All posts tagged "Featured"
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248Economy & MarketFG Plans Zero-duty on Food Imports to Curb Inflation
In a bold effort to tackle rising food prices and provide immediate relief from inflationary pressures, the Federal Government has proposed a...
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225Business NewsNigeria Records ₦9.1tr Revenue in Q1 –Edun
Nigeria has achieved a major fiscal breakthrough, with its first-quarter revenue for 2024 swelling to N9.1 trillion, more than double the earnings...
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256Industry & MoneyNigeria Added 45,000bpd Oil in August –Report
Nigeria’s crude oil production increased from 1.307 million barrels per day in July to 1.352mbpd in August. The Organisation of the Petroleum...
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201Economy & MarketNigeria’s Trade Surplus Hits ₦6.9tr in Q2 –NBS
Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased...
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308Money MarketFederal Govt Dollar Bond Attracts $900m Subscription
Nigeria’s maiden foreign-currency domestic bond recorded a subscription of $900 million, overshooting the initial offer size of $500 million. The Minister of...
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242Economy & MarketFinancial Sector Grew by 30% –FG
The Federal Government has said that Nigeria’s financial sector grew by over 30 per cent in the first half of 2024. The...
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292Local NewsWhy Sabotage Persists in the Power Sector –Reps Panel
The House of Representatives Committee on Safety Standards and Regulations has identified the lack of enforcement of rules and regulations by regulatory...
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266Banking & FinanceNaira Weakens to ₦1637/$
The Nigerian naira has lost further ground against the United States dollar, with the exchange rate hitting N1637.59 at the close of...
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285Economy & MarketFAAC Allocations rise 149% to ₦13.7tr in 7 months
The Federation Account Allocations Committee (FAAC) disbursements to the Federal Government (FG), 36 states and 774 local governments (LG) rose by 149.4...
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873Telecoms & ITNCC Unveils Device Management System to Protect Mobile Phone Users
The Nigerian Communications Commission has announced the introduction of a Device Management System (DMS) aimed at bolstering security and protecting consumers in...
