Capital

The Chief of Naval Staff, Vice Admiral Ibok-Ete Ibas says the Service was a constraint to reduce the budget and overhead expenditures for the 2021 fiscal year by N162.297 billion in line with Federal Government’s envelope system for the…

National Bureau of Statistics (NBS) on Wednesday disclosed that the total value of capital importation into Nigeria stood at $2.140 billion in the fourth quarter of 2018.This represents a decrease of 25.05 per cent compared to Q3 2018…

UNITED Capital Plc, a leading financial services group just launched its new, improved online investment platform, InvestNow. The company, which prides itself in being, innovative and customer-centric rolled out this platform as part of its…

FLOUR Mills of Nigeria (FMN) Plc has said it will strengthen its capital position with the on-going N39.9 billion rights issue.Flourmill is raising N39.9 billion by way of Rights Issue by offering 1.47 billion ordinary shares of 50 kobo…

TOTAL capital imported to Nigeria in the third quarter of 2017 was $4,145.1 million, more than double the inflow in the second quarter (Q2), representing an increased value of 147.5 per cent on a year-on-year basis.National Bureau of…

Lagos State governor, Mr Akinwunmi Ambode, on Tuesday presented cheques totalling N924.7million to 1,438 beneficiaries of the Employment Trust Fund (ETF) scheme initiated by his administration to provide entrepreneurs, artisans, traders and…

THE Senate has commenced a probe into allegations that some banks in the country are colluding with International Oil Companies (IOCs) to defraud the country.The joint committee on Finance, Trade and Investment, Gas, Petroleum Upstream,…

The Economic and Financial Crimes Commission, EFCC, and the Securities and Exchange Commission, SEC, have vowed to clamp down on fraudulent operators in the Nigerian capital market.Ibrahim Magu, Acting Chairman, EFCC, and his SEC…

Speaker, House of Representatives Yakubu Dogara on Friday said that the parliament would strengthen capital market laws to empower regulators to sanction erring operators.Dogara said this at a news conference in Lagos after ringing the…

A chieftain of the Social Democratic Party (SDP), in Oyo State, Mr Seyi Makinde, at the weekend, pledged to assist in boosting human capital development in the state through Man O’ War Nigeria.Seyi Makinde said this as the special guest…