archiveMarch 2018

  The Nigerian Stock Exchange has commemorated the 2018 Global Money Week themed, Money Matters Matter, between Monday, March 12, 2018 and Friday, March 16, 2018, with a series of educational programs aimed at teaching children and youths about the importance of financial literacy. The week-long event, organized in collaboration...

A recent report on the Nigerian Mobile Sector by Africa’s leading e-commerce company Jumia, has revealed an 11 per cent increase in the number of Nigerians who visited the Jumia Website via their mobile phones – 79 per cent in 2017 versus 71 per cent while those who used their...

  …Finance Ministry not signatory to the PPAs The Honourable Minister of Finance, Mrs. Kemi Adeosun, has rubbished media reports on the purported cancellation of the Power Purchase Agreements (PPAs) signed by the Federal Government with Project Developers in the power sector. The Minister states that the Federal Government has...

  Despite the sectoral challenges, the Buhari administration will complete major projects that will improve the power sector in the country and also implement a plan that will provide solar energy in a number of universities in the country, Vice President Yemi Osinbajo, SAN, has said. Prof. Osinbajo stated this...

  Nigeria’s central bank will delay its next interest rate-setting meeting after a political spat over nominations for its Monetary Policy Committee (MPC), the governor said on Thursday. Governor Godwin Emefiele told CNBC the meeting scheduled for March 19-20 would be delayed by about seven to 10 days, or at...

  Lagos State Government on Thursday announced new rates payable by property owners under the Lagos State Land Use Charge (LUC) Law, with a major reduction in the rates and as well waived the penalty for late payments across board. The State’s Commissioner for Finance, Mr Akinyemi Ashade, who disclosed...

  Key performance indicators on the Nigerian Stock Exchange (NSE) closed on Tuesday with a marginal growth of 0.04 per cent. The market capitalisation increased by N6 billion or 0.04 per cent to close at N15.408 trillion compared with the N15.402 trillion recorded on Monday while the All-Share Index, which...

  The West African Examination Council (WAEC) has announced the results of the first series of the new diet of the West African Senior School Certificate Examination for Private Candidates in Nigeria with about 83 per cent of the candidates. The Head of the Nigeria Office, Mr. Isaac Adenipekun, who...

  The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday called for more technical and institutional support from the Africa Regional Technical Assistance Center West 2 (AFRITAC West 2) for West African countries. Adeosun made the call while declaring open the sixth Steering Committee meeting of the IMF –AFRITAC West...

  —-Launches Focus Lab for ERGP —Our target is to mobilize $25bn in private investment—-Udoma President Muhammadu Buhari on Tuesday said that his administration was working hard to attain the target of moving Nigeria up in the World Bank’s Ease of Doing Business rankings by 2020. He stated this at...