Business & Economy - Page 172

Capital market

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

The Nigerian National Petroleum Company Limited (NNPCL) posted ₦6.008 trillion in revenue for May 2025, marking a slight increase from the ₦5.972 trillion recorded in April. The rise follows steady gains in crude oil and condensate production, which climbed to 1.63 million

July 1, 2025

Business & Economy

CBN Permits next of kin to claim dormant account, gives details

The Central Bank of Nigeria (CBN) now allows next-of-kin, legal representatives or beneficial owners to claim balances from dormant accounts. In a recent release, the CBN clarified that next-of-kin can submit applications to financial institutions to retrieve unclaimed funds. These applications must

July 30, 2024

Business & Economy

Notore’s listing lifts market capitalisation by N111bn amid Index decline

By Rukayat Adeyemi The Nigerian stock market experienced a mixed performance on Monday (yesterday, July 29), with the All-Share Index closing lower in spite of a significant boost to market capitalisation. The listing of 2.42 billion shares in a private placement by

July 30, 2024

Business & Economy

Senate seeks end to unclaimed dividends saga, renew investors’ confidence in capital market

The Senate has vowed to tackle all issues of unclaimed dividends in the capital market with the collaboration of stakeholders, saying it will ensure the restoration of investors’ confidence in the capital market. Speaking yesterday (Monday, July 29) in Abuja at a public

July 30, 2024

Business & Economy

Fidelity Bank shareholders approve absorption of excess funds from public offer

Shareholders of Fidelity Bank Plc have unanimously approved the absorption of surplus funds arising from the potential oversubscription of its ongoing public offer. A statement from the bank on Monday in Lagos, said this was one of the six resolutions its Board

July 29, 2024

Business & Economy

Breaking News: Following approval by FEC, NNPCL to sell crude oil to Dangote Refinery in naira

By Ademola Tijani The federal government has approved the sale of crude oil to Dangote Refinery and other emerging refineries in naira, in response to President Bola Tinubu’s proposal to the Federal Executive Council (FEC) to that effect. Currently, Dangote Refinery requires

July 29, 2024

Business & Economy

FG pledges to boost local airline operators’ capabilities

L-R: Director, Public Affairs and Consumer Protection of NCAA, Nr Michael Achimugu; CEO/Founder of CITA Aviation Fueling Company Ltd. Dr Thomas Ogungbangbo; MD/CEO of NAMA, Mr Umar Farouk; Minister of Aviation and Aerospace Development, Mr Festus Keyamo (SAN); and Director of Public

July 27, 2024

Business & Economy

Japa: With 20m in diaspora, $100bn remittances in five years, Nigeria ranked among top 10 globally – data

As NiDCOM harps on the important role of 20m Nigerians in diaspora in nation-building, President Bola Tinubu has celebrated “the positive effects of global migration,” including huge remittances of funds to middle-income countries therefrom, with Nigeria receiving $21.9 billion in 2023 and

July 26, 2024

Business & Economy

FMBN flaunts record, boasts it has delivered 39,000 new homes in 31 years

The Federal Mortgage Bank of Nigeria (FMBN) has within 31 years delivered 39,000 new homes under the National Housing Fund (NHF) scheme, the bank’s Managing Director/Chief Executive, Mr Shehu Osidi, has disclosed. In a paper titled “Financing the Housing We Need: A New Dawn

July 25, 2024

Business & Economy

Selloffs in banking stocks dip market capitalisation by N68bn

By Rukayat Adeyemi The Nigerian Exchange Ltd. (NGX) market capitalisation declined further on Wednesday by 0.12 per cent or N68 billion, following selloffs in tier-one banking stocks. The market capitalisation, which opened at N56.898 trillion, closed at N56.830 trillion. The All-Share Index

July 25, 2024

Business & Economy·News

MAN, NECA commend FG on reduction of sugar tax, call for its permanent suspension

The Manufacturers Association of Nigeria (MAN) and the Nigeria Employers Consultative Association (NECA) have commended the Federal Government for its move to temporarily suspend the N10 per litre sugar tax on carbonated sweetened non-alcoholic beverages, calling for a permanent suspension of the tax

July 24, 2024

Previous 1 … 170 171 172 173 Next

Business & Economy - Page 172

NNPCL Revenue Hits ₦6 Trillion in May as Oil Output Inches Up

CBN Permits next of kin to claim dormant account, gives details

Notore’s listing lifts market capitalisation by N111bn amid Index decline

Senate seeks end to unclaimed dividends saga, renew investors’ confidence in capital market

Fidelity Bank shareholders approve absorption of excess funds from public offer

Breaking News: Following approval by FEC, NNPCL to sell crude oil to Dangote Refinery in naira

FG pledges to boost local airline operators’ capabilities

Japa: With 20m in diaspora, $100bn remittances in five years, Nigeria ranked among top 10 globally – data

FMBN flaunts record, boasts it has delivered 39,000 new homes in 31 years

Selloffs in banking stocks dip market capitalisation by N68bn

MAN, NECA commend FG on reduction of sugar tax, call for its permanent suspension

Recent Posts

Daily Query Newspaper

Latest Interviews

INEC has lost all credibility to be an independent umpire of Nigeria’s elections

EXPRESSO>>> By Steve Osuji – No electricity, no 2nd term vow: Is Alake living on the moon?

Tinubu’s electricity promise has come due

Terrible Tuesday for Trump and Trumpism

U.S. Online Sales Surge, Shoppers Throng Stores On Thanksgiving Evening

Fashion Portrait of Young Talented Businessman Handsome Model Man in Casual Cloth

Suggestions

Business & Economy - Page 172

Recent Posts

Daily Query Newspaper

Latest Interviews