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Business

Coronation Merchant Bank Appoints Abiagam Acting Managing Director/CEO

Aug 14, 2024 0
Coronation Merchant Bank, a leading investment bank in Nigeria, has appointed Paul Abiagam as its Acting Managing…
Business

70% Windfall Tax Burdensome, Ill-Timed – Bank Directors

Aug 14, 2024 0
The Bank Directors Association of Nigeria has expressed strong concerns about the recent imposition of a 70%…
Market

High inflation: 67% of MSMEs seen declining demands — PwC

Aug 14, 2024 0
A new PwC Nigeria report reveals that 67% of Micro, Small, and Medium Enterprises (MSMEs) have seen a drop in…
Business

Nigeria’s economy growing, recorded $55 billion non-oil export in 2023 – Wale Edun…

Aug 14, 2024 0
Finance Minister Wale Edun has assured Nigerians of economic progress under President Bola Tinubu, revealing that…
Business

Goldman Sachs’s filing reveals $418 million in spot Bitcoin ETF holdings  

Aug 14, 2024 0
Goldman Sachs disclosed a $418.65 million stake in U.S. spot Bitcoin exchange-traded funds (ETFs) in its latest…
investment

Julius Berger’s share price climbs by 34.02% in two weeks 

Aug 14, 2024 0
Julius Berger closed trading on August 13, 2024, at N130.00 per share, continuing a notable upward trend. The…
Business

AfDB Calls for Increased Private Sector Engagement in Climate Finance

Aug 14, 2024 0
At a recent conference in Kampala, Uganda, the African Development Bank emphasized the critical need for greater…
Business

At N4.54tn, FGN Bonds, Sukuk Listings Out-pace Corporates on NGX

Aug 14, 2024 0
In the first seven months of 2024, Federal Government of Nigeria (FGN) Bonds and Sukuk listed on the Nigerian…
Business

Nigeria’s International Payments Up 31%, Letters of Credit Outlay Down 63.3%

Aug 14, 2024 0
Nigeria's overseas payments increased by about 31% from January to May 2024, reaching $3.31 billion. This rise is…
Business

Olam Agri Commits N6.5bn to Sustainable Social Investment in Nigeria

Aug 14, 2024 0
Olam Agri has launched a significant expansion of its Corporate Responsibility and Sustainability (CR&S)…
Business

Credit to Private Sector Increased by 38% YoY in June

Aug 14, 2024 0
Credit to Nigeria's private sector saw a significant increase of 38% year-on-year in June 2024, reaching N73.12…
Trade

PTML Becomes Major Transshipment Hub to Europe, Receives First RoRo Ship from…

Aug 14, 2024 0
PTML Nigeria, the largest Ro/Ro multipurpose port terminal in West Africa, has achieved a significant milestone by…
Local

Fear fades in US stocks, but history shows quick return to calm unlikely

Aug 13, 2024 0
Last week, U.S. stocks experienced significant volatility, but the market is now calming down. The Cboe Volatility…
Local

Futures rise as PPI set to kick off data deluge

Aug 13, 2024 0
Futures for major U.S. stock indexes increased on Tuesday as investors awaited producer price data, which could…
Business

US small business sentiment near 2-1/2-year high

Aug 13, 2024 0
U.S. small-business confidence rose to its highest level in nearly 2.5 years in July, indicating that concerns…
Business

US shale companies produce more crude using fewer rigs

Aug 13, 2024 0
U.S. shale producers are increasing oil output by enhancing drilling efficiency without additional spending, as…
Currency

Naira rises to N1,580/$ in parallel market

Aug 13, 2024 0
The Naira gained value in the parallel market, reaching N1,580 per dollar, up from N1,585 per dollar last weekend.…
Business

Alleged 5.4bn shares: CBN, FBN Holdings ask court to dismiss Barbican Capital’s…

Aug 13, 2024 0
The Central Bank of Nigeria (CBN) and FBN Holdings Plc are asking a Federal High Court in Lagos to dismiss a…
Business

DMO offers two new FGN bonds

Aug 13, 2024 0
The Debt Management Office (DMO) has launched two new Federal Government of Nigeria (FGN) savings bonds for…
Business

Equity market begins week with N404bn loss

Aug 13, 2024 0
The Nigerian equity market ended the first trading day of the week with a decline, as the All Share Index fell by…
Business

Nigeria’s fiscal deficit drops 29% to N2.82trn

Aug 13, 2024 0
Nigeria’s budget deficit decreased by 29% in the first quarter of 2024, falling to N2.83 trillion from N3.96…
Banking

Providus Bank pays Unity price for national dreams

Aug 13, 2024 0
Providus Bank is set to acquire Unity Bank, a financially troubled but strategically important bank, following…
Energy

Q2: Demand for crude oil by local refineries rises to 597,700 bpd

Aug 13, 2024 0
However, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has only managed to secure 177,777 bpd from…
Business

Air Peace: FG writes UK, threatens to bar British carriers from Lagos, Abuja…

Aug 13, 2024 0
Nigeria's Minister of Aviation and Aerospace Development, Festus Keyamo, has escalated the issue of Air Peace's…
Business

Inflation: 67% of MSMEs report decline in demand for their products and services –…

Aug 13, 2024 0
A new report by Price Waterhouse Coopers shows that 67% of Nigerian Micro, Small, and Medium Enterprises (MSMEs)…
Local

We’re raising capital for expansion, SME support –Umeoji, Zenith Bank CEO

Aug 13, 2024 0
Zenith Bank Plc plans to raise N290 billion through its current offer to boost its operations across Africa and…
Business

Nigeria’s crude oil production now 1.3mbpd – OPEC

Aug 13, 2024 0
Nigeria's average daily crude oil production saw a minor increase to 1.307 million barrels per day in July, as per…
Business

Zenith Bank, Access, FBN Holdings, 7 others receive highest FX from CBN

Aug 12, 2024 0
The Central Bank of Nigeria (CBN) recently held a Retail Dutch Auction System (RDAS) to address the growing demand…
Stock

Equities market records 0.87% growth in 1 week, investors gain N481bn

Aug 12, 2024 0
The Nigerian equities market experienced a positive turnaround, with the All-Share Index (ASI) rising by 0.87%…
Business

Popoola commends FCMB’s digital approach in N110.9bn public offer

Aug 12, 2024 0
The Group CEO of Nigeria Exchange Group (NGX), Temi Popoola, commended FCMB Group for its digital innovation in…
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NIGERIA

Business

NNPC/Seplat JV Transforms Lives with ‘Eye Can See’ Free Eye Care Programme in Imo

Mar 27, 2026
Energy

Nigeria’s Power Sector Reforms Attract $2 Billion Investment, Liabilities Slashed to N146 Billion

Mar 27, 2026
Finance

CBN Cuts Treasury Bill Rates as Investors Flood Market with N2.7 Trillion Subscriptions

Mar 27, 2026
investment

Nigeria’s Capital Market Key to Closing $100 Billion Infrastructure Gap, Says SEC

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World

Saudi warns of $50 oil if OPEC+ fails to honour cut deal

Oct 3, 2024

Walz, Vance clash at policy-heavy vice presidential debate

Oct 2, 2024

Refugees Contribute $124b To U.S. Economy

Oct 2, 2024
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