The Minister of Information and Culture, Alhaji Lai Mohammed has revealed why the newly completed Lagos Airport Terminal has not commenced operations months after it was...
Relevant Nigerian authorities have commenced work to address issues around revenue of foreign airlines that have been trapped in Nigeria, put at over $464 million. The...
Global crypto-currency exchange Binance has appointed former HSBC South Africa global banking head Hannes Wessels as its country manager for South Africa. In his new role, Wessels will...
The Nigerian Exchange Limited (NGX) commenced a new trading week in the red territory as equity investors again parted with some fortune to the tune of...
The incessant rise in the prices of goods and services in Nigeria has worsened to indicate a higher cost of living amidst deteriorating consumer purchasing power....
The Office of the Auditor General for the Federation has queried the Nigerian Ports Authority (NPA) over the failure of 18 port terminal operators to remit...
The bears dictated proceedings in the domestic bourse last week, as profit-taking activities dominated market performance, leading to N571 billion losses for investors in the Nigerian...
By FBNQuest Analysts Our chart today, drawn from data from the CBN shows that Nigeria’s gross external reserves increased marginally by $64m to $39.2bn in July....
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...