Manufacturing Sector Expands in February The Nigerian manufacturing sector sustained expansion in February for the twenty-third consecutive month, the Central Bank of Nigeria reported on Wednesday....
Uncertain Fiscal Policies: FDI Inflow To Remain Low Since Nigeria ordered International Oil Companies (IOC) to pay US$20 billion in back taxes last month, analysts home...
NSE Loses N258bn Post-Presidential Election The Nigerian Stock Exchange market lost a total of N258 billion in the week following the nation’s presidential election. The All-Share...
Ebola Outbreak: DR Congo Gets $80m from World Bank The Democratic Republic of Congo has received $80 million in grants from the World Bank The latest...
MTN Shares Drop to 5 Month Low MTN Group, African Telecommunication giant, suffers substantial sell-off after expected financial results came out below analysts’ projections. The company...
Nigeria Generates N5.54trn Oil Revenue in 2018 Nigeria generated N5.54 trillion from oil revenue in 2018, according to the Central Bank of Nigeria. The figure published...
Skye Bank Chairman Tunde Ayeni Took N17.5bn Cash in One Year The Economic and Financial Crimes Commission has accused, Mr Tunde Ayeni, the chairman of the...
Tesla’s Model 3 to Sell for $35,000 Elon Musk, CEO of Tesla Inc, announced on Thursday that Model 3 electric car will now sell for $35,000...
Oil Sector: Source of Illicit Financial Flows The Nigeria Extractive Industries Transparency Initiative and Trust Africa have revealed that Nigerian business operators in the oil and...
Power Generation Once Again Plunged to 3,456MW Nigeria’s unstable power generation continued to fluctuate in February. Power generation plunged from 4,564.60MW on February 19 to 3,456MW...