OANDO, Fidelity, Transcorp Drive Midday Loss On NGX
Equities market is currently trading negative due to selloffs in key stocks like Oando, Fidelity Bank and Transcorp Plc among other decliners.
This suggests that...
FG To Slash Cost Of Customs, FIRS Revenue Collection To 1%
By Yahaya Umar
Federal Government will soon introduce a law to cut the amount revenue-generating agencies take as cost of collection to 1%.
The move is...
NDIC Pledges To Recover N700bn Debts Owed Heritage Bank
…As First Bank recoups N456bn loan before liquidation
By Charles Ebi
Nigerian Deposit Insurance Corporation on Wednesday said it would go after debtors of Heritage Bank...
West Power To Sell Stake In Eko DisCo For $350mÂ
From Rotimi Asher, Lagos
West Power and Gas Ltd ,WPG, the core investor in Eko Distribution Company, is considering selling its stake to raise $350...
Water Transport Fares Rise To 45% Y-o-Y – NBSÂ
By Aliyu Galadima
Cost of waterway passenger transportation in Nigeria saw a significant rise, with the average fare increasing by 34.45% year-on-year, reaching N1,385.95 per...
