Transactions On NGX Gain Traction, Rise To N1.04trn In 5 Months   Amid the price appreciation and bullish sentiments, the total transactions performed by investors on the floor of the Nigerian Exchange Limited (NGX) has so far risen to N1.04 trillion in the first five months...

Lack Of License, Foreign Exchange, Others Hinder Fuel Importation   Barely a month after deregulation, operators in the downstream sector have not been able to import petrol into Nigeria, due mainly to a lack of license and foreign exchange. Checks during weekend, indicated that many oil marketers...

Economic Zones Attracted $364.6m FDIs In Four Years - NEPZA   The Managing Director/Chief Executive, Nigeria Export Processing Zones Authority (NEPZA), Prof. Adesoji Adesugba, has disclosed that the country attracted $364.6 million in Foreign Direct Investments (FDIs) between 2020 and the first quarter of the year...

Ministerial Slots: Arewa Economic Forum Urges Tinubu to Prioritise Merits over Old Politicians Arewa Economic Forum (AEC) has urged President Bola Ahmed Tinubu to prioritize merits and pedigrees in the appointments of ministers, advisers, and heads of various agencies and not old politicians and political...

FG Issues 50 New Power Generation, Metering Licences   The Federal Government in the last quarter of last year issued 50 new power generation and metering permits. A report by the Nigerian Electricity Regulatory Commission (NERC) stated that it approved the issuance of two new generation licences...

Lack of Capital, Others Cause 80% of SMEs Die Under Five Years — Report   About 80 per cent of Small and Medium Enterprises fail before their fifth anniversary due to harsh economic environments, lack of access to capital, and poor business practices, which have stunted...