Latest News
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174Economy & MarketFG Plans fresh $100b Investments to Curb Economic Crisis
The Federal Government is planning to invest $100bn annually to tackle the economic challenges in Nigeria, the Minister of Budget and Economic...
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44Business NewsAjaokuta Steel Company Risks Disconnection Over ₦1.27b Energy Debt
The moribund Ajaokuta Steel Company Limited risks being disconnected from the power grid over its failure to pay the N1.27bn electricity debt...
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196Stock MarketLocal Bourse Reverses Gains
EQUITIES The domestic stock market reversed yesterday’s gains as losses in OANDO (-8.7%) undermined market performance. Thus, the All-Share Index dipped by...
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163Money MarketStocks Set to Rise as Traders Await Rate Cut Clues
European futures rose 0.2%, brushing off Asian declines as investors reload for key US payrolls data and further clues on interest rate...
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186AgricultureNAFDAC, Exporters to Address Food Export Rejections
To enhance Nigeria’s non-oil export trade, the National Agency for Food and Drug Administration and Control (NAFDAC) has forged a strategic partnership with...
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340Leadership & Management‘Nigeria Requires More Resources for Development’
The Federal Government has said it needs to attract significantly more resources than is currently available for it to execute its development...
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159Industry & MoneyNMDPRA Issues Operational Licence to Edo Refinery
The management of the Nigerian Midstream and Downstream Petroleum Regulatory Authority has issued an operational licence to Edo Refinery and Petrochemical Company...
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183Local News‘Businesses, Households to be Metered before 2030’
The Minister of Power, Adebayo Adelabu, says President Bola Tinubu has ordered that all businesses, institutions, households, and industries be metered in...
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158Industry & MoneyNNPCL Repays 60% of $1b Loan taken to Buy Stake in Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has successfully repaid 60% of a $1.036 billion loan that it took in September 2021...
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144Economy & MarketFX Remittance Surged by 130% to $553m in July 2024
The Central Bank of Nigeria (CBN) has reported a 130% surge in remittance inflows, reaching $553 million in July 2024. This is...
