Equities investors in Nigeria were displeased with the outcome of weekly trading on the floor of the Nigerian Exchange Limited (NGX) as they parted with a...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
African airlines experienced an 11.9% increase in passenger demand in September 2024 compared to the previous year, achieving a load factor of 76.0%. This load factor,...
To advance Nigeria’s digital economy and support businesses facing economic headwinds, Google brought together top CEOs, government officials, and industry leaders at the 30th Nigerian Economic...
Trade deals between Nigeria and the United State has maintained an equilibrium as the annual trade value between the two countries hit $10 billion equivalent to...
The Central Bank of Nigeria (CBN) released $547.7m (N823.19bn at the official exchange rate of N1,503.3/$1, as of June 30, 2024) to Nigerians for the importation of...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on...
The World Bank has announced a $500 million grant to support Nigeria’s recovery efforts from the impacts of the COVID-19 pandemic. The fund will be utilised...
No fewer than 1.3 million meters will be delivered between December and the second quarter of 2025. The Minister of Power, Adebayo Adelabu, disclosed this Tuesday...
The Nigerian naira plummeted by about 7% in the foreign exchange (FX) market as US dollar shortage exerted pressures on demand and supply. FX spot data...
Google’s products and services in South Africa generated R118 billion ($6.7 billion) in new revenue for local businesses, non-profits, publishers, creators and developers in 2023. This...
The Nigerian equities market traded with positive sentiments on Tuesday driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). At the close of...
According to the report by Expert Market Research (EMR), the global mobile banking market is projected to grow at a CAGR of 13.4% between 2024 and...
The Centre for the Promotion of Private Enterprise (CPPE) has urged the Nigerian government to address supply side issues to succeed in its effort at taming...
Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August 2024, reflecting a 0.55% increase. This was disclosed by the National...
Aradel Holdings Plc, an integrated energy company has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board. The shares, listed at N702.69 per share...
Trading in the shares of Lasaco Assurance Plc on the floor of the Nigerian Exchange (NGX) Limited has resumed after three months. The exchange has earlier...
The supply of crude oil in naira to the Dangote Petroleum Refinery by the Nigerian National Petroleum Company Limited (NNPCL) is to last for six months...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
The Central Bank of Nigeria (CBN) will implement electronic foreign exchange matching systems (EFEMs) for foreign exchange transactions in the Nigerian foreign exchange market on December...