Real Time Financial News Website
The Federal Government, through the Federal Competition and Consumer Protection Commission (FCCPC), is taking measures to address anti-competitive practices and…
The Nigeria Labour Congress (NLC) issued a warning, stating that it might withdraw from talks with the federal government over…
The Nigerian Government announced that fuel consumption in the country has significantly dropped to 46.38 million litres per day after…
The official exchange rate of the Nigerian Naira improved from N803.9 per dollar, but at N820/$1, the parallel market rate…
The Nigerian Ports Authority (NPA) has announced a total revenue of N191,430,093,501.00 generated from its operations in the first half…
The Central Bank of Nigeria (CBN) has published an updated list of approved Bureau de Change (BDC) dealers in the…
The Nigerian Ports Authority (NPA) reported robust performance in the first half of 2023, with 1,852 vessels completing operations, leading…
The Nigerian House of Representatives has announced its intention to conduct an investigation into the Nigerian National Petroleum Company Limited…
Paraphrased Paragraphs: The International Monetary Fund’s executive board has granted Kenya nearly $1 billion in funding to alleviate financial pressures…
Paraphrased Paragraphs: Afrinvest analysts have projected that capital importation in Nigeria for the fiscal year 2023 could reach $6.2 billion,…
Paraphrased Paragraphs: The Nigeria Customs Service (NCS) Kwara State Command reported a revenue of N6.2 billion between April and June…
Point of Sale (PoS) operators in Nigeria are protesting the implementation of increased service charges, which took effect on Monday.…
Petroleum export revenues from the Organization of the Petroleum Exporting Countries (OPEC) reached their highest level in almost a decade…
The International Gas Union (IGU) reported that Nigeria’s Liquefied Natural Gas (LNG) export declined by 1.8 million metric tonnes (MT)…
The Nigerian Ports Authority (NPA), in collaboration with the Lagos State Government, has initiated a joint operation to demolish shanties…
The Nigerian non-oil export sector recorded a marginal decrease in export value, amounting to $2.54 billion, representing a 0.09% dip…
Nigeria’s headline inflation rate has reached a 17-year high, rising for the sixth consecutive time to 22.79% in June 2023,…
Despite facing criticism and threats of sanctions, the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) remains determined…
Access Bank Plc and Standard Chartered Bank have reached an agreement for Access Bank to acquire Standard Chartered’s shareholding in…
Geregu Power Plc, a power generating company in Nigeria, revealed that it has made advance payments totaling N8.783 billion to…
Despite recent reforms under the Bola Tinubu administration, Nigerian manufacturers and businesses are still facing challenges in accessing foreign exchange…
A consortium of investors led by AFIG Funds and Norfund has successfully completed the acquisition of Nouvelle Mici Embaci (NME),…
In a strategic move, UK-based Endeavour Mining has sold 90% stakes in its Boungou and Wahgnion mines in Burkina Faso…
Dubai-based renewable energy company, Amea Power, has successfully secured a $75 million equity funding round from SoftBank Group, a renowned…
The World Bank’s Nigeria Development Update for June 2023 reveals that over 42.69 million poor Nigerians have been excluded from…
The World Bank’s report on housing regulatory framework standards in sub-Saharan Africa reveals that the frequent building collapses in Lagos…
The Central Bank of Nigeria (CBN) has achieved a remarkable milestone in its intervention programs, announcing the recovery of N471.82bn…
The Nigerian bourse experienced a downturn last week as losses in FBN Holding Plc, Ecobank Transnational Incorporated, and other financial…
The Nigerian Electricity Regulatory Commission (NERC) has reported that the Federal Government’s spending on electricity subsidy has soared to N2.8tn,…
The Manufacturers Association of Nigeria (MAN) has voiced its apprehensions over the impending displacement of local meter manufacturers and assemblers…
