Investors Paid over N29 Billion of Unclaimed Dividend-SEC DG

  Registrar of companies in the Nigerian capital market have paid over N29 billion to investors that have not been able to claim their dividend. The Director General of the…

FCMB reports N140.7bn gross earnings in Q3

    First City Monument Bank (FCMB) Group Plc has reported N140.7 billion in gross earnings for the third quarter ended September 2016, 29 per cent above N109.3 billion recorded…

FG Plans Tax relief For Manufacturers

  In its bid to ease the burden of the current economic recession on the manufacturing sector, The Federal Government is planning some form of tax relief for the sector.…

FG, States, LGs Share N420billion as October Allocation

A total of N420billion has been shared as Federal Allocation for the month of October 2016 by the Federal, State Local Governments after the monthly meeting of the Federation Account…

Ambode Redeploys Ashade As Commissioner For Finance

Lagos State Governor, Mr. Akinwunmi Ambode has redeployed the Commissioner for Economic Planning and Budget, Mr. Akinyemi Ashade to take over as the Commissioner for Finance.   In a statement…

FG, Dangote Sign Contract for Construction of Obajana-Kabba Concrete Road

Work is to commence in full on the construction of a 42.5 kilometres Obajana-Kabba Road in Kogi State, as the Dangote Group and the Federal Government on Tuesday, signed the contract document in…

CBN Not Part of Moves to Jail Currency Hawkers-Okorafor

The Central Bank of Nigeria has denied being a party to a legislation that seeks to bar citizens from holding foreign currencies for more than 30 days. The Nigerian Law…

Segun Oni Will Lead 6-member APC Team to Monitor Ondo Poll

The Deputy National Chairman (South) of the All Progressives Congress (APC), Engr. Segun Oni, will lead a six-member team from the party’s National Leadership to coordinate the party’s Situation Room…

Dansa Foods Processing Denies Owing AMCON, Writes Corporation

Dansa Foods Processing Company Limited on Monday vehemently denied owing Asset Management Corporation of Nigeria (AMCON) to the tune of N400 million. The company, through a release made available to…

Again, CBN Leaves MPR Unchanged at 14%

Again, the Central Bank of Nigeria (CBN) on Tuesday left the Monetary Policy Rate (MPR) unchanged, retaining it at 14 percent despite all the speculations by financial analysts that it…