The Federal Government has released has said payment of N66 billion pension arrears will commence next week. The money is part of the N88 billion budgeted...
The Debt Management Office (DMO) has announced that the federal government’s domestic debt stock reached N66.957 trillion by the first half of 2024, representing an 8.74%...
Nigerian Government, the Economic Community of West African States, alongside Morocco and Mauritania, have expressed their commitment to push forward in the development of the African...
Equinix, Inc. has appointed Wole Abu as its Managing Director in West Africa to lead the integration and expansion of the business. According to Equinix, in...
Foreign investors are increasingly losing appetite in the Nigerian stock market as activities in the first nine months of the year shows withdrawal of investment. During...
Equities investors in Nigeria were displeased with the outcome of weekly trading on the floor of the Nigerian Exchange Limited (NGX) as they parted with a...
A boost of $326.64 million that lifted Nigeria’s foreign reserves to $39.77 billion failed to pacify further depreciation of the naira at the official market last...
Trade deals between Nigeria and the United State has maintained an equilibrium as the annual trade value between the two countries hit $10 billion equivalent to...
The Central Bank of Nigeria (CBN) released $547.7m (N823.19bn at the official exchange rate of N1,503.3/$1, as of June 30, 2024) to Nigerians for the importation of...
The University of Lagos (UNILAG) has unveiled lead speakers and invited guests for its fourth International Week to include Lagos State Governor Babajide Sanwo-Olu and four...
The World Bank has released the Nigeria Development Update report, stating that over 129 million Nigerians are currently trapped in poverty. It released the report on...
In recognition of outstanding leadership and innovation, Dr. Olufemi Bakre, Managing Director and Chief Executive Officer of Parallex Bank Limited, has been honoured as the “Most...
The Nigerian equities market traded with positive sentiments on Tuesday driven by buying interests in OANDO (+7.9%), ARADEL (+6.1%), and GTCO (+3.2%). At the close of...
Nigeria’s headline inflation rate rose to 32.70% in September 2024, up from 32.15% in August 2024, reflecting a 0.55% increase. This was disclosed by the National...
Aradel Holdings Plc, an integrated energy company has listed 4.34 billion shares on Nigerian Exchange Limited (NGX) Main Board. The shares, listed at N702.69 per share...
The National Agency for Science and Engineering Infrastructure (NASENI) through the Presidential Implementation Committee on Technology Transfer (PICTT) has awarded the sum of N70.5 million naira...
Starlink Internet Services Nigeria Limited, an internet service provider being operated by Elon Musk’s satellite company, SpaceX, is facing its first regulatory huddle which may lead...
Taxes paid by Nigerians involved in the wholesale and retail trade, as well as the repair of motor vehicles and motorcycles, surged by 49% in the...
The federal government has approved over N820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway as well as for the completion of the Bodo-Bonny road...
A new report released by Google, conducted independently by Public First, has underscored the significant impact of its digital products in Nigeria amounting to $1.8 billion...
