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Finance & Economy - Page 330

Ajaero’s Arrest By DSS ‘A Brazen Act Of Lawlessness, Intimidation’ – NLC

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

The Nigeria Labour Congress (NLC) has opposed plans by the federal government to grant a ₦3 trillion bailout to privately owned electricity generation companies, arguing that the move will not resolve the country’s power supply challenges. In a statement signed by its

February 20, 2026

Finance & Economy

Stock Market: SOVRENINS, FTNCOCOA Top Equities Gainers Chart

SOVRENINS and FTNCOCOA ended as top two gainers of equities on the Nigerian Exchange Group NGX, on Thursday July 15, 2021. To top the chart today, SOVRENINS closed with N0.33 as against N0.30 on Wednesday, gaining N0.03 which was a change of

July 15, 2021

Finance & Economy·News

Senate Approves President Buhari’s Request For $8.325m, €490m External Loans

The Senate on Thursday approved yet another of President Muhammadu Buhari’s requests for ongoing external loans to the tune of $8,325,526,537 (USD) and €490,000,000 (Euros) under the 2018-2020 External Borrowing (Rolling) Plan. The approval followed the consideration of a report on the

July 15, 2021

Finance & Economy·News

House of Reps Okays Pay-as-you-go for Multichoice Consumers

Recall that, last week, The Federal Inland Revenue Service (FIRS) said that Multichoice Nigeria has since its start evaded tax in Nigeria is said to be owing up to N1.8 trillion. Although, the The House of Representatives has adopted a pay-as-you-go and

July 15, 2021

Finance & Economy·News

House Of Reps Okays Pay-As-You-Go For DSTV, Others

The House of Representatives has approve the adoption of pay-as-you-go for DSTV and other cable satellite operators in the country. The approval came following the recommendations of the Ad–hoc Committee on Non–Implementation of Pay–As–You–Go and sudden Increment of Tariffs plan by Broadcast

July 15, 2021

Agro-Economy·News

IFAD Empowers 104 Enugu Farmers With Funding Interventions

The United Nations’ agency, International Fund for Agricultural Development is making funding interventions through its private sector financing programme, designed to promote increased investment into small-scale agriculture especially in rural communities in developing countries. This is part of IFAD’s efforts to combat

July 15, 2021

Finance & Economy·News

China Warns Of Economic Headwinds Despite Moderate Q2 Revovery

THE rising pace of China’s economic recovery notwithstanding, the Asian giant early Thursday morning warned of economic headwinds and uncertainty. Its economy ‘appreciated’ modestly in the second quarter of 2021 after showing signs of sluggishness. The signs of economic recovery in the

July 15, 2021

Finance & Economy·News

Governors Approve Uniform Template For Financial Autonomy In States

The Nigeria Governors’ Forum (NGF) has approved a uniform template for the implementation of the Memorandum of Action on financial autonomy for State legislatures and judiciary. The forum disclosed this in a communiqué signed by its Chairman and Ekiti State Gov. Kayode

July 15, 2021

Supreme Court Grants Financial Autonomy To LGs, Bars Govs From Dissolving Councils

Oil & Gas

Supreme Court Orders FG Not To Cede 17 Oil Wells To Imo

The Federal Government of Nigeria has been restrained by an order from the Supreme Court not to cede the 17 disputed oil wells to Imo state. The Supreme Court, on Wednesday, issued an injunction to halt the Federal Government plan to cede

July 14, 2021

Finance & Economy

CAPHOTEL, NCR Top Gainers Chart For Equities On NGX

At the close of business on Wednesday July 14, 2021, CAPHOTEL and NCR emerged top gainers for equities on the Nigerian Exchange Group. To top the chart, CAPHOTEL closed the day with N2.64 as against N2.40 on Tuesday, making a gain of

July 14, 2021

Finance & Economy

Miriam Olusanya Replaces Agbaje As GTBank Managing Director

Miriam Olusanya has replaced Segun Agbaje as Managing Director of Guaranty Trust Bank. Her appointment was disclosed in a notice to the Nigerian Exchange Group Limited (NGX) which was signed by the company’s secretary, Erhi Obebeduo. With this appointment, Olusanya becomes the

July 14, 2021

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Finance & Economy - Page 330

NLC Rejects Federal Government’s ₦3 Trillion Power Sector Bailout

Stock Market: SOVRENINS, FTNCOCOA Top Equities Gainers Chart

Senate Approves President Buhari’s Request For $8.325m, €490m External Loans

House of Reps Okays Pay-as-you-go for Multichoice Consumers

House Of Reps Okays Pay-As-You-Go For DSTV, Others

IFAD Empowers 104 Enugu Farmers With Funding Interventions

China Warns Of Economic Headwinds Despite Moderate Q2 Revovery

Governors Approve Uniform Template For Financial Autonomy In States

Supreme Court Orders FG Not To Cede 17 Oil Wells To Imo

CAPHOTEL, NCR Top Gainers Chart For Equities On NGX

Miriam Olusanya Replaces Agbaje As GTBank Managing Director

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