Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national...
EQUITIES The local bourse traded with mixed sentiments as losses in WAPCO (-5.4%) and ZENITHBANK (-2.6%) offset a gain in MTNN (+2.3%)....
The Federal Government, yesterday, announced an end to the renewal of all non- operating oil licenses. Minister of State, Petroleum Resources (Oil), Heineken Lokpobiri, stated...
The Federal Government and the Nigerian Sovereign Investment Authority (NSIA) are to provide N1.325 trillion billion towards the funding of the Presidential Metering...
The Central Bank of Nigeria (CBN) has disclosed that banks’ credit to the private sector declined by 12 per cent month-on-month in...
The trade volumes between Nigeria and the United States (U.S.) reached $10 billion while the U.S. government announced a fresh injection of $125million cash...
The Senate yesterday set up a seven-member ad hoc committee to investigate what caused the stalling of the $18.5 billion Abuja Centenary Economic...
The federal government has opened discussions with Chinese agricultural/construction machinery vendors to boost the current administration’s agricultural transformation agenda as well as...
The House of Representatives has vowed to leave no stone unturned to put the right laws in place that could help checkmate...
The Central Bank of Nigeria (CBN) yesterday clarified that 50 per cent balance of the repatriated export proceeds could be used to...
Economic and Market Report: Week Ended 02-05-2025
Stocks, Futures Climb as China Mulls Trade Talks
‘No Stamp Duty on Property Rent Below ₦10m Under New Tax Reforms’
AfDB Approves $650m Annual Commitment to Boost Economic Growth
Oil Gains as China Opens Door for Trade Talks with US
CBN Emphasises Financial Inclusion
RMAFC Backs Direct Federation Allocations to LG Chairmen
Electricity Subsidy Spending Balloons to ₦762b
Can the UK Become an AI Deployment Leader?
Telcos Order $1b Network Equipment from China –NCC