Latest News
-
73Economy & MarketEconomic and Market Report: Week Ended 18-10-2024
Global Economy Consumer prices in the United Kingdom (UK) fell below the Bank of England’s 2.0% medium-term target for the first time...
-
75Stock MarketLagos Bourse Succumbs to Selling Pressures
In today’s trading session, the Lagos bourse succumbed to selling pressures, closing 0.01% weaker. Gains in TRANSPOWER (+8.76%), OANDO (+1.32%) and UBA...
-
404Leadership & ManagementFG Capital Spending Drops by 25% –CBN
Nigeria’s capital expenditure for the first half of 2024 has declined by 25.3 per cent to N1.99tn, down from N2.68tn in the...
-
114Economy & MarketEdun: ₦10tr Savings from Subsidy Removal for Infrastructure, Others
The Federal Government yesterday outlined how key reforms in the downstream petroleum sector and foreign exchange (forex) market would unlock more than N10 trillion...
-
115Local NewsFG, States, LGs Share ₦1.298tr September Revenue –FAAC
The Federal Government, states, and Local Governments have shared N1.298tn generated in September 2024 and distributed in October. This was according to...
-
117Industry & MoneyNigeria Plans ₦1.1b Private Sector Funding in Power Sector
The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification...
-
177Local NewsFG Orders Discos to Replace Phased-out Meters
The Federal Government has declared that electricity distribution companies must replace any meter phased out due to a meter upgrade. It declared...
-
180AgricultureNigeria Loses 855,629 MT of Food to 2024 Floods –Report
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
-
166Banking & FinanceWorld Bank to FG: Conduct Audit to Reconcile What NNPC Owes Federation
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
-
165Money MarketChina’s Buyback Plans, GDP Fuel Asia Stock Gains
Asian equities rose as investors digested China’s better-than-expected economic data and stock buyback program details from the country’s central bank. Gold hit...
