Latest News
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145Local NewsRevenue-Generating Agencies Owe FG Over ₦3tr –FAAC
The Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted...
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3.5KCulture & LifestyleCreative Industry Will Contribute $100b to Nigeria’s Economy by 2030 –FG
The Federal Government says it targets a $100bn contribution to Nigeria’s Gross Domestic Products (GDP) from the creative industry by 2030. The...
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143Economy & MarketFG Signs $3.5b Deal with Afreximbank to Boost Industrial Sector
In a significant move to bolster the textile industry and advance the usage of Compressed Natural Gas (CNG) vehicles, the Federal Government has...
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210Industry & MoneyNERC Okays 450MW Deal to Avert Zungeru Plant Shutdown
The Nigerian Electricity Regulatory Commission has approved a deal to procure 450 megawatts of electricity from Zungeru Hydro Electricity Generation Company Limited....
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131Local NewsFG Awards ₦14B Shoreline Protection Contract for Outer Mariner
The Federal Government has awarded a contract worth about N14 billion to a construction company, Buildwell, for the reconstruction of the outer...
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332Foreign NewsSouth African Rand Extends Gains After Unity Government Confirmed
South Africa’s rand was slightly stronger in early trade on Tuesday, building on gains after unity government members were confirmed last week...
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245Banking & FinanceWema Bank Concludes First Tranche of Capital Raising
Wema Bank has successfully concluded the first tranche of its recapitalisation exercise having secured all relevant regulatory approvals for the allotment of...
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194Foreign NewsCyril Ramaphosa is Re-elected South Africa President in ‘New Era’ of Coalition
South African president Cyril Ramaphosa was re-elected to the country’s highest office for a second term late on Friday after he secured...
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452Economy & MarketEconomic and Market Report: Week Ended 14-06-2024
Global Economy According to the Bureau of Labor Statistics (BLS), United States headline inflation fell below market expectations (3.4% y/y) as it...
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335Stock MarketNGX All-Share Index Ends Week Positive
This week, the local bourse ended on a positive terrain as it closed 0.71% higher. The rally was buoyed by positive sentiment in...
