The aggregate market capitalisation of stocks worth over one trillion (SWOOT) increased by 0.86 percent to N15.70 trillion, a gain of N134.45 billion, from N15.57 trillion the previous week. AIRTELAFRICA, ...
By Segun Adeyanju Elin Air has set a new benchmark for African aviation after completing a 7,800 landings check for a Bombardier Challenger CL604 entirely in Nigeria, the first time ...
The Nigerian naira recorded mixed performance across markets on Tuesday, sliding to ₦1,585 per dollar in the parallel market, down from ₦1,570 per dollar just a day earlier. Conversely, the ...
Petrol prices in Nigeria have surged to as high as ₦955 per litre, as both the Nigerian National Petroleum Company Limited (NNPCL) and independent marketers increased pump prices across the ...
Adaora Umeoji, the recently hired CEO of Zenith firm, has invested a whopping N3.3 billion to purchase 68.8 million extra shares of the firm, a move that shows more than ...
The Nigerian government is expected to lose US$4 million from a World Bank credit after failing to meet auditing standards for revenue reforms involving the Federal Inland Revenue Service and ...
Aliko Dangote, President of Dangote Group and the driving force behind the Dangote Petroleum Refinery, has revealed plans for a sweeping transformation of Nigeria’s downstream oil sector. Following President Bola ...
Nigeria’s Minister of Budget and Economic Planning, Senator Atiku Bagudu, said that while Nigerians are feeling short-term pain, the economy is growing and showing promising signs of sustained recovery thanks ...
Nigeria’s foreign exchange inflows from diaspora remittances may be at risk as the United States moves closer to implementing a controversial remittance tax targeting non-citizens. A provision within the “One ...
As of June 5, 2025, the Nigerian naira experienced a significant appreciation against the U.S. dollar in both official and parallel markets, coinciding with the Eid al-Adha festivities. Official Market: ...
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