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Nigeria’s Foreign Reserves Dip by $4.07 Billion in 11 Months, Hits $33…
Nigeria's foreign reserves experienced a substantial decline of $4.07 billion in the first 11 months of 2023,…
World Bank President Urges Record Funding for IDA to Meet Growing Demands
World Bank President Ajay Banga has called on member countries to make the next replenishment of the…
Nigerian President Orders Probe into Deadly Military Drone Attack in Kaduna”
Nigeria's President Bola Tinubu has ordered a comprehensive investigation into a military drone attack over the…
Controversial Pricing Shift Raises Concerns Over Nigeria’s Oil Revenue…
The Nigerian National Petroleum Corporation (NNPC) is implementing a contentious shift in how it prices its crude…
Increased Fuel Prices Lead to Soaring Interstate Travel Costs for Nigerian…
Holidaymakers in Nigeria, especially those travelling from major cities like Abuja and Lagos to their country…
Soaring Diesel Prices Hit Container Haulage, Threaten Christmas Shopping in…
As the Christmas season approaches, shoppers in Nigeria face the threat of struggling to purchase goods due to the…
EFCC Presents N76.586 Billion Budget to House Committee, Citing Need for Vigilance…
The Economic and Financial Crime Commission (EFCC) defended a budget of N76.586 billion for the next financial…
Senate Summons Nigerian Ports Authority Over Terminal Operators’ $1.85…
The Senate Public Accounts Committee has summoned the Nigerian Ports Authority (NPA) to provide explanations for…
Mounting Pressure on NNPC as December Deadline for Port Harcourt Refinery Nears
With only 26 days remaining until the end of December, the Nigerian National Petroleum Corporation (NNPC) faces…
Nigeria’s Trade Surplus Hits 5-Year High Amid Naira Devaluation
Nigeria's trade surplus has reached its highest point in five years and three months, driven predominantly by the…
COP28 President’s Controversial Stance on Fossil Fuels Sparks Outcry
Sultan Al Jaber, president of the COP28 Climate Summit, has ignited controversy by dismissing the scientific…
Sharp Surge in Dollar Inflow Through CBN: July 2023 Economic Report”
In July 2023, the Central Bank of Nigeria (CBN) witnessed a substantial surge in dollar inflow, marking a notable…
Nigeria Inks Deal for 1 GW Solar PV Manufacturing Plant to Revolutionize Energy…
In a significant move to enhance its energy landscape, the Federal Government of Nigeria has entered into an…
Senator Jimoh Ibrahim Advocates Borrowing for Economic Growth, Defends COP28…
Senator Jimoh Ibrahim, representing Ondo South in the Nigerian Senate, has reaffirmed his stance that the…
NGX Trading Report: Market Records Turbulent Start, N259 Billion Loss
The Nigerian Stock Exchange (NGX) witnessed a turbulent start to the week as the All-Share Index declined by…
Julius Berger Officially Hands Over Second Niger Bridge to Nigerian Government
Construction giant Julius Berger has officially handed over the completed Second Niger Bridge to the Nigerian…
Prof. Benedict Oramah Named FORBES AFRICA Person of the Year 2023
Prof. Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), has been named FORBES AFRICA…
Nigerian Exchange Lists Additional 398 Million McNichols Consolidated Shares
The Nigerian Exchange Limited (NGX) has listed an additional 398 million ordinary shares of McNichols…
Gold Hits Record Highs, Bitcoin Surpasses $41K in Year-End Rally
As markets enter the last month of the year, gold has reached record highs, trading at $2,100, while Bitcoin…
COP28 Delegates Launch Long-Awaited Climate Fund for Loss and Damage
Delegates at COP28 have made a surprising decision to launch a long-awaited fund to address damage from…
Russia’s Largest Oil and Gas Exporters Experience 41% Drop in Revenues
Russia's largest oil and gas exporters faced a significant challenge as their total revenues plummeted by 41%…
Nigerian Senate Threatens EFCC Involvement to Recover N135 Billion CBN Gas…
The Nigerian Senate has issued a threat to involve the Economic and Financial Crimes Commission (EFCC) in the…
Nigerian Ports Authority Emphasizes Compulsory Vessel Pilotage Regime to Boost…
Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority (NPA), has highlighted the…
FirstBank Group Appoints Olukorede Adenewo as Managing Director of FirstBank UK
FirstBank Group has appointed Olukorede Adenewo as the Managing Director of FirstBank UK, effective from November…
Economic Challenges May Hinder Nigerian Insurance Sector’s Ambitious…
The Nigerian insurance sector's plans to generate a premium of N148.30 billion from third-party motor insurance…
Tribute Paid to Late Christopher Ogunbanjo for Contributions to Nigerian Capital…
A special tribute session and closing-gong ceremony were held at the Nigerian Exchange Limited (NGX) to honor the…
NGX Records Bullish Performance, Gains N51 Billion in Market Cap
The Nigerian Exchange Limited (NGX) continued its bullish trend, recording a 0.11% increase in the All-Share…
Nigerian Equities Market Rises by 0.11% Boosted by Top Advancers
The Nigerian equities market recorded a 0.11% increase, attributed to the positive performance of key advancers…
Nigeria Faces Challenges Meeting OPEC+ Oil Production Target, Independent…
Nigeria is encountering difficulties in meeting its oil production target set by OPEC+ for 2024, as revealed by…
SBG Securities Ceases Coverage on Sub-Saharan African Food Producers Amidst…
SBG Securities Research, a member of the Standard Bank Group, has announced that it will no longer provide…