archiveSeptember 2019

  Rep. Nicholas Ossai (ODP-Delta) Chairman, House of Representatives Committee investigating abandoned projects in the Niger Delta, says that the Governor of the Central Bank of Nigeria (CBN) Godwin Emiefele, will appear before the committee on Thursday, Sept. 19. In an interview with journalists in Abuja, Ossai said that the...

The Nigerian equities market recorded its first gain of the week, as the benchmark index widened by 1.00 per cent to 27,681.61 points, following investors’ interest in GUARANTY and ZENITHBANK. As a result, the month-to-date return was up +0.57 per cent while the year-to-date losses moderated to 11.93 per cent....

Some banks customers have expressed disappointment on the directive of the Central Bank of Nigeria (CBN) to Deposit Money Banks (DMBs) on new charges on certain lodgements and withdrawals. A cross section of customers who spoke to News Agency of Nigeria (NAN) in Abuja on Wednesday described the policy as...

  South Africa’s headline consumer inflation quickened to 4.3 per cent year-on-year in August from 4.0 per cent in July, data from Statistics South Africa showed on Wednesday. On a month-on-month basis, inflation rose 0.3 per cent, after rising 0.4per cent in the previous month. Core inflation – which excludes...

  Dr Babatunde Fowler, Chairman Federal Inland Revenue Service (FIRS), says  taxation remains the country’s lifeline for economic development. Fowler made this known on Tuesday night in Abuja, at the investiture of Hajia Kudirat Abdul-Hamid, as the 3rd National Chairperson of Society of Women in Taxation (SWIT). Fowler was represented...

  Qatar Airways reported a loss of 2.3 billion Qatari riyals or 639 million dollars on Wednesday for the year ended March 31, as it grappled with a second year of an embargo by neighbours that has restricted its air routes and driven costs higher. The results mark a steeper...

  Temitope Adelakun, the convener of the forthcoming Ibadan Business Fest, on Wednesday said that the initiative was to create a platform for operators of small and medium scale enterprises to rub minds and broaden their horizon. Adelakun told the News Agency of Nigeria (NAN) in Ibadan that the forum...

The Nigerian Electricity Regulatory Commission (NERC) says it receives a total 72 health safety reports from 29 licensees during the 1st quarter of 2019. The information is contained in the First Quarter Report obtained from the website of NERC, the regulator of the industry, by News Agency of Nigeria (NAN)...

The ‎Emir of Kano, Muhammadu Sanusi II, ‎has commended President Muhammadu Buhari for constituting an Economic Advisory Council (EAC) comprising first-rate ‎professionals and academics. Sanusi gave the commendation on Wednesday in Kano while briefing journalists at his Palace. The emir, ‎who described the new council as “first class”, said the...

  The co-convener of the Coalition for Revolution (CORE), Olaseni Ajayi, has said that citizens’ right to freedom of speech and protest are no longer guaranteed in Nigeria. Ajayi while lamenting the detention of Omoyele Sowore, Agba Jalingo, Abayomi Olawale, among others, said personnel of the Lagos State Police Command...