Nigeria ranks low as 1bn people gained access to electricity in 10 years Despite annual budget allocations to the power sector, the World Bank...
NIPCO controls 35% Nigeria’s LPG supply market – MD NIPCO supplied 35 per cent of Nigeria’s Liquefied Petroleum Gas (LPG) in 2020, as a...
CBN increases forex allocation to banks, assures liquidity for Invisibles The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of...
FIRS launches TaxPro-Max, a naira tax-filing online platform As part of its efforts at modernizing tax administration in the country, the Federal Inland Revenue...
AXA Mansard Insurance forecasts N16.19bn claim payout in Q3 2021 AXA Mansard Insurance Plc, a member of the AXA Group, has released a forecast...
Large-cap stocks lift Nigerian stock market by N245bn Share trading on the floor of the Nigerian Exchange Limited was broadly positive this week as the...
Nova Merchant Bank lists N10bn bond on Nigerian Exchange Limited Nova Merchant Bank Plc has listed its N10 billion bond on the Nigerian Exchange...
UN worried as global food prices soar to a ten year high The United Nations (UN) has expressed worries as global food commodity prices...
Nigeria’s new cassava policy to stem $6.1bn annual wheat importation The Nigerian Government says the policy of 10 per cent of cassava flour in...
Expect operation No Street Trading of foreign currencies soon, ABCON threatens The Association of Bureaux De Change Operators of Nigeria (ABCON) says it will...
E-Cedi: Bank of Ghana to Pilot Digital Currency The Bank of Ghana is in the advanced stages of introducing a digital currency, the Governor...
Google lifts ban on Crypto exchanges advertisements Google, the world’s biggest digital advertising service, will allow regulated crypto exchanges and wallet providers to run...
Finance minister makes new revelations about food and inflation The Minister of Finance, Budget, and National Planning, Dr Zainab Ahmed, disclosed that Nigeria’s food...
Oil price sustains steady rise to near $72 per barrel Crude oil price closed in on the $72 mark as Brent crude hit $71.85...
Conoil posts N424m profit in Q1 2021 Conoil Plc, chaired by Nigeria’s business mogul, Mike Adeuga has published it financial scorecards for the first...
Union Bank races to the debt market for N34.96bn short-term funding To settle its short-term financial obligations, the old yet agile horse of Union...
Penny stocks join forces to displace bears as index ups 0.18% Positive trading returned to the domestic equities market on Wednesday as penny stocks...
Despite ongoing Naira-4-Dollar Scheme, external reserves dropped to $34.24bn in May Nigeria’s external reserves lost $640 million in May, falling to $34.24 billion on May...
Flour Mills Signs $300m sugar production deal with Nasarawa Flour Mills Nigeria at the weekend ramped up its Backward Integration Programme (BIP) in the...
Nigerian stock market sheds N12bn to reverses gains Transactions on the Nigerian Exchange (NGX) closed on a downturn yesterday, occasioned by sell pressure in...