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The Lagos State House of Assembly has passed the 2022 budget estimates of N1.758 trillion, with capital expenditure taking the lion share. The approved budget by the state legislature represents about 26.7% increase when compared to an…

The exchange rate between the Naira and the US dollar at the official Investors and Exporters (I&E) window closed at N415/$1. Naira recorded a marginal gain against the US dollar following the resumption of trading activities after…

President Muhammadu Buhari has assured manufacturers that his administration would take appropriate measures to ease access to foreign exchange for importation of raw materials and machines that are not available locally. The promise by…

The Securities and Exchange Commission (SEC) has issued a warning to the public over the activities of FinAfrica Investment Ltd and Poyoyo Investment, stating that the companies have not been accredited by the Commission and operate as…

The Shippers Association of Lagos (SAL) has said that apart from oil and gas, the maritime sector is critical for the economic growth of the country. The President of SAL, Rev. Jonathan Nicole, made this know in an interview with…

Pension Funds investment in domestic equities fell to N873.49 billion in the nine months ended September 30, 2021 on the back of rising interest rate in the fixed income market and uncertainty over the upcoming general election. This…

The Kwara state Governor,  AbdulRahman AbdulRazaq at the weekend says Ilorin is clearly the fastest growing state capital in the central region, a feat he linked to the peaceful atmosphere in the town. The Governor said the capital city…

Union Bank of Nigeria Plc has been acquired by Titan Trust Bank Limited, one of Nigeria’s fastest-growing and customer-centric financial service providers. Union Global Partners Limited, Atlas Mara Limited, and other majority…

The exchange rate between the naira and the US dollar closed at N414.73/$1 at the official Investors and Exporters (I&E) window. Naira appreciated against the US dollar on Thursday to close at N414.73/$1, representing a 0.09% gain…

The Nigerian National Petroleum Corporation (NNPC) remitted a sum of N10.54 billion to the Federation Account Allocation Committee (FAAC) in November 2021 from the proceeds of the sales of crude oil and gas in the previous month. This is…