2 business ideas you can start in December period that can get you a good profit

December is a month where people prepare for the following months which is another year. Christmas and a new year are celebrated in some Nigerians home every December and some things will be put in place before the days. Here are 2 business ideas that its demand may rise in the December period: 1. Cooking … Continue reading 2 business ideas you can start in December period that can get you a good profit

Nigerian exchange group marks 60th anniversary

Nigerian Exchange Group commemorates 60th anniversaryThe NGX officially commenced operations on August 25, 1961, as the Lagos Stock Exchange, after it was founded on September 15, 1960.The NGX Group chairman, Otunba Abimbola Ogunbanjo, while commemorating the milestone, paid tribute to the original subscribers to the articles of association.He named them as, “R.S.V. Scott, representing C.T. … Continue reading Nigerian exchange group marks 60th anniversary

Fintech can transform capital market, says NGX

Fintechs can transform capital market, says NGXThe Chief Executive Officer of the Nigerian Exchange Limited, Mr Temi Popoola, has said financial technology companies have a huge potential to transform the capital markets and effectively build a digital economy.He said this at the 2021 National Workshop of the Chartered Institute of Stockbrokers where he was represented … Continue reading Fintech can transform capital market, says NGX

FDC predicts 2.6% GDP growth for Nigeria in Q2

FDC predicts 2.6% GDP growth for Nigeria in Q2Chief Executive Officer of Financial Derivatives Company, Bismarck RewaneFinancial Derivatives Company Limited has said the Nigerian economy is expected to grow by 2.6 per cent in the second quarter of this year, up from 0.51 per cent in Q1.Analysts at Lagos-based FDC, led by an economic expert, … Continue reading FDC predicts 2.6% GDP growth for Nigeria in Q2

Grid collapse followed drop in system frequency, says TCN

Grid collapse followed drop in system frequency, says TCNPower generation increased to 3,910 megawatts on Tuesday morning following the restoration by the Transmission Company of Nigeria of the national grid which had collapsed the preceding day.The TCN explained that the grid collapse, the second time within a period of one month, followed a sudden drop … Continue reading Grid collapse followed drop in system frequency, says TCN

IBEDC to invest N91 billion to improve network, others in 5 years

IBEDC to invest N91 billion to improve network, others in 5 yearsOut of the N91 billion intended investment, the sum of N18.2 billion would be invested on network expansion alone in 2021.The management of Ibadan Electricity Distribution Company (IBEDC) says it plans to invest N91 billion to improve network, meter customers and automate operations in … Continue reading IBEDC to invest N91 billion to improve network, others in 5 years

Italy is selling beautiful houses for as low as N483 each, reveals when the offer will end

Italy Is Selling Beautiful Houses for As Low as N483 Each, Reveals When Offer Will End The global community is still amazed to get to know about property prices in the Italian town of Maenza, where one can be got for €1 (N483.28) According to the latest media reports, mayor Claudio Sperduti says more families … Continue reading Italy is selling beautiful houses for as low as N483 each, reveals when the offer will end

3% to host communities more than 30% profit share for oil exploration in Sokoto, others- Kyari

3% to host communities more than 30% profit share for oil exploration in Sokoto, others –KyariGroup Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, says the 3% operating expense allocated to host communities in the recently assented Petroleum Industry Act 2021 is more than the 30% profit share for oil exploration in the … Continue reading 3% to host communities more than 30% profit share for oil exploration in Sokoto, others- Kyari

EFCC tells Nigerian Banks to Query their Customers’ Sources of Income

EFCC Tells Nigerian Banks to Query Their Customers’ Sources of Income Nigerian banks have been urged to screen their potential customers to ensure that they are not recipients of slush funds EFCC boss, Abdulrasheed Bawa, tasked the banks to be more prudent and watchful when engaging new customers The financial institutions' were also warned that … Continue reading EFCC tells Nigerian Banks to Query their Customers’ Sources of Income

Forex transactions at investors, exporter’s window fall 24.56%

Forex transactions at investors, exporters’ window fall 24.56%Foreign exchange transactions at the Investors’ & Exporters window declined by 24.56 per cent last week, according to FMDQ Securities Exchange Limited.The Central Bank of Nigeria had in April 2017 amid severe forex scarcity created the I&E window in a bid to boost liquidity in the forex market … Continue reading Forex transactions at investors, exporter’s window fall 24.56%