Five banks’ interest income drops to N376bn, experts blame CBN cash reserve policy

The combined net interest income of five publicly-quoted commercial banks has declined by N48.69bn in the…

NNPC Remitted N511.66bn Out of Projected N2.09tn to Federation Account in 10 Months

Of the expected remittance of N2.09 trillion into the Federation Account between January and October, 2021,…

‘NGX Remains Preferred Listing Destination’

Nigerian Exchange Limited (NGX or The Exchange) has said that it remains the preferred listing destination…

PENGASSAN: We reject 100% hike in LPG

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has blamed the Federal Government…

NNPC partners IPPG to boost industry reforms

The Nigerian National Petroleum Company Limited has stated it is imperative to collaborate with the Independent…

CBN frowns at commercial banks over e-Naira

The Central Bank of Nigeria (CBN) has frowned at commercial banks in Nigeria for not doing…

Stock Market Close Lower on Profit-Taking by Investors

The stock market of the Nigerian Exchange Limited (NGX) closed on a negative note yesterday on…

Reps retain NIPOST’s powers over stamp duty in new amendment

The House of Representatives, on Tuesday adopted the report by the Committee on Communications on the…

Despite FG’s revenue crunch, NIS projected passport revenue drops by 96%

The Nigeria Immigration Service has dropped its projected passport revenue from N27.18bn for 2021 to N1.03bn…

NCC to conduct 5G trial Thursday

The Nigerian Communications Commission says it is set for the second trial of 5G in Nigeria.…