Nigeria Export Promotion Council (NEPC)   Nigeria can earn an extra $153.7 billion (N58.58 trillion) from export of leather, rubber, sugar and soya under the federal government’s Zero-oil Initiative. This was part of a report commissioned by the Nigeria Export Promotion Council (NEPC), conducted by Ernst and Young (EY), […]

                        The Nigeria Liquefied Natural Gas (NLNG) Limited said it has delivered 5000 gas cargoes to parts of the world earning $108 billion revenue while paying $35bn dividends in its 21 years of operation. The General Manager, External Relations […]

  The Minister of Science and Technology and leader of the South-East zonal caucus of the APC, Dr Ogbonnaya Onu   The federal government has approved the guidelines for the implementation of the Executive Order 5, the Minister of Science and Technology, Dr. Ogbonnaya Onu has disclosed. The Order places […]

    Following two consecutive losses, the equities market of the Nigerian Stock Exchange rebounded as the market capitalisation increased by ₦50.3 billion to settle at ₦21.5 trillion while the year to date return rose to 2.2 per cent. The All-Share Index rose 23bps to close at 41,147.72 points due […]

                    The Registrar General of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the Companies and Allied Matters Act (CAMA 2020) empowers the commission to deregister companies that have been inactive for 10 years. Speaking in Abuja recently, Alhaji […]

  Trading hall of the Nigeria Stock exchange, Lagos.   The domestic equities market began trading this week with eight basis point (bps) gain as the benchmark index advanced to 40,150.78 points. The market capitalisation advanced by ₦16 billion to settle at ₦21.2 trillion  while the year to date  return […]

                    The domestic equities market of the Nigerian Stock Exchange (NSE) continued its bullish run as market capitalisation increased by ₦140 billion to ₦18.6 trillion. The All Share Index (ASI) gained 76 basis points (bps+ to close at 35,493.15 points while […]

    The Finance Bill, 2020 on Wednesday passed first and second readings in the Senate, a day after President Muhammadu Buhari presented it. Section 49 of the Finance Act has been amended to make the provision of Tax Identification Number (TIN) mandatory for persons intending to open a bank […]

          The World Bank is unlikely to approve a much-needed $1.5 billion for Nigeria in August as planned due to concerns over desired reforms, three sources familiar with the talks told Reuters.     A delay in financing from multilateral lenders could leave Africa’s biggest economy […]

  The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has said the newly signed Companies and Allied Matters Act (CAMA) would transform the business environment. Speaking when he received a delegation from the Corporate Affairs Commission (CAC), the Minister said the implementation of CAMA would help Nigeria […]