Trading activities on the floor of the Nigerian Exchange Limited (NGX) commenced the new year, 2023 in the green territory to defy earlier predictions by market...
By Umar Suleiman Says Implementation Commences Forthwith President Muhammadu Buhari has just signed the N21.83 trillion 2023 Appropriation Bill into law. The President, during a brief...
Out of many developments that characterised the Nigerian economy in 2022, activities in the country’s stock market cannot be ignored given that the capital market, according...
By Umar Suleiman The House of Representatives has asked the Federal Government, through the Nigerian Petroleum Development Company (NPDC), to suspend the planned auction of Oil...
Six days after the new naira notes went into circulation, some traders are still finding hard to accept it as legal tender, the News Agency of...
Stock Index Sees 0.89% Uptick Bullish sentiments prevailed in the domestic equities market in this week’s trading, as the All-Share Index (ASI) notched a 0.89% gain,...
By Christy Animam As high cost of goods and consumption continue upward movement in the country, Nigeria’s inflation has again risen for the tenth consecutive month...
The wait is over for Nigerians who would, for the first time start using the newly redesigned N1,000, N500 and N200 notes as the new currency...
US data centre company, Equinix, is planning to invest $160 million in building its first data centre in South Africa to accelerate the firm’s expansion into Africa....
The International Air Transport Association (IATA) has estimated that the airline industry is expected to tip into profitability and rake in $779 billion as revenue in...
The local bourse extended its bullish momentum for the fourth consecutive week, primarily driven by the gains recorded by top cement player, BUACEMENT that gained +19.1...
By Umar Suleiman After a year of intense negotiations and a difficult global economic outlook, development partners of the African Development Fund (ADF) have agreed to...
Adds Fresh 887,426 New Users in October The coverage, adoption and usage of high-speed internet otherwise known as broadband in Nigeria has reached 86.95 million subscribers...
By Christy Animam The Central Bank of Nigeria (CBN) has placed limits on over-the-counter cash withdrawals, Automated Teller Machine (ATM) withdrawals, and point of sale (PoS)...
Analysts on the Nigeria stock market have predicted the bullish momentum seen in the market last week to be sustained this week as investors begin to...
Christy Animam Profit taking and pullbacks continued on the Nigerian Exchange Tuesday as the composite NGX All-Share index closed lower in the midst of a slightly...
The Managing Director/Chief Executive, Nigeria Deposit Insurance Corporation (NDIC), Bello Hassan, has said that uninsured depositors of failed banks paid N101.37 billion. He said this at...
Investigations by security agencies in Nigeria have indicted 19 firms linked with illegal money exchangers considered to be connected to terrorism financing (TF) in the country....
Latest report by Proshare has revealed the full pay package of the Chief Executive Officers (CEOs) of top 10 leading companies in Nigeria, with the Group...
The National Bureau of Statistics (NBS) has said Nigeria’s Gross Domestic Product (GDP) grew by 2.25 per cent on a year-on-year basis in Q3 2022. The...