Business News

The Federal Government has identified about $23 billion in investment opportunities in Nigeria for projects that are directly related to the country’s Energy Transition Plan, the Minister of Power, Adebayo...

The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on Monday. On Friday, the turnover of dollars in the official...

Federal Government owned power firm, the Niger Delta Power Holding Company has said that the Central Bank of Nigeria, the Nigerian Bulk Electricity Trading Plc, and the Nigerian Electricity Liability...

In the recent dynamics of the Nigerian Autonomous Foreign Exchange Market (NAFEM), a significant devaluation of the naira by 22.1% has been observed, bringing the exchange rate to N996.75/$. This...

1. Portfolio reshuffling trail bullish stock market Positive sentiment and portfolio reshuffling pervaded the Nigerian stock market last week fueled by recent developments in the foreign exchange, FX, landscape amidst...

The richest man in Africa, Aliko Dangote, has announced that his refinery would soon start processing gasoline after obtaining a licence to refine over 300,000 barrels of Nigerian crude oil...

The Group Chairman of the Nigerian Exchange Group (NGX), Dr. Umaru Kwairanga, has revealed plans for a potential dual listing with the Saudi Exchange. Speaking at the Saudi-Africa summit in...

Dangote Group’s Executive Director, Commercial Operations, Hajia Fatima Aliko-Dangote, has reiterated the company’s determination to eradicate the high youth unemployment in the country. Aliko-Dangote, who made this disclosure at the...

Investors in the cement manufacturing companies listed on the Nigerian Exchange Limited have had their wealth increased by about N715.89bn in the third quarter of the year. This was contained...

KPMG forecasts that Nigeria’s headline inflation will rise to 30 percent by December 2023, attributing the anticipated increase to recent reforms, such as fuel subsidy removal, and the unification of...