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Pantami Foundation Donates N66m, 162 Animals to Needy for Eid Celebration

Pantami Foundation Donates N66m, 162 Animals to Needy for Eid Celebration In a major philanthropic gesture to support the less privileged during the Eid-el-Kabir celebrations, the Professor Isa Pantami Foundation has donated 12 cows, 150 rams, and a total of N66 million in cash. The...

Equities Market Gains N1.7 trillion

Renewed investor confidence, supported by strong macroeconomic fundamentals, propelled the Nigerian equities market to new heights last week, adding a substantial N1.7 trillion to its market capitalisation.

Cost of Imported Materials Surge by 118% in 2024 – MAN

The cost of imported raw materials surged by 118 per cent to N6.64 trillion in 2024 alone due to the depreciation of the exchange rate, Manufacturers Association of Nigeria (MAN) has disclosed.

Nigeria Maintains Clean Bill as $1.3bn Airline Funds Remain Blocked

The International Air Transport Association (IATA) yesterday reported that $1.3 billion in airline funds are blocked from repatriation by governments as of end of April 2025.

Access Bank Acquires National Bank of Kenya (NBK) from KCB Group

Access Bank Acquires National Bank of Kenya (NBK) from KCB Group KCB Group PLC (KCB Group) and Access Bank PLC (Access Bank) have completed the sale of National Bank of Kenya Limited (NBK) to Access Bank Plc, marking the conclusion of a transaction that...

‎Naira Gains Against Dollar in Both Official, Parallel Markets

‎Naira Gains Against Dollar in Both Official, Parallel Markets ‎The naira appreciated by ₦5.33 against the US dollar across both the official and parallel markets on Saturday, May 31, reflecting ongoing volatility in Nigeria’s foreign exchange environment. ‎In the black market, traders in Abuja told Economic...