Work is yet to begin on the reconstruction of the Abeokuta-Ota-Lagos Expressway because the Ogun State Government is still waiting for final approval of the concessioning of the road from…
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso has said the apex bank under his leadership discovered invalid forex transactions amounting to $2.4 billion from over $7…
•Governor charges CCECC to kickstart 4th Mainland Bridge in March Lagos State Governor Mr. Babajide Sanwo-Olu, on Saturday, took a trip from Beijing to Dalian, a city famous for its…
The porcupine is a large rodent that is clothed with a thick coat of sharp quills, spines. The spines protect it from rampaging predators. When it feels threatened, the porcupine…
Uncertainties Threaten Survival of Companies in Nigeria As foreign exchange losses continue to impact earnings performance negatively, companies operating in fast fast-moving consumer goods (FMCG) sector are facing multiple unpriced…
US Dollar Inflows to FX Market Slumps 39% Foreign currency inflows into the Nigeria FX market declined by more than 39% in January 2024 amidst US dollar shortage that has…
Tripple Gee & Company Inks 42% Market Valuation Growth Tripple Gee and Company Plc led the gainer chart on the Nigerian Exchange (NGX) as its share price increased by 42%.…
Nigerian Exchange Rises by N1.12Trn to N57Trn Year-to-date return inched near 40% as the equities market capitalisation of the Nigerian Exchange (NGX) hit N57 trillion following buying interest on value,…
Geregu Power Hits N1.42trn on Earnings Beat –MarketNews The market value of Geregu Power Plc jerked up to N1.42 trillion after the company’s 2023 earnings beat. Its profit climbed by…
Devaluation after Undervalue Naira Tantrum Confused FX Speculators Currency speculators have rough days in the foreign exchange market following exchange rate unannounced exchange rate swings at the official market. The…