Finance

Nigerian govt targets $10bn investment in oil & gas sector

Nigerian Government aims to attract about $10 billion worth of investment by signing the consolidated guidelines for implementing Fiscal Incentives for the Oil & Gas Sector. A statement on Tuesday…

Your Trusted Source for Accurate and Timely Updates!

Adamimogo FM Nigeria: A vibrant tapestry of dreams, a powerful conduit for unity, and a platform that sparks inspiration. With every broadcast, we aim to light the way forward, connect hearts, and empower voices across South West Nigeria, and beyond. Tune in, and be part of something truly transformative.
- Advertisement -
Ad image

2027 Presidency: Jerry Gana Leads PDP Search for Candidate, Reaches Out to Peter Obi

One of the founding members of the Peoples Democratic Party (PDP), Professor Jerry Gana, has…

By

Education Minister Endorses Drug Tests for Tertiary Students, Curriculum Review on Drug Education

The Minister of Education, Dr Tunji Alausa, has expressed full support for the implementation of…

By

Canada Joins France, UK in Move to Recognise Palestinian State by September

Canada has announced plans to formally recognise a Palestinian state by September, making it the…

By

Oyo Government Denies Replacing Gbagi Market Car Park with Shops, Describes Claims as False

The Oyo State Government has refuted claims that it demolished a car park at the…

By

NNPC Reaffirms Commitment to Refinery Repairs, Rules Out Sale of Port Harcourt Plant

The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed it is seeking additional funding…

By

Oyo Govt Debunks Claims On Converting Bola Ige Market Carpark To Shops

The Oyo State Government has debunked allegations that it has replaced the car park at…

By

Just for You

Ex-Presidential Aide Imoukhuede Mourns Buhari, Hails Leadership, N-Power Legacy

The former Senior Special Assistant to the President on Job Creation and Youth Employment, Afolabi…

AAC Demands Cancellation of Lagos LG Poll, Alleges Widespread Irregularities

The African Action Congress (AAC) in Lagos State has called for the immediate cancellation of…

Remi Odunsi Rallies Support for Female APC Candidates in Ikosi-Isheri, Agboyi-Ketu, Urges Youths to Vote in Lagos Council Elections

  Ahead of Saturday’s local government elections in Lagos State, Executive Director of the Remi…

Exam Malpractices: Oyo Reiterates Ban on Meta Glasses, Phones in Schools

The Oyo State government has reaffirmed its ban on mobile phones, smart watches, including Meta…

Lasted Finance

Foreign loans drive up capital importation by 19% to $330m

Increased loan inflows improved capital importation into Nigeria in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million…

Net forex inflow into economy falls 39% to $2.37bn

Net foreign exchange inflow into the economy fell by 39 per cent Month-on-Month, MoM, to $2.37 billion in January from $3.91…

No plan to revoke Wema, Polaris, Unity, Fidelity licences — CBN

The Central Bank of Nigeria yesterday said there are no plans to revoke the operating licenses of Fidelity Bank, Wema…

Stock investors gain N619bn in May despite rates hike

The equities market defied the persistent hike in interest rate by the Central Bank of Nigeria, CBN, at the end of…

Nigeria must leverage national assets to attract forex inflow — Teriba

Nigeria must levrage on its national assets in order to attract foreign exchange inflows and build huge external reserves needed to…

Presidential tax committee recommends N800/$ Customs duty rate

The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty…

GDP not enough to measure economic growth — AfDB

Dr Akinwumi Adesina, the President of the African Development Bank (AfDB), says an increase in the Gross Domestic Product (GDP)…

EFCC invites Kwankwaso over alleged N2.5bn pension fraud

The Economic and Financial Crime Commission is probing a former Kano State Governor, Rabiu Kwakwanso, over alleged N2.5bn pension fraud.…

Naira appreciates to N1,375/$ in parallel market

The Naira yesterday appreciated in the parallel market to N1,375 per dollar from N1,500 per dollar on Tuesday. But the…

Nigeria’s e-commerce industry estimated to hit $14.92bn by 2029

Nigeria’s e-commerce industry has been forecast to grow at a  compound annual growth rate (CAGR) of 11.82% to $14.92bn in 2029.…