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Business

Bank Workers Threaten Industrial Unrest Over Casualisation

Bank Workers Threaten Industrial Unrest Over Casualisation   Workers in the financial sector have threatened to shut banks and other financial institutions across the country over increasing casualisation of workers…

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Business

Oil Prices Recover On Lower Output From U.S., Russia, OPEC

Oil Prices Recover On Lower Output From U.S., Russia, OPEC Oil prices rebounded on Tuesday on reports that output from the world’s largest oil producers fell during the third quarter,…

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Business

Why CBN, Banks Initiated N22 billion Creative Scheme

Why CBN, Banks Initiated N22 billion Creative Scheme The Central Bank of Nigeria (CBN), has said the N22 billion creative industry intervention is aimed at consolidating positive results already recorded…

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Business

We Are Not Increasing Tax, Other Dues – Oyo Govt

We Are Not Increasing Tax, Other Dues – Oyo Govt Oyo State Government has reiterated its assurance to the people of the State that the administration would not increase tax…

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Business

Reps Move Against CBN’s Cashless Policy, Orders Its Suspension

Reps Move Against CBN’s Cashless Policy, Orders Its Suspension The House of Representatives yesterday ordered the Central Bank of Nigeria (CBN) to suspend the cashless policy on bank deposits, the…

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Business

‘We Look Forward To Greater Investments In Infrastructure, Power’

‘We Look Forward To Greater Investments In Infrastructure, Power’ President Muhammadu Buhari Thursday in Abuja said Nigerians eagerly look forward to investments in infrastructure, especially the power sector, that will…

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Business

CBN Raises Momentum In Cash-less Project

CBN Raises Momentum In Cash-less Project The race for the national roll-out of cash-less policy in the country has gained additional momentum, as the Central Bank of Nigeria (CBN), yesterday,…

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Business

Nigeria Equities Market Rebound By N133bn

Nigeria Equities Market Rebound By N133bn   Nigerian equities market on Wednesday rebounded with N133 billion after two days of consecutive downward trend. Specifically, the market capitalisation which opened at…

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Business

Abiodun Seeks CBN Nod To Access ABP Facility

Abiodun Seeks CBN Nod To Access ABP Facility By Olu Osikoya, Abeokuta The Ogun State Governor, Prince Dapo Abiodun has sought the approval of the State House of Assembly to…

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Business

Inflation Declines To 11.02% In August

Inflation Declines To 11.02% In August   The consumer price index, (CPI) which measures inflation moved to downward trend by 11.02 percent (year-on-year) in August 2019. The decline is 0.06…

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Business

FG Increases VAT To 7.2%

FG Increases VAT To 7.2%   The Federal Government has proposed an increase of the Valued Added Tax, VAT from five percent to seven point two percent. The Minister of…

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Business

Nigeria’s Economic Growth Slows Down In Second Quarter

Nigeria’s Economic Growth Slows Down In Second Quarter Nigeria’s economy grew year-on-year in the second quarter of 2019 by 1.94%, riding on the back of stable oil prices to push…

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