BUSINESS
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Foreign investment into Nigeria rises by 34% to $8.5 billion in first quarter
The National Bureau of Statistics (NBS) has revealed that the total Foreign Investment into the country rose by 34.6 percent…
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Nigeria attracts $48.4 billion out of Africa’s $194 billion oil and gas investments
Nigeria’s oil and gas sector is expected to attract $48.4 billion (about N17.29 trillion) out of the industry’s $194 billion…
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CBN New Circular could force banks to lend to nearly everyone.
The Central Bank of Nigeria (CBN) has issued a circular mandating commercial banks operating in the country to lend out…
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NSE Suspends Trading in Shares of 11 Listed Companies
The Nigerian Stock Exchange (NSE) yesterday suspended trading on 11 companies for failing to adhere to best corporate governance and…
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Nigeria Owns 2.2 percent of World Oil Reserves says Maikanti Baru
The former Group Managing Director, Nigeria National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Tuesday, said that Nigeria holds about…
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Kayode Falomo Emerges President of Nigerian –British Chamber of Commerce (NBCC)
The Group Managing Director of Greenwich Trust Limited, Mr. Kayode Falowo has been installed as the 16th President of the…
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Nigeria’s Capital Importation Hits $8.4 Billion In Q1’19 – NBS
The total value of capital importation into Nigeria in the first quarter of 2019 was estimated at $8.48 billion. According…
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Insurance Sector’s Premium Rises To N400bn
The Nigerian insurance sector’s premium rose by 10 per cent to N400bn in the 2018 financial period, according to the…
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NIA Chairman, Tope Smart becomes Vice President at AIO
Tope Smart, the Chairman of Nigerian Insurers Association (NIA), has been appointed as the Vice President of the African Insurance Organisation (AIO). The announcement…
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FG, States, LGs Share N679.699 May Allocation
The Federation Account Allocation Committee (FAAC), at its joint session in Kano, Thursday shared a total of N679.699 billion among…
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