Business

Visit NewStage Business today for stories from the NIG Stock Market, Oil prices and Currency rate

DMO name Stanbic IBTC agent for FGN savings bond

Office of the Debt Management Office (DMO), has named Stanbic IBTC Stockbroker Limited as the receiving agent for the much publicised Federal Government of...

Amosun signs Ogun State 2017 Budget to law

Ogun State Governor, Ibikunle Amosun, has signed the 2017 budget of 221 billion Naira tagged “Budget of Repositioning” into law. Flanked by the Speaker of...

UACN raise N6 billion capital for Livestock Feeds, UPDC

UAC of Nigeria (UACN) has opened application lists for supplementary capital raising for two of its subsidiaries-Livestock Feeds Plc and UACN Property Development Company...

UBA, First Bank, Fidelity, Ecobank disburse forex to BDCs

No fewer than four commercial banks yesterday disbursed the first batch of diaspora inflow-related foreign exchange (forex) to over 350 bureaux de change (BDCs),...

FG to prosecute workers collecting multiple salaries

NIGERIA Federal Government yesterday,  vowed that any government employee taking advantage of the loopholes in the payroll system to collect multiple salaries would be...

CBN, Heritage Bank approve N2 billion agric loan to Triton Aqua...

The Nigeria Central Bank in conjunction with Heritage Bank Plc approved a sum of N2 billion long-term facility under the Commercial Agriculture Credit Scheme (CACS) to...

‘Naira is likely to hit N500 against USD next week’

The Nigeria Naira is expected to undergo further depreciation and its likely to hit 500 mark to the United States Dollar at the parallel market...

Bua, Chinese firm plan N374bn steel, cement plants

An indigenous conglomerate, the Bua Group, has resumed discussions with a Chinese firm, Sinoma International Engineering Company, on plans to construct a steel plant...

Glo introduces ‘Borrow Me Data’ plan

Glo subscribers can now borrow data. Globacom on Monday said that its new product, ‘Borrow Me Data’, would ensure that the cyber crowd stay connected...

FG to spend N1.9bn on sewage, fumigation in 2017

The Federal Government and some its agencies that are not under the first line charge will spend N1.91bn on clearing of sewage and fumigation...

Nigeria labour market rose by 25%, 1.7 million jobless this year...

The labour market has added another 1.7 million to its 9.48 million statistics from the beginning of the year. The report from the National Bureau of...

United Bank for Africa(UBA) holds Annual General Meeting as Shareholders Applaud...

On Friday April 8, during the bank’s Annual General Meeting (AGM) which was held at the Eko Atlantic Hotel, Lagos, the shareholders of UBA...

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