By Taiye Olayemi Highcap Securities Ltd. has attributed the N4.92 trillion stock market loss recorded last week to investor repositioning ahead of the anticipated Dangote Refinery and Petrochemicals Initial Public Offering (IPO). The Vice-President of Highcap Securities, Mr David Adonri, disclosed this in an interview with the News Agency ofContinue Reading
By Taiye Olayemi The Nigerian Exchange Group (NGX Group) says the anticipated Initial Public Offering (IPO) of Dangote Refinery and Petrochemicals is being positioned as an African investment opportunity. Chairman of NGX Group, Dr Umaru Kwairanga, disclosed this at the London Africa Summit on Friday, which focused on strengthening businessContinue Reading
New tax reforms will boost revenue collection, transparency- FRC ChairmanContinue Reading
By Vivian Emoni The Acting Chairman, Fiscal Responsibility Commission (FRC), Mr Charles Abana, says transparency, accountability and digital revenue management remain key tools for reducing revenue leakages and improving public fund management. Abana disclosed this in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja. HeContinue Reading
The shareholders of May & Baker Nigeria Plc have approved a total dividend of N862.617 million for the financial year ended Dec. 31, 2025.Continue Reading
By Okeoghene Akubuike The Federal Government has directed that no new public contracts should be awarded without confirmed funding, as part of efforts to improve project delivery across the country. Director-General of the Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, disclosed this on the sidelines of the Inaugural HostingContinue Reading
By Adeola Akinbobola Many consumers in the Federal Capital Territory (FCT), have commended the Abuja Electricity Distribution Company (AEDC) for the Meter Asset Provider (MAP) Refund token. Consumers in DeiDei, Dutse, Zuba, Kubwa, Kagini, said this in an interview with the News Agency of Nigeria (NAN) on Friday. The AEDCContinue Reading
By Okeoghene Akubuike Dr Adebowale Adedokun, Director-General, Bureau of Public Procurement (BPP), says procurement reforms under President Bola Tinubu’s Renewed Hope Agenda have reduced the Federal Executive Council’s involvement in routine contract approvals. Adedokun, who spoke at the Inaugural Hosting of “The Procurement Evolution” in Abuja on Thursday, said theContinue Reading
By Okeoghene Akubuike The Director-General, Bureau of Public Procurement (BPP), Dr Adebowale Adedokun, says Nigeria’s public procurement system has evolved into a strategic instrument of economic transformation, transparency and national development. Adedokun stated this in his address at the Inaugural Hosting of “The Procurement Evolution” on Thursday in Abuja. TheContinue Reading
By Lucy Ogalue The Federal Government has presented the Africa Quality Mark (AQM) certification to 220 Made-in-Nigeria products produced by 131 companies. The certification is part of efforts by the government to enhance the competitiveness of Nigerian goods in regional and continental markets. The Minister of Industry, Trade and Investment,Continue Reading
