Business
Poor infrastructure, smuggling, funding gap crippling Africa’s petroleum downstream
With a growing population, huge energy demand, and projected industrial and agricultural boom, cross-border infrastructural deficits, funding gaps, smuggling, and lack of harmonized taxes The post Poor infrastructure, smuggling, funding
LCCI seeks Executive Order to reform Customs
By Yinka Kolawole ECONOMY Frustrated by anti-business operating standard, the Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to roll out a reform through Executive
Unemployment rate rises further — NBS
… Highest in Imo, Adamawa states By Nkiruka Nnorom ECONOMY The number of unemployed Nigerians rose to 23.19 million in the fourth quarter (Q4) of 2020 on the back of
Updated: Why PPPRA lacks constitutional power to determine fuel price in Nigeria — Falana
Femi Falana By Arogbonlo Israel Human rights activist, Femi Falana (SAN), has revealed why the Petroleum Products Pricing Regulatory Agency (PPPRA) lacks the ‘constructional power’ to determine the prices of
NDIC to take-on failed banks’ debtors
Nigeria Deposit Insurance Corporation By Emma Ujah, Abuja Bureau Chief The Nigeria Deposit Insurance Corporation (NDIC) is to go tough on debtors of failed banks. The organisation’s new Managing Director
EQUITIES: Analysts expect further market correction
Nigerian Stock Exchange •Investors adopt defensive game By Nkiruka Nnorom The weak sentiment in the equities market is likely going to continue in the near term following what investment analysts
COVID-19, #EndSARS batter Insurance sector
A file image of the #EndSARS protesters at Lekki Tollgate, before the gunfire. Growth rate declines, Claims expenses rise It’s still showing resilience – Operators
External reserves, oil price in counter trend
Oil money By Babajide Komolafe In spite of the rising trend in the price of crude oil, the nation’s external reserves have fallen by $1.86 billion in seven weeks
Forex: Turnover in I&E rises 43% to $1.3bn in February
As naira depreciates by N16.25 kobo External reserves shed $1.28bn By Babajide Komolafe & Elizabeth Adegbesan The volume of dollars traded (turnover) in the Investors and Exporters (I&E) window
Report Foresees Stronger Nigeria Insurance Sector after Recapitalisation
A new report has revealed that the ongoing recapitalisation of the Nigerian insurance industry will improve their capacity to underwrite risks, generate adequate returns on investments and make better contributions
