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Nigeria’s Agricultural Exports Up by 48% Amid Weak Naira in 2023

Nigeria's Agricultural Exports Up by 48% Amid Weak Naira in 2023 A BusinessDay analysis of the latest foreign trade in consumer goods report shows that Nigeria's agricultural exports surged by 48% in 2023 to N1.24 trillion compared to N598.16 billion in 2022. This increase was...

Nigeria Invests €48m to Boost Renewable Energy Programme, Says NESP

Nigeria Invests €48m to Boost Renewable Energy Programme, Says NESP The Component Lead, Enabling Environment Nigerian Energy Support Programme (NESP), Joshua Yari, revealedthat Nigeria has invested €48 million in the second phase of its energy support programme. Yari disclosed this at a one-day energy summit organised...

Reps Query N78.76bn MDAs Excess Salaries, Summons AGF

Reps Query N78.76bn MDAs Excess Salaries, Summons AGF The House of Representatives Committee on Public Accounts has summoned Accountant General of the Federation (AGF) over the audit query on the N78.761 billion extra-budgetary expenditures on salaries and wages paid in 2020 fiscal year. The audit query...

Transcorp Plc Revenue Rises 47% to N197bn in 2023 – Report

Transcorp Plc Revenue Rises 47% to N197bn in 2023 - Report Transnational Corporation (Transcorp) Plc has revealed that its revenue rose to N197 billion in the year ended December 31, 2023. According to the company's recent statement, this represents a 47.3 percent year-on-year increase from N134...

Investors Loss N24.8bn as Trading Falls

Investors Loss N24.8bn as Trading Falls Bears emerged in the domestic bourse as the market opened the week’s trading in the red region Tuesday with the Nigeria Exchange ( NGX) All-Share Index shed 4 basis points to close the day, reaching 104,518.14 points compared to...

Naira Strengthens At Official Market, Sells 1,262/$, Gains 1.23%

Naira Strengthens At Official Market, Sells 1,262/$, Gains 1.23% The Naira further gained at the official market, trading at N1,262.85 to a dollar. Data from the official trading platform of the FMDQ revealed that the Naira gained N15.73 on Wednesday. This represents a 1.23 per cent appreciation...