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Access Holdings commences N351bn ordinary shares offer to shareholders
Access Holdings has launched a rights issue of 17.7 billion ordinary shares at N19.75 per share, totaling N351!-->…
FG Clears $850m Debt To EU Airlines
The Nigerian government has cleared a backlog of debts amounting to $850 million owed to European airlines, as!-->…
FAKE NEWS ALERT: No Explosion At Zungeru Hydroelectric Dam, Say ED, Police
Siraj Abdullahi, executive director of the Zungeru hydroelectric dam in Niger state, refuted reports of an!-->…
Adefeko Calls For Urgent Action To Address Food Insecurity
Ade Adefeko, director of corporate and regulatory affairs at Olam Agri, has called for urgent measures to address!-->…
Senate Passes Bill To Allow Foreigners In Nigeria Obtain NIN
The Nigerian Senate has passed a bill for a second reading that proposes granting all persons, including!-->…
Nigeria Air Project Remains Suspended Pending Presidential Decision
The Nigerian government's Nigeria Air project remains suspended as Minister of Aviation and Aerospace Development,!-->…
Stanbic, Citibank, Rand lead $1bn capital importation
In the fourth quarter of 2023, Nigeria saw a 2.62% increase in capital importation, reaching $1.09 billion,!-->…
Nigeria’s N121.6trn Debt Exceeds 50% GDP
PricewaterhouseCoopers International Limited (PWC) has reported that Nigeria's public debt soared to N121.67!-->…
Credit to government rises by 42% to N28.4trn
Credit to the Nigerian government experienced a substantial month-on-month increase of N8.4 trillion, rising by 42!-->…
Best performing stocks in the NGX in the first half of 2024
The Nigerian Exchange (NGX) achieved a significant growth of 33.81% in the first half of 2024, with the All-Share!-->…
Coronation Insurance posts 192% profit growth in 2023
Coronation Insurance Plc has reported an impressive year-on-year profit growth of 192% for the fiscal year 2023.
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Nigeria’s telecom sector attracts $191.5 million FDIs in Q1 2024 – NBS
Nigeria's telecommunications sector attracted $191.5 million in Foreign Direct Investments (FDIs) in Q1 2024.
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Dangote refinery begins gasoil exports to West African countries, as imports from…
Nigeria’s new Dangote oil refinery is increasing gasoil exports to West Africa, capturing market share from!-->…
Toyota to launch three electric vehicles in Nigeria
Toyota Nigeria Limited (TNL) announced plans to introduce three electric vehicles in Nigeria over the next three!-->…
New Minimum wage may push states into bankruptcy — NGF report
The implementation of a new minimum wage in Nigeria is facing roadblocks. While President Tinubu has promised to!-->…
NESG Backs CBN’s Stoppage Of Price Verification System On FX
The Nigerian Economic Summit Group (NESG) is praising the Central Bank of Nigeria's (CBN) decision to eliminate!-->…
MRS Nigeria Delisted from the Nigerian Stock Exchange, Eyes OTC Market
MRS Nigeria Limited, an oil marketing firm, has received shareholder approval to voluntarily delist its shares!-->…
MTN To Construct West Africa’s Largest Data Centre
MTN Nigeria is building the largest data center in West Africa, a signficant development for the country's digital!-->…
Nigeria Removes 5 Oil Blocks from Licensing Round Due to Legal Issues
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has removed five (5) oil blocks from the ongoing!-->…
Nigeria’s cryptocurrency market worth over $400m — SEC DG
The Director General of the Securities and Exchange Commission (SEC), Emomotimi Agama, highlighted the!-->!-->!-->…
220 Drug Suspects Arrested As NDLEA Destroys 14 Cannabis Farms In Edo
The Edo State commander of the National Drug Law Enforcement Agency (NDLEA), Mr. Callys Alumona, announced that!-->…
Naira Depreciates Further, Exchanges At N1,510/$
The Naira maintained its downward trend, reaching N1,510.10 against the US Dollar as reported by Daily Trust. This!-->…
Nigeria Spends N1.47tr On Vehicle Importation
Mr. Oluwemimo Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC),!-->…
EFCC Chairman recommends blockchain, AI for tracking and recovering $88.6 billion…
Mr. Olanipekun Olukoyede, Executive Chairman of the Economic and Financial Crimes Commission (EFCC), has called!-->…
About 60% of applicants have received N50,000 under trade grant scheme — Doris…
During the National Economic Council (NEC) meeting at the Presidential Villa, President Tinubu announced!-->…
Federal Government Launches Task Force to Tackle Illegal Charter Flights in…
The Federal Government has taken decisive action to address the proliferation of unauthorized and illegal charter!-->…
Ethiopian Airlines Group Wins Double Awards in Africa
Ethiopian Airlines Group, recognized as Africa's largest airline group, has secured top honors once again at the!-->…
‘FirstBank Committed to Boost Economy through Creative Arts’
Dr. Timothy Arowoogun, Group Head, Public Sector West of FirstBank of Nigeria (FBN), emphasized the potential of!-->…
PalmPay Insists on CAC Registration to Prevent Account Freezing
PalmPay is urging its Business users to register and submit their Corporate Affairs Commission (CAC) details by!-->…
Dangote refinery: Crude supply crisis threatens oil investments, operators warn FG
Modular refineries in Nigeria are facing challenges due to an unreliable domestic crude oil supply, prompting them!-->…