Business

ICT stocks drive NGX growth further by N252bn

The nation’s bourse extended its upward movement on Tuesday with N252 billion gain as investors staked more money in Airtel…

3 years ago

Sylva: FG sets aside N250bn for autogas vehicle conversion

As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government has…

3 years ago

Buhari seeks reduction in FG, states’ allocation, increase in LGs’

The Federal Government has thrown its weight behind the clamour for the review of the vertical revenue allocation formula for…

3 years ago

NGX gains N644bn on Airtel, MTNN price appreciation

Transactions on the Nigerian stock market closed on a positive note with the market capitalisation gaining N644 billion to hit…

3 years ago

Danbatta to Senate: NCC’ll generate N632bn revenue in 2022

The Nigerian Communications Commission (NCC) is targeting revenue of N632.39 billion for the 2022 fiscal year. Executive Vice Chairman of…

3 years ago

Tony Elumelu Foundation to empower young entrepreneurs with $24m

The fortunes of 4,800 businesses across 54 African countries are about to change as the Tony Elumelu Foundation (TEF) is…

3 years ago

FG targets N150bn revenue from 5G spectrum auction

The Federal Government of Nigeria is to earn at least N150 billion ($394.8 million) from Fifth Generation (5G) spectrum auction. This…

3 years ago

$418m: No arbitrary deduction from states, LGs – Malami

The Federal Government has denied engaging in arbitrary deductions from FAAC allocations to States and Local Governments in its pursuit…

3 years ago

Dahiru Mangal mulls $600m cement factory in Kogi

Mangal Industries Ltd. signed an agreement with a Chinese firm, Sinoma, for the construction of a cement factory with capacity…

3 years ago

Apapa Customs Command generates N86bn revenue in October

The Apapa Area Command of the Nigerian Customs Service (NCS) said it collected a total of N86.02 billion as revenue…

3 years ago

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