Cement Stocks Drive NGX to N833bn Gain
The Nigerian Exchange Limited (NGX) gained momentum on Thursday as cement stocks pushed the market capitalisation higher by N833bn, buoyed by strong investor interest.
The benchmark All-Share Index rose by 1.02 per cent or 1,316.76 points, closing at 130,283.84,...
Obi’s SABMiller Claim as Anambra’s Highest Tax Earner False - Official
The Anambra State Internal Revenue Service (AiRS) has debunked recent public claims credited to former Governor Peter Obi suggesting that SABMiller Breweries is the highest taxpayer in the state.
In a detailed statement seen by...
Again, Naira Strengthens Against Dollar Across Markets
The Naira posted fresh gains against the US dollar on Thursday, July 17, appreciating in both the official and parallel foreign exchange markets.
In the black market, currency dealers in Abuja told Economic Confidential that the naira was exchanged...
NERC Blames DisCos for Safety Lapses as Deaths, Injuries Mar Q1 Performance
The Nigerian Electricity Regulatory Commission has accused the distribution companies of non-compliance with safety guidelines which resulted in the death of 12 people and 14 others sustained injuries in electricity-related accidents across Nigeria...
No Excuse, Nigeria Can Generate 60,000MW of Electricity, Says Dangote
President of the Dangote Group, Alhaji Aliko Dangote, says there is no justification for Nigeria’s low power generation output, arguing that if his conglomerate alone can produce over 1,500 megawatts for internal use, the country...
PTML Customs Rakes in N204.7bn Revenue in H1
The Nigeria Customs Service, Ports & Terminal Multiservices Limited Command, has announced collecting the sum of N204.7bn as revenue for the first half of 2025.
This was contained in a statement on Wednesday by the Public Relations Officer...
