Lagos Funds Pension Scheme With N125.94bn Lagos State Government has so far spent N125.94bn on the Contributory Pension Scheme since its inception nine years ago. The...
FG Okays 5% of Recovered Loot for Whistleblowers The Federal Executive Council on Wednesday approved the Ministry of Finance Whistleblowing Programme that may see individuals, who...
Oando Sells 49% Stake in Midstream Unit for N35bn Oando Plc, an indigenous energy group, has announced the completion of a $115.8m (N35.3bn) partial divestment of...
CBN’ll Eliminate Official, Black Market Exchange Rate Gap The Central Bank of Nigeria will try to eliminate the spread between the official and black market exchange...
Dollar Scarcity Forces Interswitch to Delay $1bn IPO Interswitch limited has put on hold its plan to raise as much as $1bn in an initial public...
RSL Shareholders’ Fund Drops by N2bn The Chairman of Resorts Savings and Loans Plc, Senator Sunday Fajimi, said the mortgage bank’s shareholders’ fund had dropped from...
FG Seeks Advisers for Debut Islamic Bond The Federal Government is looking for financial and legal advisers and trustee firms to organise its first Islamic bond...
Naira Tumbles to 490 as Dollar Shortage Continues The naira tumbled against the United States dollar to 490 on Monday from 487 on Friday, as acute...
Market Sheds N42bn, Oil, Banking Stocks Lead Losers The market capitalisation of the Nigerian Stock Exchange declined by N42bn at the close of trading on Monday...
NSE Index Rises 3.4% as Stock Market Rallies The rally at the stock market continued for the third consecutive week as the Nigerian Stock Exchange (NSE)...
