Business

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

FORBES: World’s most respected ‘made-in’ labels

Products made in Germany enjoy the highest reputation among consumers worldwide, according to a new study. Statista's Made-In-Country-Index (MICI) 2017, shed light on the...

Union Bank celebrate centennial anniversary with over 100 branches

Union Bank has launched over 100 state-of-the-art branches across Nigeria. This comes as the bank celebrates its 100-year anniversary. Building on the transformation agenda unveiled...

Naira gains against USD supply, now 390/dollar

The naira recorded a gain against the United States dollar on the parallel market on Tuesday, a day after the Central Bank of Nigeria...

2016 budget deficit implementation extends to May 5

The Nigerian Government yesterday extends the implementation of the capital component of the 2016 budget from March 31 to May 5, or till the...

CBN’s moves on forex to boost economy

CBN has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out of recession caused by the slump...

‘State level payments by the FAAC fall by N1.453tn’, says NEITI

Payments from the Federation Account Allocation Committee to state governments fell by N1.453tn between 2013 and 2016, the Nigeria Extractive Industries Transparency Initiative has said. According...

FEC approves commencement fund of $1.3 billion to DBN

The Federal Executive Council has approved a 1.3 billion dollars loan credit facility for the commencement of the Development Bank of Nigeria. The approval came...

‘Tell NNPC to remit $22bn, N316bn federation fund,’ NEITI to FG

Nigeria Extractive Industries Transparency Initiative on Tuesday called on the Federal Government to urgently recover the over $21.778bn and N316bn unremitted funds meant for...

OSGOF targets N1 billion from IGR, partners states, others

Office of the Surveyor - General of the Federation, OSGOF, has pledged to rake into the government coffers over N1 billion from its Internally...

NSE approved to become public listed company

The Nigerian Stock Exchange have approved the listing of the Exchange as a public company under the demutualisation programme. This decision was reached at...

CBN increases forex sale to BDCs, pump fresh $100 million

The Nigeria Central Bank on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators twice...

Shell shuts Bonny Light oil export line to remove theft points

The Nigerian subsidiary of Royal Dutch Shell Plc said it had shut down the Nembe Creek Trunk Line, which exports Bonny Light crude oil,...

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