Profit-taking activities continued on the floor of the Nigerian Exchange Limited on Wednesday, with a bellwether stock, MTN Nigeria dragging the downwards as it shares of...
By Ahmed Ayanfe Nigeria’s Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed has explained that the sustained oil price increase in the global market...
MFS Africa, the largest digital payments network in Africa, has raised an additional $100 million in debt and equity for its Series C, just six months...
The burden of subsidy payment on fuel consumed in Nigeria is about to further weigh heavier on the pocket of the federal government, thus exerting pressure...
In its efforts to recover unremitted pension in the country, Pension Commission (PenCom), Nigeria’s topmost regulator of the pension industry, has said it fined 23 employers...
By Ahmed Ayanfe Despite the war in Ukraine and travel restrictions in China, the International Air Transport Association (IATA) says air travel in Africa including Nigeria...
The power generation companies (GenCos) have attributed the current state of electricity generation in the country to the ₦1.644 trillion owed them by the Nigerian Bulk...
The Nigerian Telecommunications sector attracted a total of $54 million foreign capital from various countries in the first quarter of 2022. This is according to the...
The National Bureau of Statistics (NBS) said Nigeria’s trade surplus in the first three months of 2022 recorded N1.2 trillion due to increases in crude oil export....
Foreign Direct Investment (FDI) into Nigeria has crashed by 78% in three months amid a worsening foreign exchange crisis in the country that continues to send...
The Nigerian Civil Aviation Authority (NCAA) is to present an Air Transport Licence to the interim management of Nigeria’s national carrier – Nigeria Air, on Monday...
The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N1.51 trillion on the imports of premium motor spirit, also known as petrol, in the...
The Lagos State Government, through the state Environmental and Special Offences Unit, (Taskforce), on Friday, destroyed by crushing 2,230 impounded motorcycles, popularly called Okada over violation...
If positive market turnover was the sole trigger of a bullish market, the Nigerian equity market would surely be in a celebration mode by now and...
By United Capital Research Anglophone West Africa Nigeria According to Fitch Solutions’ Nigeria 2022 consumer outlook, despite the erosion of value of the currency and...
All is set for stakeholders across Nigeria’s telecoms sector and beyond to converge on Thursday June 9, 2022 and chart way for the implementation of 70%...
Warns Fuel Subsidy May Gulp 6trn in 2022 The International Monetary Fund (IMF) has expressed fear that Nigeria’s fiscal reality might go from bad to...
No fewer than 2,654 small businesses in Nigeria have suffered cyberattacks involving stealing of passwords to their business accounts by prowling hackers. According to the latest...
The country’s external or foreign reserves hit a seven-month low after falling to $38.57bn as of May 25, 2022, figures obtained from the Central Bank of...
As Manufacturing, ICT sectors Take Lead Foreign companies yield higher remittances The federal government of Nigerian has generated a sum of N532.48 billion from Company...
