Real Time Financial News Website
The International Air Transport Association, a worldwide airline trade group with headquarters in Switzerland, issued a warning on Sunday that the quickly rising volumes of frozen cash posed a threat…
On Sunday, OPEC+ members and non-members agreed to reduce crude oil production levels in order to maintain the stability of the world oil market, but they left Nigeria, Congo, and…
The Federal Government convened a meeting on Sunday to discuss the elimination of the fuel subsidy and the ensuing increase in fuel pump prices across the nation. The Nigeria Labour…
Nigeria spent more than 11.35 trillion naira ($25 billion) in the last ten years repairing its three inoperable refineries, according to a report from the departing parliament, which demanded a…
The Federal Inland Revenue Service (FIRS) Executive Chairman, Mr. Muhammad Nami, said yesterday that the nation’s tax-to-GDP ratio climbed to 10.86% in 2021 from about 6% during the previous 12…
The withdrawal of gasoline subsidies, according to the Nigeria Sovereign Investment Authority’s chief investment officer, will increase the amount of cash available. The NSIA anticipates receiving $100 million to $200…
The effects of fiscal and monetary policies on the Nigerian equities market have raised concerns among stakeholders, despite the fact that it has concluded the past three years on a…
The Nigerian Central Bank depreciated the naira from N461.6 to N631 per US dollar. 48 hours after President Bola Ahmed Tinubu declared the Federal Government’s intentions to harmonize the country’s…
The federal government has given the go-ahead to Nigerdock, a service provider to the offshore oil and gas industry, for the start-up and extension of Snake Island Port, a project…
Yesterday, the Nigerian National Petroleum Company (NNPC) Limited increased the price of gasoline at the pump by about 200 percent countrywide, from N195 per litre to between N488 and N557.…
The National Bureau of Statistics’ most recent data show that the insurance sector’s growth decreased by 7.25 percent in the first quarter of 2023. The overall rate was lower than…
Aviation stakeholders have urged the Nigerian Civil Aviation Authority to start working with other industry participants and governmental organizations to reduce carbon emissions in the sector by 50% by 2060.…
David Malpass, the president of the World Bank Group, has issued a warning that Nigeria’s parallel exchange rate is detrimental since it exacerbates upcoming debt service payments and raises the…
The naira’s value versus the dollar increased at the parallel market, where it closed on Wednesday at N750 as opposed to N763 the previous day. On Tuesday, the Naira rose…
The first Amethis Europe Expansion close has been announced by Amethis and Edmond de Rothschild Private Equity. The Fund is focused on the social effect and internationalization of French and…