capitalisation dips by N159 billion Trading on the nation’s bourse closed on a downward trend on Friday, with market capitalisation dropping by N159 billion […]
The NGX closes the week bearish, dips by over N150 billion in market cap
The NGX closes the week bearish, dips by over N150 billion in market cap The NGX closed on a negative note amidst sell-offs and buy-interests […]
AfDB approves $1.5 billion “emergency response” to address “potential” food crisis in Africa
AfDB approves $1.5 billion “emergency response” to address “potential” food crisis in Africa The African Development Bank has approved a $1.5 billion emergency food production […]
Tether Q1 2022 report shows a $4 billion decrease in commercial paper holdings
Tether Q1 2022 report shows a $4 billion decrease in commercial paper holdings Tether, the issuer of the world’s largest stablecoin by market capitalization, USDT, […]
BoI disbursed N213.63 billion to over 30,000 Nigerian enterprises in 2021
BoI disbursed N213.63 billion to over 30,000 Nigerian enterprises in 2021 The Bank of Industry has disclosed that it disbursed a total of N213.63 billion […]
Tether loses nearly $10 billion in market capitalization in May
Tether loses nearly $10 billion in market capitalization in May Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month by […]
Bullish stance on the local bourse drives daily gains up by N298 billion
Bullish stance on the local bourse drives daily gains up by N298 billion The NGX closed on a positive note amidst sell-offs and buy-interests as […]
Seplat $1.28 billion acquisition of Mobil oil assets suffer major setback as FG declines approval
Seplat $1.28 billion acquisition of Mobil oil assets suffer major setback as FG declines approval The Federal Government has refused to give its consent to […]
Profit-taking continues on the local bourse as market cap dips by N19 billion
Profit-taking continues on the local bourse as market cap dips by N19 billion The NGX closed on a negative note amidst sell-offs and buy-interests as […]