The Badagry Chambers of Commerce, Industry, Mines and Agriculture (BACCIMA) says the reopening of four land borders in parts of the country will boost trade between Nigeria and her neighbours and help the economy to grow. Mr Opeyemi Oke, the Director-General, BACCIMA, said this in an interview with the News Agency of Nigeria (NAN) on Read More…
With barely one week to Christmas, prices of perishable food items were observed to be plummeting, the News Agency of Nigeria (NAN) reports. This was based on a survey conducted by NAN in four major markets including Mile 12, and Oyingbo, on Saturday in Lagos. According to the survey, a 40 kilogramme (kg) basket of Read More…
Dr Ken Ukaoha, a trade and economic development advocate, has urged ECOWAS to ensure that trade and border related laws and policies within West Africa are implemented dutifully.. He made the call on Saturday in Abuja while reacting to the reopening of four land borders by the Federal Government on Wednesday. Nigeria shut its land Read More…
The Federal Inland Revenue Service (FIRS) says it has generated N4.178 trillion revenue in the last 10 months. The Executive Chairman of the service, Mr Muhammad Nami, disclosed this while presenting a report on Internally Generated Revenue (IGR) at the 46th meeting of the Joint Tax Board (JTB) in Abuja on Friday. Nami said what Read More…
The Nigerian Stock Exchange (NSE) market capitalisation on Friday rallied by N296 billion to cross N19 trillion mark, amid gains by some blue chips. Specifically, the market capitalisation which opened at N18.940 trillion rose by N296 billion or 1.56 per cent to close at N19.236 trillion. Also, the NSE All-Share Index inched higher by 565.13 Read More…
The Lagos State Government said it would hold the December edition of its Eko City Farmers’ Fair and Appreciation Day on Sunday to enable residents shop for produce, including rice, at farm gate prices. The state’s Commissioner for Agriculture, Ms Abisola Olusanya, stated this on Thursday in Lagos. She said that residents would have the Read More…
The average price per litre paid by consumers for National Household Kerosene increased to N353.38 in November from N352.93 in October, the National Bureau of Statistics (NBS) says. The Bureau made this known in its “National Household Kerosene Price Watch (November 2020)’’ obtained from its website on Thursday in Abuja. According to NBS, the increase is by Read More…
The nation’s bourse on Thursday continued positive run for the fourth straight trading session with the benchmark index crossing 36,000 mark due to interest in Airtel Africa and 29 other stocks. Specifically, the All-Share Index inched higher by 746.47 points or 2.10 per cent to close at 36,239.62 compared with 35,493.15 recorded on Wednesday. Consequently, Read More…
There was jubilation in Seme, near Badagry, Lagos State, on Wednesday as Federal Government ordered the reopening of four land borders across the country. The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, announced the immediate reopening of four land borders after the Federal Executive Council meeting held virtually in Abuja on Wednesday. Read More…
The bulls continued to dominate trading on the Nigerian Stock Exchange on Wednesday with the market indicators rising further by 0.76 per cent. Consequently, the All-Share Index rose by 267.93 points of 0.76 per cent to close at 35,493.15 compared with 35,225.22 achieved on Tuesday. Similarly, the market capitalisation garnered N140 billion to close at Read More…