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stock, shares, Equity Market down by 0.6% on Monday, Quoted Companies post N4.2 trillion combined profits since 2015, Stockbrokers in Lagos are shifting focus to commodities as stocks underperform, Stock Market gains N204 billion, as effects of OMO restriction kicks in , Penalties: NSE makes over N143.6 million from banks, real sector in 2019 , These companies could soon be delisted from the Nigerian Stock Exchange , C&I Leasing, Oando, UBA, two others top gainers chart on Wednesday 

These companies could soon be delisted from the Nigerian Stock Exchange 

These companies could soon be delisted from the Nigerian Stock Exchange 
Occupancy rates spike for Union Homes REIT

Occupancy rates spike for Union Homes REIT

Union Homes Real Estate Investment Trust (REITs) recorded a spike in occupancy rates for its choice properties across Nigeria.
Broadband Umar Danbatta

NCC moves to regulate infrastructure sharing regulations 

Prof. Umar Danbatta, Executive Vice Chairman of the Nigerian Communications Commission has announced that the commission is working on regulations that will enable telecommunication...
P&ID, FG, malami, $9bn fine is a scam - Federal Government , UPDATED: P&ID operations shut down, assets forfeited by court order

$9 billion case: Nigeria files new lawsuit against P&ID after new evidence emerges 

The management of British Virgin Island firm, Process and Industrial Development (P&ID) will again have to defend the company in court in the United Kingdom as Nigeria...
ECOWAS economy grows by 3.1%, expected to hit 3.3% by end of 2019  

ECOWAS economy grows by 3.1%, expected to hit 3.3% by end of 2019  

The economy of ECOWAS grew by 3.1% as at the end of the second quarter of 2019 and it’s expected to hit 3.3% by the end of the year.
Finance, Ministaer, vow to recover AMCON debt through issuance of promissory notes, FG reiterates stance on IPPIS as ASUU threatens strike, Finance Minister, Zainab Ahmed identifies capital market as key driver for economic growth , Nigeria has paid $1.09 billion to service its debts in 2019  , Dividends on oil proceeds will be taxed - FG , State governments own most bad roads - Finance Minister says, Budget deficit increases by N351.98 billion, as FG misses revenue target, Economy: Funding MSMEs in Nigeria , Finance Bill: New tax regime to take effect from Jan 2 - FG , Again, Finance Minister argues that Nigeria is not in debt distress , ECOWAS: Single currency regime not kicking off in 2020  , FG: CBN holds N43 billion stamp duty charges collected by banks  

ECOWAS: Single currency regime not kicking off in 2020  

The single currency regime for West Africa Countries might not kick off next year as expected because many countries are yet to meet the criteria.
Girdlock: FG shuts Apapa-Tan Can road for repairs  

Girdlock: FG shuts Apapa-Tin Can road for repairs  

Apapa-Tin Can road would be shut for repairs by the Federal Government for 72 hours from 12 am December 7.   
LCCI, Babatunde Ruwase

Inflation may rise if borders are not opened – LCCI

Nigeria’s inflationary trend may move higher in the coming months if the nation continues to close its borders to its West African countries.
Bitcoin users rise in Nigeria despite Senate, CBN campaign against it 

Bitcoin users rise in Nigeria despite Senate, CBN campaign against it 

The use of Bitcoin is rising in Nigeria despite the warnings given by the Nigerian Senate and the Central Bank of Nigeria (CBN) against it.
TCN ready to waive Discos' N270 billion debt, TCN want Discos to recapitalise, Discos investment in power sector, National Union of Electricity Employees, Gencos want Discos’ job as it seeks to sell electricity directly to customers , Nigeria, Canada to ink new $2.3b power deal , ABEDC's investors divided over $41 million contract breach, Nationwide strike: Electricity workers meet with FG, as NECA fears lose-lose situation 

ABEDC’s investors divided over $41 million contract breach

CEC Africa Investments Limited has accused Xerxes Global Investment Limited of breaching its agreement that led to the acquisition of Abuja DisCo.
Three students win N1 million equity, N1.2 million edufund at NSE Essay competition

NSE aids financial literacy, rewards students with equity, edufund

The NSE has continued to drive financial literacy among the young population with its annual Essay Competition on capital market.
Nigeria may fall into recession if..., World Bank warns 

Nigeria may fall into recession if…, World Bank warns 

The World Bank has warned that Nigeria may fall back into recession, highlighting conditions that may drag the nation’s economy into it.
PFAs make N1.69 trillion ROI , Pension Contributions in Nigeria rose by N169.9 billion in 3-month , PenCom calls for thorough scrutiny of dead RSA holders’ benefits, PenCom discontinues Employee Death Benefit Account  , PFAs boost investment in infrastructure by N17.77 billion in one year , Pension: Low RSA balances - a subtly growing concern, PENCOM boss queried for spending unapproved funds, N5 billion on 360 staff in 8-month 

PenCom boss queried for spending N5 billion on 380 staff in 8 months

The Acting DG of PenCom, Aisha Dahir-Umar has been queried by the House of Representatives for the handling of the finances of the commission.
Buhari presenting the budget to NASS, 2020 Budget: An end to Nigeria’s budget cycle conundrum?

2020 Budget: An end to Nigeria’s budget cycle conundrum?

The Senate and the House of Representatives in a joint session passed the 2020 Appropriation Bill that was presented by the President on 8 October.
Lagos offers tech founders N250 million seed fund, cuts stringent access 

Lagos offers tech founders N250 million seed fund, cuts stringent access 

Entrepreneurs and innovators in the tech space in Lagos State now have new fund support worth N250 million to accelerate their ideas and startups.
Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year , FG secures World Bank’s approval to borrow $3 billion , debt, FG to develop new economic development plan Vision 2040 , Nigeria’s infrastructure gap: Too little too late? , Again, Finance Minister argues that Nigeria is not in debt distress , FG defends $22.7 billion new loans from World Bank, others  

Again, Finance Minister argues that Nigeria is not in debt distress  

Nigeria’s Finance Minister, Zainab Ahmed, has once again argued that Nigeria does not have a debt problem.
CBN makes new appointment  

CBN gets a new Director for Currency Operations

Ahmed Bello Umar has been appointed by the Central Bank of Nigeria (CBN) for the post of Director, Currency Operations Department.
The Afrocentric Sounds are revitalizing the British Music industry and the Economy, Nigeria’s Entertainment & Media to hit $10 billion by 2023 – PwC 

Nigeria’s Entertainment & Media industry to hit $10 billion by 2023 – PwC 

Nigeria’s Entertainment and Media industry is expected to rise from $4.46 billion in 2018 to $10.5 billion by the end of 2023.
SON concludes partnership with UK to stop rejection of Nigerian products

SON concludes partnership with UK to stop rejection of Nigerian products

The Standard Organization of Nigeria (SON) has signed a Memorandum of Understanding (MoU) with the United Kingdom Global Trade Programme. 
The world’s most profitable company keeps delaying its IPO , Saudi Aramco in the world’s largest IPO raises $25.6 billion surpasses Alibaba

Saudi Aramco surpasses Alibaba in world’s largest IPO, raises $25.6 billion

Saudi Arabia’s state-controlled oil firm, Aramco has raised $25.6 billion in the largest Initial Public Offering (IPO) ever.
El-Rufai: How Vodafone recorded its ‘biggest’ investment mistake in Nigeria

El-Rufai: How Vodafone recorded its ‘biggest’ investment mistake in Nigeria

Governor Nasir El-Rufai has disclosed how Vodafone failed to invest in Nigeria despite having the backing of former President Obasanjo. 
Cotton producers move to recover N4 billion CBN loan , Anchor Borrower Programme: Cotton farmers expected to pay bank N5.2 billion  

Cotton producers move to recover N4 billion CBN loan 

COPMA has announced that it is set to recover the N4 billion loan disbursed by the Central Bank of Nigeria (CBN) to cotton farmers. 
Why more African countries need to offer dual citizenship opportunities to African-Americans

Why more African countries need to offer dual citizenship opportunities to African-Americans

For many years, black people in the diaspora, particularly black Americans always found the African continent very intriguing.
NNPC, petroleum, Kyari, smuggling, , NNPC explains why kerosene price is not stable, NNPC, Why NNPC may sack depot managers in downstream sector , NNPC boss blames failure of refineries on negligence, says there are no excuses , No fuel scarcity during festive period - NNPC , NNPC advances commitment to meet domestic gas demands, NNPC to pay BCE $22.6 million over failed contract , Pipeline vandalism: NNPC GMD invited for questioning , Curbing the menace of smuggling of petroleum products, Amendment of Deep Offshore Act: NNPC allays fears of IOCs , New oil discovery to facilitate massive job creation – NNPC 

New oil discovery to facilitate massive job creation – NNPC 

The NNPC has disclosed that the discovery of oil in the Upper Gongola Basin of Benue Trough would lead to massive creation of jobs.  
NERC, power, distribution, electricity, companies, Recapitalisation of Discos, Power Distribution Companies to retain 132/330 kV customer - NERC , FG takes over Yola DisCo, investors to get N26.9 billion refund  

FG takes over Yola DisCo, investors to get N26.9 billion refund  

The Federal Government of Nigeria is set to take over Yola Electricity Distribution Company (Yola DisCo).
Yaw Nsarkoh

Yaw Nsarkoh is leaving Unilever Nigeria Plc 

Unilever Nigeria Plc has announced the resignation of Yaw Nsarkoh who was, until now, a director in the company’s board.
Stamp duty, Senate to probe PPPRA over non-remittance, blame systemic corruption for bad roads

Nigerian Senate passes 2020 National budget 

The Nigerian Senate, on Thursday, December 5th, 2019, passed the 2020 National Budget of N10.59 trillion.
revenue, FSDH, Buhari to release N600 billion for capital expenditure in 3 months, Nigeria @ 59: President Muhammadu Buhari’s speech, Buhari’s Budget of Sustaining Growth & Job Creation (Full text) , See what FSDH is saying about the 2020 budget and FG’s revenue drive , Nigeria recoups N594.09 billion from whistleblowing policy in less than 3 years , Buhari seeks speedy approval of the 2016/2018 external borrowing plan , Finance Bill to use banks as agents to tax Nigerians , FG battles 6 oil firms for failure to remit N20 trillion  

FG battles 6 oil firms for failure to remit N20 trillion  

The FGN has initiated moves to recover $62.2 billion from 6 oil firms that defaulted in the payment of revenue (arrears) due to the government.
LDR: Growing the real sector by fiat?, Rapid increase in food prices temporary – Emefiele, CBN and other industry stakeholders establish N1 billion Bankers’ Charitable Endowment Fund , How the CBN’s OMO restriction is affecting the market  , Nigerian economy to grow by 2.38% in Q4 - CBN 

How the CBN’s OMO restriction is affecting the market  

The Nigerian treasury market has been characterised by bearish sentiment. This has particularly been affecting tenured OMO securities,
CBN holds N30 billion NHIS funds in spite poor coverage of scheme   

CBN holds N30 billion NHIS funds in spite poor coverage of scheme   

The NHIS has over N30 billion with the Central Bank of Nigeria (CBN), after 14 years of operations and only 5% coverage in the country.