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...
Consumers Pay N193.53 Billion Outstanding balance stands at N79.47 Billion Power distribution companies (DisCos) in Nigeria have billed electricity consumers in the country a total of...
The Nigerian Exchange Limited (NGX) has lifted the ban it earlier placed on trading in the shares of Ardova Plc due to failure of the company...
The Federal Government has assured that the current restructuring of indebted DisCos will not affect service delivery to Nigerians. This was disclosed by Minister of Power,...
The Debt Management Office (DMO) on behalf of the federal government on Tuesday listed the N250 billion, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031...
The Federal Government on Tuesday night announced the takeover of Kano, Benin and Kaduna electricity distribution companies (DisCos) by Fidelity Bank Plc after the bank initiated...
Global inflation has seen a steady uptick on the back of supply chain disruptions that started since the COVID-19 global pandemic. Today, major economies across the...
Both local and foreign investors on the Nigerian Exchange Limited (NGX) traded N485.4billion worth of equities in the second quarter (Q2) of 2022. This is an...
Mara, a pan-African company that offers an ever-expanding suite of crypto products, has announced the pre-launch of the Mara Wallet, a portal to the cryptoeconomy focused...
Losing momentum from Monday’s bullish outlook, the Nigerian stock market on Tuesday reversed its previous gains as investors parted with N85.65 billion. This could be attributed...
The United States Soybean Export Council (USSEC) has held a meeting in Lagos, with stakeholders in the Nigerian soybean industry, agribusiness experts, importers, and executives of...
Nigeria lost at least $1.8 billion yearly between 2010 and 2019 as a result of the federal government’s protectionist measures, the World Bank has said. According to the...
Ahmed Ayanfe The cost of importing raw sugar into Nigeria in a 12-month period spanning the second quarter of 2021 to the first quarter of 2022...
The Federal Government (FG) has commenced implementation of the N10 per litre tax on sugar-sweetened beverages (SSB) aimed at combating non-communicable diseases. The SSB tax was...
By Umar Suleiman The Kebbi State Government has allocated 200 hectares of land to a private investor to set up a 5,600 megawatts solar power plant...
Umar Suleiman Electricity distribution companies’ payment to generation companies for electricity generation has dropped by 50 per cent, according to industry data obtained on Sunday. The...