Investors in the Nigerian equities market gained N104 billion at the close of trading on Tuesday. This followed a surge in the share prices of stocks...
The Centre for The Promotion of Private Enterprise [CPPE] has warned that the decisions taken by the Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC)...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has blamed the excessive printing of the naira and other policies inutiated by his predecessor,...
The Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) has again raised the interest rate by 50 basis points to 27.25 percent. This is the...
Oil marketers have assured Nigerians that the prices of Premium Motor Spirit (PMS) popularly known as petrol will crash if they are allowed to lift petrol...
Billionaire industrialist, and Chief Executive Officer (CEO) of the Dangote Refinery and Petrochemical Plants, Aliko Dangote has disclosed that the refinery sold Premium Motor Spirit (PMS)...
The equities market got off to a positive start this week on Monday, September 23, 2024 as investors gained N79bn at the end of trading on...
The Infrastructure Concession Regulatory Commission (ICRC) has assured all stakeholders that the construction of the $3.5 billion Bakassi deep seaport will commence soon. The construction of...
Investors in the Nigerian equities market enjoyed a profit-making trading sessions on the floor of the Nigerian Exchange Group (NGX) last week. The bourse recorded gains...
The average price of 5kg of cooking gas increased from N5,974.55 recorded in July to N6,430.02 last month. The National Bureau of Statistics (NBS) disclosed this...
Residents of Delta, Cross River, and Edo States paid the least price for Premium Motor Spirit (PMS), popularly known as petrol in August. The National Bureau...
The Lekki peninsula stands out as a beacon of modernity and luxury. Over the past decade, Lekki has transformed from a quiet, residential area into a...
Investors in Nigerian equities market enjoyed a profitable trading week raking in N454.86bn on the floor of the Nigerian Xchange Group (NGX) as equity capitalisation rose...
Investors at the Nigerian capital market gained N140 billion at the close of trading on Friday. This followed a surge in the share prices of stocks...
A former Chairman of the Nigerian Economic Summit Group (NESG), Kyari Bukar, lamented on Friday that inefficiencies and bureaucracies of the Nigeria Customs Service and other...
Revenue from rail transportation system surged to ₦1.69bn in the second quarter of 2024, fresh data on Rail Transportation Data (Q2 2024) released by the National...
The Central Bank of Nigeria (CBN) has denied reintroducing the controversial cybersecurity levy that was previously suspended. The denial was contained in a statement titled “Clarification...
Investors in the Nigerian equities market endured bearish trading on Thursday to record a N130 billion loss at the close of the day’s trading. This followed...
PZ Cussons Nigeria Plc (PZCN) has been left in the dark after PZ Cussons Plc, its parent company announced the planned sale of its African subsidiaries....
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said on Thursday that Nigeria’s foreign reserves recorded a net inflow of $2.35 billion...
In a bid to bridge the 2024 budget deficit, the federal government is targeting N150 billion from the bond market in September 2024. The auction by...
Investors in the Nigerian equities market went home with N444 billion at the close of trading on Wednesday. This followed the growth in the share prices...
As parts of efforts to strengthen Keystone Bank Limited for sustained growth, the Central Bank of Nigeria (CBN) has appointed a new board for the bank....
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), has faulted claims by the National Bureau of Statistics (NBS) which reported consecutive monthly...
The National Association of Aircraft Pilots and Engineers (NAAPE) has suspended the planned protest scheduled to begin on Wednesday. The workers had on September 12 announced...
The three tiers of government on Tuesday shared the sum of N1.2 trillion as revenue allocation for August. The Director (Press and Public Relations) in the...
The Nigerian equities market returned from the Eid-il-Maulud holiday on Tuesday with N131 billion profit for investors. This followed a surge in the share prices of...
The Central Bank of Nigeria (CBN) has promised continued support to the Federal Government through ways and means advances. However, such will not be more than...
The National Bureau of Statistics (NBS) said on Monday the country’s headline dropped to 32.15% in August. This was lower than the 33.40% for July. According...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) decision to sell petrol lifted from the...
The Nigeria National Petroleum Company Limited (NNPCL) has released another version of the estimated price of petrol bought from the Dangote Refinery. The second version came...
The Coalition of United Political Parties, (CUPP) has berated Dangote Refinery over the high cost of Premium Motor Spirit (PMS) popularly known as petrol. Nigerians have...
The Nigerian National Petroleum Company (NNPC) Limited has further increased the price of Premium Motor Spirit (PMS) also known as petrol. In the new price regime,...
Investors in the Nigerian equities market smiled home last week following a strong showing on the floor of the Nigerian Exchange Group (NGX) by stocks like...
Following the dashed hope of a lower price of the premium motor Spirit (PMS), popularly called petrol from Dangote Refinery, the Minister of Finance and Coordinating...
The Dangote Refinery has refuted claims that it sold premium motor spirit (PMS) to the Nigerian National Petroleum Company Ltd NNPCL at N898/liter describing it as...
In a historic development, the first set of trucks owned by the Nigerian National Petroleum Company (NNPC) Limited have commenced loading premium motor spirit (PMS), popularly...
In Nigeria, many businesses are housed in older buildings due to their affordability, strategic location, or historical value. However, these buildings often require significant upgrades to...
Investors in Nigerian equities market enjoyed a trading week of massive profit taking as they raked in a massive N607bn on the floor of the Nigerian...
In a significant milestone towards achieving energy self-sufficiency, the Presidential Committee on the Sale of Crude Oil and Refined Products has announced that the loading of...
The Nigerian equities market consolidated the profit made on Thursday with another N247bn profit for investors on Friday. This followed a surge in the share prices...
The Nigerian Electricity Regulatory Commission (NERC) has slammed a fine of ₦3.10 billion on the Abuja Electricity Distribution Company (AEDC) and Ikeja Electric Distribution Company (IE)...
Again, operators of the Dangote Refinery and Petrochemical Plant have cried out that local oil marketers are not patronizing its diesel and jet fuel, putting the...
The Nigerian equities market recovered from previous losses on Thursday as investors gained N178 billion at the close of the day’s trading. This followed a surge...
The Central Bank of Nigeria has issued a 30 days ultimatum to Payment Service Providers (PSPs) in the country to adhere to the revised routing instructions...
Spain, the United States of America, France, India and The Netherlands have emerged as Nigeria’s five top export destinations in the second quarter of 2024. This...
Stakeholders in the Nigerian oil and gas sector have called for the establishment of special structure akin to the Bankers’ Committee to drive development in the...
The International Monetary Fund (IMF) has advised the Federal Government to prioritize building and accelerating a social safety net to protect the poor from the impact...
Investors in the Nigerian capital market lost N50 billion at the close of trading on Wednesday. This followed a dip in the share prices of stocks...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Board of the Nigeria Customs Service (NCS) has met on implementation of...
