Information and communications technology (ICT)-related activities contributed 19.78 per cent to Nigeria’s real Gross Domestic Product (GDP) in Q2 2024, the National Bureau of Statistics (NBS)...
The Central Bank of Nigeria (CBN) on has announced plan to issue N2.20 trillion in treasury bills during the fourth quarter (Q4) of 2024, matching the...
By Feyishola Jaiyesimi Nigeria’s cocoa exports rose by 304 percent in the first quarter (Q1) of 2024 due to higher demand and naira depreciation, according to...
The Nigerian equities market sustained rally to close in the green yesterday as price increases in TotalEnergies Marketing Nigeria Plc and 48 others lifted the overall...
Nigeria’s Gross Domestic Product (GDP) experienced a year-on-year growth of 3.19% in real terms during the second quarter of 2024. The GDP growth rate surpasses the...
The foreign exchange turnover in July stood at $7.39 billion at the official trading window for the Nigerian currency in July. The July figure which is...
United Capital rose by about 27% in the equities market last week as demand for the investment firm increased. Data from the Nigerian Exchange (NGX) showed...
About 700,000 manufacturers and micro, small and medium enterprises have expressed intention to become beneficiaries of the Federal Government’s N150bn loan to help businesses in Nigeria...
The Centre for the Promotion of Private Enterprise (CPPE) has warned Nigerian regulatory authorities to soft-pedal in discharging their duties lest they suffocate investors and manufacturers...
The federal government has announced a 50% discount to be enjoyed by rideshare drivers in the country willing to convert their gasoline vehicles to compressed natural...
By Cowry Assets This week, we analyse the performance of Nigeria’s private sector in July, with rising cost pressures and a weakening economy taking a toll....
The Nigerian stock market returned to profitability last week with investors raking in N481 billion net profit in five days as the bears were forced to...
Nigeria’s Financial and Insurance sector grew from 10.1 per cent in 2021 to 31.2 per cent in the first quarter of 2024, according to the newly...
Between January and December 2024, Nigeria’s public debt profile may rise by a whooping N32.66 trillion to hit N130 trillion. This is as both federal and...
The Nigerian Electricity Regulatory Commission (NERC) has disclosed that power Distribution Companies (Discos) in the country lost N77.45 billion potential revenue in the first quarter of...
A total of 123,604 meters were installed for electricity customers in the country between January and March 2024, representing an increase of 8,423 installations or 7.31%...
The Nigerian Exchange (NGX) priced down Dangote Cement Plc due to sell pressure on the company’s shares after the first half of 2024 unaudited financial statement...
By Temitope Ajayi On Thursday in Abuja, Minister of Finance Mr Wale Edun addressed a press conference and gave a mid-year report on the economy. The...
Wakanow has hosted the Air Côte d’Ivoire team to its Group HQ in Lagos, marking a significant step in its ongoing commitment to forging meaningful partnerships...
President Bola Tinubu has allayed fears of manipulation by any interest group in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness...