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Transcorp Hotels Joins N1tn Market Cap Club
Transcorp Hotels Plc, a key player in the hospitality industry, has achieved a significant milestone by entering!-->…
Access Holdings Acquires Megatech Insurance Brokers
In a statement filed with the Nigerian Exchange Limited on Monday, Access Holdings Plc has successfully acquired!-->…
Gates Foundation Announces Annual Budget of $8.6bn, Focuses on Global Health…
The Bill & Melinda Gates Foundation has unveiled its annual budget of $8.6 billion for the year 2024,!-->…
Afreximbank and UBA Disburse $2.25 Billion Oil-for-Cash Loan to NNPC
The African Export-Import Bank and the United Bank for Africa have successfully disbursed $2.25 billion from the!-->…
Nigeria is not an Import-dependent Country-Data
According to World Bank data, Nigeria is not as import-dependent as perceived by many people. Nigeria, despite!-->…
Ajaokuta Steel Company: Struggle for Industrialization
Despite being an emblem of Nigeria's industrial aspirations since its initiation in 1979, the Ajaokuta Steel Mill!-->…
SERAP Advocates 70% Cut to National Assembly Budget, Deeming it Excessive
Nigeria's Socio-Economic Rights and Accountability Project (SERAP) has called for a significant reduction of 70%!-->…
EFCC Reignites High-Profile Corruption Cases
The Economic and Financial Crimes Commission (EFCC) has revived high-profile corruption cases involving former!-->…
Expect Exchange Rate to Improve- Minister Bagudu
The Minister of Budget and Economic Planning, Atiku Bagudu, anticipates an improvement in the exchange rate,!-->…
Nigerian Exchange: YTD Gains, Investors profits 1.8tn
Less than a month into the New Year, the Nigerian Exchange Limited has achieved double-digit year-to-date gains,!-->…
FG to Boost internet Connectivity in Eight States
In the first quarter of 2024, Nigeria is set to launch the National Broadband Alliance for Nigeria, an initiative!-->…
Opportunities in 2024 Budget for Nigerian Economy-First Bank CEO
Adesola Adeduntan, the Chief Executive Officer of First Bank of Nigeria, emphasized the presence of opportunities!-->…
Potential 400% Revenue Increase through Foreign Investment in Hospitality-…
Stakeholders in the hospitality industry have highlighted the potential for a substantial 400% increase in!-->…
NOVA Merchant Bank Increases Employee’s Salary by 50% Salary
NOVA Merchant Bank Limited has implemented a substantial 50% salary increase for its staff effective November 1,!-->…
Ajaokuta Steel Company Faces Disconnect Over N33bn Electricity Debt, FG Begins…
The Federal Government has announced an investigation into the non-functioning Ajaokuta Steel Company Limited,!-->…
FG Adopts N800 to Dollar Exchange Rate in 2024 Budget
With the aim of ensuring stability in the 2024 Appropriation Act, the Federal Government disclosed on Thursday!-->…
ILO Warns of Global Job Losses in 2024, Projects 5.2% Unemployment Rate
The International Labour Organisation (ILO) has issued a projection, stating that approximately two million!-->…
Multinationals May Exit Nigeria in 2024 Amid Economic Environment- Report
A recent report by financial solutions firm Cardinal Stone suggests that multinational firms in the Fast Moving!-->…
Wema Bank Reports Over 130% Growth in Profit
Wema Bank has showcased remarkable financial performance in the third quarter of 2023, as its Profit Before Tax!-->…
Emerging Africa Capital Redeems Series 3 Commercial Paper Worth N1.6Bn
Emerging Africa Capital Limited, an Investment Banking and Financial Services company, announced the successful!-->…
Nigerian Stock Market Bounces Back, Gains N313bn
The Nigerian Exchange Limited closed on a positive note on Thursday, with investors gaining approximately N313bn.
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International Breweries Plc Board Considers Rights Issue and Share Capital…
International Breweries Plc's Board of Directors is set to deliberate on a Rights Issue and an increase in its!-->…
cNGN Faces Challenges as CBN Plans Transition from eNaira
As the Central Bank of Nigeria (CBN) prepares to introduce cNGN, its stablecoin, through commercial banks and!-->…
EFCC: Ministers get Investigated, ICPC Recovers N50bn
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) successfully recovered N50bn that!-->…
Naira Depreciates by 26.36% Against Dollar as CBN Clears $2bn Debt
The Nigerian Naira has experienced a significant 26.36% depreciation against the US Dollar in the official!-->…
Hassan Imam Gets Appointed as New CEO of Keystone Bank
The Central Bank of Nigeria (CBN) appointed Hassan Imam as the new Chief Executive Officer and Managing Director!-->…
FG Allocates N450bn for Power Interventions in 2024 Budget
The Federal Government of Nigeria allocates N450 billion towards power interventions in 2024, as revealed in the!-->…
Nigerian Stock Market Drops by N638bn in the New Year
The Nigerian Exchange Limited experienced its first depreciation in market capitalization for the New Year as the!-->…
Oil Marketers Seek Collaboration with Dangote Refinery
Oil marketers, represented by the Independent Petroleum Marketers Association of Nigeria, plan to meet with!-->…
Tinubu Plans Governance Cost Cut- Daniel Bwala
Daniel Bwala, former member of the All Progressive Congress (APC) and spokesperson for the Atiku Abubakar!-->…