Home BUSINESS

BUSINESS

This is where you read the latest in Nigeria Business News, read Nigeria banking and finance news, oil&gas news, insurance, pension, brands news etc. Newsverge.com

Shares maintain free fall, indices down by 0.49%

NSE drops to 27,000 mark, amid Seplat losses

The All-Share Index of the Nigerian Stock Exchange (NSE) on Thursday reached all time low of 27,864.49 due to sell pressure in Seplat and...
FG offers 2, 3-year savings bonds at 11.74%, 12.74% for May

N145bn worth of bonds to be auctioned July 24 – DMO

The Federal Government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the Debt Management Office (DMO)...
JTB unveils South-West TIN, targets 45m taxpayers by Q3 – Fowler

JTB unveils South-West TIN, targets 45m taxpayers by Q3 – Fowler

The Joint Tax Board (JTB) Chairman, Mr Tunde Fowler, on Thursday unveiled the South West Regional National Tax payer Identification Number (TIN). Fowler said, at...
NFIU, NCC to sign MoU for collaboration to detect financial infractions

NFIU, NCC to sign MoU for collaboration to detect financial infractions

The Nigerian Financial Intelligence Unit (NFIU) is set to sign a Memorandum of Understanding (MoU) with the Nigerian Communications Commission (NCC) to open vista...
OPEC, others commend Buhari for appointing Kyari NNPC GMD

FG to supply 10% of India crude demands

The Nigerian National Petroleum Corporation (NNPC) says it will continue to supply 10 per cent of India’s crude oil demand in the...
Hero lager presents "Echefula", Never Forget Your Identity

Hero lager presents “Echefula”, Never Forget Your Identity

Hero lager, a leading quality beer brand from the stable of International Breweries Plc, a proud part of the AB InBev family, has kicked...
Naira exchanges at N359.4 to dollar at parallel market

Naira exchanges at N361.16 to dollar at investors window

The naira on Wednesday exchanged at N361.16 to the dollar at the investors window. Market turnover at the window stood at 279.72 million dollars. The naira...
NSE maintain bearish trend despite listing of Ellah Lakes additional shares

NSE All-Share Index dips 0.56%

The Nigerian equities market on Wednesday sustained its bearish run with 0.56 per cent following losses in 26 stocks. Our correspondent reports that the All...
Poverty responsible for social vices – Moghalu

Lagos accounting for 70% of credit in Nigeria unacceptable – Moghalu

Prof Kingsley Moghalu, a former Deputy Governor of Central Bank of Nigeria (CBN), says Lagos accounting for 70 per cent of credit facilities in...

Red Star Express announces upcoming AGM

Red Star Express Plc has disclosed that its 26th Annual General Meeting (AGM) will be held on August 8th 2019, at the MUSON Centre,...