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!-->…
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!-->…