The Ministry of Aviation and Aerospace Development has said that Nigerian airlines must demonstrate improved capacity and consistency and meet the necessary standards to be able to fly the …
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DKK partners LIRS to promote tax education
The Lagos State Internal Revenue Services has partnered with DKK Nigeria, to host a debate competition aimed at educating children on the importance of paying taxes. The Chief Operating …
Read More »Naira rated worst performing currency in 2024
The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report by Bloomberg on Friday, devaluation, insufficient dollar liquidity, …
Read More »CBN gives banks go ahead to deposit excess FX at Lagos, Abuja branches
In a bid at deepen the foreign exchange market, boost liquidity and attain convergence in the exchange rates, the Central Bank of Nigeria (CBN) has given the Deposit Money Banks …
Read More »NGX: Investors end week with N374bn gain
The Nigerian equities market sustained its positive run with investors making N374 billion in profit at the close of trading on Friday. This followed the growth in share prices of …
Read More »Cost of healthy diet in Nigeria stood at N1,041 in May – NBS
The National Bureau of Statistics (NBS) said on Friday the average cost of a healthy diet per day in the country stood at N1,041 in May. The NBS revealed this …
Read More »Shareholders approve MRS Oil’s delisting from capital market
Shareholders of MRS Nigeria Limited have approved the voluntary delisting of the company’s shares from the Nigerian Exchange Limited (NGX). Following the delisting, the company whose market capitalization currently stands …
Read More »SEC identifies regulatory uncertainties, insecurity, others as bane of Nigeria’s cryptocurrency market
The Security and Exchange Commission (SEC) has identified regulatory uncertainty, security concerns, and financial literacy as serious threats to cryptocurrency use in the country. The agency’s Director-General Emomotimi Agama, stated …
Read More »FG approves disbursement of N12.9bn health care provision fund
The Federal Government, on Thursday, approved the disbursement of N12,911bn through the Basic Health Care Provision Fund. The amount represents the 2023 fund for one quarter, to be utilised in …
Read More »Total transactions on NGX hit N2.25tn in five months
The total transactions on the local bourse have hit N2.35tn at the end of May, indicating a 115.40 per cent increase compared to the first five months of 2023. …
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