The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Dayo Mobereola, has disclosed that the award given to the agency by the President of the Presidential …
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IMG appoints Aminu Ado chairman
Industrial and Medical Gases Nigeria Plc has appointed Aminu Ado as its substantive chairman. The appointment was disclosed in a corporate filing with the Nigerian Exchange Limited stating that …
Read More »Conoil revenue jumps by 53%
The revenue of Conoil Plc for the 2023 financial year has appreciated by 53 per cent to N201.4 billion from N131.4 billion in the previous year. This is as …
Read More »Coronation Insurance records N4.45bn profit
Coronation Insurance Plc has reported a profit after tax of N4.45bn for the first quarter of 2024, this represents a rebound from the N1.10bn loss in the first quarter …
Read More »$1.5bn oil sector divestment deals completed – FG
The Federal Government, on Wednesday, announced the completion of the divestment deals between Nigeria Agip Oil Company and Oando Plc, as well as that of Equinor and Project Odinmim, …
Read More »NOVA Bank commences operations as national commercial bank
NOVA Bank has officially commenced operations as a National Commercial Bank, as the bank opened its first commercial banking branch in the Victoria Island area of Lagos. The bank, …
Read More »Capital importation at four-year high, analysts foresee further rise
As capital importation into Nigeria rose to the pre-pandemic high, hitting $3.38bn in the first quarter of 2024, market watchers have projected that it will go higher on the …
Read More »Tinubu appoints board of consumer credit corporation
President Bola Tinubu has approved the appointment of Uzoma Nwagba as Managing Director of the Nigerian Consumer Credit Corporation (CREDICORP). The Special Adviser on Media and Publicity to the President, …
Read More »Nigeria to begin collection of 7.5% VAT on crypto transactions July 8
The Federal Government will begin the collection of Value-Added Tax of 7.5 percent on every cryptocurrency transaction from July 8. One of the cryptocurrency platforms in the country, KuCoin, disclosed …
Read More »NGX: Cornerstone, RT Briscoe, IMG boost equities market as investors gain N131bn
The Nigerian equities market maintained its upward trend as investors made N131 billion at the end of trading on Wednesday. This followed an increase in the share prices of stocks …
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