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Day: April 27, 2023

Foreign Investors’ Percentage of NSE Trading Falls to 30%
AfricaBusiness

Foreign Investors’ Percentage of NSE Trading Falls to 30%

The Nairobi Securities Exchange (NSE) saw a steady decline in foreign investor participation to a record low of 30.1 percent…

byakintundeApril 27, 2023April 27, 2023
Ghana Defaults on Payment of Domestic Debt.
Africa

Ghana Defaults on Payment of Domestic Debt.

International credit rating agency Fitch Ratings claims that although Ghana has fallen behind in servicing its domestic debt. As the…

byakintundeApril 27, 2023April 27, 2023
Nigeria’s Domestic Trade Reached N980 billion in Three Months.
Business

Nigeria’s Domestic Trade Reached N980 billion in Three Months.

Total domestic transactions on the Nigerian Exchange Limited (NGX) for the first quarter (Q1) of 2023 finished at N986.21 billion…

byakintundeApril 27, 2023April 27, 2023
In 12 years, NPA has Remitted more than N500 billion.
Business

In 12 years, NPA has Remitted more than N500 billion.

The Nation has learned that over the past 12 years, the Nigerian Ports Authority (NPA) has transferred more than N500…

byakintundeApril 27, 2023April 27, 2023
Nigeria Loses Contracts for Gas Export Due to Inadequate Investment.
BusinessEnergy

Nigeria Loses Contracts for Gas Export Due to Inadequate Investment.

Nigeria has lost gas export contracts worth billions of dollars due to a lack of investment in the sector. It…

byakintundeApril 27, 2023April 27, 2023
The Terminal Operators Ceases the New Import Vehicle Fee.
Local

The Terminal Operators Ceases the New Import Vehicle Fee.

The N50,000 per unit surcharge on imported secondhand autos that are hoisted by people has been halted by Ports &…

byakintundeApril 27, 2023April 27, 2023
SEC Requests Investors to Call Attention to Illegal Fund Managers.
Business

SEC Requests Investors to Call Attention to Illegal Fund Managers.

The Securities and Exchange Commission (SEC) has invited members of the public to report any fund manager who is operating…

byakintundeApril 27, 2023April 27, 2023
250 Gas Stations are Run by TotalEnergies Using Solar Energy.
Business

250 Gas Stations are Run by TotalEnergies Using Solar Energy.

According to TotalEnergies, solar energy powers 50% of its more than 500 gas stations spread across the nation. Victor Bandele,…

byakintundeApril 27, 2023April 27, 2023
Nigeria’s Gas Demand is Predicted to Increase by 50%.
BusinessEnergyLocal

Nigeria’s Gas Demand is Predicted to Increase by 50%.

The Nigerian Liquefied Natural Gas Limited predicts a 50% rise in gas demand in Nigeria over the next 30 years.…

byakintundeApril 27, 2023April 27, 2023
Operators put 122 billion Naira in Pension Funds into Infrastructure.
Local

Operators put 122 billion Naira in Pension Funds into Infrastructure.

As of the end of February 2023, data collected from the National Pension Commission showed that Pension Funds Operators had…

byakintundeApril 27, 2023April 27, 2023

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