Business
Why registering for e-dividend is important for investors – SEC
By Obas Esiedesa – ABUJA The Securities and Exchange Commission, SEC, has again urged investors in the capital market to register for e-dividend, explaining that doing so would allow investors
E-payment transactions rise by 325% to N704 trn in 2020
As NPLs tickup 16% By Elizabeth Adegbesan The value of electronic payment (e-payment) transtions rose year-on-year (YoY) by 325 per cent to N704.04 trillion in 2020 from N165.8 trillion in
FG, states broke, another recession looms
“To know that which before us lies in daily life; is the prime wisdom” – John Milton, 1608-1674, VANGUARD BOOK OF QUOTATIONS, page 275. By Dele Sobowale HOW GOVERNORS CREATED
CASH CRISIS: Tough survival choices confront states —Experts
Nigerian Flag …Govs should explore AfCFTA platform, SMEs, rationalise cost, prune workforce’ By Peter Egwuatu, Assistant Business Editor, Nkiru Nnorom, Tunde Oso & Nnamdi Ojiego Following the financial crisis across
Buhari Returns Ownership of Four Oil Blocks to NNPC
Nigeria’s President Muhammadu Buhari has approved the restoration of the leases on four Oil Mining Licences to the state-owned petroleum company, (the Nigerian National Petroleum Corporation – NNPC). The affected
NNPC pledges to work with stakeholders to ensure sanity in downstream sector
By Obas Esiedesa The Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mallam Mele Kyari has pledged to work stakeholders to maintain sanity in the downstream sector of
Nigeria Grants NLNG $52m Tax Waiver for Bodo Bridge Construction
Nigeria’s federal government has granted the Nigeria LNG Limited N20 billion (about $52m) in tax waiver for the construction of Bodo Bonny Bridge in Rivers State. The Executive Chairman, Federal
FAAC: FG, states, LGs share N680 billion
Emma Ujah – Abuja The Federation Accounts Allocation Committee (FAAC), shared the sum od N680 billion among the three tiers of government Thursday. The money was from the revenue that
Nigeria Government Evaluates Addax Petroleum’s Assets
Following the Nigerian federal government’s revocation of the Production Sharing Contracts (PSCs) on four assets belonging to Addax Petroleum Exploration Nigeria Limited (APENL), the Department of Petroleum Resources (DPR), has
Manufacturing leads $8.41bn investment announcements in Q1’21
…Balyesa, Delta top destinations By Yinka Kolawole The Nigerian Investment Promotion Commission (NIPC) has reported $8.41 billion new investment announcements in Nigeria in the first quarter of 2021 (Q1 2021),
