Investors in the Nigerian equities market lost N188 billion at the end of trading on Thursday. This followed the crash in the share values of IKEJA...
The federal government has reached an agreement with oil producers to permit the sale of crude oil to domestic refiners at prevailing market prices. This deal,...
The Nigerian equities market continued its negative runs on Wednesday with investors losing N2.18 billion at the close of the day’s trading. The followed the dip...
Nigeria’s average daily crude oil production increased to 1.27 million barrels per day (mbpd) in June 2024, fresh data from the Organisation of Petroleum Exporting Countries...
Telecommunication operators including MTN Nigeria, Glo and others have appealed to the Nigerian Communications Commission, NCC for permission to increase their tariff. This increase, they insisted,...
After the COVID-19 pandemic, there has been a noticeable increase in international trade and a greater reliance on digital commodities and e-commerce worldwide. The significance of...
The Senate on Tuesday called for improved budgetary allocation to the Securities and Exchange Commission (SEC). The Chairman of the Senate Committee on Capital Market, Osita...
The Nigerian equities market continued its negative runs on Tuesday as investors lost N113 billion at the close of the day’s trading. This followed the suspension...
The Federal Airports Authority of Nigeria (FAAN) said on Tuesday only three of the 22 airports in Nigeria are profitable. The Managing Director of FAAN, Olubunmi...
Nigeria spent a whopping N5.78 trillion on debt servicing in the first nine months of 2023, fresh data from the Budget Office of the Federation has...
The equities market started the week on a negative note as investors recorded a loss of N8bn at the end of trading session on Monday, July...
Vice President of Oil and Gas, Dangote Industries Limited (DIL), Devakumar Edwin, has reiterated the company’s promise that the it will start the production of premium...
In a bid to arrest the soaring cost of food items, the federal government has announced the suspension of duties, tariffs and taxes on imported food...
Nigerian banks lost N468 billion to frauds in the first quarter of 2024. This represents a decline of N1. 62 billion when compared to the N2.09...
Tracka, a subsidiary of BudgIT, has lamented that Nigeria allocated N732 billion on vague empowerment projects in the 2024 budget. This figure, the organization lamented is...
MTN Nigeria and other telecommunications providers in the country have lost 6.8 million subscribers in one year. The National Bureau of Statistics (NBS) disclosed this in...
Conoil, Oando, GTCO, Zenith Bank topped the list of stocks to watch this week as investors began trading in the second half of the year. The...
As the deadline of July 7, 2024 issued by the Corporate Affairs Commission (CAC) to Point of Sales (PoS) operators in Nigeria to register their businesses...
Lagos State, the economic hub of Nigeria and Africa’s biggest city, is a lively and fast-growing place with great potential for real estate investment. As a...
The national power grid collapsed again on Saturday afternoon. The incident which is the fourth this year is expected to throw the country into total blackout....
It was a week to forget for investors in the Nigerian equities market following a cummuative loss of N2.75bn in the just ended trading week. The...
Nigeria’s Minister of Innovation, Science and Technology, Uche Nnaji, on Friday, announced a plan to develop domestic ethanol production using cassava as a feedstock. This initiative,...
Nigeria’s Minister of Finance, Wale Edun, has reaffirmed the country’s commitment to implementing the Economic Community of West African States (ECOWAS) single currency, the ECO. This...
The naira recovered from its recent slump against the United States dollar on Friday to close the week on a positive note. Data from the Nigerian...
The Nigerian equities market closed the week on a negative note as investors lost N23 billion at the close of trading on Friday. This followed the...
The newly confirmed Chief Executive Officer (CEO) of the Nigerian Exchange Group, Mr Jude Chiemeka has been charged with the onerous task of propelling the NGX...
Investors in the Nigerian equities market lost N133 billion at the end of trading on Thursday. This followed the dip in the share prices of stocks...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has issued a 24-hour deadline for new investors to register for the 2024 oil block licensing bid round. This...
Peter Obi, presidential candidate of the Labour Party in the 2023 election, says the current monetary policy is slowing economic growth in Nigeria. His comments came...
As part of its new onboarding framework, the Nigeria Securities and Exchange Commission (SEC) has made the establishment of an office in Nigeria mandatory as part...
President Bola Tinubu has approved the appointment of Uzoma Nwagba as Managing Director of the Nigerian Consumer Credit Corporation (CREDICORP). The Special Adviser on Media and...
The Federal Government will begin the collection of Value-Added Tax of 7.5 percent on every cryptocurrency transaction from July 8. One of the cryptocurrency platforms in...
The Nigerian equities market maintained its upward trend as investors made N131 billion at the end of trading on Wednesday. This followed an increase in the...
The Nigerian National Petroleum Company Limited (NNPC) Limited has declared a state of emergency on crude oil production in the country. The company also called on...
The naira shed N1 against the United States at the official window on Tuesday. Data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed that the...
The Nigerian equities market rebounded from the previous day’s loss with investors making N25 billion at the end of trading on Tuesday. This followed the increase...
The Dutch Entrepreneurial Development Bank (FMO) and Nigeria’s First City Monument Bank (FCMB) today signed a $25 million NASIRA guarantee agreement. The guarantee will enable FCMB...
The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 percent increase in energy demand across the world by 2045. The OPEC Secretary-General, Haitham...
Aliko Dangote, Chairman and CEO of the Dangote Group, on Tuesday, vehemently criticized the Central Bank of Nigeria’s (CBN) recent decision to raise interest rates to...
In a move aimed at stimulating business activity and reducing compliance hurdles, Nigeria has approved a simplified withholding tax regime. This announcement came from Taiwo Oyedele,...
The World Bank has announced plans to restructure the financing of the $430 Nigeria Digital Identification for Development (ID4D) project to avoid truncation. This would enable...
The saga surrounding Nigeria’s proposed national carrier, Nigeria Air, took another turn as Ethiopian Airlines, which was slated to be a major partner in the venture,...
The equities market started the week on a losing note as investors recorded a loss of N20bn at the end of trading session on Monday, July...
The banking, trading and manufacturing sectors led the way as Nigeria’s capital importation grew by 210.16 percent in the first quarter (Q1) of 2024. This is...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has expressed worries over the rising volume of non-bank transactions, which he said, threatens financial...
SEPLAT, TRANSCORP HOTEL, LASACO and UCAP topped the list of stocks to watch in the new week after investors gained N178.05 billion after five days of...
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Federal Government to replicate the recent Executive Order that eliminates import duties, Value Added...
Worrying signs have emerged as Nigeria’s debt-to-Gross Domestic Product (GDP) ratio crossed 50% for the first time ever last week. The Debt Management Office (DMO) revealed...
Okay, let’s bust some pension myths and inject some fun into your future financial planning! Myth #1 – Pensions are only for older adults: Nope! Pension...
Meaning of FGN Bond An FGN (Federal Government of Nigeria) Bond is a debt security issued by the Nigerian government to raise funds from the public....
