Ministers, Firms to Account for Over $2.4bn Oil Sale - Reps
The House of Representatives’ will on April 11, 2023, grill ministers and other heads of ministries, departments and agencies of the Federal Government as well as oil companies and banks over the alleged illegal...
Stock Market Capitalisation Falls by N622bn
At the close of trading on Monday, investors lost N622bn due to sell-offs of some telecoms and banking stocks.
The market which opened with the All-Share Index at 54,892.53 lost 2.08 per cent to close 53, at 750.77. The market capitalisation...
Credit To Private Sector Increase By N212bn In February
The Central Bank of Nigeria (CBN) has disclosed that credit to private sector increased by N212 billion or 0.51 per cent Month-on-Month (MoM) in February to N41.75 trillion as against N41.54 trillion reported in January 2023.
The...
Airfares Rise As Foreign Airlines Hike Exchange Rate
International airfares on Nigerian routes have gone up further by over 20 per cent after foreign airlines raised the exchange rate for ticket sale from N462 per dollar to N551 per dollar.
International travellers on Nigerian routes have...
Gombe Retains Top Position As Easiest State For Business - PEBEC
The Presidential Enabling Business Environment Council (PEBEC) has released the second edition of the Subnational Ease of Doing Business Report for 2023, which once again places Gombe ahead of the 36 states and the...
In One Week, Stock Investors Record N13bn Loss
The Nigerian Exchange Limited closed lower last week as investors took stock of the hike in the Monetary Policy Rate by the Monetary Policy Committee of the Central Bank of Nigeria and continued with their profit-taking.
At the...
