Bearish Trend: NGX Trading Dips as Investors Lose N68bn  Investors lost N68bn on Wednesday as the equity market continued with its bearish trading. The All Share Index and the Market Capitalisation declined by 0.12 per cent each to settle at 100,365.17 points and N56.83tn, respectively. This brings...

Aviation: FG to Prosecute Contractors with Substandard Projects  The Minister of Aviation and Aerospace Development, Festus Keyamo, has warned contractors in the aviation sector not to deliver substandard work, emphasising that any contractor found to be doing so would be prosecuted. He disclosed this in Wednesday...

Foreign Education Allocation Crashes by 83% in 2024, Says CBN Data from the Central Bank of Nigeria’s first-quarter 2024 statistical bulletin, revealed that Nigerians spent $38.17m on foreign education between January and March 2024. The amount spent crashed by 83 per cent from $218.87m recorded in...

FG Charges IOCs to Comply with Gas Flare Directives The Federal Government has cautioned International Oil Companies operating in Nigeria to desist from disregarding gas flare directives of various regulatory agencies in Nigeria. It stated that though a few IOCs often complied with these directives, most...

The Central Bank of Nigeria (CBN) has expressed optimism about the Federal Government's recent measures to address the food supply deficit, which is expected to help curb inflation. 

President Nguema Seeks Dangote's Investments in Gabon for Job Creation, Economic Growth President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko Dangote to invest in Cement and Fertiliser production in Gabon. The President urged...