Latest News
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104Banking & FinanceCBN Orders BDCs to Reapply for Operating Licences
The Central Bank of Nigeria (CBN) yesterday ordered all existing Bureau De Change (BDCs) operators in the country and promoters of new...
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69Foreign NewsAsian Stocks, US Futures Rise on Nvidia Earnings
US equity futures rallied and Asian stocks gained after upbeat earnings from Nvidia Corp. reinforced optimism over the global artificial-intelligence boom. The...
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121Local NewsNigeria, Benin Republic Strengthen Ties to Boost Trade
Nigeria and the Benin Republic have strengthened commercial and trade relations to boost economic activities in both countries. Briefing journalists after the...
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148Industry & Money75,809 Beneficiaries Got ₦496.72b Loans in 2023 –BOI
No fewer than 75,809 beneficiaries received credit funding worth N496.72bn from the Bank of Industry in 2023. The loans were disbursed to...
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64Foreign NewsOil Prices Fall for Fourth Straight Day
Oil prices eased for a fourth straight session on Thursday after the minutes of a U.S. Federal Reserve meeting revealed discussions of...
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189Stock MarketLocal Bourse Reverses Gain
EQUITIES Sentiments turned bearish in the domestic stock market as sell pressures in ZENITHBANK (-4.6%) and GTCO (-3.6%) caused a 0.2% decline...
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64Industry & MoneyMinister Seeks Gas Concession for Cement Manufacturers
The Minister of Industry, Trade and Investment, Doris Nkiruka Uzoka-Anite, has urged that the gas concessions given to electricity companies should be extended...
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1.3KTelecoms & ITCommunications Commission Begins Public Enquiry on Key Guidelines
The Nigerian Communications Commission (NCC) yesterday commenced a public enquiry on the review of three key guidelines/regulatory instruments for the telecoms industry. All...
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59Local NewsPetrol Price Increased by 176.02% in 12 months
The National Bureau of Statistics (NBS) yesterday said the prices of a litre of the Premium Motor Spirit (PMS), petrol, rose by 176.02 per...
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3.3KEconomy & MarketPost MPC: MPC Raises Policy Rate Again
The Monetary Policy Committee (MPC), in its third meeting of the year, voted to raise the Monetary Policy Rate (MPR) for the...
