Dangote Fertilizer, Change maker for Agriculture, Economy’  The President/CE, Dangote Group, Aliko Dangote has said the $2bn Fertilizer plant in Lekki, Lagos State, soon to come on stream, is a change maker for the agricultural sector in particular, and Nigeria's...

Contributions to National Housing Fund hit N372bn Contributions to the National Housing Fund reached N372.82bn in January, information obtained from the Federal Mortgage Bank has shown. The number of contributors has also risen to 5, 027, 489 across the country. The...

COVID-19: Capital Market Lost N1.87trn The Nigeria Capital Market has lost N1.87 trillion to global oil price crash and increasing spread of COVID-19 in four days. Specifically, the All-Share Index, which opened the week at 26, 279.61, dropped 3,583.73 points or...

Naira now N410/$ at parallel market As the raging Coronavirus continues its huge toll on the global economic system, particularly for oil exporting countries, the Naira on Thursday depreciated by 9% in exchange for the dollar at the parallel market,...

CBN Leads Others to Raise N1.5tn to Fund Infrastructure The Central Bank of Nigeria (CBN) is coordinating commercial banks, pension funds and other financial institutions to raise N1.5trillion to fund road, power and port facilities through a special purpose vehicle...

Sabotage: Shell reports 41% rise in onshore Nigeria oil spills Royal Dutch Shell’s onshore Nigeria subsidiary saw a 41% rise in the number of crude oil spills due to theft or pipeline sabotage in 2019, the group said in...