Nigerian stock market gains N325bn on enhanced buying interest

15 January 2021

The Nigerian stock market extended its positive rally on Thursday, appreciating further by N325 billion, amid increased buying interest.

Specifically, the market capitalisation inched...

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NSE extends gain, index rises further by 0.11%

13 January 2021

Positive sentiments persisted on the Nigerian Stock Exchange on Wednesday with the All-Share Index extending growth by 0.11 per cent.

Specifically, the All-Share Index improved further by...

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FIRS creates tax audit units to address illicit financial flow

11 January 2021

The Federal Inland Revenue Service (FIRS) has created 35 additional Tax Audit Units across the country to address illicit financial flow.

Mr Abdullahi Ahmad, Director, Communications and...

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World Bank forecasts 2.7% economic growth for sub-Saharan Africa

06 January 2021

Sub-Saharan Africa is forecast to experience economic growth of 2.7 per cent in 2021 as it rebounds from its first recession in 25 years, the World Bank said Tuesday.

Regional output...

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World Bank cuts 2021 global forecast to 4.0%

05 January 2021

The World Bank on Tuesday downgraded its outlook for the global economy and warned the situation could deteriorate if Covid-19 infections accelerate or the vaccine rollout is delayed.

The...

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NSE resumes with N459bn growth, index crosses 41,000 mark

04 January 2021

The Nigerian Stock Exchange resumed trading in 2021 on a bullish trend with the All-Share Index surpassing the 41,000 mark, as investors continued to position ahead of full-year results and... Read More...

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OPEC: Oil outlook for 1st half of 2021 full of downside risks

04 January 2021

The Organisation of the Petroleum Exporting Countries (OPEC) sees plenty of downside risks for oil markets in the first half of 2021, Mohammad Barkindo, its Secretary-General said on Sunday.

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Business survival fund: “we must find ways of doing more”- Osinbajo

29 December 2020

With the kind of impact and interest already generated among Nigerians by the ongoing implementation of the Survival Fund under the Economic Sustainability Plan, there is now a need to expand the... Read More...

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At last, ASUU suspends 9-month-old strike

23 December 2020

The Academic Staff Union of University (ASUU) on Wednesday “conditionally” suspended its strike, ending a protracted industrial action that has lasted for nine-month.

ASUU National...

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Senate passes 2021 budget with a N505bn increase

21 December 2020

The Nigerian Senate has passed the 2021 budget of N13.58 trillion.The lawmakers made an increase of over N500 billion to the initial N13.08 trillion proposed by the Executive.

House of...

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