Industry & Money
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224Food Inflation Hits 40% Despite FG $3.3b Agric Loan
Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food production, the cost of essential staple...
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264Agric Sector Expands as Nigeria’s PMI Shrinks
The latest PMI report from the Central Bank of Nigeria indicates that the agricultural sector has continued to expand despite Nigeria’s Purchasing...
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205‘NNPC’s Crude-backed $1b Support Critical to Dangote Refinery’s Success’
The Nigerian National Petroleum Company Limited (NNPC) yesterday highlighted the role its over $1 billion investment in the 650,000 barrels per day...
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63NRC Generates in ₦1.70b from Passengers in Q3
The Nigerian Railway Corporation (NRC) generated N1.70bn from passengers in the third quarter of 2024, an increase of 13.83% from the N1.49bn...
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201OPS Fears SMEs’ Collapse as Cash Scarcity Lingers
The Organised Private Sector has joined the call on the Central Bank of Nigeria to address the cash scarcity witnessed nationwide, stressing...
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49Nigeria Exports ₦181.62b Electricity in 9 months
Nigeria exported N181.62bn worth of electricity from January to September of 2024, analysis of data from the National Bureau of Statistics (NBS)...
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177LCFE, Traders Sign MOU to Launch Auctions Market, Enhance Trade Practices
The Lagos Commodities and Futures Exchange (LCFE), and the Amalgamated Traders Associations of Mile 12 International Market have signed a Memorandum of Understanding...
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239VP Shettima Inaugurates Nigeria-Owned Oil Vessel in Dubai
Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and Offloading (FPSO) vessel to boost Nigeria’s oil production...
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179Financial Markets Review and Outlook
The financial market in 2024 has been a story of “two unequal halves”. In the first half, the domestic equities market surpassed...
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60Pension Fund Assets hit ₦21.92tr in October –PenCom
The National Pension Commission (PenCom) revealed yesterday that Nigeria’s pension fund assets have surged to N21.92 trillion as of October 2024, reflecting...
