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Petrol stations across the country, yesterday, adjusted their pumps to reflect the hike in the ex-depot price of the Premium Motor Spirit, PMS, by the Petroleum Products Marketing Company, PPMC, with some of the stations raising the price to as high as N161 per litre.
South Africa will increase the amount of debt on sale at its weekly auctions by nearly 2 billion rand ($109 million) to cover a budget deficit set to increase sharply due to the coronavirus stimulus package announced by President Cyril Ramaphosa.
The African Development Bank Group, AfDB, has appointed Nourredine Lafhel as acting Chief Risk Officer, effective 6th April 2020.
The increase of the Value Added Tax (VAT) rate from 5 per cent to 7.5 per cent has taken effect following the signing into law the Finance Bill, 2019, by President Muhammadu Buhari on Monday.
Dividends paid from the profits of oil companies will no longer be tax-exempt if the finance bill submitted by President Muhammadu Buhari is passed by the national assembly.
Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.
House of Representatives Speaker Femi Gbajabiamila on Thursday announced the chairmen of the 109 standing committees.
Access Bank Plc yesterday listed its N15 billion Green Bond on the FMDQ OTC Securities Exchange and the Nigerian Stock Exchange (NSE). The Bond is the first of its kind to be issued by an African corporate and represents a major milestone in the development of the local green finance market. It is a 5-year 15.5 per cent Fixed Rate Senior Unsecured Green Bond due 2024.
Ecobank Group has appointed Arunma Oteh, former treasurer of the World Bank, to its board of directors as a non-executive director.
Critical steps required to deepen Nigeria’s debt market was the focus of discourse in Lagos as the Annual Bonds, Loans and Sukuk Nigeria Conference was held in the Nigerian commercial capital on November 6, 2018 at the Eko Convention Centre.
President Muhammadu Buhari said his administration is committed to having a new national minimum wage, as he received a report of the Tripartite Committee set up by his government a year ago.
All Progressives Congress, APC, governorship aspirant in Nasarawa State, Alhaji Aliyu Wadada, has faulted the idea of zoning elective offices saying it should be jettisoned because it is ‘undemocratic.’
As Facebook stock plunged over 20 per cent in after-hours trading on Wednesday following a disappointing earnings report, CEO Mark Zuckerberg lost $17.6bn in net worth.
Disturbed by the perennial scarcity of water in some parts of the country, the Federal Government has declared a state of emergency to scale up the availability of water through the implementation of action plan.
The African Development Bank says it has approved $10 million equity investment in the financial sector deepening fund to strengthen the capital base of local financial institutions.
Nigeria’s record holder in the men’s 200m, Divine Oduduru, has launched his Foundation in the country while reaching out to the needy in his community.
Italy national team head coach Roberto Mancini believes the Scudetto fight ‘will be the same’ but added that Napoli seem to be competitive following the acquisition of Victor Osimhen and other players into their squad.
The President described Zulum’s humanitarian response including the provision and distribution of palliatives for internally displaced persons in the state as “exemplary, unique and selfless”.
The Executive Vice Chairman of the Nigeria Communications Commission (NCC), Umar Garba Dambatta, has said that the contribution of the Telecommunication sector to the country’s Gross Domestic Product (GDP) has risen from 8.5 per cent in 2015 to 14.3 per cent as at September this year amounting to N2.272 trillion.
Barcelona coach Ronald Koeman was full of praise for Antoine Greizmann after victory at Juventus.
Former Malian president Ibrahim Boubacar Keita returned to Bamako on Thursday after more than a month in the United Arab Emirates where he was receiving medical attention.
Hoodlums in Onitsha, Anambra, have destroyed the statue of Nigeria’s first president Dr. Nnamdi Azikiwe, erected in the city.
The Police Command in Yobe on Sunday said that its personnel had killed six suspected Boko Haram terrorists who earlier attacked Babbangida town in Tarmuwa Local Government Area of the state.
Eric Garcia remains determined to leave Manchester City.
The Chairman Southeast Governors’ Forum and governor of Ebonyi State, Chief David Umahi, yesterday called on the federal government to convoke new national conference to discuss the agitations of the #EndSARS protesters and other issues affecting the country.