Nigeria’s Stock Market Hits 13-Year High
The Nigerian Exchange Limited (NGX) opened the holiday- shortened week to extend gains from last week as the All-Share Index crossed the 50,000 basis points psychological mark, the highest
The Nigerian Exchange Limited (NGX) opened the holiday- shortened week to extend gains from last week as the All-Share Index crossed the 50,000 basis points psychological mark, the highest
The Nigerian Communications Commission (NCC) has confirmed the issuance of final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and Mafab Communications, winners of the 3.5
As the 2020 marginal oil field awardees currently struggle to raise fund to commence the development of their respective assets and eventually hit first oil production, some industry experts have
Nigeria’s Minister of Information, Alhaji Lai Mohammed, has said the Lekki Deep Sea Port when completed would make Nigeria regain the maritime business that it lost to ports in Togo,
The few small-scale refineries operating in Nigeria are facing a huge challenge of crude oil supply, as the Nigerian National Petroleum Company (NNPC) Limited continues to focus on exporting the
AFEX, Nigeria’s commodities market player and the country’s first private sector commodities exchange, has been listed on the Financial Times (FT) ranking of Africa’s Fastest-Growing Companies in Agriculture Commodities category
Nigeria bought emergency supplies of Canadian potash in April after the country was unable to import the key fertiliser ingredient from Russia due to the impact of Western sanctions, the
Nigeria, Libya and a handful of African countries again hobbled the projected oil production plan by the Organisation of Petroleum Exporting Countries (OPEC) in April, failing to meet the
The International Monetary Fund (IMF) has warned that debt vulnerabilities remains elevated in Sub-Saharan Africa, with no fewer than 20 countries in the region either at high risk of
Deposit money banks (DMBs and merchant banks borrowing from the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF) dropped year-on-year (YoY) by 66 per cent to N1.49 trillion in
A new report by Renaissance Capital (RenCap), a frontier market investment company, has stated that despite crude oil prices at over $100 per barrel, the impact on Nigeria’s fiscal position
The stock market segment of the Nigerian Exchange Limited (NGX) has gained N4.46 trillion in its year-to-date (YtD) performance, outperforming the Egyptian Exchange, the Johannesburg Stock Exchange, the Ghana Stock
Clearing agents under the aegis of the National Council of Managing Director of Licensed Customs Agents (NCMDLCA), have told President Muhammadu Buhari that there is no provision for the National
Flour Mills of Nigeria Plc (FMN) has announced that it has completed the acquisition of a 71.69 per cent stake in Honeywell Flour Mills Plc (HFMP). The company, which made
India said on Saturday it had seized $725 million from the local bank accounts of China’s Xiaomi Corp (1810.HK) after a probe found the smartphone maker had made illegal remittances
Magnus Onyibe, a Public Policy Analyst and Author of the book, “BECOMING PRESIDENT OF NIGERIA: A CITIZENS GUIDE”, joins ARISE News to discuss what it entails to lead the most
The International Monetary Fund (IMF) on Thursday maintained that prolonged payment of petrol subsidy in Nigeria was affecting the country’s fiscal balance despite revenue increase from rise in global oil
TotalEnergies SE will put up for sale its minority stake in a Nigerian oil joint venture, joining the exodus of supermajors from onshore fields in Africa’s largest crude producer. The
Nigeria’s federal government Thursday stated that Nigeria’s 206 Trillion Cubic Feet (TCF) of gas is now valued at $803.4 trillion. But this was despite its inability to meet both local
The Nigerian National Petroleum Company (NNPC) once more failed to remit any money to the federation account, a joint pool operated by the federal, state and local governments in the
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