C&I Leasing secures N3.24bn rights issue approvals from SEC
By Omobayo Azeez C&I Leasing Plc’s proposed rights issue to raise about N3.24 billion has been approved by the Securities ...
Thursday, June 25, 2026
Tag: Nigeria’s economy
Seaport stakeholders resent rising demurrages, charges
The key stakeholders in the shipping industry under the backing of Concerned Freight Forwarders and Transporters (CFFT) have shown their dissatisfactions ...
NDIC extends MMO subscribers’ maximum limit to N500,000
Following intense complaints from the Mobile Money Operators in the country, the Nigeria Deposit Insurance Corporation (NDIC) has extended its ...
Nigeria lost $42bn to oil theft in 10 years – NEITI
As per a verifiable reports from the Nigeria Executive Industries Initiatives, around $41.9bn worth of crude oil and refined products were ...
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of ...
NDDC’s N1bn a month super agent fee exposes its financial rot
Ben Eguzozie, in Port Harcourt Federal Government quango, the Niger Delta Development Commission (NDDC), is now locked in a financial ...
Greenwell, a fertilizer blending plant, sees upswing in product sales but energy costs weigh
Ben Eguzozie, in Port Harcourt Greenwell Technologies, a fertilizer blending plant located at Abak, the outskirts of Uyo, the Akwa ...
Capital market: Reps probe N126bn unclaimed dividends, unremitted tax
The House of Representatives has begun the investigation of unclaimed share dividends in the capital market valued at over N126.03bn. ...
Senate to review gas flaring penalties, urges govt on gas production
Tola Akinmutimi The Senate on Wednesday mandated its committee on gas to review upwards and recommend immediately penalties for defaulters ...
Foreign investment in equities rises to $9.48bn
By Moses Obajemu The value of the foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June ...
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