THE Chairman of the Special Presidential Panel for Recovery of Public Property, Mr. Okoi Obono-Obla, noted in a NAN report on (September 7, 2018), in Abuja, Read more

The pension fund has hit N8.5 trillion and it keeps rising. What should be done with this huge cash reserve? National Pension Commission (NPC) Acting Director-General Mrs Aisha Dahir-Umar urges caution in investing the fund, Read more

Nosak Group of Companies, a firm with interest in agribusiness, financial service, manufacturing, real estate and retail business, has held its Annual Group Management Retreat in Lagos, to review its activities in 2018, set agenda for 2019 and leverage on its comparative advantage. Read more

Nigeria’s second largest telecommunications operator, Globacom, on Friday unveiled several brand new products Read more

Findings have revealed that investors in the nation’s stock market lost a total of N326bn in January. Read more

In 2016, Coca Cola Company and Tropical General Investments Group (TGI Group) – the holding company of Chi Limited – had announced a binding agreement which saw Coca-Cola Company acquire an initial minority equity shareholding in Chi Limited with plans to increase ownership to 100 percent within three years, subject to regulatory approvals. Read more

Stakeholders in the oil and gas sector yesterday faulted the Minister of State for Petroleum Resources, Ibe Kachikwu, and the Nigerian National Petroleum Corporation (NNPC) on reason advanced for the prolonged delay in fixing the nation’s dilapidated refineries. Read more

Concession Regulatory Commission, ICRC, and Dangote Group, yesterday, advised the Federal Government to hands off the running of the country’s refineries and instead concession the facilities, allowing private sector participation. Read more

Minister of State for Petroleum Resources, Mr. Ibe Kachikwu, said the Federal Government has commenced the tracking of Nigeria’s crude oil output and is currently working with the Economic and Financial Crimes Commission, EFCC, to track vessels lifting crude oil from the country. Read more

The CBN issued the directive in a circular posted on its website on Tuesday and signed by Mr Sam Okojere, Director of Payments System Management Department. Read more

The Nigerian stocks market lost 0.26 per cent amid profit taking activity to opened trading activities for this week. Read more

WASHINGTON/HONG KONG (Reuters) – Huawei’s CFO “should not be a hostage” in Sino-U.S. relations, her lawyer said on Tuesday, after the United States announced criminal charges against herself and the Chinese firm just days before crunch trade talks with Beijing. Read More

The President/Chief Executive, Dangote Group, Aliko Dangote, has said that his investment in refining, petrochemicals, fertilizer and gas  were largely driven by the desire to bring innovation and efficiency into all aspects of Nigeria’s oil and gas sector. Read more

In the next one year, barring unforeseen circumstances, the ongoing $11 billion (about N4 trillion) petrochemical and fertiliser projects that Aliko Dangote, Africa’s richest man, embarked upon some 18 months ago would be expected to start running, which is expected to transform the economy. Read more

Globacom has entrenched its position as market leader in the industry as it emerged the second largest telecoms operator at the end of 2018. Read More

WorldStage Newsonline — The Federation Accounts Allocations Committee (FAAC) on Friday distributed  N649.198 billion to the three tiers of government as revenue for December 2018. Read more

The Central Bank of Nigeria on Wednesday issued banknotes fitness guidelines to commercial and microfinance banks to sustain public confidence in the nation’s currency. Read more

WorldStage Newsonline– The Monetary Policy Committee (MPC) of the Central Bank of Nigeria rose today from its first meeting for fiscal 2019 (21st and 22nd January, 2019) with decisions to keep the policy parameters unchanged from their current levels, Monetary Policy Rate (MPR) retained at 14 per cent; asymmetric corridor of +200/-500 basis points around […]

Central Bank of Nigeria (CBN) Governor Godwin Emefiele has warned that the Peoples Democratic Party (PDP) presidential candidate’s suggestion that the exchange rate should be free float is a recipe for disaster. Read more

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday cautioned the federal government on the sharp increase in the size of the nation’s external debt which rose by 109 percent to $21.6 billion as at September 30th 2018, from $11.28 billion on June 30th, 2015. Read more