Enugu Govt directs Coal Mining Firm to pay N1bn for alleged tax non remittances
The Enugu State Government has directed a coal mining firm, Milhouse Energy Services Limited, located in the state to pay...
Business
eNaira: No cause for alarm – CBN
The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no threat to financial stability....
Naira loses, trades at N756.21 to dollar at investors, exporters’ window
The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window. The...
Companies inaugurate 100MW solar panel assembly factory in Lagos
All On, a Shell-funded impact investment company, and Auxano Solar Nigeria Ltd., have inaugurated a fully automated 100MW solar photovoltaic...
Nigeria’s annual upstream CAPEX plummets to $6bn- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure has decreased from 27 billion...
Enugu Govt attracts N26b investment through transport, says Commissioner
The Enugu State Commissioner for Transport, Obi Ozor, has said the state attracted investment worth ₦26 billion from foreign and...
39th Omolayole Lecture: NIM seeks measures out of FX challenges
The Nigerian Institute of Management Chartered (NIM) says a more holistic and proactive approach is critical to addressing Nigeria’s foreign...
Nigeria postal service yields N3.01bn in 2022
The total revenue generated from postal activities in 2022 dropped from N3.63 billion in 2021 to N3.01 billion in 2022,...
FG earned N193.59bn from solid minerals in 2021 – NEITI
The Federal Government generated N193.59 billion from the solid minerals sector in 2021. The sector also contributed N814.59 billion between...
eNaira adoption: Experts champion new policies for mass sensitisation
in separate interviews that a lot needed to be done to encourage the financially-excluded to adopt the eNaira, which was...
Moniepoint announces N10m incentivising tool to deepen financial inclusion
Moniepoint Microfinance Bank on Thursday announced a N10 million grand prize incentive tool and a weekly N2000 win for its...
Stocks: Investors earn N510bn as market hits 15-year high
The Nigerian capital market on Tuesday gaind by N510 billion, closing at N39.69 trillion from N36.21 trillion recorded on Monday....
Mbah woos investors with economic opportunities
Governor of Enugu State, Dr Peter Mbah, has urged local and international investment community to explore investment opportunities in Enugu...
Unclaimed dividends in capital market hits N190bn — SEC
The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at...
Naira gains 0.22 per cent at investors, exporters window
The naira appreciated against the dollar on Thursday as it exchanged at N771.69 at the Investors and Exporters window. The...
Nigeria records $2.5bn non-oil exports revenue in 6 months – NEPC
The Nigerian Export Promotion Council (NEPC) says the country generated 2.5 billion dollars from January to June from non-oil exports....
Nigeria’s inflation rate hits 24.08% in July – NBS
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The...
CBN to take steps to save forex market
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the...
Dollar index decreases by 1.6% in July – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has said the U.S. dollar index decreased by 1.6 per cent month-on-month...
DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office, on behalf of the Federal Government of Nigeria (FGN), has offered for subscription four FGN bonds for...
