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The Nigerian Electricity Regulatory Commission (NERC) has directed the 11 Electricity Distribution Companies (DISCOs) to suspend the Sept. 1 tariff increase for 14 days. The commission’s...
Nigeria’s cabinet proposed on Wednesday a 3% economic growth target and an 11.95% inflation target for its 2021 budget, a presidency aide said on his official...
The record decline in the U.S. economy in the early stages of the coronavirus pandemic was modified slightly to a 31.4% annual pace — setting the...
Investors maintained a bullish attitude in today’s trading session as buying interest in DANGCEM (+2.8%), MTNN (+1.2%) and GUARANTY (+3.7%) drove an 83bps increase in the benchmark index to 26,831.76 points. As...
Central Bank of Nigeria has said that its foreign reserves have grown by $200 million after a London court ordered the release of a guarantee put...
African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, announces $100 million financing to enable its Member States to procure COVID-19 related medical resources through the...
Leading the call for an effective global action against Illicit Financial Flows (IFF) and related vices, which is negatively impacting progress in developing countries especially in...
Over 12,000 donations have poured in from over 140 countries enabling Emirates airline to uplift more humanitarian cargo into Lebanon. More than a month after the...
The equities market maintained the positive trend as buying interest in ZENITH (+1.2%), DANGSUGAR (+1.6%) and ETI (+2.4%) lifted the benchmark index by 39bps to 26,611.96 points. Consequently, market capitalisation...
In its bid to boost the delivery of high quality health services to Offa community and environs in Kwara State, Offa Metropolitan Club (OMC) will on...
A new dawn has commenced at the Standards Organisation of Nigeria (SON) as a new Director General/Chief Executive, Mallam Farouk Salim takes the baton of leadership...
The African Risk Capacity Limited (ARC Ltd), the commercial subsidiary of African Risk Capacity Group (ARC Group), has announced a partnership agreement with Pula to deliver...
PZ Cussons Nigeria shareholders have approved the resolutions to authorise their Board of Directors enter into and execute on behalf of the Company, the sale and ...
The equities market opened bullish due to price appreciation in MTNN (+2.0%), WAPCO (+6.3%) and FBNH (+3.9%). Consequently, the All-Share Index advanced 72bps to 26,507.84 points. Market capitalisation rose ₦98.5bn to ₦13.9tn while YTD return...
Nigeria’s long-awaited oil reform bill would privatise the Nigerian National Petroleum Company (NNPC), amend changes to deepwater royalties made late last year and scrap key regulatory...