Nigeria’s annual upstream CAPEX plummets to $6bn- NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says the country’s total annual upstream capital expenditure has decreased from 27 billion...
Business
Enugu Govt attracts N26b investment through transport, says Commissioner
The Enugu State Commissioner for Transport, Obi Ozor, has said the state attracted investment worth ₦26 billion from foreign and...
39th Omolayole Lecture: NIM seeks measures out of FX challenges
The Nigerian Institute of Management Chartered (NIM) says a more holistic and proactive approach is critical to addressing Nigeria’s foreign...
Nigeria postal service yields N3.01bn in 2022
The total revenue generated from postal activities in 2022 dropped from N3.63 billion in 2021 to N3.01 billion in 2022,...
FG earned N193.59bn from solid minerals in 2021 – NEITI
The Federal Government generated N193.59 billion from the solid minerals sector in 2021. The sector also contributed N814.59 billion between...
eNaira adoption: Experts champion new policies for mass sensitisation
in separate interviews that a lot needed to be done to encourage the financially-excluded to adopt the eNaira, which was...
Moniepoint announces N10m incentivising tool to deepen financial inclusion
Moniepoint Microfinance Bank on Thursday announced a N10 million grand prize incentive tool and a weekly N2000 win for its...
Stocks: Investors earn N510bn as market hits 15-year high
The Nigerian capital market on Tuesday gaind by N510 billion, closing at N39.69 trillion from N36.21 trillion recorded on Monday....
Mbah woos investors with economic opportunities
Governor of Enugu State, Dr Peter Mbah, has urged local and international investment community to explore investment opportunities in Enugu...
Unclaimed dividends in capital market hits N190bn — SEC
The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at...
Naira gains 0.22 per cent at investors, exporters window
The naira appreciated against the dollar on Thursday as it exchanged at N771.69 at the Investors and Exporters window. The...
Nigeria records $2.5bn non-oil exports revenue in 6 months – NEPC
The Nigerian Export Promotion Council (NEPC) says the country generated 2.5 billion dollars from January to June from non-oil exports....
Nigeria’s inflation rate hits 24.08% in July – NBS
The National Bureau of Statistics (NBS) said Nigeria’s headline inflation rate increased to 24.08 per cent in July 2023. The...
CBN to take steps to save forex market
The Central Bank of Nigeria (CBN) will soon come up with stringent measures to stabilise multiple exchange rate in the...
Dollar index decreases by 1.6% in July – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has said the U.S. dollar index decreased by 1.6 per cent month-on-month...
DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office, on behalf of the Federal Government of Nigeria (FGN), has offered for subscription four FGN bonds for...
DMO offers 2 new FGN savings bonds for subscription
The Debt Management Office (DMO) on Monday announced an offer of two fresh Federal Government of Nigeria (FGN) Savings Bonds...
Air Peace administers 1st flight service to Antigua and Barbuda
Air Peace says it is the first Nigerian airline to operate a nonstop, direct flight to Antigua and Barbuda in...
Heritage bank reassures customers as concern mounts
Amidst concerns by bank customers about the financial state of Heritage Bank, one of Nigeria’s Deposit Money Banks (DMBs), the...
Naira appreciates, trades at N756.94 at investors, exporters’ window
The Naira on Monday appreciated against the dollar, exchanging at N756.94 at the Investors and Exporters window. The local currency...
