News

According to the International Monetary Fund (IMF), the global economy will have a tougher year this year, with one-third of the world expected to enter a recession. Ms Kristalina Georgieva,...

Cardinalstone Securities Limited and nine other stockbroker firms were responsible for 66.02 per cent of value of transactions on the trading floor of the Nigerian Exchange Limited (NGX) in 2022....

The World Bank has projected that interest payments on the Federal Government’s borrowing from the Central Bank of Nigeria will gulp about 62 per cent of government revenue by 2027...

Six million meters are to be deployed nationwide in the first and second quarters of this year to reduce the number of unmetered electricity consumers in Nigeria, the Federal Government...

Food and beverage imports for households rose by 71.12 per cent between the third quarter of 2018 and the corresponding quarter of 2022 despite the foreign exchange crisis in the...

Oil marketers on Sunday said the Federal Government should evacuate and dispense the products currently trapped in the depots which were shut down recently by the Nigerian Midstream and Downstream...

Spending on electronic bills such as power, PayTV, and other utilities rose by N576.41bn year-on-year, according to data from the Nigeria Inter-Bank Settlement System. The data disclosed that N2.63tn was spent...

No fewer than eight oil-producing communities in Rivers State, have raised the alarm over alleged neglect of their communities despite their contribution to the national economy and the 13 per...

The Nigerian Association of Small and Medium Enterprises has said that the influx of foreign products is weighing heavily on locally produced goods. NASME South-West region Chairman, Solomon Aderoju, told The...

Despite rising inflation and interest rate hikes, the nation's equity market finished 2022 on a high note, with the NGX All-Share Index increasing by 19.98% to close the year's final...