Business

Nigerian Stock Market Surges, Gains N1.6 Trillion In One Day

The Banking Index gained 8.2 per cent just as the Insurance Index rose by 6.4 per cent.

1 year ago

I Leave Behind A Team of Soldiers Who Work Daily To Enthrone Fair Markets, Says Former FCCPC CEO Babatunde Irukera

A recent and noteworthy achievement was the imposition of a $110m penalty on British American Tobacco Nigeria, for the violation…

1 year ago

Tinubu’s Securitisation Of N7.3tn Debt Owed CBN Illegal, Says Peter Obi

He lamented that in seven years, CBN lending to the Buhari government had climbed 2700% in flagrant violation of the…

1 year ago

Dangote Refinery Gears Up For Production After Receiving Six Million Barrels of Crude From NNPC

The Dangote Group announced the delivery of the last batch of crude supply in a statement on Monday.

1 year ago

Tinubu Moves To ‘Reposition Critical Government Agencies,’ Sacks BPE’s Okoh, FCCPC’s Irukera

The two sacked Chief Executives are directed to hand over to the next most senior officer in their respective agencies.

1 year ago

Nigeria’s Electricity Regulator Sacks Kaduna Disco’s Board Over Failure To Settle N110bn Debt

The body appointed Hashidu to temporarily oversee KAEDC pending its sale.

1 year ago

Boeing Shares Fall 8% After FAA Grounds Max 9 Aircraft

Airbus Airlines, Boeing’s competitors, had their shares go up by 1% on Monday.

1 year ago

UN Says Nigeria’s Ballooning Public Debt, Inflation, Rising Living Cost Risks To 2024 Growth Prospects

The report also predicted the Nigeria’s GDP growth at 3.1% this year

1 year ago

CBN Pays $2.062bn Additional FX Forwards With Banks, Disburses $61.64m To Foreign Airlines

Nigeria’s stock market outperformed global peers in first trading week of 2024 with N2.68tn returns.

1 year ago

Nigeria Grants Air Peace,  Max Air, FlyNas Exclusive Approval For 2024 Hajj Operations

"The approval reinforces the government’s commitment to ensuring a seamless and secure pilgrimage experience for intending pilgrims."

1 year ago