Latest News
-
228Professional ServiceForeign Trade Payments in LC Fall 146% to $434.05m
Nigeria’s foreign trade payments through Letter of Credit (LC) fell by 146.5 percent year-on-year (YoY) to $434.05 million in the first nine...
-
118Money MarketLocal Bourse Off to a Bullish Start
EQUITIES The domestic stock market traded marginally higher as buying interest in WAPCO (+9.5%) offset sell pressures on ACCESSCORP (-3.0%) and TRANSCORP...
-
120Economy & MarketAsian Stocks Rise as China Rebounds on Policy Help
Asian shares edged higher, following a rally in heavyweight Samsung Electronics Co. Ltd. and gains in Chinese stocks on fresh signs of...
-
112Business NewsFG to Support Nigerian Businesses’ African Expansions
Minister of State for Trade and Investment (Industry), John Enoh, has reaffirmed Federal Government’s support for Nigerian businesses within the larger African...
-
249Leadership & ManagementNigeria, India Cement Partnership to Boost Economic, Diplomatic Ties
Nigeria and India have pledged to deepen their collaboration across critical sectors such as food security, healthcare, defence and economic development. The...
-
857The EntrepreneurLaw Mandating 30% Value Addition on Raw Materials for Export Underway –RMRDC
The Raw Material Research and Development Council (RMRDC) said it has sponsored a bill, currently before the National Assembly, which makes it compulsory...
-
426Telecoms & ITNigeria, Others to Share $10b 5G Cash
Nigeria and other countries in sub-Saharan Africa that have deployed the fifth generation (5G) technology to offer telecom services are set to...
-
851The EntrepreneurFX Crisis Pushes Manufacturers to Adopt Local Raw Materials –MAN
The difficulties in obtaining foreign exchange (FX) have pushed manufacturers into sourcing their raw materials locally in the first half of 2024 (H1’24), a...
-
85Stock MarketNGX Proposes Tougher Rules for Large-Volume Trades
The Nigerian Exchange Limited has proposed new rules on block divestment and large-volume trades. Market stakeholders were invited to share their feedback...
-
112Local NewsDisco Blames Load Rejection on Underpayments by Customers
The acting Managing Director/CEO of the Abuja Electricity Distribution Company, Chijioke Okuwuokenye, has stated that the burgeoning debts and electricity overloading are...
