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SEC sets June 30 deadline for registration of crowdfunding platforms

    SEC sets June 30 deadline for registration of crowdfunding platforms

The Securities and Exchange Commission (SEC) has directed all existing investment crowdfunding portals and digital commodities platforms to comply with its new registration requirements or cease operations by June 30,

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Dangote: National sugar master plan will save Nigeria $700m annually

    Dangote: National sugar master plan will save Nigeria $700m annually

Aliko Dangote, chairman of Dangote Sugar Refinery, says Nigeria will save up to $700 million annually if stakeholders comply with the national sugar master plan (NSMP). In 2008, the national

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FG ‘clears’ N-Power payments, to enrol new 1m beneficiaries

    FG ‘clears’ N-Power payments, to enrol new 1m beneficiaries

The federal government says all backlog payments of N-power beneficiaries have been cleared. Sadiya Farouq, minister of humanitarian affairs, disaster management, and social development, said this during a workshop organised

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Emefiele: Nigeria requires N35trn infrastructure investments for double-digit growth

    Emefiele: Nigeria requires N35trn infrastructure investments for double-digit growth

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the nation requires N35 trillion worth of investment in infrastructure to attain double-digit growth. Emefiele stated this on Thursday

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Naira trades N495/$1 at black market

    Naira trades N495/$1 at black market

The naira, on Thursday, appreciated at the importer & exporter (I&E) window by 0.1 percent to N411/$1 but depreciated by

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BPE mulls sale of transmission company

    BPE mulls sale of transmission company

Alex Okoh, the director-general of the Bureau of Public Enterprises (BPE), says the agency is looking at a suitable model

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Consumers to pay more as bread prices go up by 30%

    Consumers to pay more as bread prices go up by 30%

The Association of Master Bakers and Caterers of Nigeria (AMBCN) says prices of bread and biscuits will increase by 30

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Pension assets rise 0.8% to N12.4trn in April

    Pension assets rise 0.8% to N12.4trn in April

The National Pension Commission (PenCom) says the total assets under the contributory pension scheme (CPS) rose marginally to N12.40 trillion

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NIMASA DG asks EFCC to probe N1.5trn fraud allegation against him

    NIMASA DG asks EFCC to probe N1.5trn fraud allegation against him

Bashir Jamoh, the director-general of Nigerian Maritime Administration and Safety Agency (NIMASA), has asked the Economic and Financial Crimes Commission

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Oniha: Debt office may expand Sukuk to other projects for revenue generation

    Oniha: Debt office may expand Sukuk to other projects for revenue generation

The Debt Management Office (DMO) says Sukuk issuance may be upscaled to include other projects. A Sukuk is a bond

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