The Nigerian stock market ended the trading this week with N156 billion profit for investors on Friday. This followed a surge in the share prices of...
One of Nigeria’s local airlines, Air Peace, has announced that it will increase airfares on local routes from November 1. According to an internal memo, the...
In a bold move to tackle Nigeria’s persistent power transmission issues, the Nigerian Electricity Regulatory Commission (NERC) is considering a plan that would require power distribution...
The Central Bank of Nigeria (CBN) said on Thursday it has not fixed any deadline for the withdrawal of the old N200, N500, and N1,000 banknotes...
NGX Regulation Limited (NGX RegCo), the regulatory arm of the Nigerian Exchange Group (NGX), has suspended trading in the shares of Oando Plc. NGXRegCo announced the...
The equity capitalization crossed the N60 trillion mark on Thursday as investors in the Nigerian stock market gained N147 billion at the close of the day’s...
The Chief Executive Officer of a leading cryptocurrency, platform, Binance, Richard Teng, said on Thursday Nigeria is well-positioned to leverage blockchain technology to address economic and...
Nigeria and 12 other countries have joined the BRICS intergovernmental organization as partner nations. The other 12 countries are – Algeria, Belarus, Bolivia, Cuba, Indonesia, Kazakhstan,...
The Executive Director of Binance Holding Limited, Tigran Gambaryan, Wednesday night left Nigeria for the United States after spending eight months in detention. This development followed...
Indications have emerged that the Nigerian National Petroleum Company (NNPC) Limited has commenced the process of paying the $6.8 billion debt owed to suppliers. Wale Edun,...
The National Bureau of Statistics (NBS) said on Wednesday that 67.8 percent of households in Nigeria use fuelwood as a source of energy for domestic and...
The House of Representatives has resolved to investigate the frequent collapse of the national grid. The national grid collapsed three times last week to bring the...
The Nigerian equities market sustained its bullish sentiment on Wednesday as investors gained N31 billion at the close of the day’s trading. This followed a surge...
The Nigerian government is eyeing increased oil production to boost forex inflow to stabilise the naira and boost economic growth. Minister of Finance and Coordinating Minister...
The International Monetary Fund (IMF) has disclosed that Nigeria and other frontier markets have remained very active in the global debt market. This is despite Nigeria’s...
The House of Representatives on Tuesday urged the Central Bank of Nigeria (CBN) to raise agricultural lending from 1.4 percent to 7 percent over the next...
The equities market sustained its bullish sentiment on Tuesday as investors gained N120 billion at the close of the day’s trading. This followed a surge in...
The International Monetary Fund (IMF) has projected Nigeria’s economy to grow by 3.2% in 2025. The Bretton Wood institution also expected the country’s inflation to drop...
The Minister of Power, Adebayo Adelabu, has set up a six-member committee to advise the Federal Government on measures to make the national grid robust and...
The Dangote Industry Limited (DIL), the parent company of Dangote Refinery and Petrochemical Plant, has declared its readiness to withdraw the ₦100 billion suit against the...
Dangote Petroleum Refinery and Petrochemicals has filed a lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) at the Federal High Court, Abuja, and...
Investors in the Nigerian capital market gained N378 billion at the close of trading on Monday. This followed a surge in the share prices of stocks...
The Federal Government has approved Seplat Energy’s purchase of Exxon Mobil’s onshore assets valued at $1.28b billion. The chief executive officer of the Nigerian Upstream Petroleum...
The International Transport Workers’ Federation has congratulated Nigeria for exiting the global aviation compliance watchlist. Ripples Nigeria reports that Nigeria recently attained a global compliance score...
The Ethiopian Airlines Consortium has petitioned President Bola Ahmed Tinubu to intervene in its dispute with Aviation Minister Festus Keyamo over the Nigeria Air project. In...
Investors in the Nigerian equities market experienced a boom this last trading week gaining N3.34 trillion on the floor of the Nigerian Xchange Group (NGX) as...
Despite the recent hike in the electricity tariff paid by some Nigerians on Band A, the Transmission Company of Nigeria (TCN) has disclosed that the electricity...
The Nigerian Electricity Regulatory Commission (NERC) has resolved to conduct an investigative hearing on the recurring incidents of grid collapse and power outages in the country....
The Transmission Company of Nigeria (TCN) said on Saturday the national grid has been restored after it experienced a temporary disturbance earlier in the day. The...
FBN Holdings Plc has appointed Adebowale Oyedeji as its group managing director (GMD). The notice of the appointment was contained in a corporate disclosure notice filed...
Many parts of the country was on Saturday again left without electricity power supply as the nation’s dried again collapsed. This makes it the third time...
Investors in the Nigerian equities market experienced a boom this trading week gaining N3.34 trillion on the floor of the Nigerian Xchange Group (NGX) as equity...
As part of its support for young people in Nigeria and to boost their capacities, the African Development Bank (AfDB) will establish a Youth Entrepreneurship Investment...
The Federal Government has signed a Memorandum of Understanding (MoU) with Ericsson on the Fifth Generation (5G) technology development, deployment, and innovation. The Minister of Communications,...
The bearish sentiment persisted in the Nigerian equities market on Friday as investors lost N6 billion at the close of the day’s trading. This followed a...
Aliko Dangote, the president of the Dangote Industries Limited (DIL), has doubled his wealth to a record $27.8 billion. This follows the operationalisation of his multibillion-dollar,...
Vice President Kashim Shettima, on Thursday, made a compelling case for global investors to capitalize on Nigeria’s burgeoning investment opportunities. Speaking at the Epicenter in Stockholm,...
The Minister of Aviation and Aerospace Development, Festus Keyamo said on Thursday Nigeria has been removed from the Aviation Working Group (AWG) blacklist for non-compliance with...
The three tiers of government on Thursday shared the sum of N 1.29 trillion as revenue allocation for September. The Director of Press and Public Affairs...
The bearish sentiment persisted in the Nigerian equities market on Thursday as investors lost N127.34 billion at the close of the day’s trading. This followed the...
The World Bank on Thursday passed a vote of confidence on the economic reforms by President Bola Tinubu’s administration saying they are beginning to show results....
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, has said the apex bank is working towards verifying the outstanding claims from the...
Anambra State Governor Chukwuma Soludo has expressed concern over the insufficient inflow of Foreign Direct Investments (FDI) into Nigeria, indicating that the nation is not maximizing...
The Director-General of the Food and Agriculture Organization (FAO), Qu Dongyu, said on Wednesday at least 2.8 billion people across the world cannot afford healthy diets....
Investors in the Nigerian equities market lost N148 billion at the close of trading on Wednesday. This followed the dip in the share prices of stocks...
The World Bank has warned that the latest increase in the prices of Premium Motor Spirit (PMS) also known as petrol in September may reverse the...
Despite the intervention of the Central Bank of Nigeria,CBN in shoring up the naira, the Nigerian currency has been listed among the worst-performing currencies in sub-Saharan...
The Chief Executive Officer of Air Peace, Allen Onyema, has made a passionate plea to the federal government to eliminate the numerous charges imposed on players...
The chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has revealed that Nigerian businesses are shouldering an estimated $3.5 billion annual tax...
The governor of Nigeria’s Central Bank, Olayemi Cardoso, has disclosed that the country’s foreign reserves rose by 12.74 per cent to $39.12 billion as of October...
