Tuesday, May 28, 2024
MARKET UPDATE
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TheCable

Business

‘Nigeria’s economic recovery poised to build momentum in Q2’

    ‘Nigeria’s economic recovery poised to build momentum in Q2’

Market optimism over the recovery of Africa’s largest economy has increased steadily throughout the first trading quarter of 2018. The combination of appreciating oil prices, foreign exchange stability and easing

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Importers kick against duty payment on solar panels but customs says it’s govt policy

    Importers kick against duty payment on solar panels but customs says it’s govt policy

The Renewable Energy Association of Nigeria (REAN), a private sector group, says the Nigeria Customs Service is forcing its members to pay between five percent and 10 percent import duty

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#TakeBackNigeria knocks FG over ‘shambolic approach’ to African trade treaty

    #TakeBackNigeria knocks FG over ‘shambolic approach’ to African trade treaty

#TakeBackNigeria Movement, a support group of Omoyele Sowore, publisher of Sahara Reporters, has criticised the Muhammadu Buhari administration’s decision to back out of the African Continental Free Trade Agreement. The

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‘Taxes not to increase revenue alone’ — Saraki calls for review

    ‘Taxes not to increase revenue alone’ — Saraki calls for review

Senate President Bukola Saraki says Nigeria’s tax laws must be reviewed to allow ease of doing business. Speaking at the inauguration of the technical committee on reforming Nigeria’s tax system

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INFOGRAPHICS: 34 states can’t pay salaries without federation allocation

    INFOGRAPHICS: 34 states can’t pay salaries without federation allocation

Data made available by the National Bureau of Statistics (NBS) shows that revenue from the Federation Accounts Allocation Committee (FAAC)

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Deadlock ends as FAAC disburses N647bn Feb allocation

    Deadlock ends as FAAC disburses N647bn Feb allocation

The federation accounts allocation committee (FAAC) has resolved the NNPC revenue crisis that prevented it from disbursing allocations to the

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Global stocks bruised by US-China trade off

    Global stocks bruised by US-China trade off

Stock markets are likely to remain explosively volatile and wildly unpredictable amid the ongoing trade drama between the US and

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Obasanjo to Buhari: Sign African free trade agreement before it is too late

    Obasanjo to Buhari: Sign African free trade agreement before it is too late

Olusegun Obasanjo, former president, says it is “disappointing” that President Muhammadu Buhari failed to sign the Africa Continental Free Trade

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FAAC meeting ends in deadlock over ‘shortage’ in NNPC revenue

    FAAC meeting ends in deadlock over ‘shortage’ in NNPC revenue

The Federation Accounts Allocation Committee (FAAC) meeting ended in deadlock in Abuja on Tuesday. This is as a result of

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N’assembly seeks extension of Budget 2017 till May 31

    N’assembly seeks extension of Budget 2017 till May 31

The national assembly is seeking to extend the 2017 budget to May 31, Mustapha Dawaki, chairman of the house of

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