NGX: Stakeholders To Receive N491m Maiden Dividend   Shareholders of Nigerian Exchange Group (NGX Group) will receive N491 million as interim cash dividend, the first payout to be made by the group after it transited to a profit-making entity. The Board of Directors of NGX Group, after...

MAN Tasks Exporters On AfCFTA As Nigeria's Absence Sparks Reaction   The Manufacturers Association of Nigeria Export Promotion Group (MANEG), a subgroup of the Manufacturers Association of Nigeria (MAN), has urged exporters in the country to fully participate in the African Continental Free Trade Agreement (AfCFTA)...

FCCPC to Clampdown on Trade Associations Over Price Fixing, Cartel Practices The Federal Competition and Consumer Protection Commission (FCCPC) says it will soon commence enforcement of laws against trade associations engaging in price fixing and cartel-like practices across the country. According to the Commission, this move...

NECA Warns FG Over 25% Projected Inflation Rise by Q4'23 The Nigeria Employers Consultative Association has warned that the continuous rising of inflation, if not controlled can hit 25 per cent before the end of the years 2023. In a statement on Wednesday, the Director-General of...

Net Forex Inflow Drops 2% to $7.28bn Q1’23 - Report Net foreign exchange (forex) inflow into the economy fell year-on-year (YoY) by 2.4 percent to $7.28 billion in the first quarter of the year (Q1’23) from $7.46 billion in Q1’22 reflecting challenges in the external...

Fuel subsidy: Tinubu Begs NLC to Shelve August 2 Nationwide Strike The federal government has appealed to the Nigeria Labour Congress, NLC, yesterday to shelve its planned strike scheduled to start next Wednesday, saying it was doing everything possible to address issues raised by the...