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ASSETS & FINANCIALS
NGX Suspends Unity Bank, Seven Others’ Shares
NGX Regulation, the regulatory arm of the NGX Group, has suspended trading in the shares of eight companies for default…
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NEWS LENS
NPA Commissions New Tugboats To Enhance Operations At Dangote Refinery, Lekki Port
Adegboyega Oyetola, minister of Marine and Blue Economy has commissioned three newly acquired 80 tons bollard pull tugboats tugboats…
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NEWS LENS
NEPC Partners LeLook To Boost Bag Export, Empower Artisans
Memorandum of Understanding (MoU), aims to capitalize on the burgeoning global demand for traditionally handcrafted bags, targeting a market…
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ASSETS & FINANCIALS
43% Of Small Businesses Less Than Five Years – Report
The majority of small businesses in the informal sector, accounting for 42.7 per cent of small business owners, have been…
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ASSETS & FINANCIALS
CBN To Slow Down Rate Hikes Soon – Cardoso
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has stated that it will soon be able…
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ASSETS & FINANCIALS
Demand Deposits Rise N29.67tn In May – CBN
Demand deposits have jumped by 206.83 per cent from N9.67tn in May 2019 to N29.67tn this year’s May, according to…
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NEWS LENS
NPA Launches Tug Boats To Boost Ports Operations
The Managing Director of the Nigerian Ports Authority, Muhammad Bello-Koko, has said that the Dangote Petrochemicals Refinery handled 120 tanker…
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ASSETS & FINANCIALS
SEC Approves Chiemeka’s Appointment As NGX CEO
The Securities and Exchange Commission has approved the appointment of Jude Chiemeka as the Chief Executive Officer of the…
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ASSETS & FINANCIALS
FG Plans N2tn Economic Revival Scheme, Inaugurates Council
The Federal Government has presented the outcomes of its review of the accelerated stabilisation and advancement plan, which seeks…
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OIL & GAS
CNG 40% Cheaper Than Petrol, 100 Stations Coming – NNPC
The use of Compressed Natural Gas in automobiles is 40 per cent cheaper than using Premium Motor Spirit, popularly called…
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OIL & GAS
NNPC Disagrees As Report Puts Petrol Debt At $6Bn
Nigeria’s debt to suppliers of Premium Motor Spirit, popularly called petrol, has surpassed $6bn, doubling what it was since early…
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NEWS LENS
Vehicle Importation Down By 45% Over Forex Crisis – CGC
The Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, has disclosed that vehicle importation dropped by 45 per…
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NEWS LENS
NPA Can Repay Port Reconstruction Loan – Bello-Koko
The Managing Director of Nigerian Ports Authority, Mohammed Bello-Koko, has disclosed that the agency can conveniently repay the $700m…
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NEWS LENS
Senate Scores FG Low On 2024 Budget Performance
The Senate has scored the executive low in the implementation of the capital component of the 2024 budget, saying there…
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OIL & GAS
Shell, Ardova Recommit To Energy Sector Productivity
In a bid to boost energy sector productivity, Shell International has partnered with Ardova Plc to launch the inaugural Power…
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ASSETS & FINANCIALS
‘CBN Directive On FX Deposit To Boost Reserves’
Financial experts have said that the latest directive from the Central Bank of Nigeria asking banks to deposit their…
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NEWS LENS
Forex Crisis: Operators Lament As Imported Containers Drop
Licensed Customs agents have blamed the forex crisis in the country for the 2.39 per cent drop in container throughput…
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NEWS LENS
Cargo Boom Drives NRC Revenue To N1.4b In Three Months
The Nigeria Railway Corporation has disclosed that it made an 84:91 per cent increase in its revenue in 2024 compared…
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NEWS LENS
FG Insists On Nigeria Air Suspension
The Federal Government has said the controversial Nigeria Air project remains suspended as the Minister of Aviation and Aerospace…
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ASSETS & FINANCIALS
New Minimum Wage May Push States Into Bankruptcy — NGF Report
As the nation awaits the new minimum wage promised to be sent to the National Assembly by President Bola Tinubu, the…
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