Latest News
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2.7KLocal NewsGovernors Launch Platform to Attract FDIs, Say $2b Yearly Inflow Less Than 0.5% of GDP
State governors in the country yesterday floated an investment platform to enable the 36 states attract Foreign Direct Investments (FDIs). They said...
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2.7KStock MarketStock Market Reverses Gains as ASI Down 1.5%
EQUITIES The Nigerian equities market reversed yesterday’s gains, as losses in DANGCEM (-9.9%), ZENITHBANK (-7.3%), GTCO (-2.1%), and OANDO (-7.1%) dragged the...
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2.7KLocal NewsNigeria Utilises Only 41% of Installed Generation Capacity Amid Stranded Power Crisis
The power sector in Nigeria has again highlighted the paradox that has defined its electricity supply chain, marked by significant installed generation...
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2.8KIndustry & MoneyNigeria Launches 40,000 cbm LPG Vessel to Boost Clean Energy
President Bola Tinubu yesterday said Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa...
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2.7KLocal NewsPenCom Blacklists Seven Mortgage Banks Over Housing Loans Breach
The National Pension Commission has directed Pension Fund Administrators and Pension Fund Custodians to immediately stop accepting or processing equity contribution applications...
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3.7KTelecoms & ITTelecoms Industry Burns ₦480b Yearly on Diesel to Stay Connected –NCC Boss
Nigeria’s telecommunications industry spends an average sum of N480 billion every year on diesel just to keep the country connected, a cost...
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2.8KMoney MarketEuropean Futures Rise, Oil Dips After Ukraine Meet
Financial markets traded in a narrow range, with global equities holding near record highs, after Donald Trump’s meeting with Ukraine’s president and...
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2.5KLocal NewsFIRS, Customs, Three Others Generated ₦21tr in H1
The Federal Government earned about N21.22tn as revenue from the activities of five revenue-generating agencies in the first six months of 2025,...
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2.9KBusiness NewsOil Slips as Market Ponders Potential Russia-Ukraine Peace Talks
Oil prices slipped on Tuesday as market participants contemplated possible three-way talks involving Moscow, Kyiv and Washington to end the war in...
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1.1KBusiness NewsPower Supply Challenges Barrier to E-Vehicle Adoption –NMDPRA
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has identified poor electricity supply as a major challenge stalling Nigeria’s electric mobility transition....
