BUSINESS
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NGX: Stock market gains N193trn on enhanced buying interest
Sustained buying interest in the shares of newly listed Transcorp Power on the Nigerian Exchange Ltd. (NGX) and Tier-one banks…
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Manufacturers want Expatriate Employment Levy (EEL) scrapped
Manufacturers Association of Nigeria (MAN) has called for the immediate scrapping of the Expatriate Employment Levy (EEL). This comes as…
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DMO releases March FGN savings bonds offer for subscription
The Debt Management Office (DMO), has announced two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per…
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FG target share of $8.79trn BPO global market for Nigerians
The Federal Government on Monday launched the Outsource to Nigeria Initiative (OTNI) to capture the share of 8.79 trillion dollars…
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Market capitalisation gains N1.86trn as TransPower lists on NGX
The Nigerian Exchange Ltd.(NGX) equity market on Monday opened positively, as gains in newly listed Transcorp Power Plc and 22…
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Transcorp Power lists 7.5bn shares on NGX
Transcorp Power Plc, a subsidiary of Transnational Corporation Plc (Transcorp Group), on Monday listed 7.5 billion ordinary shares at N240…
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Inflation: Marine Equipment Owners introduce new leasing rates
The Marine Equipment Owners and Leasing Association of Nigeria (MEOLAN) has said the exponential hike in the cost of operations…
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Investors oversubscribe CBN’s N1trn OMO bills
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion…
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Tea sellers cry out over drop in patronage as prices skyrocket
Tea makers, popularly known as “Mai shayi”, say their business is witnessing low patronage, especially for Indomie noodles, as the…
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Customs grants 90-day duty-payment window for improperly imported vehicles
Nigeria Customs Service (NCS) says it is granting a 90-day grace period for payment of import duties on improperly imported…
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