Business - Page 566

Revenue Sharing: FG Proposes 3.13% Increase In LG Allocation

The federal government disclosed that it has proposed a 3.13 percent increase in revenue allocation to local governments. Boss Mustapha, secretary to the government of the Federation, who was represented by the

PBA Reporter

3 years ago

Business

NBS: 36 States, FCT Recorded N849bn Revenue In 1H 2021

The 36 states and the federal capital territory (FCT), according to the National Bureau of Statistics (NBS‘) latest report, recorded N849.12 billion in Internally Generated Revenue (IGR) in the first half of

PBA Reporter

3 years ago

Business

MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn

MTN Nigeria Communications Plc and Airtel Africa Plc drove the top five stocks by value at the end of trading on the floor of the Nigerian Exchange Limited on Tuesday, with investors

PBA Reporter

3 years ago

Business

Bitcoin Price Skyrockets To Record High Of More Than $68,000

Bitcoin, the world’s largest cryptocurrency by market capitalisation, has skyrocketed to a fresh record high of $68,000. Primebusiness.africa gathered that the price of the cryptocurrency traded 4.1 percent higher on Tuesday afternoon,

PBA Reporter

3 years ago

Business

Ikoyi Building Collapse: How Developer Ignored Instruction To Insure Property

Reports claimed that Femi Osibona, the deceased developer of the 21-storey building that collapsed on Gerrard Road, in Ikoyi area of Lagos, ignored a directive by the Lagos State Physical Planning Permit

PBA Reporter

3 years ago

Business

Stock Market Begins On Positive Note As Investors Gain N643bn In One Day

The Nigerian stock market started the week on a positive note as investors gained N643.14bn at the end of trading on Monday, November 8. The All-Share Index of the Nigerian Exchange Limited

PBA Reporter

3 years ago

Nigerian Gov’t Spends N96 Out Of Every N100 To Pay Debt - World Bank Says, Reveals Impact

Business

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

The World Bank has disclosed that it costs more to move goods locally in Nigerian than in the United States of America, stating that the cost of moving goods (per unit distance)

PBA Reporter

3 years ago

Business

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Reports claim that Nigeria’s private sector’s borrowing had risen to N33.8 trillion as of September 2021, making it the highest of all times. The data contained in the Central Bank’s money and

PBA Reporter

3 years ago

Business

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Nigeria’s private sector concluded the third quarter of 2021 with a modest expansion in business conditions. Quicker uplifts were seen in new orders, employment and stocks of purchases, but output growth moderated

PBA Reporter

3 years ago

Business

Stock market closes on negative note as investors take profits in banking

The Nigerian Stock Market last week closed on a negative note as investors took profits in oil and gas, banking and consumer goods stocks. Primebusiness.africa can report that the market incurred losses

PBA Reporter

3 years ago

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Business - Page 566

NBS: 36 States, FCT Recorded N849bn Revenue In 1H 2021

MTN, Airtel Lead Top Five Stocks As Investors Gain N252.41bn

Bitcoin Price Skyrockets To Record High Of More Than $68,000

Ikoyi Building Collapse: How Developer Ignored Instruction To Insure Property

Stock Market Begins On Positive Note As Investors Gain N643bn In One Day

Moving Goods Locally In Nigeria Over 500% Costlier Than US – World Bank

Nigeria’s Private Sector Borrowing Rises to N33.8 Trillion – Report

Private sector activity continues to expand but intense cost pressures weigh on growth – Stanbic IBTC MPI report

Stock market closes on negative note as investors take profits in banking

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