Latest News
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210Industry & MoneyPowering Nigerian Industrial Sector Requires Huge Investments, Deliberate Policies –NERC
The Nigerian Electricity Regulatory Commission (NERC) has declared that powering the Nigerian industrial sector with adequate electricity could be realised with deliberate...
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86Banking & FinanceCBN Extends BDCs’ Recap Deadline by Six Months
The Central Bank of Nigeria (CBN) will be extending the recapitalisation deadline for Bureau De Change (BDC) operators from December 3, 2024 to June...
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212MartimeNigeria’s Exports to UK Hit $2.5b
The value of Nigeria’s annual exports to the United Kingdom (UK) has reached $2.5billlion. This is as trade relations between both countries stand at...
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84Business NewsStates Failed to Execute 40% of Capital Expenditure –Fitch
Credit ratings company, Fitch, has said that state governments in Nigeria do not execute 40 per cent of the capital expenditure in...
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83Local NewsUnemployment Rate Dropped to 4.3% in Q2 –Statistics Bureau
Nigeria’s unemployment rate declined to 4.3 per cent in the second quarter of 2024, signalling improved labour market conditions. According to the...
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175Industry & MoneyNigeria’s Oil Production Above OPEC Quota –NNPC
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Authority say the country’s crude oil production has risen beyond...
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85Money MarketDollar Gains, Stocks Drop on Trump Tariff Threat
The dollar rallied and Asian shares dropped after President-elect Donald Trump said the US will impose additional tariffs on China, Mexico and...
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83Banking & FinanceBVN Enrollment Hits 64m –NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that the number of Banks Verification Number (BVN) enrollments is currently standing at 64.009 million....
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41Money MarketBanks, Others Raise Over ₦2.7tr –SEC
The Securities and Exchange Commission (SEC) has announced that over N2.7 trillion has been raised in Nigeria’s capital market by banks and other companies,...
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207Leadership & ManagementN’Assembly Faults FG’s Appetite For Foreign Loans Despite Surpassing Revenue Targets
Members of the joint National Assembly Committees on Finance, yesterday, faulted the decision by the President Bola Tinubu-led federal government to borrow...
