Business Oyetola promises zero piracy incidence in Nigerian waterways Sep 25, 2024 0 The Nigerian government is working hard to make sure its maritime agencies follow global standards, especially…
Business FG explains minimum wage July 29 backpay Sep 25, 2024 0 The Federal Government has announced that payments for the new minimum wage will begin on July 29, 2024, following…
Local CBN, banks sell $9.9bn as naira weakens to N1,670/$ Sep 25, 2024 0 In August 2024, foreign exchange turnover through Nigeria's Autonomous Foreign Exchange Market surged to N15.74…
Business Domestic air fare rises 25% to N123, 700 in one month Sep 25, 2024 0 In August 2024, the average fare for air travel in Nigeria surged to N123,700.14, a sharp 25.51% increase from…
Business PENGASSAN urges FG to increase stake in Dangote refinery to 45% Sep 25, 2024 0 The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the Federal Government…
Business Nigeria’s unemployment rate rose to 5.3% in Q1 – Report Sep 25, 2024 0 Nigeria’s unemployment rate increased slightly to 5.3% in Q1 2024 from 5.0% in Q3 2023, with females facing higher…
Business Aviation stakeholders back Emirates on dollar airfares Sep 25, 2024 0 Aviation experts have expressed support for Emirates Airlines’ decision to charge Nigerian passengers in dollars,…
Business FG raises N2.75bn via savings bond Sep 25, 2024 0 The Federal Government’s savings bond for September 2027 has attracted successful subscriptions worth N2.75…
Business Legal implications of CBN’s 5% borrowing Cap: Agbakoba and Ozekhome weigh in Sep 25, 2024 0 Legal experts have examined the implications of the Central Bank of Nigeria's (CBN) reaffirmation to maintain its…
Africa South African Rand Appreciates by 11% Amid Economic Recovery Sep 25, 2024 0 As of September 25, 2024, the South African Rand (ZAR) has risen by 11% against the US dollar since February,…
Business PZ Cussons cuts pre-tax losses by 86%, boosts revenue for period ending August 31 Sep 25, 2024 0 PZ Cussons Nigeria Plc reported a pre-tax loss of N5.2 billion in its interim financial statements for Q2 2024…
Business Ethiopian Plans 10 weekly Flights To Rome, Celebrates Six Decades of Services Sep 24, 2024 0 Ethiopian Airlines has announced plans to expand its weekly flights to Rome, Italy, increasing the frequency to 10…
Local Car-Free-Day: Lagos, group, restate commitment to NMT infrastructure devt Sep 24, 2024 0 The Lagos State Government has announced its plans to integrate Non-Motorised Transport (NMT) infrastructure into…
Energy Dangote: NNPC Made Huge Mistake By Reducing Stake in Our Refinery from 20% to 7.2% Sep 24, 2024 0 Aliko Dangote, Africa’s wealthiest man and President of Dangote Group, has criticized the Nigerian National…
Business FG Offers N150bn in Bonds for September Auction with Competitive Rates Sep 24, 2024 0 The Debt Management Office (DMO) has announced that the Federal Government of Nigeria is offering N150 billion…
Business APM Terminals Apapa sees 25% non-oil exports Sep 24, 2024 0 APM Terminals Apapa announced a 25% increase in non-oil export throughput for the first half of 2024, handling…
Business NSIA Insurance grows premium to N22.3bn Sep 24, 2024 0 NSIA Insurance has reported a 24% growth in Gross Written Premium (GWP), rising to N22.3 billion in 2023 from N18…
Business Multilateral banks’ climate financing hit $125bn – AfDB Sep 24, 2024 0 Multilateral development banks, including the African Development Bank (AfDB), have reached a record $125 billion…
Stock Equity market starts week with N79bn gain Sep 24, 2024 0 The Nigerian equity market started the week on a positive note, gaining N79 billion on Monday due to the…
Local Finance ministry, Customs’ bureaucracy stalls zero food import take-off Sep 24, 2024 0 The United States Chamber of Commerce has committed $320 million toward mortgage refinancing and SME financing in…
Business Tariff hike looms as monthly power subsidy hits N181bn Sep 23, 2024 0 Dr. Jobson Ewalefoh, Director-General of the Infrastructure Concession Regulatory Commission (ICRC), announced…
Business New US rules to exacerbate trade dispute with China Sep 23, 2024 0 China has issued a warning to the United States, urging it not to take "discriminatory actions" against Chinese…
Local Construction of $3.5bn Bakassi seaport to begin soon – ICRC Sep 23, 2024 0 Dr. Jobson Ewalefoh, Director-General of the Infrastructure Concession Regulatory Commission (ICRC), announced…
Business Customs, SMEDAN partner to ease SMEs’ cross-border trade Sep 23, 2024 0 The Nigeria Customs Service (NCS) is partnering with the Small and Medium Enterprises Development Agency of…
Business $3.5bn business deals sealed at Indonesia-Africa Forum 2024 Sep 23, 2024 0 The 2nd Indonesia-Africa Forum held in Bali, Indonesia, resulted in the signing of 32 business partnership deals…
Stock Stock market sustains bullish trend Sep 23, 2024 0 Ahead of the Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) meeting, the Nigerian stock market…
Banking CBN Expected to Maintain Interest Rates as Inflation Declines Ahead of MPC Meeting Sep 23, 2024 0 As the Central Bank of Nigeria (CBN) commences its 297th Monetary Policy Committee (MPC) meeting, financial…
Finance PenCom reports over N5.72trn public sector contributions in Q2 2024 Sep 23, 2024 0 The National Pension Commission (PenCom) has reported significant growth in both public and private sector pension…
Business External reserves hit 22-month high amid naira struggles Sep 23, 2024 0 Nigeria’s external reserves have surged to a 22-month high of $37.31 billion as of September 2024, driven by…
Business Cooking gas price rose by 69% in August 2024 Sep 23, 2024 0 The price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has seen a significant increase in…