Saturday, May 2, 2026
Cabotage fund hits N72.4bn as FG sets up disbursement c’ttee
By Samson Echenim Nigeria's Cabotage Vessels Financing Fund (CVFF) has reached $200 million (about N72.4 billion), Rotimi Amaechi, minister of...
Read moreDetailsFutures point to lower on worsening China virus concerns, mixed earnings
US stock index futures edged lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a...
Read moreDetailsLagos, Rivers, A’Ibom, Delta, C’River top states’ indebtedness list
Lagos, Rivers, Akwa Ibom, Delta and Cross River States are the leading debtor-states in the country, according to the latest...
Read moreDetailsRefineries posted N123.3bn loss in 10 months – NNPC
The country’s refineries under the management of the Nigerian National Petroleum Corporation made a cumulative loss of N123.25bn from January...
Read moreDetailsHoneywell, Law Union, AIICO top gainers’ chart on Wednesday
Despite the bearish nature of trade at the Nigerian Stock Exchange on Wednesday, the shareholders of Law Union, AIICO Insurance, Honeywell...
Read moreDetailsChina coronavirus could push oil down by $3
The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd,...
Read moreDetailsNigeria, UK investors sign N153.4bn trade deals
Nigeria and the United Kingdom (UK) investors signed business deals worth over £324 million (N153.4) billion that will help to...
Read moreDetailsSubsidy may rise as fuel marketers demand higher margins
The federal government may have to spend more on petrol subsidy as oil marketers in the country have called on...
Read moreDetailsPFAs invest N7.40tn in FG securities, infrastructure
About N7tn of the N9.99tn pension fund assets has been invested in the federal government securities by pension fund administrators....
Read moreDetailsInvestors lose N128bn, dump banks’ shares
Investors in the nation’s equity market lost a total of N128bn as the equities market reversed gains recorded in previous...
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