The Dangote Petroleum Refinery retained 13% of Nigeria’s crude oil exports as domestic supply in 2024, a new report by Reuters has stated. The report originally...
China Development Bank has released a $254.76 million loan to Nigeria for a railway project linking the two northern states of Kano and Kaduna. The stated...
Guaranty Trust Holding Company Plc (GTCO Plc) has successfully completed the first tranche of its equity capital raise programme, following the completion of the capital verification...
President Bola Tinubu has made a firm commitment that his administration will complete the Eastern Rail line connecting Port Harcourt to Maiduguri. President Tinubu gave the...
In the final trading day of the year 2024, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) shed 22 basis points to...
ASI Closes 2024 at +37.65% Nigerian Exchange Limited (NGX) has marked a remarkable turnaround, breaking away from the poor performance of the 2015–2019 period to thrive...
The Federal Government of Nigeria strongly rejects allegations made in a viral video by the military leader of Niger Republic, General Abdourahamane Tchiani, claiming non-existent collusion...
The Democratic Front (TDF) has said that the announcement of a $5 billion final Investment Decision (FID) by Shell on the Bonga North Deep Offshore field...
Over 2,000 individuals from the Ikeja Police Barracks community have benefited from an impactful outreach program spearheaded by Young Professionals for Tinubu (YP4T). The initiative provided critical medical services, care packages, food supplies, and...
Airtel Africa has announced the commencement of a second share buyback programme that will return up to $100 million to shareholders. In a statement, the telecommunications...
External Reserves data released by the Central Bank of Nigeria (CBN) shows that Nigeria’s gross official reserves rose by $446.9 million to $40.2 billion in November...
African Development Bank Group (AfDB) has approved a €200 million partial credit guarantee (PCG) to back Togo’s first sustainable financing initiative. he funding will enable Togo...
Despite the increase in the fuel pump price, the National Bureau of Statistics (NBS) has stated that there was a drop in the price of transportation...
China’s crude oil surplus shrank from 930,000 barrels daily In September to 500,000 bpd in October, Reuters’ Clyde Russell reported today, based on data calculations. However, the significant...
Africa’s biggest mobile operator MTN is exploring partnerships with low-Earth-orbit (LEO) satellite providers to bring internet connection to rural and remote customers in particular, Group CEO...
The Nigerian Communications Commission (NCC) has revealed that data consumption in Nigeria has reached an all-time high in nine months. Latest data by the telecoms regulator...
As anticipated by market operators, the Nigerian Exchange Limited (NGX) experienced mixed trading activity for most of the trading days last week. However, strong bargain-hunting on...
The Federal Government of Nigeria has selected 90,000 Nigerians as fellows in the third cohort of its 3 Million Technical Talent (3MTT) initiative. The 3MTT is...
The Federal Government has released has said payment of N66 billion pension arrears will commence next week. The money is part of the N88 billion budgeted...
The Debt Management Office (DMO) has announced that the federal government’s domestic debt stock reached N66.957 trillion by the first half of 2024, representing an 8.74%...