April 9, 2024 - Market News Nigeria

FBN Holdings plans N300bn fresh capital raise

FBN Holdings, a financial holding company, has announced its intention to seek shareholders’ approval to raise an additional N300 billion…

Nigeria is set to receive a $1.05 billion syndicated loan backed by oil from the African Import Export Bank next…

Mr. Festus Keyamo, the Minister of Aviation and Aerospace Development, has announced that United Arab Emirates (UAE) airlines might restart…

The Nigeria National Petroleum Company Limited (NNPCL) reportedly owes approximately $3 billion to fuel traders for imported petrol, according to…

The Murtala Muhammed Airport Command (MMA) of the Nigeria Customs Service (NCS) announced that it generated N45.23 billion from importers…

Zenith Bank Plc released its 2023FY results, demonstrating continued strong performance throughout the year. The group’s profit before tax surged…

The Nigerian Society of Engineers (NSE) has urged for strict penalties on electricity distribution companies (DisCos) that fail to provide…

The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has soared to N14,150 for a 12.5kg cylinder,…

The federal government has finalized arrangements to receive a $1.05 billion syndicated loan backed by oil by the end of…

The World Bank has projected a lower inflation rate compared to February 2024, which stood at 31.7 percent. In its…

Currency dealers expressed concern over mounting losses and decreasing demand for the dollar as the naira continued to appreciate in…