Stock market rebounds with N57bn gain amidst buying interest
The Nigerian Exchange Ltd. (NGX) rebounded on Wednesday, gaining N57 billion to close at N56.504 trillion. This increase follows eight consecutive sessions of losses. […]
BUSINESS
Lafarge Africa launches Girls in Tech Program in Cross River
By PATRICK ABANG, Calabar – Recognizing the under-representation of women in the technology sector, leading innovative and sustainable building solutions company, Lafarge Africa Plc, […]
Dangote commended for reducing diesel price to N1,000/litre
A former chairman of the Manufacturers Association of Nigeria (MAN), Ogun Chapter, Dr Wale Adegbite, has lauded Dangote Petroleum Refinery for reducing the price […]
Market capitalisation drops N1.1trn on sell-offs – NGX
Trading activities on the Nigerian Exchange Ltd.(NGX) ended on a negative note on Tuesday as the capitalisation dropped by N1.11 trillion. Notably, the market […]
FG pays N205bn electricity subsidy, as DisCos withhold ₦50bn in Q3 2023 – NERC
The Federal Government paid about ₦205bn as electricity subsidy in the third quarter of last year, according to data obtained from the Nigerian Electricity […]
CBN expresses commitment to harnessing digital technologies
The Central Bank of Nigeria (CBN) has said it is committed to harnessing the power of digital technologies to enhance financial inclusion. CBN Governor, […]
Nigeria’s inflation hits 33.20%, says NBS
The National Bureau of Statistics (NBS) says Nigeria’s headline inflationgf rate increased to 33.20 per cent in March 2024. The NBS said this in […]
Nigeria Customs Service bolsters collaboration with Benin Republic counterpart
By OLA MODUPE, Lagos – In an effort to strengthen the longstanding partnership between the Nigeria Customs Service (NCS) and its counterpart in the Republic […]
NIPCO completes 4 CNG stations in Lagos
NIPCO Plc has completed four Compressed Natural Gas (CNG) stations in Lagos, set for inauguration by May. The Managing Director of NIPCO Gas Ltd., […]
Tinubu urged to intervene in Dangote Refinery pump price of diesel
A chieftain of the All Progressives Congress (APC) in Osun State, Olatunbosun Oyintiloye, has appealed to President Bola Tinubu, to intervene in the possible […]
AMCON delists Benue Links from bad debtors list –GM
The General Manager, Benue Links Nigeria Ltd., Mr Alexander Fanafa, says the Assets Management Company of Nigeria (AMCON) has delisted the transport company from […]
Naira makes huge recovery, gains 7.2% against dollar
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of […]
We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri
The Federal Government has said measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil […]
Equity market: Investors lose N412bn
Losses in the stocks of Dangote Sugar, Guaranty Trust Holding Company (GTCO), among others have further weakened the performance of the equity market of […]
FIRS generates N12.3 trn in 2023 – CEO
The Chief Executive, Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, said that the service witnessed unprecedented progress in revenue collection, culminating in a […]
NPA is committed to becoming Africa’s leading port – MD
The Managing Director of the Nigerian Ports Authority (NPA), Alhaji Mohammed Koko, has said the agency is committed to becoming the leading port in […]
Inflation to further drop in 2024 – IMF
The International Monetary Fund (IMF) says inflation is easing faster than expected but has not been fully defeated. Managing Director of IMF, Kristalina Georgieva,was […]
ABCON backs CBN’s directive on non-export domiciliary accounts
The Association of Bureau De Change Operators of Nigeria (ABCON) has commended the Central Bank of Nigeria (CBN) for its recent directive to cease […]
Dangote moves to ensure self-sufficiency in all sectors of its investment
Dangote group has said that its target is to ensure that Nigeria becomes self-sufficient in all sectors of its investment. The South East Regional […]
SABRE 2024: NIPR, Nigeria Customs emerge African PR awards finalists
The Nigerian Institute of Public Relations (NIPR) and the Nigeria Customs Service (NCS) have been selected as finalists for the 2024 SABRE Africa PR […]