• national-bureau-of-statistics-640x330

    36 States Record N784bn Internal Revenue In 2016

    | Leave a comment

    A total of N784.129 billion was internally generated among the 36 states of the federation in 2016 with the largest contribution coming from Lagos State, according to data released by the National Bureau of Statistics (NBS) yesterday. A total of N317.79 billion was generated by 29 states that have reported their half year 2016 Internally…

    Continue Reading ...
  • kemi adeosun

    2017: Experts Chart Ways To Economic Recovery

    | Leave a comment

    …. GDP to grow by 1.2 per cent …Inflation may slide to 15 per cent Financial analysts have expressed optimism that the country’s economy would experience increased activities in 2017 if innovative macroeconomic policies are deployed by the government. Managing director and chief executive of Financial Derivatives Company Limited, Bismarck Rewane foresees the economy picking…

    Continue Reading ...
  • mmm-nigeria-480x437

    MMM Seeks Massive Online Publicity Ahead Of Jan 13

    | Leave a comment

    With 10 days  before the January 13,  date which online Ponzi scheme, MMM Nigeria, would resume operations after freezing accounts of its participants in December last year, the promoters of the scheme have called on participants to begin online publicity of the scheme ahead of its resumption. The scheme which has in its talons more…

    Continue Reading ...
  • CBN6

    Intervention Funds: CBN Reads Riot Act To Banks

    | Leave a comment

    The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has warned Participating Financial Institutions (PFIs) in the country against charging double-digit interest on intervention funds guaranteed by the apex bank. Mr. Emefiele who gave the warning in Abeokuta, Ogun state, during an interaction between the Presidential Task Force on Agricultural Commodities and Production and…

    Continue Reading ...
  • NSE ASI Continues On Growth Track, Gains By 0.09%

    | Leave a comment

    The Nigerian equities market, yesterday gained 0.09 per cent to consolidate the marginal gain recorded the previous day into the second day in a row. In summary, lead indicator, the All-Share Index (ASI) gained 23.45 absolute points, representing a growth of 0.09 per cent to close at 25,265.08 points. Meanwhile, the market capitalization gained N2…

    Continue Reading ...
  • Winners Emerge In Diamond Bank SavingsXtra Draw

    | Leave a comment

    More winners have emerged in the DiamondXtra draw where 41 lucky customers were rewarded with cash prizes and a star prize of a Hyundai SUV at the season eight grand finale draw held in Lagos. Speaking at the event which  held at the Oshodi branch of the bank, Head, Retail performance, Lagos/West district,  Chigozie Onyeocha…

    Continue Reading ...
  • No Going Back On Power Sector Privatisation-Fashola

    | Leave a comment

    The minister of power, works and housing, Babatunde Raji Fashola, has said that the Buhari administration would not revoke any contract but would respect and honour every contract which the federal government was committed to. Addressing investors on the privatisation of the power sector at the 5th EU-Nigeria Business Summit in Lagos, yesterday, Fashola said …

    Continue Reading ...

Daily Columns