By Hosea Parah, Abuja The National Bureau of Statistics (NBS) has announced plans to release its updated Consumer Price Index (CPI) and Gross Domestic… Read More »NBS Set to Launch Rebased Consumer Price Index, Gross Domestic Product Reports
Due to the federal government’s acceptance of a 50% hike in calls, data, and other telecommunications prices, Nigerians have promised to take the government to… Read More »50% increase in telecom rates: Nigerians to take FG to court
BY SAM OTUONYEÂ The Securities and Exchange Commission (SEC) has reminded Capital Market Operators (CMOs) to ensure that they renew their registration on or before… Read More »SEC sets January 31 deadline for registration renewals
…says Donald Trump’s anticipated pro-oil policies will stimulate business BY SAM OTUONYE The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),… Read More »NUPRC unveils plans to ramp up oil production in 2025
The National Pension Commission (PenCom) has issued a directive mandating the provision of Bank Verification Number (BVN) for all Retirement Savings Account (RSA) registrations and… Read More »PenCom enlists BVN for RSA registration, data recapture effective February 1
Nigeria targets an export market of up to $79bn through the expansion of her export capacity with the African Continental Free Trade Area framework. Minister… Read More »FG targets $79bn export through AfCFTA collaborationÂ
 BY SAM OTUONYE The Central Bank of Nigeria has reported that 95.66 per cent of bank debtors borrowed from microfinance banks (MFBs) as of September… Read More »95% bank borrowers preferred MFBs in 2024 – CBN
 BY SAM OTUONYE Minister of Petroleum Resources (Oil), Sen. Heineken Lokpobiri and Nigerian National Petroleum Company Limited (NNPC Ltd) have extended their heartfelt condolences to… Read More »Lokpobiri, NNPC condole with victims of tanker explosion
 BY SAM OTUONYE The Minister of Power, Chief Adebayo Adelabu, has disclosed that the Federal Government has paid 45 percent of the invoices submitted by… Read More »Electricity: FG has paid 45% of GenCos invoices – AdelabuÂ
MTN Nigeria Communications PLC has informed the investing public and the NGX that it has completed its Series 15 and 16 Commercial… Read More »MTN Nigeria raises N42.20 billion in series 15 and 16 commercial paper issuances
In a strategic move to sustain its impressive performance, leading financial institution Fidelity Bank Plc has announced significant changes to its Board of Directors,… Read More »Fidelity Bank Strengthens Leadership with New Board Appointments
By Akpobor Jirue, Lagos The bearish sentiments dominated the Nigerian capital market operated by the Nigerian Exchange Limited (NGX) in the week ended… Read More »Bearish sentiment depletes NGX weekly capitalisation by 2.94%
At the Nigerian Aviation Banking Forum, which was held yesterday in Dublin, Ireland, on the fringes of the Airline Economics Growth Frontiers Global Conference,… Read More »Festus Keyamo at Nigerian Aviation Banking Forum
The Federal Government has said that it is confident to achieving an ambitious revenue target of N36.35 trillion for 2025. Minister of Budget and Economic… Read More »FG targets N36.35trn revenue in 2025
The value of Nigeria’s first digital currency rose by 57 per cent year-on-year (YoY) to N18.32 billion in the first ten months of 2024 (Q3’24)… Read More »eNaira value surges by 57% to N18.32bn
BY SAM OTUONYE The Nigeria Customs Service (NCS) has reported a record-breaking revenue of N6.105 trillion for the year 2024, marking a significant 90.4% increase… Read More »Nigeria Customs Service rakes in N6.1trn, surpasses 2024 revenue targetÂ
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that in December 2024, Nigeria achieved 98.97 percent of its crude oil production quota… Read More »Nigeria met 98.97% of OPEC quota in December – NUPRC
Nigeria’s information, communication, and technology firms, including telecommunications companies in Nigeria, have been said to owe deposit money banks (DMBs) N1.69 trillion as… Read More »Telcos, ICT firms owe N1.69trn amid calls for tariffs hike