Yobe, Borno States in Darkness Electricity supply in Nigeria suffered another major setback following fresh attack by vandals on a tower responsible for major electricity transmission....
The Transmission Company of Nigeria (TCN) has attributed the power grid collapse to gas constraints at Ibom Power Plant, feeding Eket, Ekim, Itu and Uyo transmission...
Amid stakeholders’ rejection of the N1,356.883 exchange rate, the Central Bank of Nigeria (CBN) on Saturday readjusted the exchange rate on the Customs platform to N1,413.62/$1....
Zenith Bank, West Africa’s largest financial services provider, Ibom Air and Airbus celebrated the successful closure of the commercial financing for Ibom Air’s first A220 delivered...
The Nigerian stock market has continued to show resilience to beat various economic challenges facing the country at the moment by posting yet another impressive return...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves...
The Federation Account Allocation Committee (FAAC) disbursed the sum of N1.62 trillion to the three tiers of government in December 2023 from the total revenue generated...
After slowing down the bullish momentum last week, the NGX has jerked back with a 2.22% gain, as the All-Share Index hit 104,674.67 points, up 2,272.79...
The Central Bank of Nigeria (CBN) has released $500 million to various sectors as part of its determination to address the backlog of verified foreign exchange...
The Lagos Motor Show (LMS), in conjunction with Classic Cars Collector of Nigeria, ‘Work and Play’, a leading Motor Sport and recreation company, will be exhibiting...
Shareholders of United Bank for Africa (UBA) Plc and the investing public are high in anticipation following latest disclosure that the Group’s financial performance reports for...
In its latest report, leading auditing and consulting firm, PwC has disclosed seven major trends that will shape Nigeria’s troubled economy in 2024. Among others, the...
The local bourse on Tuesday extended its positive performance as the bulls wax stronger to drive home another round of returns for investors in the market....
Just two weeks into the new year, the Nigerian stock market is already leading the global equities space in terms of returns as it ended another...
As investors on Tuesday resumed to the trading floor of the Nigerian Exchange Limited (NGX) to commence operation for the new year, the first trading day...
By Umar Suleiman Investment in the Nigerian telecommunications sector dropped to $111.91 million in the first three quarters of 2023, down 61.22 per cent from $288.55...
Foreign Direct Investments into Nigeria declined by $470.8m in the last five years, findings have shown. This followed analyses of different Capital Importation reports published by...
As N’Assembly raises lawmakers’ allocation to N344bn The National Assembly has raised its 2024 budgetary allocation by 74.23 per cent to N344.85bn. This will be the...
Further to the receipt of the Securities and Exchange Commission (SEC)’s No-Objection to the announcement of the appointment, Nigerian Exchange Group Plc (NGX Group) has announcd...
The second Patent & trademark for Hyperspace Technologies in 2023 Hyperspace Technologies Limited has secured its second patent and trademarks for cipherCHIP tap2verify: A blockchain-integrated contactless...