Expert Wants FG to Reduce Import Duties on Raw Materials
Expert Wants FG to Reduce Import Duties on Raw Materials An Expert in Power, Mr Kunle Olubiyo, has appealed to the Federal Government to reduce customs import duties and other…
BUA Group Kicks Off N250m Projects For Al-Qalam University, Katsina
BUA Group Kicks Off N250m Projects For Al-Qalam University, Katsina Abdul Samad Rabiu (ASR) Africa, an affiliate of BUA Group of Companies, turned the sod of a N250 million Administrative…
US Dollar Weakens Against Major Currencies Ahead of Data Release
US Dollar Weakens Against Major Currencies Ahead of Data Release The US dollar declined against its major trading partners early Thursday, except for a small uptick versus the yen, ahead…
Recapitalization to Shake Up Banking Sector – S&P
Recapitalization to Shake Up Banking Sector – S&P S&P Global Ratings said that the increase of banks’ minimum paid up capital to N 500 billion or approximately $380 million from…
Nigeria to Issue US Dollar Bonds in Q2 – Edun
Nigeria to Issue US Dollar Bonds in Q2 – Edun The Federal Government of Nigeria (FGN) has revealed plans to start issuing domestic foreign currency-denominated bonds from the second quarter…
Mineral Extraction Threatens Great Apes Across Africa
Mineral Extraction Threatens Great Apes Across Africa More than a third of the great ape population in Africa is endangered by mining, according to a new study. The threat to…
Naira Still Largely Undervalued – Renaissance Capital
Naira Still Largely Undervalued – Renaissance Capital Nigerian naira remains largely undervalued, Renaissance Capital said in its latest report. Renaissance Capital Africa says at the March 28 level of N1,303/$,…
Equities Investors Lose N190bn as Market Sentiment Shifts
Equities Investors Lose N190bn as Market Sentiment Shifts Equities investors in the Nigerian stock market recorded more than N140 billion daily loss on Wednesday due to shifting market sentiment. Following…
Naira Races to Beat Goldman Sachs Forecast
Naira Races to Beat Goldman Sachs Forecast The exchange rate appreciated further midweek as the Nigerian naira continued to claw back previous losses sustained in the forex markets. At the…
UK Urges Social Media Platforms to Protect Children’s Privacy
UK Urges Social Media Platforms to Protect Children’s Privacy The UK’s data protection regulator has urged social media and video-sharing platforms to do more to protect children’s privacy online. The…