NGX: Market Capitalisation Sheds N125bn
The Nigerian Exchange market closed on a negative note yesterday as selling pressure on the banking sectors persists.
Buhari Grants Seplat’s Acquisition Of Exxon Mobil Shares
President Muhammadu Buhari has accented to Seplat Energy Plc's acquisition of all the share capital of Mobil Producing Nigeria Unlimited.
2022 Edition Of The Annual Lagos International Trade Fair To Hold In November – LCCI
[ODUNEWS] August 8 – Celebrated as Nigeria’s premier, oldest and largest international trade fair, this year’s edition of the Lagos...
Nigerian Pension Fund Administrators Pay N49.5 Billion Taxes In 3 Years
[ODUNEWS] August 8 – Pension Fund Administrators (PFA) in Nigeria incurred a sum of N18.85 billion as income tax in...
LIRS Partners Deloitte To Boost Transparency, Accountability
The Lagos State Internal Revenue Service (LIRS) has partnered with audit firm Deloitte Nigeria to deepen transparency, and accountability and uphold a high standard in the administration of the tax system in the state.
Nigeria Flares $441.2m Worth Of Gas In H1’22
Gas flaring in Nigeria increased in the first half of 2022 as the worth of gas flared stands at $441.2 million between January and June 30, 2022, OduNews reports.
NASD OTC Investors Lose N30bn
Investors at the NASD over-the-counter (OTC) securities exchange recorded about N30bn loss last week - the 31st week of trading in 2022. Investors at the NASD over-the-counter (OTC) securities exchange recorded about N30bn loss last week - the 31st week of trading in 2022.
Jaiz Bank Half-year Profit Grows By 27.6%
Jaiz Bank Plc recorded a 27.6% increase in Profit After Tax (PAT) from N1.99 billion declared in June 2021 to N2.54 billion at the end of June 2022.
Banks’ Deposits With CBN Surge By 12%
Bank's deposits with the Central Bank of Nigeria continued to witness exponential growth hitting 12 per cent Year-on-Year (YoY) as of the end of July 2022.
Ecobank Gifts 100 Customers N50,000 Each In Super Rewards Season 3
Ecobank Nigeria has announced the names of 100 customers who won N50,0000 each in the ongoing Super Rewards season 3 monthly draw.
NGX Group Records N4.2bn Gross Earnings In H1’22
The Nigerian Exchange Group Plc (NGX Group) recorded N4.2 billion in gross earnings in the first half of 2022, OduNews reports.
Reports On Sale Of Polaris Bank False – Management
The management of Polaris Bank has denied reports making rounds that it is about to be sold by the Central Bank of Nigeria.
FirstBank Says Head Office, Branch Not Sealed
The management of FirstBank of Nigeria has debunked the reports that its head office and branch in Abuja have been sealed.
NASD OTC Investors Lose N18.9bn
Investors at NASD Over-the-counter Securities Exchange lost N18.9 billion in value on Thursday.
SEC Cautions Investors Against Unregistered Crowdfunding Platforms
The Securities and Exchange Commission has warned investors against patronising unregistered crowdfunding platforms.
FG To Generate N160bn From 5% Tax On Calls, Data
The Nigerian Government will generate N160 billion in revenue from telecom subscribers if it implements its planned 5% excise duty on telecom services, OduNews reports.
Nigeria Gets $1.5bn Loan From US For Solar Projects
The Federal Government of Nigeria has gotten a $1.5 billion loan from the US-EXIM bank to enhance the solar power infrastructure in 10 different locations in the country.
Firstmonie Agents Process 1bn Transactions Worth N22trn – First Bank
First bank of Nigeria Limited says its agent banking network, Firstmonie Agents, have processed transactions worth over N22 trillion since its inception in 2018.
Shell Nigeria Loses $1bn To Oil Theft In Four Months
Shell Companies in Nigeria says it lost $1 billion to oil theft in Nigeria between January and April 2022.
Naira Bounces Back At Forex Market
The Naira sustained its positive momentum against the dollar at the various forex market segments on Thursday after falling to a record low last week.