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The Oyo State Government has disclosed its readiness to sanction schedule officers in charge of preparation of establishment estimates in government Ministries, Departments and Agencies (MDAs), whose lack of proficiency impedes the…

On the 13th of January 2022, 423 new confirmed cases were recorded in Nigeria according to the Nigerian Centre for Disease Control website (NCDC). Till date, 250009 cases have been confirmed, 221203 cases have been discharged and 3092…

Nigeria’s external reserve dipped $24.3 million in the first week of the year to close at $40.49 billion as of 7th January 2021. This represents a 0.06% decline when compared to $40.42 billion recorded as of the start of the week. This…

Oil prices start the London trading session bullish with investors regaining some risk appetite. However, they await clues from the U.S. Federal Reserve chairman on potential interest rate rises and some oil producers continued to struggle…

Nigeria's National Assembly has moved to restore all statutory Funds due, to the National Agency for Science and Engineering Infrastructure (NASENI) as contained in the Nigeria Financial Act 2021 which was newly signed into law by President…

The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 1.97% to close at N15.79 trillion from N15.48 trillion the previous week, reflecting a gain of N305.66 billion. Stocks included in this…

The black liquid ended the week very bullish despite Friday’s dip where longs in the market took some profit after four days of bullish momentum. The week concluded is still a big one for oil bulls due to the Organization of Petroleum…

Investors on the Nigerian Stock Exchange are to pay a Capital Gains Tax of 10% on the sale of shares according to provisions of the signed Finance Act 2021. The tax is applicable on the disposal of shares worth N100 million and above.…

Nigeria’s capital importation rose to $1.73 billion in the third quarter of 2021, which is 98% higher than $875.6 million recorded in the preceding quarter (Q2 2021). This is contained in the capital importation report, released by the…

The price of crude oil rose in London on Friday morning as an uprising in Kazakhstan led to concerns about disruptions in crude supplies from the OPEC+ producers at a time when Libyan output has dropped. Brent crude futures gained 0.6%…