Tag: business news today

FG battles 6 oil firms for failure to remit N20 trillion  

The FGN has initiated moves to recover $62.2 billion from 6 oil firms that defaulted in the payment of revenue (arrears) due to the government. ...

How the CBN’s OMO restriction is affecting the market  

The Nigerian treasury market has been characterised by bearish sentiment. This has particularly been affecting tenured OMO securities, ...

CBN holds N30 billion NHIS funds in spite poor coverage of scheme   

The NHIS has over N30 billion with the Central Bank of Nigeria (CBN), after 14 years of operations and only 5% coverage in the country.  ...

Alert: CBN issues N847.4 billion treasury bills for Q1 2020 

CBN has published its Treasury Bills programme for January–March 2020, indicating that it planned to raise about ₦847.4 billion in cash. ...

Penalties: NSE makes over N143.6 million from banks, others in 2019 

NSE boosted its revenue with N143.6 million fines imposed on listed companies across banks, manufacturing, insurance sectors, among others. ...

9 easy steps to negotiate out of a bad loan

Anything more than that sets you on the path of financial crisis as the risk of default is mostly higher. But how then does one get out of financial c ...

Mr Biggs rebrands, launches new model restaurants across Nigeria  

Mr. Bigg’s has launched a new model restaurant across different states of the country to improve customer service experience. ...

CCNN utilising inorganic growth against Dangote Cement with Obu cement merger approval  

The Cement Company of Northern Nigeria (CCNN) has received approval of its shareholders to merge with Obu Cement Plc. ...