Nigerian Stock Market Records N539 Billion Decline Week-On-Week
The Nigerian Exchange Limited (NGX) stock market saw a big drop of N539 billion from one week to the next,...
CBN Governor Acknowledges Interest Rate Hike Challenges
Yemi Cardoso, the Governor of Central Bank of Nigeria (CBN), has acknowledged the challenges that come with the recent upward...
NCC Under Fire Over Starlink’s Price Hike
The Nigerian Communications Commission (NCC) is facing criticism from the telecom industry due to Elon Musk's Starlink recently raising its...
FAAN Commissions Equipment To Tackle Bird Strikes Across Airports
The Federal Airports Authority of Nigeria (FAAN) has bought advanced equipment from the International Civil Aviation Organisation (ICAO) to stop...
Fidelity Bank Announces 163% Increase in Pre-Tax Profit to N200.8 Billion
Fidelity Bank PLC has reported a pre-tax profit of N200.8 billion for the first half of 2024, which is a...
FG Commences Crude Oil Sales in Naira, Targets Economic Growth
The Nigerian government has commenced the sale of crude oil using the Naira currency, starting from October 1, 2024, according...
Central Bank of Nigeria Stabilizes Foreign Exchange Market with $543.5 Million Sale
The Central Bank of Nigeria (CBN) has taken steps to reduce market fluctuations by selling $543.5 million to banks that...
Nigeria to Evacuate Citizens from Lebanon Amid Conflict
The Nigerian government's foreign affairs department has started getting ready to bring Nigerian people back from Lebanon because of the...
Nigeria’s Debt Servicing Payments Surge By 69% To N6.04 trillion In H1 2024
In the first half of 2024, Nigeria's payments for debt servicing increased by 69%, reaching N6.04 trillion, up from N3.58...
X Platform Pays $5.2 Million Fine To Wrong Account In Brazil
The X platform, previously known as Twitter, mistakenly paid a $5.2 million fine to the wrong account in Brazil, adding...
Nigerian Stock Market Experiences 0.47% Gain, Trading Volume Surges By 20%
The Nigerian stock market trading ended positively yesterday, as the All-Share Index, ASI, rose by 0.47% to close at 97,520.54...
Nigeria’s 64-Year Inflation Nightmare: A Nation’s Economic Freedom Still Eludes
As Nigeria marks 64 years of independence, its economic freedom still feels out of reach. The constant problem of inflation...
Tinubu Submits Tax Reform Bills to Senate
President Bola Tinubu has transmitted five important tax reform bills to the Senate for their review. These bills are meant...
World Bank Partners With Nigeria On Maritime Sector Development
The World Bank Group plans to work together with Nigeria's Ministry of Marine and Blue Economy to improve the country's...
Nigeria’s Ministry of Arts, Culture, and Creative Economy Secures $200 Million Loan from Afreximbank
The Nigerian government has obtained a $200 million loan facility from Afreximbank aimed at developing the country's creative industries. Hannatu...
