Blackout In Abuja, Others As National Grid Collapses Again   Nigeria’s electricity grid has collapsed yet again, distribution companies announced Monday. The collapse occurred late Monday morning, they said. It is the seventh time the grid would collapse this year, causing blackout...

New Capital Market Law Will Enhance Global Competitiveness - SEC   The Securities and Exchange Commission (SEC) has said that the passage of the Investments snd Securities Bill 2022 would aid the functioning of the capital market as well as facilitate...

Rate Hikes Shrinking Real Estate Investments, Says IMF   Tighter financial conditions, such as interest rate hikes have affected commercial property prices by making it more expensive for investors to finance new deals or refinance existing loans, a new report by...

Aviation Sector Leads With N117bn Contribution To GDP In H1, 2022 - NBS   The aviation sector has contributed more to the Nigerian economy in the first half of 2022 with at least N117.3 billion, said the National Bureau of Statistics...

Forex Pressure, High External Reserve Remains As MPC Meets Monday, Tuesday   As the Monetary Policy Committee (MPC) meets Monday and Tuesday, there are posers over a relief for the weakening naira or the speedy inflationary rise, which has prevailed despite...

Fed Govt’s Deficit Rises By 128% To N3.6trn   The fiscal operations of the Federal Government in the first quarter of 2022, Q1’22, has yielded a massive deficit of N3.55 trillion as revenue fall far below budget estimates. This is contained in...