Felix OLOYEDE

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By Felix OLOYEDE On Friday, December 14th, 2018
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Minimum wage: Buhari tasks Govs on revamping Nigerian economy

President Buhari President Muhammadu Buhari has met with 36 governors in Abuja and tasked them on the need to redouble efforts to address infrastructure deficit in states in order to revamp the economy. Chairman More...

By Felix OLOYEDE On Friday, December 14th, 2018
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MDA’s TSA transaction stands at N13.35trn, CBN report

The Central Bank of Nigeria (CBN) says the migration of the Federal Government Ministries, Departments and Agencies (MDAs) to the Treasury Single Account (TSA) stands at N13.53 trillion. It added that this has led More...

By Felix OLOYEDE On Friday, December 14th, 2018
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Nigeria inflation rate accelerates to 11.28% in Nov.

Nigeria’s annual inflation rate rose to 11.28 per cent in November of 2018 from 11.26 percent in the previous month, underpinned on higher cost of food and housing and utilities, data released by the National More...

By Felix OLOYEDE On Friday, December 14th, 2018
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Afreximbank partners Nigeria on Intra-African trade with $1bn

Benedict Oramah, Afreximbank’s President The African Export-Import Bank (Afreximbank) has inaugurated a one billion dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand More...

By Felix OLOYEDE On Friday, December 14th, 2018
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Nigerian stock market migrates REITs, Closed End Funds from the Main Board

The Nigerian Stock Exchange (NSE) has migrated REITs and Closed End Funds (CEFs) to a separate board under Equities, effective December 17, 2018, it announced in a release on Friday. This follows an earlier notification More...

By Felix OLOYEDE On Friday, December 14th, 2018
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Seplat, NB drive Nigerian equity market upturn

Stockbrokers during a trading session at the NSE Activities closed for the week on the Nigerian Stock Exchange (NSE) on a positive trend following gains recorded by some highly capitalised stocks after two consecutive More...

By Felix OLOYEDE On Thursday, December 13th, 2018
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FG plans early implementation of minimum wage

Boss Mustapha, Secretary to Federation The Federal Government is working towards early implementation of new minimum wage which has caused a lot of controversies in recent times, Mr Boss Mustapha, the Secretary More...

By Felix OLOYEDE On Thursday, December 13th, 2018
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Govt eyes 2.2mbpd crude oil production by Jan. 2019, says Kachikwu

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu The federal government is targeting to grow the country’s crude oil production to 2.2 million barrel per day by the end of January, 2019, the More...

By Felix OLOYEDE On Thursday, December 13th, 2018
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Nigeria hits 31% broadband penetration

Nigeria’s broadband penetration has hit 30.9 per cent surpassing the 30 per cent recorded before November 2018. The Nigerian Communications Commission (NCC) confirmed the data produced by the National Broad Band More...