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Fear as Yellow fever spreads

There was palpable tension in Enugu State on Monday following the report of a suspected Yellow Fever outbreak in three more local government areas of the state. Enugu State had been battling to contain the outbreak of the disease in two…

Why equities are rising, by NSE

The Nigerian Stock Exchange (NSE) has attributed the sustained jumpy appreciation in prices of Nigerian equities to smart thinking by investors hunting for improved returns and the general resilience of the Nigerian stock market. The…

Stock market gains N2.7tr in two months

The Nigerian Stock Exchange (NSE) recorded profit of N2.75trillion in the last two months (September and October 2020) following investors’ high demand for undervalued stocks. This is in spite of  the #EndSARS protests and the attendant…

Oil price rises 2% after falling to $36

The international oil benchmark, Brent crude, gained nearly two per cent early this week, shaking off earlier losses, as the United States heads into its presidential election. Brent, against which Nigeria’s oil is priced, had fallen…

Nigeria generates N424.71b VAT in Q3 2020

Nigeria’s value-added tax (VAT) collection increased from N327.2 billion recorded in Q2 2020 to N424.71 billion in Q3 2020, as other manufacturing sector led the pack with N47.07 billion remittance, according to  the National Bureau of …

Why we stopped airports concessioning – Rep

The House of Representatives Committee on Aviation has asked the Federal Government to suspend plans for the concession of four of the nation’s airports. The four international airports involved are  Lagos, Kano, Port Harcourt and Abuja,…