Kelvin Emmanuel: Nigeria Can Save N471bn Monthly From Subsidy Payments Following Dangote Refinery’s Template
Kelvin Emmanuel has said if Nigeria follows Dangote Refinery’s model, it could save N471bn monthly by eliminating fuel subsidy payments.
Kelvin Emmanuel has said if Nigeria follows Dangote Refinery’s model, it could save N471bn monthly by eliminating fuel subsidy payments.
CEO Elon Musk unveiled ambitious plans for Tesla’s transition from automaker to robotics manufacturer at a highly anticipated event.
Australia will resume live lobster exports to China by year-end, lifting a trade barrier costing exporters over AU$20 billion annually.
Following the recent hike in the pump prices of Premium Motor Spirit (PMS) by the Nigerian National Petroleum company Limited (NNPCL), the Trade Union Congress (TUC) has asked the federal
Finance minister Edun has emphasised the need for aligning fiscal and monetary policies to combat inflation and stimulate Nigeria’s economic growth.
AfDB and Arab Bank have collaborated to source $300 million for co-financing phase 2 of Nigeria’s Special Agro-Industrial Zones.
Nigeria’s online source for up-to-date information on what the stock markets are doing today. ARISE News brings you world stock market coverage along with breaking news, data analysis and comment. Whether you are at home or overseas you can rely on our coverage.
The last couple of years have seen several agricultural products rise in importance in the Nigerian economy and cocoa beans, sesame, cashew and rice are all ones to watch this year. As well as the traditional oil. Experts will also be keeping a keen eye on the growing rise in fertillizers.
The FIRS has launched a USSD code to simplify tax payment processes and improve taxpayer satisfaction.
Kunle Adegoke SAN urges political parties to set aside egos and prioritise the welfare of Rivers State citizens.
Nigerian’s federal government is implementing a fully deregulated petroleum market, allowing refineries to sell directly to marketers.
We watch the commodities market closely to keep you informed with the very latest information on global movements in oil, natural gas, precious and industrial metals, sugar and other agricultural products amongst others.
Whether you are at home or part of the successful Nigerian diaspora, this is a market to keep a close watch on. ARISE News brings you the latest on the most important global currencies as well as latest news and comment on the growing strength of the Naira.
The world’s largest stock exchange. Technology is now at the heart of the NYSE, which prides itself as the market for innovation, with an average of 2.4 billion shares exchanging hands every day. With it’s famous trading floor and opening and closing bell, it is now the only in-person trading venue for global equities exchange.
The largest electronic stock market in the world and second largest in terms of securities’ values. One to watch for energy, finance, healthcare, technology and transportation as well as being well-known for high-tech stocks. Using the NASDAQ Composite Index to measure the change in the over 3,000 stocks traded on NASDAQ. Look out for the likes of Apple, Microsoft and Amazon.
The FTSE 100, colloquially known as the ‘Footsie’, is an index made up of share of the 100 largest companies on the London Stock Exchange (LSE). Historical ties between our nation and the UK make it a popular choice for many Nigerian investors wishing to invest in established companies such as Barclays, HSBC, BP and BAE. As well as the wildly successful younger companies such as AstraZeneca.
The largest stock exchange in Africa, it has come along way from its roots in the South African Gold Rush, having been established in 1887. The natural home for African investors, we watch with excitement as we see the rise in stocks such as Master Drilling Group, Sentova Ltd and Novus Holdings Ltd.
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