The price of liquefied petroleum gas (LPG), commonly known as cooking gas, has experienced a remarkable drop in Nigeria. This reduction comes as a direct consequence...
Despite ongoing complaints about inadequate electricity supply from consumers and mounting concerns over outstanding debts owed to power generation companies, Nigeria’s power distribution companies (Discos) have...
The ambitious plans for constructing modular refineries across Nigeria, aimed at bolstering domestic refining capabilities, are encountering significant roadblocks due to apprehensions surrounding crude oil supply...
The Nigerian government announced plans to borrow an additional N7.24 trillion in 2024 to finance an ambitious intervention plan aimed at reviving the nation’s economy. This...
Oil prices experienced an upward trend on Thursday, driven by growing expectations that the U.S. Federal Reserve might cut interest rates in September. This optimism, however,...
The Nigerian equities market rebounded with a 0.24 percent gain on Wednesday following two consecutive losses recorded earlier in the week. The Nigerian Exchange Limited (NGX)...
Turkish Airlines is venturing into the manufacturing of aircraft components, including seats and engine parts. This initiative aims to leverage the airline’s substantial order book of...
Goldman Sachs Group Inc.’s trading desk has projected a significant surge in the equity market in early July, driven by a substantial influx of passive cash...
The black market, also known as the parallel market or Aboki fx, US dollar to Nigerian Naira exchange rate as of June 6th, 2024 stood at...
Fidelity Bank Plc (“Fidelity Bank” or the “Bank”) has concluded all necessary arrangements to raise a total of up to ₦127,100,000,000.00 (One Hundred Twenty-Seven Billion, One Hundred...