Morning Beats

Stock Exchange lifts suspension on Ikeja Hotel

The Nigerian Stock Exchange (NSE) yesterday lifted its one and a half years suspension on trading in the shares of Ikeja Hotel, paving the way for resumption of trading in the shares of the hospitality and tourism company.The Nation

‘Smuggling killing rice, poultry policies’

Nigeria’s bid to be self-sufficient in rice and poultry production is being threatened by smugglers, investigation has revealed.The Nation

AfDB eyes $1tr from African agric sector

The African Development Bank (AfDB) yseterday call on African governments to create the right environment for the private sector to lead the continent’s industrial revolution.The Nation

Fed Govt plans100, 000 mass housing units’ scheme

The Federal Government  said its plans to deliver 100, 000 affordable homes yearly as social housing scheme in the country is close to fruition.The Nation

Non-oil sector hits 90.3% in Q1 1.9% GDP growth

OIL’S contribution to Nigeria’s Gross Domestic Product (GDP) remains below 10 per cent in Q1 figures released yesterday by the National Bureau of Statistics(NBS) in Abuja.The Nation

We borrow to fund budget, infrastructure, says DMO

Nigeria took loans to  fund the budget and put more funds into the capital projects, Director-General of Debt Management Office (DMO) Patience Oniha has said.The Nation

Monthly IGR in Lagos now N34b, says commissioner

Lagos State government said yesterday that it had achieved an average monthly Internally Generated Revenue (IGR) of N34 billion in 2018, compared to monthly averages of the last three years.The Nation

Nigerian capital market not advanced enough for e-Annual Reports – Shareholders

The Securities and Exchange Commission, SEC, should not force the capital market to fly when it is yet to learn how to walk steadily.Vanguard

MPC to retain policy rates as N266bn inflow boosts interbank liquidity

FINANCIAL market analysts were, weekend, united in their projections about the outcome of the Central Bank of Nigeria’s 118th Monetary Policy Committee, MPC, meeting holding today and tomorrow.Vanguard

Industrial revolution: Govt must play key roles, says Adesina

The President, African Development Bank, Dr. Akinwumi Adesina, has advised governments on the continent to create the right environment for an industrial revolution.Punch

Investor to provide $10bn for Nigeria’s speed rail projects

A United States-based investor, Ameri Metro Incorporation, on Monday declared its readiness to provide $10bn for the construction of speed rails in Nigeria.Punch

IMF doubts Nigeria’s capacity to repay debts

The International Monetary Fund on Monday expressed concern over Nigeria’s capacity to repay its debts and stressed the need for the Federal Government to mobilise more revenues domestically.Punch

Experts fear investment losses as PIGB suffers setback

As the harmonised Petroleum Industry Governance Bill (PIGB) is yet to get to the desk of President Muhammadu Buhari for assent, expert feared the current delay might lead toGuardian

FUNERAL PLAN

Capitec moves into insurance market

Capitec, the lender that indelibly disrupted SA’s banking sector, entered the insurance market with the launch of Capitec Insure on Monday.Business Day