Market sentiment closed positive with 28 gainers in relative to 19 losers.

The Securities and Exchange Commission (SEC) has expressed optimism of the capital market growth in 2022 due to its various initiatives.

The domestic equities market sustained its positive run on Thursday as demand for Lafarge Africa and FBN Holdings spurred a third consecutive gain in the market.

...as education, health take lion share

.. .LIRS to generates 73.5 per cent of budget revenue

... Red, blue rail-line projects to gulp N153bn for first phase completion

... Lagos-Badagry Expressway expansion project to gulp N9.9bn

Lagos State Government has said that the deficit of ₦521.275 billion of the 2022 budget will be funded through ₦1.237 trillion targeted revenue as well as combination of internal, external loans and bond issuance.

The Nigeria Customs Service (NCS) said it generated N2.23 trillion revenue in 2021 against its target of N1.67 trillion.

President Muhammadu Buhari has urged the Board of the newly incorporated Nigerian National Petroleum Company (NNPC) Limited to ensure strict compliance with Corporate Governance principles that place premium on doing business with the highest ethical standards, integrity, and transparency.

A group, the All Electricity Consumers Protection Forum, says President Muhammadu Buhari’s displeasure with the performance of the power sector is an indictment on the Nigerian Electricity Regulatory Commission (NERC).

Nigeria's pioneer Non-Interest Bank, Jaiz Bank Plc clocked 10 years yesterday, having commenced operations on the 6th of January 2012 with 3 branches in Abuja, Kaduna and Kano.

…tasks them to work smarter, harder in 2022

Ekiti State Governor, Dr Kayode Fayemi has said more workers in the State employment would start working virtually as part of safety measures being put in place to guard against the spread of the new covid-19 variant, Omicron.

The Federal Inland Revenue Service (FIRS) collected about N6.4 trillion as taxes in 2021.

Mrs Zainab Ahmed, the minister of Finance, Budget and National Planning, says the federal government has introduced excise duty of N10 per litre on all non-alcoholic, carbonated and sweetened beverages.

The Organisation of the Petroleum Exporting Countries (OPEC) has appointed Mr Haitham Al-Ghais as the organisation’s Secretary General effective Aug. 1.