Local NIDF Reports 97.99% Growth in Profit Jan 17, 2024 0 Debt Fund (NIDF) has witnessed a remarkable 97.99% growth in Profit After Tax, reaching N20.380bn at the end of!-->…
Local Nigeria to Save N8tn Annually from Fuel Subsidy Removal – Taiwo Oyede Jan 17, 2024 0 The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, revealed that the Federal!-->…
Local Dangote Refinery Partners with Major Oil Marketers in Nigeria Jan 16, 2024 0 Seven major oil marketers in Nigeria, including 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy!-->…
Local Challenges Impedes Tinubu’s Gas-Powered Economy Initiative Jan 16, 2024 0 President Bola Tinubu's vision to transform Nigeria into a gas-powered economy by 2030 faces a hurdle as private!-->…
Local Government to Privatize Port Harcourt Refinery as it Resumes Operations Jan 16, 2024 0 The Nigerian National Petroleum Company Limited (NNPCL) has revealed plans to transfer the operational reins of!-->…
Local Pantami Expresses Dissapointment over underutilization of NIN-SIM Data for Crime… Jan 16, 2024 0 Isa Pantami, the former Minister of Communications and Digital Economy, has expressed disappointment with security!-->…
Local Oil Theft: President Tinubu Applauds Security Agencies for Effort Jan 16, 2024 0 President Bola Tinubu has praised Tantita Security Services Limited and other security agencies for their!-->…
Local Minister Bagudu Calls for $100bn Investment, Stresses Private Sector Role Jan 16, 2024 0 Senator Atiku Bagudu, the Minister of Budget and Economic Planning, has emphasized the need for a minimum of $100!-->…
Local Equity Market Increases by N874bn, Led by Chams Holdings, PZ Cussons, and 66… Jan 16, 2024 0 The equity market witnessed an upswing, gaining N874 billion at the close of trading on Monday, propelled by!-->…
Local Analysts Advices Investors on Rising Inflation Jan 16, 2024 0 As inflation continues its upward trajectory, analysts are advising equity market investors to remain resilient by!-->…
Local Transcorp Hotels Joins N1tn Market Cap Club Jan 16, 2024 0 Transcorp Hotels Plc, a key player in the hospitality industry, has achieved a significant milestone by entering!-->…
Local Access Holdings Acquires Megatech Insurance Brokers Jan 16, 2024 0 In a statement filed with the Nigerian Exchange Limited on Monday, Access Holdings Plc has successfully acquired!-->…
Local Gates Foundation Announces Annual Budget of $8.6bn, Focuses on Global Health… Jan 16, 2024 0 The Bill & Melinda Gates Foundation has unveiled its annual budget of $8.6 billion for the year 2024,!-->…
Local Afreximbank and UBA Disburse $2.25 Billion Oil-for-Cash Loan to NNPC Jan 15, 2024 0 The African Export-Import Bank and the United Bank for Africa have successfully disbursed $2.25 billion from the!-->…
Local Nigeria is not an Import-dependent Country-Data Jan 15, 2024 0 According to World Bank data, Nigeria is not as import-dependent as perceived by many people. Nigeria, despite!-->…
Local Ajaokuta Steel Company: Struggle for Industrialization Jan 15, 2024 0 Despite being an emblem of Nigeria's industrial aspirations since its initiation in 1979, the Ajaokuta Steel Mill!-->…
Local SERAP Advocates 70% Cut to National Assembly Budget, Deeming it Excessive Jan 15, 2024 0 Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has called for a significant reduction of 70%!-->…
Local EFCC Reignites High-Profile Corruption Cases Jan 15, 2024 0 The Economic and Financial Crimes Commission (EFCC) has revived high-profile corruption cases involving former!-->…
Local Expect Exchange Rate to Improve- Minister Bagudu Jan 15, 2024 0 The Minister of Budget and Economic Planning, Atiku Bagudu, anticipates an improvement in the exchange rate,!-->…
Local Nigerian Exchange: YTD Gains, Investors profits 1.8tn Jan 15, 2024 0 Less than a month into the New Year, the Nigerian Exchange Limited has achieved double-digit year-to-date gains,!-->…
Local FG to Boost internet Connectivity in Eight States Jan 15, 2024 0 In the first quarter of 2024, Nigeria is set to launch the National Broadband Alliance for Nigeria, an initiative!-->…
Local Opportunities in 2024 Budget for Nigerian Economy-First Bank CEO Jan 15, 2024 0 Adesola Adeduntan, the Chief Executive Officer of First Bank of Nigeria, emphasized the presence of opportunities!-->…
Local Potential 400% Revenue Increase through Foreign Investment in Hospitality-… Jan 15, 2024 0 Stakeholders in the hospitality industry have highlighted the potential for a substantial 400% increase in!-->…
Local NOVA Merchant Bank Increases Employee’s Salary by 50% Salary Jan 15, 2024 0 NOVA Merchant Bank Limited has implemented a substantial 50% salary increase for its staff effective November 1,!-->…
Local Ajaokuta Steel Company Faces Disconnect Over N33bn Electricity Debt, FG Begins… Jan 12, 2024 0 The Federal Government has announced an investigation into the non-functioning Ajaokuta Steel Company Limited,!-->…
Local FG Adopts N800 to Dollar Exchange Rate in 2024 Budget Jan 12, 2024 0 With the aim of ensuring stability in the 2024 Appropriation Act, the Federal Government disclosed on Thursday!-->…
Local ILO Warns of Global Job Losses in 2024, Projects 5.2% Unemployment Rate Jan 12, 2024 0 The International Labour Organisation (ILO) has issued a projection, stating that approximately two million!-->…
Local Multinationals May Exit Nigeria in 2024 Amid Economic Environment- Report Jan 12, 2024 0 A recent report by financial solutions firm Cardinal Stone suggests that multinational firms in the Fast Moving!-->…
Local Wema Bank Reports Over 130% Growth in Profit Jan 12, 2024 0 Wema Bank has showcased remarkable financial performance in the third quarter of 2023, as its Profit Before Tax!-->…
Local Emerging Africa Capital Redeems Series 3 Commercial Paper Worth N1.6Bn Jan 12, 2024 0 Emerging Africa Capital Limited, an Investment Banking and Financial Services company, announced the successful!-->…