The National Bureau of Statistics (NBS) has released a sobering report on the country’s public debt, revealing that each Nigerian citizen now carries a heavy financial...
The Nigerian stock market experienced a downturn on Friday as the local bourse closed negatively by 0.11% week-on-week, causing investors to lose N39 billion. This drop...
Expectations soared when oil marketers championed the removal of fuel subsidies and deregulation of Nigeria’s downstream sector. However, months after the removal of subsidies and deregulation,...
The Nigerian economy is facing growing uncertainty as the Central Bank of Nigeria (CBN) has yet to fulfill its promise of clearing over $10 billion in...
The Cement Producers Association of Nigeria has issued a stern warning that the Federal Government’s ambitious plan to introduce concrete roads could lead to a significant...
Conoil Plc announced its intention to pay N1.73 billion in divided to its shareholders for the 2022 financial year. This translates to N2.50 per share. The...
Mixin Network, a prominent decentralized wallet service provider, has been rocked by a massive security breach resulting in a loss of $200 million. The breach, attributed...
Residents of Ogbaru in Anambra State are feeling the pinch of skyrocketing cooking gas prices with a 1kg cylinder now costing a staggering ₦900, leaving many...
The Federal Government has awarded the construction of the Lagos-Calabar Coastal Highway to Hitech Road Construction Company, signifying a monumental step towards enhanced connectivity and economic...
Oil markets are maintaining their steady course as hedge funds double down on their bets that tightening supplies will reignite the recent rally, despite a slight...