Stock market investors record N623 bn loss
Last week, stock market investors in Nigeria experienced losses amounting to N623 billion as fund managers adjusted their portfolios in…
Day: April 8, 2024
Testing begins on 700 megawatts zungeru hydroelectric power plant
The Federal Government has announced the commencement of testing on the 700 megawatts Zungeru Hydroelectric Power Plant, located in Niger…
Petrol: Oil marketers propose N550/litre price to Dangote
As the Nigerian National Petroleum Company, NNPC Limited, works to alleviate petrol scarcity in Lagos and its surroundings, Dangote Refinery…
$200 million Landmark Beach Resort to be demolished for costal highway project
The Lagos State Government has issued a notice to demolish the $200 million Landmark Beach Resort, citing obstruction to the…
Equity market faces third consecutive weekly loss
The Nigerian equities market faced its third consecutive weekly loss as investors grappled with the potential impact of the Central…
FCMB supports ReelFruit on sustainable manufacturing
First City Monument Bank (FCMB) has reiterated its dedication to sustainable manufacturing practices aimed at reducing negative environmental impacts and…
High costs push manufacturing exports down 62% in 4yrs
The manufacturing sector’s contribution to Nigeria’s non-oil exports has experienced a significant decline of 62% over the past four years.…
Cashew farmers see low output on harsh harmattan
Cashew farmers in Nigeria anticipate a slight decrease in output for the 2024 season due to the severe harmattan season…
CBN’s policy reforms propel naira to high, but challenges remain
The Central Bank of Nigeria (CBN) has successfully implemented most of its long-awaited monetary policy reforms, providing a window of…