November 12, 2024 - Market News Nigeria

NSITF Disburses N6.6 Billion in Compensation and Expands Employee Welfare Coverage Across Nigeria

The Nigeria Social Insurance Trust Fund (NSITF) has allocated N6.6 billion to cover claims and compensation for over 103,000 beneficiaries…

In the first half of 2024, Nigerian manufacturers spent a staggering N238.31 billion on alternative energy sources due to unreliable…

ACCESS Bank UK has officially launched its new branch in Hong Kong, marking a significant milestone as the first West…

African Alliance Insurance Plc has taken legal action against the National Insurance Commission (NAICOM) at the Federal High Court in…

The 16th Insurers Committee meeting, the first under the new Commissioner for Insurance, Mr. Segun Omosehin, was recently held with…

The Nigerian Exchange Limited (NGX) closed Monday in positive territory, gaining N83 billion in market capitalization, marking the third consecutive…

The naira on Monday maintained losses, closing at N1,681.42 per dollar in the official Nigerian Autonomous Foreign Exchange Market (NAFEM),…

In the first half of 2024, Nigeria’s manufacturing sector recorded a 30% increase in investments, reaching N250.13 billion, with significant…

Nigeria secured third place in the 2024 Absa Africa Financial Markets Index (AFMI) with an overall score of 64, following…

In a significant shift, Nigerian workers earning the new minimum wage or slightly above will be exempt from pay-as-you-earn (PAYE)…

At the 2024 Taiwan-Africa Business Forum in Taiwan, Gabriel Idahosa, President of the Lagos Chamber of Commerce and Industry (LCCI),…

Fitch Solutions projects a significant depreciation of Nigeria’s naira, forecasting it could fall to N1,993 per US dollar by 2028.…