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AugFG approves N5bn palliatives for every state to cushion effect of subsidy removal
The Federal Government has approved N5bn as palliatives for each state and the Federal Capital Territory (FCT) to enable them to procure food items for distribution to the poor in their respective states. Governor Babagana Zulum of Borno State disclosed this at the Presidential Villa, Abuja, shortly after the National […]
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AugStock market extends down trend by 0.47%
It was yet another bearish session on the floor of the Nigerian stock market on Wednesday as downtrend extended on profit taking by investors. The All Share Index dropped by 0.47% to close at 64,625.28 points from the previous close of 64,928.98 points. The Market Capitalisation grew by 0.04% to[…]
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AugMarketers kick as FG rules out further fuel price hike
Oil marketers, on Tuesday, advised President Bola Tinubu to gradually relax the removal of subsidy on Premium Motor Spirit, popularly called petrol, following the inability of importers to access the United States dollars and the impact which this was having on businesses. This came as Tinubu ruled out fuel price[…]
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AugEcobank to Promote Ease of Cross-Border Business through Foreign Currency Transfer on Its Mobile and Omnilite Apps
Ecobank has reiterated that the introduction of Foreign Currency transfer on Ecobank Mobile and Omnilite app is to promote and facilitate ease of cross-border business and financial transactions, stressing that it would be of immense benefits to individuals and small businesses across Africa. Ecobank Nigeria recently said its customers can[…]
