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Business
Manufacturers’ pain worsens on impasse with foreign suppliers
“The banks have a lot of backlogs of Letter of Credit , LCs which has made international exporters and investors…
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Finance & Economy
Q3 2023 NCM Report: Market Maintains Positive Posture as NGXASI Grows by 8.88%, NASD NSI by 8.46% and Mutual Funds NAV by 35.22% in Q3
Q3 2023 Nigerian Capital Market Service Report Equities Market Performance Review Nigerian Equities Market closed the month of July 2023…
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Finance & Economy
Rising Inflation in Nigeria: A Woe or Mere Numbers?
Nigeria’s Inflation Rate Nigeria’s inflation rate has maintained an upward trend, reaching 26.72% in September 2023, the highest rate since…
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Finance & Economy
25 states, FCT enact Contributory Pension Scheme law
No fewer than 25 states and the Federal Capital Territory (FCT) have enacted laws on the implementation of the Contributory…
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News
OPEC plans no immediate action after Iran urges Israel oil embargo, sources say
– OPEC is not planning to hold an extraordinary meeting or take any immediate action after Iran’s foreign minister called…
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Finance & Economy
CBN to Penalize Any Bank With MICR Reject Effective 18th November 2023
The Central Bank of Nigeria issued the Nigerian Cheque Standards (NCS) and Nigeria Cheque Printers Accreditation Scheme (NICPAS), version 2.0…
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News
FG Paid N135.23bn for Electricity Subsidy in Q2 2023
The Federal Government in Q2 2023, paid a total of ₦135.23bn for electricity subsidy, a 275%q/q increase from ₦36.02 billion…
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Finance & Economy
Tinubu will adhere to statutory limits of Ways and Means – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has stated that President Tinubu will adhere…
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Leaders
Abdulsamad Rabiu rejoins Dangote on Bloomberg’s World’s richest list as BUA Cement hits record high
Abdulsamad Rabiu re-joins Bloomberg’s elite list after recent increases in the valuations of his top companies. The Bloomberg Billionaires Index…
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Leaders
2023 State of States Report: Rivers State Tops Fiscal Performance Ranking Again, Anambra Joins Lagos, Kaduna, and Ebonyi in Top 5
BudgIT, a prime civic-tech organization leading the advocacy for fiscal transparency and accountability in Nigeria, has launched the 2023 edition…
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