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Finance & Economy
Rising Domestic Debt Service Stirs Stakeholder Concern
The Federal Government of Nigeria’s (FGN) public debt profile has continued to shoot upward as its domestic debt service increased…
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Finance & Economy
US banks suffer steeper losses, but retain large cushions in annual Fed health check
– The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve’s annual…
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News
Minimum Wage: Governors’ emergency meeting kicks off in Abuja
An emergency meeting of governors of the 36 states of the federation has kicked off in Abuja. The meeting is…
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News
NGX Group Launches Digital Web Application (NGX Invest) for Public Offers and Rights Issues
Nigerian Exchange Group Plc (NGX) announced the launch of NGX Invest, a cutting-edge web application designed to transform the primary market…
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News
Investors Gained N94.95bn as NGXASI Advanced by 0.17%; BDC Rate Depreciated to N1,488/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities The domestic market recouped parts of its three-session decline on renewed buying interests in FBNH (+2.99%), ZENITH (+1.42%), FLOURMILL (+1.18%), DANGSUGAR…
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News
Naira Abuse: Import of Court Judgment on Cubana Chief Priest
Consequent on the judgment of Justice Kehinde Ogundare of the Federal High Court sitting in Lagos on the terms of…
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News
Recapitalisation: SEC to slam N1.1m fine on non-compliant financial institutions
In an effort to enforce capital adequacy standards and protect investors, the Securities and Exchange Commission (SEC) announced a N1.1…
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News
IOCs frustrating our refinery’s effort to buy crude locally — Dangote
Mr Devakumar Edwin, the Vice President of Dangote Oil and Gas Industries, has accused International Oil Companies (IOCs) in Nigeria…
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News
Former Konga CEO, Nick Imudia takes his own life.
This is the sad tale of how Nick Imudia, a former Chief Executive Officer (CEO), of Konga, one of Nigeria’s…
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News
Abuja Land Racket: EFCC Arraigns Two for Forgery
The Economic and Financial Crimes Commission, EFCC, on Wednesday, June 26, 2024, arraigned the duo of Zahradeen Muhammed Bello and…
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