Oil theft and vandalism in Nigeria have been blamed as the country’s oil production slumped by 28 million barrels between January and July 2022, threatening the...
By FBNQuest Our chart today is derived from the National Pension Commission (PenCom) data on the asset under management (AUM) of the regulated pension industry. Based...
The Federal Government is set to make a total of N483.73bn in three years from electronic payment boom by way of the Electronic Money Transfer Levy....
Buying interest in Dangote Cement and 19 others suppressed the losses reported by Lafarge Africa and nine others on Wednesday, leaving the Nigerian Exchange (NGX) Limited...
By FBNQuest Analysts According to the CBN’s latest Quarterly Statistical Bulletin (QSB) total fx inflow into the Nigerian economy declined by -11% q/q to USD18.4bn in...
Nigeria’s highest investment regulator, The Security and Exchange Commission (SEC) has read the riot act to the investing public to desist from investing with Unregistered Crowdfunding...
In his capacity as Minister of Petroleum Resources, and in consonance with the country’s drive for Foreign Direct Investment in the energy sector, President Muhammadu Buhari...
Massive profit-taking in the shares of MTN Nigeria by investors has contributed significantly to the negative close of the Nigerian Exchange Limited (NGX) on Monday. Being...
By Marcel Okeke The recent disclosure by Mrs Zainab Ahmed, Nigeria’s minister of finance, budget and national planning, that the federal government spent N1.93 trillion on...
Debt servicing is taking a better part of Nigeria’s fiscal arrangement as the Federal Government projected to spend up to N10.43 trillion to service debts by...
The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.21% to close at N20.05 trillion from N20.01 trillion the previous week, reflecting...
The Federal Government has begun the construction of Agricultural Machinery and Equipment Development Institute, in Lafia, the Nasarawa State capital. The government is doing has embarked...
UN Secretary General Antonio Guterres has called for oil and gas companies to face special taxes. His comments come as surging energy prices sparked by the...
The Minister of Communications and Digital Economy, Isa Pantami has called for wider stakeholder engagement to discuss the proposed 5 per cent excise duty on the...
The Board of Trustees (BoT) of the Investors’ Protection Fund (IPF) has approved an increase in the maximum compensation sum to investors who have suffered pecuniary...
Nigerian Exchange Limited (NGX) and Bank of Industry (BOI) have signed a Memorandum of Understanding (MoU) to deepen capital market reach, build the capacity of stakeholders...
Highlights Hike signals CBN panicking Poverty may worsen Inflation remains unabated Stock market to suffer ripples After the Central Bank of Nigeria (CBN) on Tuesday jacked...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday again raised the Monetary Policy Rate from 13 per cent to 14...
Nigeria’s oldest airline, Aero Contractors, has announced the temporary suspension of its scheduled passenger services operations with effect from Wednesday, July 20, 2022. According to the...
Lagosians should brace up for alternative electricity sources as power supply has been predicted to drop by 50 megawatts on Wednesday. The Transmission Company of Nigeria...