Business news
The Nigerian Stock Exchange (“NSE” or “The Exchange”) hosted capital market stakeholders at a symposium tagged, “Finance Act 2019” at the Exchange, Lagos, on Monday, 03 February 2020. The event was held in collaboration with KPMG Nigeria to highlight the implications of Nigeria’s Finance Bill 2019 passed into law by the National Assembly in October […]
The Federal Government has said it would review the concession of silos that were leased to private firms in the country. The Minister of Agriculture and Rural Development, Alhaji Muhammad Nanono, said this during an inspection of facility at the 250, 000 capacity metric tonnes silos in Jahun Local Government Area of Jigawa State The […]
Poverty rate in more than half of the 36 states of the nation is above the national average of 69 per cent, the African Development Bank has said. The bank said this in its African Economic Outlook 2020 obtained by our correspondent in Lagos on Monday. In a section of the report on Nigeria, the […]
The Federal Government allocated 2.6 per cent of its total expenditure totalling N272.9bn to settle pending contract obligations in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. This is 148 per cent higher than the provision made in the 2019 budgets Ahmed said this in a presentation on, […]
The Ambassador of the People’s Republic of China to Nigeria, Mr Zhou Pingjian, on Monday, said the embassy had stopped issuance of visas for now. The News Agency of Nigeria reports that he also advised Nigerians planning to travel to China to suspend their plans pending when the spread of the virus would be contained. […]