The Minister of Aviation and Aerospace Development, Festus Keyamo said on Thursday Nigeria has been removed from the Aviation Working Group (AWG) blacklist for non-compliance with protocols in the sectors. …
Read More »Business
FG, states, LGAs share N1.3tr as revenue allocation for September
The three tiers of government on Thursday shared the sum of N 1.29 trillion as revenue allocation for September. The Director of Press and Public Affairs in the Office of …
Read More »NGX: Bearish sentiment persists as investors lose N127bn
The bearish sentiment persisted in the Nigerian equities market on Thursday as investors lost N127.34 billion at the close of the day’s trading. This followed the dip in the share …
Read More »World Bank okays Nigeria’s economic reforms, says fiscal deficit shrinking
The World Bank on Thursday passed a vote of confidence on the economic reforms by President Bola Tinubu’s administration saying they are beginning to show results. Alex Sienart, the bank’s …
Read More »World Bank aims for efficiency with new 22-point scorecard
The president of the World Bank, Ajay Banga, unveiled a new simplified corporate “scorecard” Thursday to measure its progress, ahead of a gathering of global financial leaders in Washington …
Read More »CBN to verify $7bn outstanding FX backlog claims, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the apex bank is working towards verifying the outstanding claims from the $7 billion foreign exchange …
Read More »NNPC still sole Dangote petrol buyer – Marketers
The Nigerian National Petroleum Company Limited is still the sole off-taker of Premium Motor Spirit, popularly called petrol, from the Dangote Petroleum Refinery despite the recent directive of the …
Read More »Gov Soludo worried over low FDI into Nigeria
Anambra State Governor Chukwuma Soludo has expressed concern over the insufficient inflow of Foreign Direct Investments (FDI) into Nigeria, indicating that the nation is not maximizing its potential on both …
Read More »United Capital grows Q3 revenue to N28bn – Report
Pan-African financial and investment services group United Capital has announced a 61 per cent growth in its gross earnings to N28.17bn at the end of the third quarter from …
Read More »CardinalStone appoints new director
CardinalStone Real Assets Limited, an alternative asset manager in real estate and infrastructure development, investing, and management, has appointed Laolu Alabi as its executive director. According to the firm, …
Read More »