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Stock

Global stock markets plunge on US recession fears

Aug 6, 2024 0
Global stock markets experienced severe declines on Monday, with Wall Street and Tokyo’s Nikkei seeing significant…
Currency

Naira depreciates to N1,600/$ in parallel market

Aug 6, 2024 0
On Monday, the Naira weakened in the parallel market, falling to N1,600 per dollar from N1,590 last weekend. …
Business

Oil/gas communities send memo to FG, IOCs, NDDC

Aug 6, 2024 0
Oil and gas communities in the Niger-Delta have presented a comprehensive agenda to the Federal Government,…
Trade

BUA Cement’s pre-tax profit drops by 54% in Q1

Aug 6, 2024 0
BUA Cement’s second-quarter results for 2024 show a significant decline in pre-tax profit, falling by 54%…
Business

MTN, Airtel Cut Foreign Debt as Naira Falls

Aug 6, 2024 0
Telecommunication giants MTN Nigeria and Airtel Africa have significantly reduced their foreign exchange (FX)…
Business

Nigerians experience blackout as national grid collapses again

Aug 6, 2024 0
Nigeria's electricity grid collapsed once more on Monday, causing a nationwide blackout. The system failure, which…
Business

Businesses reopen as states contain simmering protests

Aug 6, 2024 0
On Monday, many businesses in Lagos, including popular markets like Mile 2 and government offices in Alausa and…
Crypto

Cryptocurrency Market Faces $900M Loss as Bitcoin Prices Drop

Aug 6, 2024 0
In the past 24 hours, the cryptocurrency market experienced $900 million loss, primarily due to the liquidation of…
Local

CBN introduces Dutch auction system to tackle forex shortages

Aug 5, 2024 0
The Central Bank of Nigeria (CBN) has introduced a Retail Dutch Auction System (DAS) to address the fluctuations…
investment

African caucus calls for investments, energy access, to boost AfCFTA

Aug 5, 2024 0
The African Caucus, which includes over 50 African Ministers of Finance and Central Bank governors, has urged for…
Business

NCC Extends NIN-SIM Verification Deadline Beyond July 31, 2024

Aug 5, 2024 0
The Nigerian Communications Commission (NCC) has instructed telecom operators to extend the NIN-SIM verification…
Finance

Bank directors disagree with Otedola, Elumelu on FX windfall tax

Aug 5, 2024 0
The Bank Directors Association of Nigeria (BDAN) has expressed disagreement with the views of FBN Holdings…
Business

BUA Foods Reports N672.39 Billion Revenue in First Half of 2024

Aug 5, 2024 0
BUA Foods Plc reported N672.39 billion in revenue for the first half of the financial year ending June 30, 2024,…
Agriculture

Civil servants will receive first batch sale of 50kg rice for N40,000, says FG  

Aug 5, 2024 0
The Federal Government announced that the initial sale of 50 kg bags of rice at N40,000 will first be directed to…
Local

Exchange rate for customs duties collection rises to N1,618/$

Aug 5, 2024 0
The exchange rate for the Nigeria Customs Service (NCS) duties collection has increased to N1618.73/$, up from the…
Business

Dangote Refinery: Civil Societies to Monitor Crude Sales Compliance by NNPCL

Aug 5, 2024 0
A coalition of 28 Civil Society Organizations (CSOs) announced plans to set up a situation room to monitor the…
Energy

Dangote diesel sulphur triggers concern, marketers fault rejection report

Aug 5, 2024 0
Reports allege that diesel produced by the $20bn Dangote Petroleum Refinery contains high levels of sulphur. …
Business

Public debt stock may hit N130tn by Dec – Report

Aug 5, 2024 0
Nigeria's public debt is projected to reach N130tn by the end of 2024, with a debt-to-GDP ratio of 55% and…
Opinion

Effective Communication, a Necessity in Addressing National Protests – 8…

Aug 3, 2024 0
The ongoing protests in Nigeria have highlighted a significant issue: the lack of coordinated communication from…
Energy

Dangote refinery to gulp N1.7tn crude monthly – Report

Aug 2, 2024 0
President Bola Tinubu has mandated the Nigerian National Petroleum Company (NNPC) to sell crude oil to the Dangote…
Banking

UBA emerges most visited Nigerian banking website

Aug 2, 2024 0
United Bank for Africa (UBA) has been named the most visited banking website in Nigeria, with 2.36 million visits…
Business

FG non-oil savings rise by N4tn – NBS

Aug 2, 2024 0
The Federal Government’s savings in its non-oil excess account increased by 304.1% in the first year of President…
Business

AfDB okays $500m fresh loan for Nigeria

Aug 2, 2024 0
The African Development Bank Group has approved a $500 million loan to the Federal Government of Nigeria to…
Business

Nigerian shipowner names ICS board director

Aug 2, 2024 0
The International Chamber of Shipping (ICS) has appointed Mr. Aminu Umar, President of the Nigerian Chamber of…
Commodities

FCCPC accuses Coca Cola Nigeria of misleading trade description, unfair marketing…

Aug 2, 2024 0
The Federal Competition and Consumer Protection Commission (FCCPC) has accused Coca-Cola Nigeria Ltd and the…
Business

Protests: Max Air temporarily suspends operations 

Aug 2, 2024 0
Max Air has temporarily suspended its operations on August 2, 2024, due to nationwide protests. In a…
Business

Karu LG enforces 6 p.m. to 6 a.m. curfew amid protests

Aug 2, 2024 0
In response to escalating violence during the nationwide protests, the Karu Local Government Council in Nasarawa…
Business

Access Bank revamps digital loan platform, disburses N740bn in seven years

Aug 2, 2024 0
Access Bank has updated its digital loan platform, QuickBucks, to enhance lending services for Nigerian consumers.…
Business

Nigeria’s foreign investments rising on proposed bank recapitalisation -Cardoso

Aug 2, 2024 0
Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), attributes the recent rise in foreign investments…
Business

FG to spend $7.2bn on two deep seaport projects

Aug 1, 2024 0
The Federal Government is planning to spend $7.2 billion to complete two deep seaports in Ibom and Badagry. …
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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

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investment

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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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