Nigerians welcomed the news of the slashing of BUA cement to N3,500 with excitement, however, findings by Ripples Nigeria have shown that the product is largely...
Spain has emerged as the country’s top export destination, accounting for a remarkable 12.31 per cent of total exports, valued at N1.27 trillion. This was followed...
Nigeria’s trade surplus has hit N3.5 trillion between January to September 2023, the foreign trade report for the third quarter (Q3) of 2023 released by the...
The Federal Government of Nigeria has unveiled plans to revoke all unused oil exploration licenses that have been granted to oil companies in the country but...
Trading activities on the floor of the Nigerian Xchange (NGX) began on a losing note on Monday, December 4, 2023, as the All-Share Index (ASI) shed...
The immediate past governor of Kaduna State, Nasir El-Rufai, on Monday, announced that his venture capital/private equity firm, Afri-Venture Capital Company Limited, will begin operations in...
The subscription process of the two-year and three-year Federal Government of Nigeria bonds for December 2023 with an interest rate of 12.287% and 13.287% respectively have...
As the federal government of Nigeria intensifies efforts to end petroleum products importation and release some of the pressure on foreign exchange, American oil firm, Barker...
The Federal Government has said that two of its programmes targeted at alleviating the impact of fuel subsidy removal will soon kickoff. The Minister of Industry,...
Stocks of MTN Nigeria, Access Holdings Plc and Dangote Cement are some of the stocks investors in the Nigerian stock market can consider looking at this...
Minister of Housing and Urban Development, Ahmed Dangiwa, called on mortgage banks in the country to to adopt flexible repayment plans for loans taken by Nigerians....
When embarking on the journey of purchasing land in Lagos State, Nigeria, it is crucial to navigate the process with diligence and awareness. Acquiring the necessary...
The Nigeria Civil Aviation Authority (NCAA) has lifted the ban it placed on one of United Nigeria Airlines’ aircraft, a wet-leased Airbus A320. This was contained...
Investors in the Nigerian equities market pocketed N30 billion at the close of trading on Friday. This followed the rise in market capitalization to billion to...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to place a “No Debit” restriction on all accounts without a Bank...
The United Arab Emirates (UAE) has promised to inject $30 billion into projects to tackle climate-related crises in developing nations. The UAE President, Mohammad bin Zayed,...
The African Development Bank (AfDB) and FSDH have signed a new $20 million Trade Finance Facility to support Small and Medium Enterprises (SMEs) in Nigeria. Mr...
The 2024 budget estimates recently submitted by President Bola Ahmed Tinubu to the National Assembly for consideration by the Senate and House of Representatives may have...
The Nigerian capital market continued its bullish run on Thursday with a 0.11% growth in the All-Share Index (ASI). After five hours of trading, the ASI...
President Bola Tinubu on Wednesday presented the 2024 appropriation bill of the federal government of N27.5 trillion to a joint session of the National Assembly. In...
The All-Share Index rose by 0.34% at the close of trading on Wednesday. After five hours of trading, the ASI rose to 71,284.56 from 71,041.05 posted...
The African Development Bank (AfDB) has lowered its short to medium-term macroeconomic forecast for Africa, for 2023 and 2024 to 3.4% and 3.8%, from 4.0% and...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Nigeria to comply with the Supreme Court’s ruling on Wednesday that the old...
The Supreme Court, on Wednesday, approved the request by the Federal Government to extend the validity period old 200, 500 and 1000 naira notes indefinitely. The...
The free-fall of the naira continued unabated at both the official and parallel markets on Tuesday. The Nigerian currency depreciated by 7.63% to close at N881.88/$1...
Trading activities on the floor of the Nigerian stock market ended on Tuesday with the All-Share Index dropping by -0.44%. After five hours of trading today,...
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that Nigeria recorded 226 crude oil theft incidents in one week, from November 18 to 24, 2023....
In a bid to achieve a net-zero emission target, the World Economic Forum has disclosed that $13.5 trillion investment is needed to decarbonize key industries and...
FCMB Group Plc (FCMB) on Tiesday announced a 108% Year-on-Year (YoY) growth in profit before tax (PBT) to N55.1 billion for the nine months ended September...
Minister of Aviation and AeroSpace Development, Festus Keyamo has revealed that United Nigeria Airlines lied when it blamed “weather” as the reason its Abuja-bound passengers found...
President Bola has retained Melee Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL). The Special Adviser on Media and...
The Nigerian equities market posted a 0.17 percent growth in the All-Share Index (ASI) at the close of trading on Monday. This followed the increase in...
Mecure, Multiverse, Unitybank, Nsltech and Deapcap are some of the hot stocks to watch out for this week on the floor of the Nigerian Xchange (NGX)....
The National Oil Spills Detection and Response Agency (NOSDRA) on Sunday confirmed the loss of 3,000 barrels of crude oil in the November 15 oil spill...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week —from the capital market to the...
There are indications that mergers and acquisitions may happen soon in the financial sector in Nigeria after the Central Bank of Nigeria (CBN) hinted on the...
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has flayed the past administrations of the Central Bank of Nigeria (CBN) for straying from...
Investors in the Nigerian capital market pocketed N97.6 billion at the close of trading on Friday. This followed the growth in the market capitalization to N39.173...
Nigeria’s economy grew 2.54% in the third quarter of 2023 the National Bureau of Statistics (NBS) latest report on Nigeria’s Gross Domestic Growth (GDP) released on...
The African Development Bank, on Thursday, pledged to invest $1billion into Nigeria’s agricultural sector in order to ensure massive job opportunities and food security. This was...
The Nigerian National Petroleum Company Limited has projected a revenue target of N4.5 trillion by the end of the year 2023. This is as the oil...
The Nigerian capital market rebounded Thursday, November 23, 2023, from Wednesday’s loss as the NGX-All-Share Index ASI increased to 71,052.85 from 71,003.98 representing a 0.07% gain....
The Nigeria Customs Service, Apapa Area Command, on Thursday, said it collected N135bn worth of revenue in October, the the highest monthly collection in the history...
The Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso will tomorrow, November 24, 2023 unveil the Apex Bank’s Monetary Policy Thrust and Economic Outlook for 2024....
The ministerial meeting of the Organisation of Petroleum Exporting Countries alliance (OPEC+) has been postponed to November 30, 2023, from its earlier dates of November 25...
The three tiers of government on Wednesday shared the sum of N906.955 billion as revenue allocation for October. This is contained in a communiqué issued at...
Investors in the Nigerian capital market lost N34.4 billion following the dip in the All-Share Index by 0.09 percent at the close of trading on Wednesday....
The World Intellectual Property Organisation (WIPO) has explained has been unable to tap into the $73 trillion revenue in the global intellectual property space. The Director...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a possible gas exploration and production partnership between Nigeria and Argentina. The Commission made the announcement via...
The average price of 5kg of cooking gas increased from N4,189.96 recorded in September to N4,562.51 in October representing a N373 increase, the National Bureau Of...
