Archives for Trending - Page 613
PDP Governors Move For Constitutional Amendment, Devolution Of More Powers To States
Governors elected under the platform of Peoples Democratic Party (PDP), stressed the need for President Mohammadu Buhari to initiate an Executive Bill for the amendment of 1999 Constitution. The governors,…
FMDQ Exchange Admits Mixta Real Estate PLC’s ₦0.96bn Series 35 Commercial Paper
FMDQ Securities Exchange Limited (“FMDQ Securities Exchange” or “the Exchange”) continues to fulfill its mandate to further deepen and effectively position the Nigerian Debt Capital Market (DCM) for growth, in…
NAICOM Inaugurates Working Groups For IFRS 17
Commissioner for Insurance, Mr Sunday Thomas By Ngozi Onyeakusi--- The National Insurance Commission (NAICOM) today assured that inauguration of the Sub Working Groups (SWGs) of the Insurance Industry Financial Reporting…
Nigeria rolls out regulations for digital investment advisors
Amid upsurge in financial technologies (fintechs) start-ups and patronage of digital assets and digital investment platforms, Nigeria is concluding arrangements to roll out its first regulatory framework for digital investment…
N120b petrol subsidy to double as CBN adjusts exchange rate
As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions…
Fertiliser imports rise by 84% to N117Bn
Despite various measures to encourage local production, a total of about N117 billion (or $ million) was expended on fertiliser importation in the past year. Fertiliser imports increased by $…
Unremitted N2tn: NNPC, NPA, others to face Senate panel this week –
The Senate Committee on Finance has sent out invitations to heads of 60 government-owned firms to start appearing before it from this week. They are to explain their failure to…
Petrol imports rises by 100 million litres in 2021 January – NNPC
Latest figures in the financial and operations report of the Nigerian National Petroleum Corporation have shown that the imports of Premium Motor Spirit (or petrol) by the NNPC rose by…
$1.24bn spent on food imports despite FG’s forex ban
Food products imports gobbled up $ of the foreign exchange supplied by the Central Bank of Nigeria from October 2020 to March 2021 despite the ban directive from the President,…
Petrol price to increase as PEF hikes transporters margin
Nigerians should expect an increase in the pump price of Premium Motor Spirt (PMS), popularly called petrol anytime soon as the Petroleum Equalisation Fund(PEF), has concluded plans to increase petroleum…
