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!-->…
Local Nigerian economy to hit $400bn by 2026 – Rewane Sep 23, 2024 0 Bismarck Rewane, the Managing Director of Financial Derivatives Company, forecasts Nigeria's economy to grow by!-->…
Business Dangote officials, refiners tackle marketers over imported PMS Sep 20, 2024 0 Officials of the Dangote Petroleum Refinery and the Crude Oil Refiners Association of Nigeria (CORAN) have opposed!-->…
Business FG eyes economy revamp with single-digit rates, tax incentives Sep 20, 2024 0 The Nigerian government has introduced key economic reforms aimed at stimulating growth by reducing corporate!-->…
investment Why Coca-cola suspended its 5-year $1 billion investment pledge to Nigeria in 2021… Sep 20, 2024 0 The Nigerian presidency has clarified the reasons behind Coca-Cola's initial withdrawal of its $1 billion!-->…
Business What Exactly Is Cardoso Doing At The CBN Sep 20, 2024 0 Yemi Cardoso is marking his first year as Governor of the Central Bank of Nigeria (CBN) amid tough economic!-->…
Energy 11 plc, Total Energies, AA. Rano, others pay N766 to lift Dangote petrol Sep 20, 2024 0 Petroleum marketers like 11plc, Total Energies, and AA Rano have started lifting petrol from Dangote Refinery!-->…
Agriculture Jega Submits Recommendations For Livestock Reforms To Tinubu Sep 20, 2024 0 Former INEC Chairman, Prof. Attahiru Jega, has presented a 152-page report to President Bola Tinubu, detailing!-->…
Business World Bank to approve $1.5bn loan to Nigeria by September 26 Sep 20, 2024 0 The federal government is poised to secure a $1.5 billion loan from the World Bank, with approval expected on!-->…
Banking Sterling Holdco boosts recapitalisation with N75b capital Sep 19, 2024 0 Sterling Financial Holdings Company (Sterling Holdco) has successfully raised N75 billion to support the!-->…
Business Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months Sep 19, 2024 0 The Nigeria Customs Service (NCS) recorded significant growth in revenue with ₦277.5 billion in import duties and!-->…
Commodities Canada tightens foreign worker eligibility, reduces study permit issuance by 10%… Sep 19, 2024 0 The Canadian government will reduce the issuance of study permits by 10% for 2025, lowering the cap from 485,000!-->…
Business Over $500 million investment attracted through Public-Private Partnership projects… Sep 19, 2024 0 The Nigerian government, through the Infrastructure Concession Regulatory Commission (ICRC), has attracted over!-->…
investment Dapo Abiodun announces $5 million UK battery plant investment in Ogun State Sep 19, 2024 0 The Ogun State Government has announced the establishment of a $5 million battery recycling plant by a British!-->…
Business We inherited N13 billion unpaid pension, gratuity arrears in Zamfara – Governor… Sep 19, 2024 0 Governor Dauda Lawal of Zamfara State revealed that his administration inherited N13 billion in unpaid pensions!-->…
Currency Naira gains N116.84 on increased dollar supply Sep 19, 2024 0 The Nigerian naira appreciated by 7.59% against the U.S. dollar on Wednesday, closing at N1,539.65 in the!-->…
Crypto Regulatory clampdown fails to drown crypto excitement Sep 19, 2024 0 Nigeria has retained its number two spot on the 2024 Global Crypto Adoption Index, trailing only India, according!-->…
Business With Fed’s rate cut at hand, debate swirls over how big a move Sep 18, 2024 0 As the U.S. Federal Reserve prepares to begin its rate-easing cycle, investors and analysts predict that future!-->…
Business EU court confirms Qualcomm’s antitrust fine, with minor reduction Sep 18, 2024 0 Europe's second-highest court upheld a European Commission antitrust fine against U.S. chipmaker Qualcomm for!-->…