The inflation figure for December 2024 is expected to rise further on the back of price pressure. This was revealed in the Cowry Weekly Financial Markets...
The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax...
CBN Halts Export Proceeds Repatriation Extensions The Central Bank of Nigeria (CBN) has announced an immediate suspension of approvals for the extension of export proceeds repatriation...
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...
By Collins Nweke Nigerians who have been crying over harsh times and excruciatingly high cost of living have recently been told that theirs is no...
By FBNQuest Research According to the most recent data provided by the CBN’s Quarterly Statistical Bulletin (QSB), the total utilisation of foreign exchange (FX) by various...
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...
Trading in FBN Holdings (FBN) Plc’s N149.575 billion rights issue will close on Monday, December 30. The Holding Company had earlièr notified the investing public that...
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...
After more than five years of security restriction, the Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in...
The Nigerian equities market continued its upward trajectory last week, reaching a historic milestone as the NGX All-Share Index (ASI) surpassed the 100,000-point mark for the...
President Bola Tinubu on Wednesday presented the N47.90 trillion budget estimates for 2025, assuring the public that his administration would continue to stimulate the country’s economy...
The inflation rate in Nigeria rose to 34.60 per cent in November 2024, showing an increase of 0.72 percentage points compared to 33.88 per cent recorded...
The Executive Adviser, Presidential Special Envoy on investment, Ambassador Tosin Sanusi, urged investors and entrepreneurs to explore the vast economic opportunities in Liberia, highlighting the country’s...
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...
The Chief Executive Officer of the Centre for the Promotion of Private Enterprise (CPPE), Dr Muda Yusuf, has the real sector of the economy is undergoing...
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%...