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Finance & Economy
Naira appreciates as foreign reserves hit 13-month high
The naira reclaimed part of losses sustained over the weeks as foreign exchange liquidity pressures reduced over the weekend, with…
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Finance & Economy
Foreign investments in manufacturing sector drop by 54% — NBS
Foreign investments in Nigeria’s manufacturing sector fell by $326m (54 per cent) to $279.5m in the third quarter of 2023…
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News
Investors Lost N8.62bn as NGXASI Declined by 0.02%; BDC Rate Depreciated to N1,520/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The Nigeria stock market kicks off the trading week on a downward trend, continuing the…
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News
NGX’s Recent Technical Suspensions: The Issues, The Companies and The Call for Action
The Nigerian Exchange Limited (NGX) announced today, July 08, 2024, the technical suspension of trading in shares of eight entities,…
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News
NNPC blames fuel queues on thunderstorm, assures of improved supply
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the fuel queues in the FCT and parts of the country…
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News
FG links Agbara industrial hub to national grid
In the quest to enhance power infrastructure for manufacturers and business owners in Nigeria, the Federal Government has announced that the…
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News
FG urged to restore 40% import fees on LPG cylinders
Group Managing Director of Techno Oil Limited, Nkechi Obi, has called on the Federal Government to restore the 40 percent…
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News
CAC extends registration deadline for POS operators to September 5
The Corporate Affairs Commission (CAC) hasextended the registration deadline for point of sales (POS) operators to September 5. The CAC…
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News
FG exempts GenCos, DisCos, others from withholding tax
The federal government has categorised all electricity companies, including the Generation and Distribution Companies (GenCos and DisCos), as those exempted…
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Finance & Economy
Glitch: fintech giant OPay gets court order to restrict customer accounts
Chinese-backed fintech giant OPay has received approval from a Federal High Court in Lagos to freeze customer bank accounts in…
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