Exchange Rates Diverge as FX Supply Sinks 3.5%
Exchange Rates Diverge as FX Supply Sinks 3.5% The naira exchange rates diverged across the foreign exchange markets as US dollar scarcity persisted in Nigeria. At Nigeria’s autonomous foreign exchange…
Fiscal Commission to Verify Capital Projects Worth N2.9Trn
Fiscal Commission to Verify Capital Projects Worth N2.9Trn The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued at N2.9 trillion across…
Economic Commission Sees Slowdown in Global GDP Growth
Economic Commission Sees Slowdown in Global GDP Growth The Economic Commission for Africa (ECA) says global Gross Domestic Product (GDP) will experience slow growth from 2.7 per cent in 2023…
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing
NDLEA Declares Ex-Beauty Queen Wanted for Illicit Drugs Dealing NDLEA declared Miss Commonwealth Nigeria Culture 2015/2016, Ms Oluwadamilola Aderinoye is the founder of Queen Christmas Foundation, a non-governmental Organisation wanted…
Access Plc. Gets Approval to Acquire ARM Pension Managers
Access Plc. Gets Approval to Acquire ARM Pension Managers Access Holdings Plc says it has obtained necessary approval for the acquisition of ARM Pension Managers (PFA), Ltd., by its subsidiary,…
NGX Hits N56Trn as Investors Gain N4.3Trn
NGX Hits N56Trn as Investors Gain N4.3Trn Equities investors in the Nigerian stock market recorded a bumper harvest amidst the ongoing boom in the local bourse. The total market capitalisation…
$2bn: EITI Faults NEITI on NNPCL Transparency
$2bn: EITI Faults NEITI on NNPCL Transparency The Global transparency body, Extractive Industries Transparency Initiative (EITI), has scored the Nigerian National Petroleum Company Limited (NNPC Ltd) very high in its…
BUA Cement Climbs to N6Trn on Fresh Buying Interest
BUA Cement Climbs to N6Trn on Fresh Buying Interest BUA Cement Plc is closing the week at N6.08 trillion market value after a bull run in the local bourse provoked…
NNPCL Remitted Zero To Federation Account In 2022 Due To Fuel Subsidy
The Nigerian National Petroleum Company Limited remitted literally zero funds to the Federation Account in 2022 due to the payment of subsidy on Premium Motor Spirit, popularly called petrol, the…
Fitch Upgrades Gabon Ratings as Uncertainties Ease
Fitch Upgrades Gabon Ratings as Uncertainties Ease Fitch Ratings has affirmed Gabon’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B-‘, and removed it from Rating Watch Negative (RWN) as political…