Says funds released to all MDAs for capital in 2023 Four months into the 2024 fiscal year, the federal government is yet to begin implementation of the capital component of the 2024 national budget which has many implications on the nation’s econo ...
The Central Bank of Nigeria (CBN) has raised the exchange rate for paying Customs duties at the nation’s seaports by 11.1 percent in response to the crash in the value of naira against the dollar in the foreign exchange market. Apex bank raise ...
The Nigeria Deposit Insurance Corporation (NDIC) has reiterated its commitment to a culture of zero tolerance for corruption, which is further strengthened by its core values of teamwork, respect, fairness, integrity, professionalism, and passion. ...
The minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, has insisted that over $500 million of the industry’s funds in equity investments in private establishments and in loans by the Nigerian Content Development Monitoring Board, NCDMB ...
The capital market operators in Nigeria have commended President Bola Tinubu for the appointment of Dr Emomotimi Agama as the director-general designate for the Securities and Exchange Commission (SEC). They gave the commendation in separate i ...
The African Private Capital Association (AVCA), called for increased investment to attract the $ 2.3 trillion of domestic capital in Africa that needs to be unlocked. This was stated at the AVCA 20th Annual Conference & VC Summit in Johann ...
M86BMX Economic crisis - Stock market graphs and charts - Financial and business background The Nigerian equities yesterday sustained the bearish run as the overall capitalization lost N673 billion.The All-Share Index (ASI) lost 1,190.24 points, r ...
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd, have restarted production from the Awoba field. The field which last contributed product ...
Abuja Investments Company Limited has announced a temporary suspension of the rehabilitations at the International Conference Centre (ICC) till July 5th 2024. According to the company, the directive was authorised by the minister of the FCT, N ...
…As CBN again slashes Customs exchange rate By 7.1% Despite significant drop in foreign exchange at the official, parallel markets as well as exchange rate for calculating import duties by the Nigeria Customs Service (NCS), cargo and vehicles ...
