Aliko Dangote, chairman of Dangote Industries Limited, announced the company’s decision to halt plans to enter Nigeria’s steel industry. The decision comes just two months after...
In June 2024, the FMDQ Securities Exchange reported a 30.47% decline in the fixed-income market turnover from the previous month. Despite this downturn, bond trading showed...
Nigeria pumped 236.2 million barrels of crude oil in the first half of 2024, according to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). This figure represents...
The Central Bank of Nigeria (CBN) has resumed the sale of foreign exchange to eligible Bureau De Change (BDC) operators. The decision was after Naira dipped...
Nigerian air travelers are reeling from a dramatic increase in domestic airfares with prices skyrocketing by 150% over the past year. This surge has forced many...
In its usual creative conjecture, 13O-year-old FirstBank, has hit the airwaves and other media outlets with various visuals to articulate its new campaign ‘The Giant in...
Jaiz Bank has announced a 20% increase in its chairman’s annual income to N24 million. This decision was unveiled in a recent statement filed with the...
The Nigerian Exchange Limited (NGX) recovered on Thursday amid the surge in strong investor demand for small and mid-cap stocks. The market capitalisation rose by N263...
Oil prices remained stable on Thursday as investors navigated conflicting signals regarding crude demand. Brent crude oil, against which Nigerian oil is priced, settled at $85.11...
President Bola Tinubu has approved a new minimum wage of N70,000. This decision follows a meeting with the leadership of the Nigeria Labour Congress (NLC) and...