The Nigerian government has again increased petrol prices, a major and controversial move that has sparked widespread public protests and raised concerns about its wider […]
Category: Business
Discos Record ₦887.86bn Revenue in First Seven Months of 2024 After Tariff Hike
Kehinde Fajobi Revenue for Nigeria’s electricity distribution companies (Discos) surged to ₦887.86 billion in the first seven months of 2024, following a hike in electricity […]
How administrators of eight banks took N1.383bn buyers’ funds as emoluments – Investigation
. Shareholders kick as consultants blame liquidity stress on excessive perks A curious twist within the annual experiences of some industrial banks have proven that […]
BREAKING: Dangote Cement emerges first inventory to hit N10tn capitalisation on NGX
The market capitalisation of Dangote Cement hit N10tn on the shut of buying and selling on Monday, rising as the primary firm to realize that […]
Buyers dump N89.8bn shares, amid prevailing {economic} downturn
…as analysts blame disaster on deterioration in macro-economic atmosphere There are indications that international traders’ confidence is but to return even after two consecutive quarters […]
Nigeria’s Inflation Climbs to Alarming 28.20% in November, Highest in Practically Two A long time – NBS Report
Nigeria’s inflationary pressures reached a regarding peak of 28.20% in November, marking a considerable improve from October’s 27.33%, in response to the most recent ‘Client […]
How Nigeria emerged chief in international inventory market resurgence
…regardless of COVID-19 shocks to world economic system in 2020 . International buyers ploughed again earnings to the market—Analysts Inspite of the vagaries and volatility […]
Nigeria data N948.07bn VAT in Q3 2023 – NBS
The Nationwide Bureau of Statistics mentioned the combination Worth Added Tax stood at N948.07b in Q3 of 2023. That is based on the VAT Q3 […]
Foreign exchange market: CBN strikes to sort out dollarisation of Nigeria’s financial system
…as buyers depend loses in trillions The overseas alternate marketplace for so lengthy has been in dire want of an {economic} resolution. The Central Bank […]
Nigeria’s Inflation Hits 27.33% as Meals Costs Soar
Nigeria is grappling with a surge in inflation, reaching 27.33 p.c in October, based on the Nationwide Bureau of Statistics (NBS). The report outlines a […]