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...
British Airways has announced a £21 million investment to train 200 prospective pilots from all backgrounds including Nigeria. The airline said in a statement on Tuesday...
The Nigeria Customs Service, Muritala Muhammed Area Command (MMAC), generated N80.3 billion in the first half of the year. The area controller of MMAC, Michael Awe,...
The Senate and the House of Representatives on Tuesday speedily passed the National Minimum Wage Act 2019 (Amendment Bill). The bill, which scaled second and third...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the benchmark lending rate to 26.75%. The hike in the Monetary Policy...
Sophos, a global leader of innovative security solutions for defeating cyberattacks, today announced that Teresa Anania has joined the company as Chief Customer Officer (CCO). Anania...
The Minister of Information Mohammed Idris says the Federal Government and the leadership of the Organised Labour have agreed on N70,000 as the new minimum wage...
Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation...
The Federal Government on Tuesday said it would boost its cocoa production to 500,000 metric tonnes by 2025 from the 340,000 recorded in 2022. Permanent Secretary,...
Nigeria’s inflation rate increased to 34.19% in June 2024, according to data released by the National Bureau of Statistics (NBS) on Monday, June 15, 2024. Looking...
By Cowry Assets Analysts This week, our analytical focus shifts towards the determinants of inflation in Nigeria, as economic agents anticipate the release of the June...
Nigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and Exchange Commission (SEC). This...
The Supreme Court has granted financial autonomy to the 774 local government councils in the country. In a landmark judgement on Thursday, the apex court ordered...
The appointment of Jude Chiemeka as the Chief Executive Officer (CEO) of the Nigerian Exchange Limited (NGX) has continued to generate widespread acclaim from industry professionals,...