
BUSINESSPOST
NGX Index Down 0.06% On Sustained Profit-Taking In Banking Equities
More profit-taking in banking equities kept the Nigerian Exchange (NGX) Limited in the domain of the bears by 0.06 per cent on Thursday. The stock market could not find its way back to the green territory during the session despite the gains posted by the consumer goods and insurance indices. According to data obtained by Business Post… Read More
SUN
Shippers Council To Clampdown On Unregistered Port Service Providers
The Nigeria Shippers Council (NSC) has concluded plans to enforce registration for port service providers and users who fail to register on the council’s online portal by the third quarter of the year 2024. The Executive Secretary of the NSC, Mr. Pius Akutah, who was represented by the Director of Consumer Affairs of the Council, Cajetan Agu… Read More
THENATION
Federal Government Begins Conditional Grant Disbursement
The Minister of Industry, Trade and Investment, Doris Anite, yesterday announced that the federal government has officially commenced the disbursement process for the Presidential Cash Grant (PCG). Anite, writing on her official Instagram handle, stated that some of the programme’s beneficiaries have already received their grants, making the… Read More
DAILYTRUST
‘Banks Lost N10bn To Cyber Fraud In 2023’
Stakeholders in the banking and financial ecosystem, yesterday, decried the surge in cyber fraud as Deposit Money Banks (DMBs) lost N10 billion in the second quarter of 2023, representing almost 300 per cent year-on-year compared to the previous year. At a Mastercard forum convened to tackle fraud and cybersecurity threats in the… Read More
ECONOMY HEADLINES
PUNCH
Nigeria Aims To Boost Trade, Investment With G-24
The Federal Government has called for increased investments and trading partnerships from member countries of the Group of Twenty-Four. This appeal was made during the World Bank-IMF Spring Meetings in Washington DC by the Minister of Finance and Co-ordinating Minister of the Economy, Mr. Wale Edun, who was represented by the… Read More
N7.3tn Remitted To Federation Account In Six Months – RMAFC
The Revenue Mobilization Allocation and Fiscal Commission has disclosed that a total sum of N7.3tn accrued into the Federation Account between July and December 2023, indicating an increased revenue inflow. It said the amount shared by the Federation Account Allocation Committee was remitted to the Central Bank of Nigeria under the caption… Read More
VANGUARD
Tinubu’s Government Has Not Borrowed From CBN — Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, said yesterday that the Federal Government would pin down Ways and Means to deal with the problem of too much liquidity in the system. Fielding questions from journalists after a meeting with investors at the ongoing Spring Meetings of the IMF and World… Read More
POLITICAL HEADLINES
BUSINESSDAY
Money Laundering Allegation: Immigration Places Yahaya Bello On Watchlist
The Nigeria Immigration Service on Thursday placed the immediate past governor of Kogi State, Yahaha Bello on its watchlist after evading the Economic and Financial Crimes Commission (EFCC) declared him wanted over accusations of N80 billion fraud. The notice to this effect comes a few hours after the EFCC declared the former governor… Read More
TRIBUNE
PDP Governors United, Committed To Support Party Officials — Governor Bala
Bauchi State Governor and Chairman of the PDP Governors’ Forum, Senator Bala Abdulkadir Mohammed, has said that Governors under the umbrella of the PDP are united and poised to give support to all elected officials for the growth and development of Nigeria. Bala Mohammed was speaking during the PDP caucus meeting on Thursday… Read More
TECHNOLOGY HEADLINES
THENATION
NITDA, NIMC Partner On Digital Economy
The National Information Technology Development Agency (NITDA) has announced a collaboration with the National Identity Management Commission (NIMC) on National Public Key Infrastructure (PKI) and Digital Public Infrastructure (DPI) The partnership, it said was to enhance synergy between digital identity, payment ecosystems and secure… Read More