Nigeria could double investment flowing into its energy sector within the next five years as global supply disruptions increase demand...
Dangote Petroleum Refinery could open its long-awaited initial public offering within the next 10 to 12 days as billionaire industrialist...
Exchange-traded funds (ETFs) extended their positive momentum on the Nigerian Exchange (NGX) on Thursday as NEWGOLD ETF and SIAMLETF40 recorded...
The insurance sector’s recent rally lost momentum on the Nigerian Exchange (NGX) on Thursday as Sovereign Trust Insurance Plc retreated...
UBA Plc emerged as the Nigerian Exchange’s (NGX) most actively traded stock on Thursday, displacing Access Holdings Plc after investors...
Seplat Energy Plc spearheaded Thursday’s advance on the Nigerian Exchange (NGX) after investors drove the stock to its 10 percent...
The Dollar to Naira exchange rate in Nigeria’s black market, also known as the parallel market, remained relatively stable on...
President Bola Tinubu’s economic reforms are strengthening investor confidence and creating conditions for large-scale industrial investments in Nigeria, according to...
Wall Street stocks rebounded on Wednesday, snapping a three-day losing streak as investors returned to equities despite elevated oil prices...
Nigeria’s 36 states and the Federal Capital Territory (FCT) generated a combined ₦3.63 trillion as Internally Generated Revenue (IGR) in 2024, representing a 49.7 percent increase...
Nigeria’s rail transport sector recorded an improvement in operational performance in the first quarter (Q1) of 2025 as strong growth in passenger traffic, cargo volume and...
The price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has surged to as high as ₦2,500 per kilogramme across parts of Lagos and...
The World Bank has warned that 23 African countries are currently in or at high risk of debt distress as governments across the continent struggle to...
The World Bank has warned that Africa’s labour force is set to almost double by 2050, a development that will mount unprecedented pressure on governments to...
What Is Capital Gains Tax? Capital Gains Tax (CGT) is a levy imposed on the profit made from selling or transferring an asset that has appreciated...
Nigeria has increased the capital gains tax (CGT) on foreign investors trading in its equities market from 10 percent to 30 percent, a policy shift expected...
Nigeria is expected to receive $500 million from the African Development Bank (AfDB) before the end of this year as part of a $1 billion budget...
Nigeria’s power sector revenue is projected to reach ₦2.4 trillion by the end of 2025, following significant tariff adjustments and ongoing reforms aimed at restoring liquidity...
The Federal Government is in advanced talks with China’s Export-Import Bank to secure a $2 billion loan to fund the construction of a new national super...
