Seven Banks ‘Hide N249.6b for Unknown Govt Officials’ A Federal High Court in Lagos yesterday ordered seven banks to remit to the Federal Government $793,200,000 (about...
Stocks Gain N63bn, Transcorp Hotels Profit Drops by 60% The Nigerian Stock Exchange market capitalisation appreciated by N63bn at the close of trading on Thursday, driven...
Foreign Banks to Finance N5bn Ikeja ICT Mart Some foreign banks have agreed to finance a N5bn investment project scheduled to commence in October this year....
Nigeria’s Forex Inflow Hits $15bn in First Quarter The aggregate foreign exchange (forex) inflow into the Nigerian economy in the first quarter of 2017 has been...
Fed Govt Targets N1.8tr From VAT The Federal Inland Revenue Service (FIRS) is projecting N1.8 trillion Value Added Tax (VAT) collection for the 2017 fiscal year....
Governor Forfeits N500m as States Get N243b Refund A governor has forfeited to the Federal Government the N500 million he allegedly laundered in a mortgage bank....
Paris Club Refund: States Get N243.7BN The Federal Government has released N243.79bn as the second tranche of Paris Club Refund to the 36 state governments and...
Nigeria’s Investment Rate Ranks Below Peers In comparison with its peers, Nigeria’s investment rate lags the average of 23.3 per cent recorded for sub-Saharan African countries,...
Equities Gain, Oando Share Price Drops by 9.54% The Nigerian Stock Exchange market capitalisation appreciated by N14bn at the close of trading on Monday to close...
FMDQ Lists Nigeria Infrastructure Debt Fund, Others Having successfully obtained the Securities and Exchange Commission’s approval, Chapel Hill Denham Management Limited has registered and established the...