FG Eyes $1bn Investment, 500,000 Jobs in Mining Sector Boost
The Federal Government has projected that the mining sector would raise employment from the current 0.3 per cent to 500,000 jobs by 2030 amid expectations of attracting $1bn in foreign...
Naira Reaches Two-Year Peak kf N1,347/$
The naira has strengthened sharply in recent weeks, reaching one of its strongest levels in nearly two years, even as rising foreign portfolio inflows increase the risk of investor profit-taking later in the year,...
Investors Gain N1.7trn as Banking, Industrial Shares Soar
Investors gained approximately N1.70 trillion at the close of Thursday’s trading, as broad-based sectoral advances lifted equities and pushed the benchmark index to a fresh weekly high on the Nigerian Exchange Limited.
Market...
Banks, Telcos Settle N300bn USSD Debt Dispute After 4 Years
Banks and telecommunications operators in Nigeria have ended a four-year dispute over nearly N300bn owed for Unstructured Supplementary Service Data services, with the debt now fully cleared, the Association of...
Tinubu’s Executive Order Could Boost FG, States, LGs Allocation by N15trn
The federal, state, and local governments may receive additional revenue allocations of about N14.57tn following the recent Executive Order signed by President Bola Tinubu, directing that royalty oil, tax...
NSDC, Lee Group to Set up Massive Sugar Project in Niger
The Niger state governor, Umar Bago, has assured the National Sugar Development Council (NSDC) and the Lee Group of its commitment to the emergence of another massive sugar project...