All posts by BusinessNews Staff

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  Stanbic IBTC, CSL, Rencap Securities top trading in 7months

  As the Nigerian capital market continues to await the economic direction of the President Muhammadu Buhari administration, the Nigerian Stock Exchange has disclosed that 10 top stockbroking firms accounted for 67.50 per cent of the value of...

  • Posted August 10, 2015
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  Experts predict tighter regulatory regime in insurance industry

  Industry experts have predicted a tough regulatory regime in the insurance sector of the economy following the appointment of Alhaji Mohammed Kari as the new Commissioner for Insurance (CFI) and Chief Executive of the National Insurance Commission...

  • Posted August 10, 2015
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  FIRS adopts new strategies to recover unpaid taxes

  As the current administration plots better ways of boosting its revenue generation through improved yields from taxation, Acting Chairman of the Federal Inland Revenue Services (FIRS), Mr. Sunday Ogungbesan,  said  his agency had decided to adopt a...

  • Posted August 10, 2015
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  Fight oil theft to standstill – Group urges FG

  A non-governmental organisation, Civil Society Legislative Advocacy Centre (CISLAC) has urged the federal government to fight the problem of oil theft to a final stop. The call is coming against the background that Nigeria is among the...

  • Posted August 10, 2015
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  We can’t stop power failure in two years — Discos

  Despite the recent increase in power generation, the country may still be far from experiencing power failures as electricity distribution companies have said the rot in the sector cannot be cleared in two years. Nigeria’s power generation...

  • Posted August 10, 2015
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  FIRS realizes N1.97trn revenue in 6 months

  The Federal Inland Revenue Service (FIRS) says it generated N1.97 trillion in revenue in the first half of this year. Its Acting Executive Chairman, Mr Sunday Ogungbesan, made the disclosure at in Lagos at the weekend. He...

  • Posted August 9, 2015
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  Kachikwu redeploys NNPC’s Head of Crude Oil Marketing

  The Head of Crude Oil Marketing at the Nigerian National Petroleum Corporation, Gbenga Olu Komolafe was on Friday re-assigned as the new Group Manager, Special Duties, a statement from NNPC said. His position has been temporarily filled...

  • Posted August 9, 2015
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  CBN to revive textile industry

  In line with its resolve to support the revitalisation of critical sectors in the economy as well as to promote locally made goods, the Central Bank of Nigeria (CBN) on Friday initiated a meeting that would lead...

  • Posted August 9, 2015
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  Buhari’s approval delays NNPC director’s appointments

  President Muhammadu Buhari’s silence following the recent sacking of eight Group Executive Directors of the Nigerian National Petroleum Corporation has continued to delay the appointment of new directors,Saturday PUNCH has learnt. One of our correspondents learnt that...

  • Posted August 9, 2015
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  DPR behind sale of petrol above N100 –Marketers

  Independent petroleum marketers on Friday said Premium Motor Spirit, popularly called petrol, would continue to sell above N100 per litre in retail outlets because of the insincerity of officials of the Department of Petroleum Resources in monitoring...

  • Posted August 9, 2015
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