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Dangote Sugar Refinery Leads Top Performers as Nigerian Stock Market Gains by 1.47%

Dangote Sugar Refinery Leads Top Performers as Nigerian Stock Market Gains by 1.47% The NGX closed at 67,527.19 points on Monday, up by 1.47% from 66,548.99 points recorded on the previous day's business. This is the highest level of gains since June 13, 2023, when the...

NAFDAC and SON, Because of God! By Leah Nickaf

NAFDAC and SON, Because of God!  By Leah Nickaf, It is worrisome that Nigerian markets are still flooded with uncertified, unregistered and harmful products, regularly used by teeming citizens, which are taking a heavy toll on the health and wellbeing of the populace. I am referring to...

Tinubu Appoints Yemi Cardoso as CBN Governor

Tinubu Appoints Yemi Cardoso as CBN Governor President Bola Ahmed Tinubu has appointed Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian...

Nigeria’s Inflation Hits 25.80% As Food Prices Rise – NBS

Nigeria’s Inflation Hits 25.80% As Food Prices Rise – NBS According to the Consumer Price Index (CPI) released by the National Bureau of Statistics (NBS), Nigeria’s inflation has jumped to 25.80% for August 2023. The latest figure is 1.72% points higher than the 24.08% reported in...

In Q1/2023, NNPC Retail Made N18.4 Billion – Mele Kyari

In Q1/2023, NNPC Retail Made N18.4 Billion – Mele Kyari The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari has said that NNPC Retail made N18.4 billion in the first quarter of 2023, after acquiring OVH Energy in 2022. Kyari said...

Air Peace Enhances Fleet With Five New Embraer E175s Worth $288.3m

Air Peace Enhances Fleet With Five New Embraer E175s Worth $288.3m Air Peace, Nigeria’s largest airline, has placed a firm order for five Embraer E175 aircraft worth $288.3 million. This strategic decision marks a significant step forward and is in alignment with Air Peace’s ongoing strategy...