Fed Govt To Auction N150bn Bonds In April
The Debt Management Office on Wednesday disclosed that the Federal Government would offer N150bn bonds for subscription in April. A circular by the DMO on […]
economic
Sell-offs Persist As Market Shed N60bn
The equities market sustained a downtrend as market capitalisation declined by N57.9 billion to settle at N20.3 trillion while year to date loss worsened to […]
Nigeria’s Daily Oil Production Rises To 1.42m Barrels
Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the Organisation of the Petroleum Exporting […]
Fed Govt Clears N6.2bn Arrears Of 16,210 Pensioners
The Pension Transitional Arrangement Directorate in charge of the administration of pensions of federal retirees under the Defined Benefits Scheme said it paid N6.2bn arrears […]
Obi to FG: Provide jobs for youths, other Nigerians instead of negotiating with criminals
Former Governor of Anambra State and Vice Presidential candidate of the People’s Democratic Party (PDP) in 2019 elections, Mr Peter Obi, has declared that bad […]
Atiku hails FG for privatisation of refineries, Other assets
By Chibuike Nwabuko Abuja (Sundiata Post) – Presidential candidate of the Peoples Democratic Party in the 2019 general election and former Vice President Atiku Abubakar […]
Nigeria set for major shift in economic competitiveness with maritime transport policy – Minister
Says Document Will Enhance Country’s Position In AfCTA Minister of State for Transportation, Senator Gbemisola Saraki, says the National Maritime Transport Policy being developed by […]
Wheat, Sugar Lead Import For January, 2021
There are indications that the confectionary industry will experience a boom in the first quarter of 2021 as wheat, the major condiment for bread and […]
Average Kerosene Price Decreases By -0.17% – NBS
The National Bureau of Statistics (NBS) has said the average price per litre paid by consumers for National Household Kerosene decreased by -0.17 per cent […]
Fiscal Deficit Rose To N451.22bn In October – CBN
The Federal Government recorded a fiscal deficit of N451.22bn in October 2020. The Central Bank of Nigeria disclosed this in its monthly economic report for […]
Equity Market Decline By N40bn On Profit Takings
The Nigerian equity market on Monday commenced the weekly activities on the negative trajectory as investors continued to take profits to increase capital gains. Key […]
PenCom To Adopt Electronic Pension Verification
The National Pension Commission (PenCom) said it will adopt an automated electronic process to conduct the annual verification and enrolment exercise. In a statement yesterday, […]
2 Months After, Airlines Await N5bn Bailout
Almost two months after the federal government approved a N5 billion bailout for the aviation sector, operators are worried over the delay in its release, […]
Stock Market Extends Gain With N334bn
Nigerian equity market on Monday sustained its positive outlook as the overall performance measures, NSE ASI and market capitalisation rose further by1.73 per cent. However, […]
Food Prices Rising, Household Incomes Precarious – NBS
The prices of most food items increased in November this year, while the incomes for many households are still in precarious situations, the National Bureau […]
Millions face hunger in Zimbabwe – WFP
The World Food Programme (WFP) has warned that millions of Zimbabweans face hunger in the coming months due to a prolonged drought, economic instability and […]
‘Imported Vehicle Prices To Increase Next Year’
The prices of vehicles imported into Nigeria will increase significantly from next year once the Fuel Grade and Vehicle Emission Standards Regulations of the Economic […]
Customs Impound 113 Prohibited Goods Valued N107.67m
The Joint Border Operation Drill set up by the Federal Government to police Nigeria’s borders covering four states in the North Central has said that […]
Nigeria’s Q3 Trade Deficit Now N2.38trn, Highest Since 2017 – NBS
Nigeria’s trade deficit rose by 32.45 per cent from N1.8tn as of the end of second quarter to N2.38tn in the third quarter. The National […]
Stock Market Fall By N39bn On Profit-taking
The Nigerian equity market on Monday began the week on a negative note as investors continued to take profits to increase capital gains. The key […]