Local Nigerian Stock Market Bounces Back, Gains N313bn Jan 12, 2024 0 The Nigerian Exchange Limited closed on a positive note on Thursday, with investors gaining approximately N313bn. !-->!-->…
Local International Breweries Plc Board Considers Rights Issue and Share Capital… Jan 12, 2024 0 International Breweries Plc's Board of Directors is set to deliberate on a Rights Issue and an increase in its!-->…
Local cNGN Faces Challenges as CBN Plans Transition from eNaira Jan 12, 2024 0 As the Central Bank of Nigeria (CBN) prepares to introduce cNGN, its stablecoin, through commercial banks and!-->…
Local EFCC: Ministers get Investigated, ICPC Recovers N50bn Jan 11, 2024 0 The Independent Corrupt Practices and Other Related Offences Commission (ICPC) successfully recovered N50bn that!-->…
Local Naira Depreciates by 26.36% Against Dollar as CBN Clears $2bn Debt Jan 11, 2024 0 The Nigerian Naira has experienced a significant 26.36% depreciation against the US Dollar in the official!-->…
Local Hassan Imam Gets Appointed as New CEO of Keystone Bank Jan 11, 2024 0 The Central Bank of Nigeria (CBN) appointed Hassan Imam as the new Chief Executive Officer and Managing Director!-->…
Local FG Allocates N450bn for Power Interventions in 2024 Budget Jan 11, 2024 0 The Federal Government of Nigeria allocates N450 billion towards power interventions in 2024, as revealed in the!-->…
Local Nigerian Stock Market Drops by N638bn in the New Year Jan 11, 2024 0 The Nigerian Exchange Limited experienced its first depreciation in market capitalization for the New Year as the!-->…
Local Oil Marketers Seek Collaboration with Dangote Refinery Jan 11, 2024 0 Oil marketers, represented by the Independent Petroleum Marketers Association of Nigeria, plan to meet with!-->…
Local Tinubu Plans Governance Cost Cut- Daniel Bwala Jan 11, 2024 0 Daniel Bwala, former member of the All Progressive Congress (APC) and spokesperson for the Atiku Abubakar!-->…
Local Union Bank Names Yetunde Oni as Managing Director Jan 11, 2024 0 On Wednesday, Sidi-Ali Hakama, the acting director of Corporate Communication at the Central Bank of Nigeria!-->…
Local Nigeria Retains Position as One of the Least Powerful Passports Globally” Jan 11, 2024 0 Nigeria continues to hold its position as one of the least powerful passports globally, impacting the!-->…
Local Three Nigerian Banks Reaches N1trn Market Cap Milestone Jan 11, 2024 0 This year, three of Nigeria's largest banks achieved the N1 trillion market capitalization milestone, marking!-->…
Local NNPC Record Profits and Suppressions on Oil Thieves Jan 10, 2024 0 The Nigerian National Petroleum Company Limited (NNPCL) announced a remarkable profit of N2.548tn in 2022, marking!-->…
Local New Leadership at Kaduna Electricity Distribution Plc: Mr Umar Hashidu Takes Helm… Jan 10, 2024 0 Kaduna Electricity Distribution Plc has welcomed Mr Umar Hashidu as its new Chief Executive Officer (CEO),!-->…
Local World Bank Forecasts Nigeria’s Per Capita Income Recovery by 2025 Jan 10, 2024 0 The World Bank's January 2024 Global Economic Prospects report predicts a return of Nigeria's per capita income to!-->…
Local NASENI Signs Multibillion-Dollar MoUs for Technological Advancements Jan 10, 2024 0 The National Agency for Science and Engineering Infrastructure (NASENI) has inked multibillion-dollar Memoranda of!-->…
Local Cash Scarcity Persists: Nigerians Endure High PoS Costs Despite Central Bank… Jan 10, 2024 0 Nigerian customers continue to face challenges in accessing cash, leading to increased reliance on high-cost PoS!-->…
Local Departure of BPE and FCCPC Heads: Not Dismissals, but Relief from Positions-… Jan 10, 2024 0 The Presidency has clarified that the departure of the heads of the Bureau of Public Enterprises (BPE) and the!-->…
Local Ahead of AFCON:Football Fans Express Discontent Over Startimes’ Subscription… Jan 10, 2024 0 Football fans are expressing shock and disappointment as StarTimes announces a 15% increase in subscription prices!-->…
Local NAFDAC Highlights Strategies for Consumers to Identify Fake Products Jan 10, 2024 0 In the battle against counterfeit drugs and unwholesome products in the Nigerian market, the National Agency for!-->…
Local Nigeria Faces 65% Drop in Foreign Investments, Loses Top Spot to Kenya Jan 10, 2024 0 Foreign investments in Nigerian startups experienced a significant decline, falling by 65.83% year-on-year to $410!-->…
Local UBA Hits N1 Trillion Market Capitalization Jan 9, 2024 0 United Bank for Africa (UBA) achieved a significant milestone as its market capitalization surpassed the N1!-->…
Local Equity Market’s Rally Surpasses N3.5 Trillion in Seven-Day Streak Jan 9, 2024 0 The Nigerian Exchange Limited's bullish run continued into its seventh day on Monday, yielding a daily gain of!-->…
Local cNGN Delays Launch Pending Regulatory Approval Jan 9, 2024 0 The Africa Stablecoin Consortium has officially postponed the launch of its cNGN stablecoin, originally scheduled!-->…
Local UN Highlights Downward Risks to Nigeria’s Growth in 2024 Jan 9, 2024 0 The United Nations, in its 'World Economic Situation and Prospects 2024' report, has revealed that Nigeria faces!-->…
Local Dangote Petroleum Refinery Nears Production with 6th Batch of Crude Oil Jan 9, 2024 0 The Dangote Petroleum Refinery announced its imminent entry into refined petroleum production as it received the!-->…
Local NCC Threatens Call Disruption: Globacom Faces Bar from Making Calls to MTN Jan 9, 2024 0 The Nigerian Communications Commission (NCC) has issued a public notice indicating its intent to bar Globacom!-->…
Local NERC Dissolves Kaduna Electricity Distribution Company Board Over N110bn Debt Jan 9, 2024 0 The Nigerian Electricity Regulatory Commission (NERC) announced the dissolution of the board of directors of!-->…
Local Cash Scarcity Causes Sharp Decline in ATM Usage- KPMG Jan 9, 2024 0 A report titled "In Pursuit of Value," by KPMG reveals a significant drop in the weekly usage of Automated!-->…