Category: Business

Jul 13
NSE: Market cap down by 0.35% as investors lose N70bn

The stock market was down by 0.35 percent on Monday as the equity capitalisation…

Jul 13
Is Africa’s financial system about to experience yet another major disruption? Here’s what we know

A major African brand operating within the mobility and logistics sector may be in…

Jul 13
Oil marketers begin conversion of 7,000 outlets to autogas stations with N250 billion loan

Petroleum product marketers have started the process of converting more than 7,000…

Jul 13
Dangote cement acquires 2,000 new vehicles for $150 million to boost distribution

Dangote Cement Plc has moved to boost the distribution of the company’s products…

Jul 13
Oil trades below $75 as market declines

Crude oil futures started the London session bearish today as concerns over slowing…

Jul 12
DMO announces subscription for three-year savings bond

The Debt Management Office (DMO) on behalf of the Federal Government has announced the…

Jul 12
FG rejects tax relief applications from Flutterwave, Flour Mill, 8 others

The Federal Government through the Nigerian Investment Promotion Commission (NIPC) has…

Jul 08
Nigeria to set oil benchmark at $57 for 2022 budget

The Federal Government will set a crude oil benchmark price of $57 per barrel at 1.88…

Jul 08
AfDB approves $50 million to FCMB for local, women-owned businesses in Nigeria

The Board of Directors of the African Development Bank (AfDB) have approved a loan of…

Jul 08
ECOWAS voices concerns over crypto volatility

The Economic Community of West African States (ECOWAS), has expressed concerns over…

Jul 06
JUST IN: Southern govs reject 3% equity shares for host communities in PIB, insist on 5%

Southern governors on Monday rejected the proposed 3 percent equity shares proposed…

Jul 06
Nigerian govt projects 4.2% GDP growth for 2022

The federal government has projected a rise to 4.2 percent of the country’s Gross…

Jul 06
Naira opens week bullish at the official market

The Naira opened the first trading day of the week strong to the U.S dollar on Monday…

Jul 06
FG reassures investors, insists on sale of 5 power plants

The Federal Government has insisted that the 5 National Integrated Power Plants…

Jul 06
CBN to increase development finance interventions to support start-ups and SMEs

The Central Bank of Nigeria (CBN) has said that it will increase its development…