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Nigeria’s Pension Assets Surge to N17.01 Trillion, 10.03 Million Subscribers…
As of July 2023, Nigeria's pension assets have risen to N17.01 trillion, showcasing a significant increase from…
Nigerian Stock Market Loses N757 Billion in Two Days Following FTSE Russell…
Investors on the Nigerian Exchange Limited (NGX) have suffered a loss of N757 billion within two days after the…
Nigeria’s Equities Market Sees Continued Sell-Offs, Investors Book N293…
Nigeria's equities market continues to experience a negative trend, with more investors opting to sell their…
Nigeria Faces Threat to 2023 Budget as Crude Oil Output Falls by 470,000 Barrels…
The implementation of Nigeria's 2023 budget, set at N21.8 trillion, is at risk due to a shortfall in crude oil…
United Bank for Africa (UBA) Records Exceptional Half-Year Performance, Profits…
United Bank for Africa (UBA) Plc, often referred to as Africa’s Global Bank, has reported remarkable financial…
Federal Government Launches Inaugural Cargo Movement on Lagos-Ibadan Rail Corridor
After initial concerns regarding the under-utilization of the standard gauge rail line two years…
Nigeria at G-20: A Glimpse of Hope in International Relations
The G-20 summit held in New Delhi, India, has concluded, marking a significant stride for the Nigerian delegation,…
NNPC CEO and Regulatory Authority CEO Absent from Probe Hearing
The CEO of the Nigeria National Petroleum Company Limited (NNPC), Mele Kyari, and the CEO of the Nigerian…
NERC Launches App to Monitor Electricity Distribution Compliance with Tariffs
The Nigeria Electricity Regulatory Commission (NERC) introduced a new app on September 11 to oversee the adherence…
Tinubu’s Economic Reforms Benefit Business Elites, Says The Economist
President Bola Tinubu's recent economic decisions, including the removal of fuel subsidies and the unification of…
Nigeria And UAE: Cautious Optimism As FG Adopts Piecemeal Negotiation Out Of $800m…
The United Arab Emirates (UAE) has officially lifted the visa ban on Nigerian travelers, ending a nearly year-long…
Electricity Metered Customer Base Grows by 10.4% in Nigeria
The number of metered electricity customers in Nigeria reached 5.47 million in Q2 2023, indicating a notable…
Concerns Mount as Nigeria’s Fiscal Deficit Surges to ₦3.68 Trillion in 2023
A recent report reveals that Nigeria's fiscal deficit soared to ₦3.68 trillion in the first five months of 2023.…
Historic Agreement: UAE Lifts Visa Ban on Nigerian Travelers
In a significant diplomatic breakthrough, the United Arab Emirates (UAE) has officially lifted the visa ban…
Central Bank of Nigeria Directs Banks to Use Forex Gains Prudently
The Central Bank of Nigeria (CBN) issued a directive on Monday instructing commercial banks not to utilize their…
Surge in Insurance Claims Places Pressure on Leading Nigerian Firms
In the first half of 2023, Nigeria's top insurance companies witnessed a substantial surge in net claims payments,…
Olam Group Disputes Nigerian Media’s Forex Fraud Allegations
Singapore-based Olam Group has strongly refuted recent reports from Nigerian media claiming its African units were…
Tinubu Administration Focuses on Tax Reform, Not Rate Hikes – Taiwo Oyedele
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, assured that President…
Medical Consultants in Nigeria Extend Ultimatum, Cite Brain Drain Concerns
The nationwide strike planned by the Medical and Dental Consultants Association of Nigeria (MDCAN) has been…
President Tinubu Explores Economic Collaboration with Germany, South Korea, and…
Nigeria’s President Bola Tinubu engaged in discussions with German Chancellor Olaf Scholz, South Korean President…
Fitch Ratings Expresses Concern Over Nigeria’s Weak External Reserves and Policy…
Fitch Ratings has raised alarms over Nigeria's precarious external reserves, stating that it underscores the…
FAAN Initiates Relocation of International Airlines to New Terminal at Lagos…
The Federal Airports Authority of Nigeria (FAAN) has commenced the process of relocating international airlines to…
Dollar Holds Near Six-Month Highs Amid Inflation Concerns and Fed Hawkishness
The dollar has stabilized near six-month highs, as ongoing signs of inflation in the United States continue to…
Nigeria Records N335m Loss Due to Oil Spills in 2023
Between January and August 2023, Nigeria suffered an estimated loss of N335 million due to oil spills, according…
Nigeria Records a Foreign Trade Surplus of N2.22tn in H1 2023
In the first half of 2023, Nigeria's foreign exchange earnings experienced growth, resulting in a foreign trade…
NCC Urges Banks to Settle N120bn USSD Debt to Boost Financial Inclusion
The Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, has emphasized that…
Nigerian Stock Market Records N112 Billion Loss as Bearish Trend Continues
The Nigerian stock market experienced another downturn on Thursday, resulting in a loss of N112 billion in market…
Nigeria Secures $14 Billion Pledges from Indian Investors, Eyes Economic…
Nigerian President Bola Tinubu has garnered pledges of nearly $14 billion from Indian investors, signaling a…
Nigerian Minister Pledges to Review Land Use Act in Collaboration with World Bank
The Nigerian Minister of Housing and Urban Development, Mr. Ahmed Musa Dangiwa, has affirmed his commitment to…
Nigerian Postal Service Unveils Commemorative Stamp for Pan African Postal Union…
The Nigerian Postal Service (NIPOST) has introduced a commemorative stamp valued at N255 to mark the launch of the…