Category: Local

In a significant move to enhance its energy landscape, the Federal Government of Nigeria has entered into an agreement at…

Senator Jimoh Ibrahim, representing Ondo South in the Nigerian Senate, has reaffirmed his stance that the country’s economic growth hinges…

The Nigerian Stock Exchange (NGX) witnessed a turbulent start to the week as the All-Share Index declined by 0.66%, resulting…

Construction giant Julius Berger has officially handed over the completed Second Niger Bridge to the Nigerian government. The 1.6-kilometer-long bridge,…

Prof. Benedict Oramah, the President of the African Export-Import Bank (Afreximbank), has been named FORBES AFRICA Person of the Year…

The Nigerian Exchange Limited (NGX) has listed an additional 398 million ordinary shares of McNichols Consolidated Plc, following the company’s…

As markets enter the last month of the year, gold has reached record highs, trading at $2,100, while Bitcoin surged…

Delegates at COP28 have made a surprising decision to launch a long-awaited fund to address damage from climate-driven events such…

Russia’s largest oil and gas exporters faced a significant challenge as their total revenues plummeted by 41% between January and…

The Nigerian Senate has issued a threat to involve the Economic and Financial Crimes Commission (EFCC) in the recovery process…

Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority (NPA), has highlighted the significance of the compulsory vessel pilotage…

FirstBank Group has appointed Olukorede Adenewo as the Managing Director of FirstBank UK, effective from November 16, 2023, subject to…

The Nigerian insurance sector’s plans to generate a premium of N148.30 billion from third-party motor insurance by December 31, 2023,…

A special tribute session and closing-gong ceremony were held at the Nigerian Exchange Limited (NGX) to honor the late Christopher…

The Nigerian Exchange Limited (NGX) continued its bullish trend, recording a 0.11% increase in the All-Share Index, reaching 71,365.25 points.…

The Nigerian equities market recorded a 0.11% increase, attributed to the positive performance of key advancers such as NNFM, Mecure,…

Nigeria is encountering difficulties in meeting its oil production target set by OPEC+ for 2024, as revealed by independent consultancies…

SBG Securities Research, a member of the Standard Bank Group, has announced that it will no longer provide coverage and…

Nigeria’s Information and Communication Technology (ICT) sector, a key driver of economic growth for over five years, is exhibiting signs…

The Nigerian pension landscape has witnessed a significant shift as 178,164 contributors, managing a total of N710.89 billion, have leveraged…

Despite the removal of fuel subsidies, Nigeria faces a historic budget deficit of N9.18 trillion in 2024, emphasizing challenges in…

Norwegian energy company Equinor has reached an agreement to sell its Nigerian business, including its stake in the Agbami oil…

Nigeria’s President Bola Tinubu has unveiled ambitious plans to narrow the country’s budget deficit to approximately 3.9% of GDP in…

President Bola Tinubu has appointed a new Board and Management team for the Nigerian National Petroleum Company Limited (NNPCL), comprising…

President Bola Tinubu presided over the Federal Executive Council (FEC) meeting, where the approval of the sum of N27.5 trillion…

Zenith Bank Plc has signed a Memorandum of Understanding (MoU) with the French government to establish a subsidiary in France.…

Several marginal oil fields in Nigeria remain undeveloped years after being awarded to companies due to the challenges posed by…

The delisting of Union Bank of Nigeria’s shares from the Nigerian Exchange Limited (NGX) led to a N132 billion loss…

BFREE, a German-Nigerian fintech firm, has signed a Memorandum of Understanding (MoU) with Union Bank of Nigeria during the German-Nigerian…

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has issued a directive calling for the recapitalization of…