Businessam Staff
FMDQ becomes full blown securities exchange, to compete wholly with NSE, others
FMDQ Securities Exchange Plc on Monday formally launched its new status and corporate identity as a full fledge securities exchange…
State of Nigeria’s refineries shameful, says Mele Kyari
Mele Kyari, the group managing director of the Nigerian National Petroleum Corporation (NNPC), has bemoaned the non-functional state of refineries…
CBN unveils guidelines on disclosure, transparency for banks, others
The Central Bank of Nigeria (CBN) has issued fresh guidelines to give effect to the disclosure and transparency principle contained…
NAICOM says insurance companies cannot take loans for recapitalisation
The National Insurance Commission (NAICOM) says insurance companies cannot take loans to meet the newly introduced capitalisation requirement. Speaking on…
FG begins sale of savings bonds for August
The federal government on Monday offered for subscription two-year savings bond at 10.301 percent and three-year savings bond at 11.301…
Naira closes at N362.57 to dollar at investors window
The naira on Monday traded at N362.57 to the dollar at the parallel market in Lagos. Turnover at the window…
Investors gain N19bn as bulls rule market
The Nigerian Stock Exchange (NSE) crucial market indices resumed trading for the week on Monday with a growth of 0.14…
N1.04trn fine: Why we disagree with MTN — FIRS
MTN Nigeria has said it took the Federal Inland Revenue Service before the tax tribunal to seek clarification over its…
Wall Street headed lower as yuan slide deepens trade fears
U.S. stock index futures pointed to more losses on Monday as China’s yuan hit its lowest in a decade, spurring…
Lafarge Africa declares N9.1bn H1 PAT, reveals near term growth strategy
Lafarge Africa Plc, a member of the LafargeHolcim Group, has declared a net Profit After Tax (PAT) of N9.1 billion…
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