Business & Finance
NGX Insurance Index Gains 26.9% in First Week of 2025 After Stellar 2024 Performance
The NGX Insurance Index rose by 26.9% in the first week of trading in 2025, showing its best weekly performance...
Nigeria Ramps Up Oil Production to 1.8 Million Barrels Per Day
Nigeria's oil production has surged to a remarkable 1.8 million barrels per day (mbpd), according to the Minister of State...
Marketers to Begin Lifting Petrol from Port Harcourt Refinery This Week – PETROAN
Marketers and sellers of petroleum products are expected to start getting Premium Motor Spirit (PMS), also known as petrol, from...
IMTO Inflows Surge by 63.7% in Nine Months Amid CBN Reforms
The Central Bank of Nigeria (CBN) got a 63.7% increase in international money transfer operator (IMTO) inflows from January to...
Nigerian DisCos’ Remittance Performance Declines Amidst Grid Instability
Despite the unstable state of Nigeria's grid supply, Nigerian electricity distribution companies (DisCos) paid a total of N137.06 billion to...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, January 6 2025
As of today, January 6 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
Weekly Market Wrap: ASI Hits N63 Trillion, Gains 1.42% as Insurance Stocks Rally
The Nigerian stock market ended the week on a positive trend, with the All-Share Index (ASI) increasing by 1.42% to...
Warri Refinery Revived: NDYC Demands Full Operation
The Niger Delta Youth Council (NDYC) has boldly stepped into the spotlight, urging President Bola Tinubu and the Nigerian National...
Nigeria’s Debt to Reach N187.8trn in 2025 Amid Rising Borrowing Costs
According to an investment firm report, Cardinalstone, Nigeria's debt stock is projected to escalate to N187.79 trillion again by 2025,...
Corporate Tax, VAT Drive Federation Account to N6.86tn – CBN
The Central Bank of Nigeria (CBN) has reported a 7.48% increase in receipts into the federation account, which went up...
Dollar, Euro and Pounds To Naira Exchange Rate For Today, January 5 2025
As of today, January 5 in Lagos, Abuja and Kano, here are the exchange rates for the Nigerian Naira (NGN)...
IMF Warns of $1tn Hidden Debt Threatening Low-Income Nations
In a recent report, the International Monetary Fund (IMF) has raised concerns over $1 trillion in undisclosed public debt globally,...
Subscribers Threaten Legal Action Against Telcos Over Proposed 100% Tariff Hike
Telecom users in Nigeria are planning to take legal action against telecom companies over a planned 100% rise in service...
Global Food Prices Dropped 2% in 2024 — FAO
The United Nations' Food and Agriculture Organisation (FAO) reported that global food prices dropped by 2.1% in 2024 compared to...
Tinubu Urged to Privatize Refineries Amid ₦1,000 Fuel Crisis
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has made yet another passionate appeal to the Federal Government,...
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