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...
Oil markets have started the year with a renewed sense of optimism, driven by stock draws in the U.S. and China’s attempts to stimulate its economy....
By Simbo Olorunfemi That Baba Obasanjo has an almost child-like emotional attachment to the public-owned refineries under the trust and care of the NNPCL is not...
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...
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...
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...
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...
Dangote Petroleum Refinery has announced a reduction in prices of Premium Motor Spirit (PMS), also known as petrol, to N899.50 per litre, saying the move was...
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...
With the move away from combustion engines towards electric vehicles (EVs), sales of EVs across the world have increased, and with that, so has the expansion...
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 NASD OTC Exchange has called on public limited companies to comply with the Securities and Exchange Commission (SEC) rule mandating that securities of unlisted public...