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Posts From Fikayo Owoeye

Buhari signs N983bn supplementary budget into law

    Buhari signs N983bn supplementary budget into law

President Muhammadu Buhari on Monday signed the 2021 supplementary appropriation bill of N983 billion into law. Umar El-yakub, senior special assistant to the president on national assembly (house of representatives),

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Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

    Quest Electric pays N19bn for Yola DisCo, plans N28bn investment in two years

The Bureau of Public Enterprise (BPE) has signed a share sale and purchase agreement (SSPA) with Quest Electricity Nigeria, the new investor in Yola Electricity Distribution Company (DisCo). This followed

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Oando enters settlement with SEC, agrees to withdraw all court cases

    Oando enters settlement with SEC, agrees to withdraw all court cases

Oando Plc has entered into a settlement with the Securities and Exchange Commission (SEC) in the overriding interest of the shareholders of the company and the capital market. This is

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Nigeria’s inflation rate slows to 17.75% in June — third consecutive decline in 2021

    Nigeria’s inflation rate slows to 17.75% in June — third consecutive decline in 2021

The consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped to 17.75 percent in June from 17.93 in May. This is according

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Elumelu: There’re business opportunities in Nigeria for serious-minded investors

  Elumelu: There’re business opportunities in Nigeria for serious-minded investors

Tony Elumelu, chairman of United Bank for Africa Plc, says the Nigerian business environment is “supportive and hospitable” to any

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Buhari to flag off Kaduna-Kano rail project Thursday

  Buhari to flag off Kaduna-Kano rail project Thursday

President Muhammadu Buhari will perform the groundbreaking ceremony for the Kaduna-Kano standard gauge rail line on Thursday. Magdalene Ajani, permanent

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SEC mulls N10m registration fees for issuing houses, fund managers

  SEC mulls N10m registration fees for issuing houses, fund managers

The Securities and Exchange Commission (SEC) has proposed N10 million registration fee for issuing houses, underwriters and fund managers from

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BUA finally increases cement price to N3,000

  BUA finally increases cement price to N3,000

Weeks after raising the hopes of its customers, the BUA Group has finally increased its cement price by N200. There

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FG spent 97% of Jan-May revenue on debt servicing

  FG spent 97% of Jan-May revenue on debt servicing

The federal government spent a total of N1.8 trillion on debt servicing out of N1.84 trillion revenue it generated for

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Warren Buffet resigns from Gates Foundation amid divorce row

  Warren Buffet resigns from Gates Foundation amid divorce row

Warren Buffett, chief executive officer of Berkshire Hathaway, an American multinational conglomerate, has announced his resignation as trustee at Bill

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