Business
COVID-19: Capital Market Support Committee to raise N1bn
April 21, 2020
COVID-19: Capital Market Support Committee to raise N1bn
In a bid to support the fight against COVID-19 and its impact on the Nigerian economy, the capital market community…
Oil price crashes into negative territory, first time in history
April 21, 2020
Oil price crashes into negative territory, first time in history
U.S. crude oil futures collapsed below $0 on Monday for the first time in history, amid a coronavirus-induced supply glut,…
NIPC seeks tax holiday for medical, pharmaceutical sectors
April 20, 2020
NIPC seeks tax holiday for medical, pharmaceutical sectors
In a bid encourage investments in the healthcare and pharmaceutical sectors, Nigerian Investment Promotion Commission (NIPC) has advised that several…
AfDB debars China Zhonghao for fraudulent practices
April 20, 2020
AfDB debars China Zhonghao for fraudulent practices
The African Development Bank Group has announced the debarment of China Zhonghao Nigeria Limited, a civil engineering company registered in…
FIRS sets new record, as Q1 2020 revenue collection hits N1.2trn
April 17, 2020
FIRS sets new record, as Q1 2020 revenue collection hits N1.2trn
The final performance result in revenue collection by the Federal Inland Revenue Service (FIRS) for the first quarter(Q1, 2020) has…
TCN says electricity supply revenue may dip during lock-down
April 16, 2020
TCN says electricity supply revenue may dip during lock-down
The Transmission Company of Nigeria (TCN) has said the ongoing lockdown may affect revenue generation for the power sector during…
Power minister says REA installs 4 solar grids at COVID-19 Centres
April 16, 2020
Power minister says REA installs 4 solar grids at COVID-19 Centres
The Minister of Power Engr. Sale Mamman says the Rural Electrification Agency (REA) has commissioned four solar power mini-grids at…
COVID-19: FG reduces price of NPK Fertilizer to N5,000 per bag
April 15, 2020
COVID-19: FG reduces price of NPK Fertilizer to N5,000 per bag
The Federal Government of Nigeria has reduced the price of NPK 20.10.10. Fertilizer from N5,500 to N5,000 per 50kg bag.…
Electricity: FG approves N200bn to improve gas supply for GenCos
April 15, 2020
Electricity: FG approves N200bn to improve gas supply for GenCos
The Federal Government today approved the sum of N200 billion for improved gas supply to the power Generation Companies (GenCos),…
SEC denies conducting Recruitment Exercise
April 13, 2020
SEC denies conducting Recruitment Exercise
The Securities and Exchange Commission (SEC), has denied conducting any recruitment exercise as being speculated by some persons. The Commission…