News
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Tinubu writes National Assembly, requests N6.2trn addition to 2024 budget
President Tinubu also requested that the Finance Act 2023 be amended to impose and charge windfall tax on banks and…
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Oil Production: National Assembly Pledges Support to NNPC Ltd
..The National Assembly has thrown its weight behind NNPC Limited’s ongoing efforts to boost Nigeria’s crude oil production and grow…
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Lagos state signs deal with CIG Motors to acquire 5000 new vehicles for LAGRIDE
The Lagos state Governor, Mr. Babajide Sanwo-Olu on Monday, oversaw the signing of a new joint venture partnership between the…
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IMF Slashes Nigeria’s Economic Growth Forecast To 3.1%
The International Monetary Fund (IMF) has cut its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent. The…
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Investors Gained N62.03bn as NGXASI Advanced by 0.11%; BDC Rate Depreciated to N1,565/USD
1. EQUITIES MARKET 1.1 NGX – Listed Equities On Tuesday, the Nigerian equities market closed on a bullish note, surpassing the…
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Electricity Tariffs, Rising Costs, and Household Reality: A Playbook Unchanged
Nigeria’s rising electricity tariffs are tearing giant holes in consumers’ pockets and putting pressure on manufacturers’ operating costs, leading to…
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Nigeria’s Oil Production Rises 16.7m Barrels in H1 Amid Demand for Additional Output
Nigeria’s crude oil production increased by 16.7 million barrels in the first six months of 2024, compared to the same…
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Federal, State, Local Gov’ts Share N1.354trn Revenue For July
A total of N1.354 trillion in revenue from the June 2024 federation account has been allocated to the federal government,…
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Federal, State, Local Gov’ts Share N1.354trn Revenue For July
A total of N1.354 trillion in revenue from the June 2024 federation account has been allocated to the federal government,…
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$1trn Economy: Public Sector Firms Get Corporate Governance Code
As part of efforts to achieve the $1 trillion economy for Nigeria, the Financial Reporting Council (FRC), the Ministry of…
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