Total trade rises 54.6% to N18.8trn Driven by 70.52%rise in crude oil exports Nigeria’s trade surplus improved further in the third quarter, Q3’23, rising 47 per...
Nigeria’s President, Bola Tinubu made his first presentation of the country’s annual budget proposal for 2024 fiscal year on Wednesday. He presented the budget estimated at...
By Umar Suleiman Dangote Refinery has secured its first cargo deal of about 6 million barrels, ready for delivery. This is as the much-anticipated project begins...
Nigeria’s Gross Domestic Product remained subdued in the third quarter, growing marginally by 2.54 per cent year-on-year in real terms in the third quarter of 2023,...
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a...
The government and private companies in Nigeria have raised N3.44 trillion through debt instruments, including Corporate Bonds and Commercial Paper in two years. This was disclosed...
The Nigerian Exchange Limited All-Share Index (NGX ASI) on Wednesday crossed 71,000 basis points to 71,014.34 basis points as positive sentiments continued to dictate tune on...
The Inflation rate in Nigeria has risen for the tenth consecutive times in October 2023. According to the report released by the National Bureau of Statistics (NBS), the...
The Executive Vice Chairman and Chief Executive officer (EVC/CEO) of the Nigeria Communications Commission (NCC), Dr. Aminu Maida, has described the Financial Technology (FinTech) industry as...
The Federal Government has signed a N1 billion deal with telecommunications company IHS Towers to build learning communities across Nigeria for the 3 Million Technical Talent...
The Federal Government, on Sunday, announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through...
Consumer goods manufacturer, Unilever Nigeria Plc, raked in N81.576 billion between January and November 2023 from selling various product to Nigerians. Unilever is the manufacturer of...
The National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners have signed three memorandum of Understandings (MoUs) for new projects valued at $6 billion while...
Medallion Data Centres Limited (Medallion), Nigeria’s premier carrier neutral data centre operator, today announced the opening of its second data centre (LOS2) in Nigeria’s largest city,...
The Federal Executive Council (FEC) rose from its second meeting in six weeks on Monday, with the approval of the Medium Term Expenditure Framework as well...
Nigeria’s inflation rate has climbed to 26.72 per cent to hit highest point in 18 years, marking a 0.92 per cent increase from the previous month’s...
Savemore Retail Technologies Limited, a Nigerian retail partner to HP International Inc. has dragged the latter to court in Nigeria over a breach of contract by...
By CSL Research Team According to the National Bureau of Statistics (NBS), total foreign capital importation into Nigeria in Q2 2023 was $1.03 billion, lower than...
By FBNQuest Research Team According to the most recent monthly economic report by the Central Bank of Nigeria (CBN), the federal government of Nigeria (FGN) recorded...
HIGHLIGHTS Kayi App to unveil era of banking without limits Kayi App aims to empower Africans Kayi will not leave Africa’s unbanked and underbanked population behind...