Equity Market Increases by N874bn, Led by Chams Holdings, PZ Cussons, and 66…
The equity market witnessed an upswing, gaining N874 billion at the close of trading on Monday, propelled by…
Analysts Advices Investors on Rising Inflation
As inflation continues its upward trajectory, analysts are advising equity market investors to remain resilient by…
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.
…
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…
European Stocks Gain Amid Wall Street Momentum
European stock markets rose on Thursday, influenced by positive developments on Wall Street and ahead of the…
U.S. Dollar Steady Ahead of Crucial Inflation Data
The U.S. dollar maintained its strength in early European trade, holding onto most of its gains from the beginning…
Bitcoin Holds Steady After U.S. SEC Approves ETFs
Bitcoin maintained its position on Thursday near its highest level since March 2022 following the landmark…
Oil Prices Rise Amid Middle East Tensions and Supply Concerns
Oil prices climbed on Thursday following reports of an oil tanker being boarded by an armed group in Oman, raising…
European Shares Rise with Focus on U.S. Inflation Data
European shares advanced on Thursday, with the pan-European STOXX 600 gaining 0.5% by 0921 GMT. The upward…