Latest News
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307Industry & MoneyBeverage Manufacturers to get a Temporary Suspension of Sugar Tax –FG
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the Federal Government is considering a temporary...
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375Money MarketNGX All-Share Index Snaps Winning Streak
EQUITIES The local bourse paused its two-day bullish run as sell pressures on MTNN (-3.4%) undermined market performance. Thus, the NGX ASI...
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1.7KBusiness NewsFG Mandates NEITI Board to Focus on Diversification
The federal government has charged the new Board of the Nigeria Extractive Industries Transparency Initiative (NEITI) to refocus its attention on impacts...
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577AgricultureNigeria Projects 500,000 Metric Tonnes of Cocoa Production by 2025
On Tuesday, the federal government said it would boost its cocoa production to 500,000 metric tonnes by 2025 from the 340,000 recorded...
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285Business NewsFG Launches First AfCFTA Shipment to 5 African Countries
FIVE years after the inauguration of the Nigeria AfCFTA Coordination Office, President Bola Ahmed Tinubu yesterday launched the first shipment of Nigeria’s...
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271Foreign NewsStocks Lose Momentum as Global Gains Take Breather
European and US equity futures inched lower on Wednesday, taking a breather after American shares advanced to fresh highs, as traders adjust...
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393Local NewsAMCON Recoveries Stand at ₦1.960 tr, Says Alade
The Managing Director, Asset Management Corporation of Nigeria (AMCON), Gbenga Alade, yesterday revealed that the Corporation has made recoveries in the sum...
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374Economy & MarketIMF Downgrades Nigeria’s Economic Growth Forecast to 3.1%
The International Monetary Fund yesterday downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 percent, citing weaker growth recorded in the...
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245Money MarketLocal Bourse Sustains Positive Performance
EQUITIES Sentiments in the Nigerian equities market remained bullish, as sustained interest in ZENITHBANK (+2.6%) and UCAP (+10.0%), drove a 0.1% gain...
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302Industry & MoneyFG Seeks W’Bank’s Assistance on $50m Solar Power Project
The Federal Government has sought the assistance of the World Bank for $50m to support state governments in the installation of solar...
