Nigerian Exchange Limited, NGX

Financial Stocks Account for 41.7% of Total Turnover

Financial Stocks Account for 41.7% of Total Turnover The financial services industry dominated in volume terms at the end of last week’s transactions on the...
House of Representatives

N178bn Bad Debt: Reps Dismisses Allegation Against NPA

N178bn Bad Debt: Reps Dismisses Allegation Against NPA The House of Representatives has exonerated the Managing Director of the Nigerian Ports Authority, Mohammed Bello-Koko of...
House of Representatives

N178bn Bad Debt: Reps Dismisses Allegation Against NPA

N178bn Bad Debt: Reps Dismisses Allegation Against NPA The House of Representatives has exonerated the Managing Director of the Nigerian Ports Authority, Mohammed Bello-Koko of...
Adebayo Adelabu

EU To Invest €37m In Nigeria’s Power Sector

EU To Invest €37m In Nigeria’s Power Sector   The European Union (EU) is set to invest €37 million in the power sector in Nigeria, in...
Electricity

N47bn Debt: CBN, Aso Villa, DHQ Face Disconnection

N47bn Debt: CBN, Aso Villa, DHQ Face Disconnection   No fewer than 86 ministries, agencies and departments of government are owing the Abuja Electricity Distribution Company...

Edun, Cardoso Seek Increase In World Bank Support for Nigeria

Edun, Cardoso Seek Increase In World Bank Support for Nigeria Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has called...
cbn

Cedrus Group: CBN Reforms Will Yield Results In Q2

Cedrus Group: CBN Reforms Will Yield Results In Q2 On Thursday, the Chief Executive Officer of Cedrus Group Africa, Olubusayo Adeniyi, stated that the reforms...
Inflation Rise, Inflation

Rising Inflation Poses Risk To New Minimum Wage

Rising Inflation Poses Risk To New Minimum Wage President Bola Tinubu has set up a committee to decide on the new minimum wage for Nigerian...

NRC Generates N287m From Cargo Haulage In Three Months – NBS

NRC Generates N287m From Cargo Haulage In Three Months – NBS   The Nigerian Railway Corporation (NRC) earned N286.78m from cargo transported by rail in the...
Electricity

FG Spends Over N5trn To Cover Electricity Subsidy In 10 Years

FG Spends Over N5trn To Cover Electricity Subsidy In 10 Years   The federal government’s effort to subsidise electricity tariff for Nigerians has seen it cough...
NNPC Towers

NNPCL To Pay Taxes, Royalties From $3.3bn Afrexim Loan

NNPCL To Pay Taxes, Royalties From $3.3bn Afrexim Loan   The Nigerian National Petroleum Company Limited (NNPCL) on Sunday, said it would prepay future royalties and...
Central Bank of Nigeria, CBN

CBN Reveals Foreign Medical, School Bills Gulped $1.58bn In Six Months

CBN Reveals Foreign Medical, School Bills Gulped $1.58bn In Six Months   Nigerians spent $1.58bn on health tourism, foreign education, and other personal matters in six...
New Naira Notes, Naira Scarcity, Cash Crunch, Naira Redesign

 CBN Won’t be Allowed to Print Money – Budget Minister

 CBN Won't be Allowed to Print Money - Budget Minister Amidst revenue pressures facing the 2024 national budget, the Federal Government has indicated that it...
The National Assembly, NASS

NASS Raises Works Ministry Budget To Over N1trn

NASS Raises Works Ministry Budget To Over N1trn The National Assembly has raised budgetary allocation to the Ministry of Works from N657.3bn in the proposed...
President Bola Ahmed Tinubu Continental

‘Tinubu’s Trips Gulped N3.4bn in Six Months’

'Tinubu’s Trips Gulped N3.4bn in Six Months'   President Bola Tinubu has spent not less than N3.4bn on local and foreign travel within six months of...
Electricity

Military To Spend N5.8bn On Electricity Charges, Despite Payment Default

Military To Spend N5.8bn On Electricity Charges, Despite Payment Default   The three branches of armed forces have proposed to spend N5,817,782,952 in 2024 to pay...
EFCC banks

EFCC To Splash Out N1bn on Local Travels, N413m on Vehicles

EFCC To Splash Out N1bn on Local Travels, N413m on Vehicles The Economic and Financial Crimes Commission (EFCC) has planned to spend N1,055,633,61 billion on...
Central Bank of Nigeria, CBN

$2bn Debt: Airlines Get $62m As CBN Repays Banks

$2bn Debt: Airlines Get $62m As CBN Repays Banks The Central Bank of Nigeria (CBN) has paid $2bn to clear a part of its backlog...
Stacks of Dollar Bills, Dollar

Five States, FCT Attract $654.65m Foreign Investments

Five States, FCT Attract $654.65m Foreign Investments   Five states and the Federal Capital Territory, Abuja, attracted a total of $655.4 million as capital importation in...

Nigeria’s Capital Inflow Drops to $654.65m in Q3, Lowest in a Decade

Nigeria's Capital Inflow Drops to $654.65m in Q3, Lowest in a Decade By Zekeri Idakwo Nigeria's capital importation has significantly dropped in the third quarter of...
Latest News
Nigeria's Total Debt Rises N24.33tr as FG Borrowed N7.71tr In Q1 2024 – DMOAfter Bearish Trend, Equity Market Rebounds with N95bn GainFG to Install 90,000 km Terrestrial Fibre-optic Infrastructure, Says EdunCBN Shuts Down FX Price Verification Portal for Importers July 1FG to Conduct National Drug Use Survey to Combat Drugs, OthersNGF Assures Labour of Better Minimum Wage from Ongoing NegotiationsTinubu, Governors to Discuss Minimum Wage at NEC Meeting TodayDangote Refinery: Operators Warn of Crude Supply Crisis, Threat to InvestmentsOil Theft: NNPC Uncovers New165 Illegal Refineries in Niger Delta DMO: Exchange Rate Contributed To Nigeria’s Debt IncreaseCardoso Reaffirms CBN’s Commitment to Bank Recapitalization for Economic GrowthAfenifere: FG Should Reverse Suspension Of Heritage Bank LicenceNPA: Maritime Industry Revenue Has Grown From N361bn To N501bnNigeria's $2bn Fibre-Optic Project Will Revolutionize Connectivity Breaking: Dangote Refinery Experiences Fire Outbreak
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