Politics

February 13, 2020

In a bid to track all tax evaders and defaulters in the country, the FIRS has launched a national intelligence gathering...

Gas is the new petrol - FG to Nigerian car owners, intervention fund, NCDMB, output cut, Petroleum Industry Bill to be passed by mid-2020, says Sylva, FG discovers crude oil in north, says there’s more , OPEC, non-OPEC countries to meet as Saudi, Russia price war affects Nigeria’s budget, FG considers fuel price reduction, OPEC deal: Nigeria to generate additional $2.8 billion revenue as FG reacts

FG discovers crude oil in north, says there’s more

February 13, 2020

About one billion barrels of crude oil have been discovered in the North-Eastern part of Nigeria, Timipre Sylva disclosed.

Nigeria and Ethiopia sign visa waiver agreement

Nigeria, Ethiopia sign visa waiver agreement

February 12, 2020

Nigeria and Ethiopia have signed a Memorandum of Understanding (MOU) on waiver of visa requirements for diplomatic and official passport...

Market Views

Boko Haram: A protracted battle yet to be won?

by CSL Stockbrokers

February 12, 2020

Suspected Boko Haram fighters were reported to have set ablaze several trucks conveying passengers, who were stranded on Sunday night.

AfDB, Asian Bank, others worsen poor nations’ debt problem – World Bank

by Fakoyejo Olalekan

February 12, 2020

World Bank has alleged that African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development...

Covid-19, Conditional cash transfer: FG gives reason for disengagement of 2 Payment Service Providers, President Buhari asks the Chief Justice to release prisoners due to coronavirus

FG fails to meet revenue projection for 2019, as revenue hits decline mode

by Fakoyejo Olalekan

FG made N1.1 trillion from VAT in twelve months, an amount lower than the projected N1.7 trillion, which the Federal...

To protect margins, Nigeria’s top brewers are set to increase prices , Nigerian Breweries, Economy: Local corporates taking advantage of the low yield environment , Nigerian Breweries goes to the retail lab, Analysis: Nigeria Breweries, the glory days are gone

Market Views

Economy: Local corporates taking advantage of the low yield environment

by CSL Stockbrokers

Corporate issuers appear to be taking advantage of the unorthodox policies of the CBN to raise funds from the local...

NNPC, Chinese firm conclude plans to commence AKK project , NNPC refineries dormant for three months, post losses for 13 straight months, Atlantic Council Global Energy Forum, Pipeline Vandalism: Stakeholder collaboration, critical to tame menace - Kyari, Importing petroleum products must stop, NNPC has over $20bn assets - Kyari, Nigeria loses $750 million to crude oil theft in 2019 – NNPC, NNPC to begin gas pipeline construction for Nigerian economy boost, Crude Oil: Unsold cargoes forces price slash

Importing petroleum products must stop, NNPC has over $20bn assets – Kyari

The GMD of NNPC, Mr Mele Kyari has lamented over the continued importation of petroleum products into the country.

CBN reveals framework for the N75 billion Youth Investment Fund, Economic Growth, CBN, Governor, Emefiele, CBN releases new capital base, sanctions for Microfinance Banks, Nigerian Banks broadly positive after naira devaluation, Naira hits N465 to $1, Central Bank begins disbursing $100million to hit at currency speculators, CBN appoints 3 Pre-Shipment Inspection and 2 Monitoring Agents for non-oil exports

CBN restricts forex for milk import to Nestle, Chi, Friesland, 3 others

Central Bank of Nigeria (CBN) has restricted foreign exchange for milk importation to six companies in Nigeria to boost local...

Minister highlights why Petroleum Industry Bill needs to be passed by mid-2020