Latest News
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93Economy & MarketCBN Pegs BDC Forex Sales at $5,000
The Central Bank of Nigeria has limited bureau de change operators’ single foreign exchange cash sales to $5,000. According to the apex...
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91Stock MarketBullish Start to New Trading Week
EQUITIES Trading in the domestic equities market carried on last week’s bullish performance, as interest in GEREGU (+5.0%) and FBNH (+10.0%) drove...
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1.7KOpinionInflation to Increase in September on Higher PMS Prices
Headline inflation maintained a downtrend in August, which was primarily supported by the high statistical base from last year’s corresponding period. According...
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191Foreign NewsOil Climbs on US Output Concerns
Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of...
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214Industry & MoneyNERC Orders Discos to Procure 398MW Embedded Power
The Nigerian Electricity Regulatory Commission has mandated electricity Distribution Companies to procure a minimum of 398MW of embedded generation to enhance the...
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89Business NewsFG, States, LGs Shared ₦3.47tr in Q2 –NEITI
The Nigeria Extractive Industries Transparency Initiative has stated that the Federation Accounts Allocation Committee disbursed N3.473tn to the three tiers of government...
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117Economy & MarketInflation Drops to 32% Despite Petrol Price Hike –NBS
Nigeria’s headline inflation rate decreased to 32.15 per cent in August 2024 despite the recent hikes in the pump prices of petrol...
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190Foreign NewsEuropean Shares Set to Rise Ahead of Fed, BOJ
European stock futures rose while Japanese shares declined, as investors looked ahead to decisions from a slew of central banks this week....
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112Business News134 Illegal Oil Refineries Demobilised, 63 Illegal Pipelines Uncovered in a Week –NNPC
As part of Nigeria’s fight against oil theft, the Nigerian National Petroleum Company Limited (NNPC) has disclosed that 134 illegal refineries were...
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112Local NewsFG Targets $1.5b GDP Through Halal Economy
The Nigerian government says it will launch a comprehensive strategy on Wednesday to become a leading player in the $7tn Halal economy....
