The ability of the Federal government to generate revenue is threatened as the Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed huge revenue debt owed the federal government by oil …
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LCCI cautions on inflation despite marginal drop
The Lagos Chamber of Commerce and Industry (LCCI) has issued a statement expressing cautious optimism regarding the recent marginal decline in Nigeria’s inflation rate. While the August headline inflation rate …
Read More »Alert Group eyes N200bn assets in five years
Alert Group has set a target of reaching N200bn in total assets over the next five years as it strategised to enhance market presence and improve service offerings across …
Read More »NMRC secures $228m to bridge housing deficit
The Nigeria Mortgage Refinance Company Plc has secured $228m to bridge Nigeria’s housing deficit and promote economic growth and development. In a statement issued on the official X handle …
Read More »Swarovski hosts partners
Luxury brand Swarovski has hosted its global partners on a three-day tour of its stores across Lagos and Abuja. In a statement, Swarovski said the tour of its stores, …
Read More »FCMB empowers 30 graduates with skills
First City Monument Bank has empowered 30 young graduates through its internship initiative, the Flexxtern programme. In a statement made available to our correspondent, the Group Head of Human …
Read More »SEC, NGX give Flour Mills approval for minority shareholders buyout
Securities and Exchange Commission and Nigerian Exchange Limited have given Flour Mills of Nigeria approval to buy out minority shareholders. FMN, in a release on Wednesday, stated that its …
Read More »Minister, Awosika seek removal of barriers to women’s financing
The Minister of Women Affairs, Uju Kennedy-Ohanenye, the Chairperson of the Nigerian National Advisory Board for Impact Investing, Ibukun Awosika, and other stakeholders have called for the dismantling of …
Read More »Oil companies owe govt over $6bn – NEITI
The liabilities of oil companies to the Federation have increased to $6.175bn as of June 2024, a new report by the Nigerian Extractive Industries Transparency Initiative has stated. It …
Read More »Nigeria’s exports to six countries hit N8.88tn in Q2 – Report
Nigeria’s exports to six major trading partners—Spain, the United States of America, France, India, the Netherlands, and China—reached N8.88 trillion in the second quarter of 2024, according to the …
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