FG, states, LGs share N1.65trn revenue
The Federation Account Allocation Committee (FAAC) has shared N1.659 trillion, being May 2025 revenue among the Federal Government, States and...
Naira dips after sallah, democracy breaks
The Naira ended the trading week on a bearish note Friday, closing at N1,549.35 to the U.S. Dollar at the...
Stock market gains N486bn in three days
The stock market ended the week on a positive note on Friday, recording a gain of N486 billion. The market...
Aliko Dangote to retire as Board Chairman June 16
Dangote Sugar Refinery Plc (DSR) has announced that its Chairman, Alhaji Aliko Dangote, will retire from the Board effective June...
FG offers two savings bonds for subscription at N1,000 per unit
The Debt Management Office (DMO), on behalf of the Fededal Government, has offered two FGN Savings Bonds for subscription at...
Naira holds steady at N1,586.15 against Dollar
The Naira remained unchanged on Friday, closing the week at N1,586.15 to the Dollar at the official foreign exchange market....
NPA, Dangote to deepen maritime industry growth, expand export operations
Nigerian Ports Authority (NPA) and Dangote Industries Ltd. (DIL) have collaborated on developing the Marine and Blue Economy sector, with...
Nigeria records improvement in macroeconomic indicators – Cardoso
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says there has been relative improvements in some of Nigeria’s...
Nigeria fully repays $3.4bn IMF loan – Minister
Mohammed Idris, the Minister of Information and National Orientation, has confirmed that Nigeria has fully repaid the $3.4 billion COVID...
Nigeria’s economy improving due to reforms – World Bank
Taimur Samad, World Bank’s Acting Country Director for Nigeria, has stated that the Nigerian economy is improving due to the...
Naira appreciates by 0.35% against dollar at official market
The Naira appreciated on Monday at the official market, trading at N1,600.44 to a dollar. Data from the Central Bank...
NNPC, Dangote strengthen partnership, reaffirm commitment to energy security
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and Dangote Petroleum Refinery and Petrochemicals have pledged to deepen collaboration on...
See details of Tax Bills passed by Senate
The Senate passed two of the four Tax Reform Bills on Wednesday. These are expected to reform Nigeria’s tax laws....
PalmPay’s Q1 report reveals 15m daily transactions
PalmPay, a mobile banking platform, has released its first quarter (Q1) report which indicates that it processes 15 million transactions...
Dangote Sugar grows turnover by 51%, to provide 75,000 jobs
The chairman of Dangote Sugar Refinery Plc, Aliko Dangote, has revealed that the company’s turnover increased by 51 per cent...
Nestlé Nigeria reports 61% revenue growth Q1 2025
Nestlé Nigeria has reported a 61 per cent revenue growth of N294.9 billion in first quarter of 2025. This is...
Naira strengthens 0.14% after week of fluctuations
The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked...
CBN: Bank recapitalisation crucial to achieving $1trn economy
The Central Bank of Nigeria (CBN) says recapitalisation of Nigerian banks is crucial to the march towards achieving a $1...
Investors gain N377bn on NGX amid bullish trend
The Nigerian stock market on Thursday rebounded with a gain of N377 billion on the Nigerian Exchange Ltd. Market capitalisation...
Stock market declines by N659bn
The stock market opened the week on a negative note, with performance indices showing mixed results. Specifically, the Nigerian Exchange...
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