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...
The Federal Government yesterday outlined how key reforms in the downstream petroleum sector and foreign exchange (forex) market would unlock more than N10 trillion...
The Federal Government, states, and Local Governments have shared N1.298tn generated in September 2024 and distributed in October. This was according to...
The Federal Government has disclosed plans to crystallise N1.1bn private sector funding for the power sector. The Managing Director of Rural Electrification...
The Federal Government has declared that electricity distribution companies must replace any meter phased out due to a meter upgrade. It declared...
The Food and Agriculture Organisation of the United Nations (FAO) has estimated a loss of 855,629 metric tonnes of food to the...
The World Bank yesterday urged the federal government to carry out an audit to reconcile what the Nigerian National Petroleum Company Limited...
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...
Crude oil futures steadied on Friday after strong U.S. retail sales data, but Chinese economic indicators remained mixed and prices were headed...
EQUITIES The Nigerian equities market closed on a bearish note, as sell pressures on GTCO (-3.9%), OANDO (-5.8%), and ARADEL (-10.0%) weighed...
Asia Stocks Gain Led by Tech as Gold, Bitcoin Rise
GenCos Count Losses, Say Grid Collapses Pose Danger to Power Sector
‘Manufacturers Reduce Production Time to Eight Hours Daily Due to Power Crisis’
NNPC to Deploy Low Security Risk, High Integrity Oil Pipelines Nationwide
NEC Moves to End Grid Collapse, Sets Up 13-man C’ttee on National Electrification
Smaller Banks Begin USSD Debt Repayments –Telcos
Oil Heads for Weekly Gains on Anxiety Over Intensifying Ukraine War
Selloffs on Banking Stocks Drag the Bourse as ASI Down 0.2%
Asian Stocks Fall on Nvidia, Geopolitical Risks
OCP Boosts Fertilizer Production with $43.1m