Equity Market Gains N1.83tn The Nigerian equity market recorded a gain of N1.83tn last week as the All-Share Index and Market Capitalisation appreciated by two per cent and 2.78 per cent to close at 108,053.95 points and N67.418tn respectively. A total turnover of 2.414 billion shares...

Personal Loans Rose by 37.76% in November – CBN According to latest monthly report by the Central Bank of Nigeria (CBN), Nigeria’s personal loan portfolio rose by 37.76 per cent to N3.32tn in November 2024. The sharp increase in consumer borrowing reflects the impact of rising...

Global Taxation to Fund SDGs Anarchic, Unacceptable - Jimoh Ibrahim The lawmaker representing Ondo South Senatorial District, Senator Jimoh Ibrahimh, has told the United Nations that proposing a global tax to fund the Sustainable Development Goals (SDGs) was inappropriate and unacceptable. Ibrahim, according to a statement...

Petrol Export Holds Key to Reducing Inflation, Says LCCI   The Lagos Chamber of Commerce and Industry (LCCI) has advised the Federal Government to increase domestic crude oil refining and petrol export. This strategy is expected to help the government achieve its goal of reducing inflation...

Nigeria Needs Better Labour Policies for Economic Growth - NECA   The Nigeria Employers Consultative Association (NECA) has appealed to the government to reform and strengthen its labour policies, aiming to attract investments, foster regional trade, and ultimately achieve economic stability. The Director-General of the Nigeria Employers Consultative...

Maritime Agencies Rake in N850.3bn Revenue for 2024   In 2024, four key agencies under the Marine and Blue Economy umbrella collectively generated a significant revenue of N850.324 billion. This was a 77 per cent growth compared to the amount generated by the agencies in the previous year...