The Central Bank of Nigeria (CBN) said that the cumulative fund disbursed from the Power and Airline Intervention Fund (PAIF) was about N144.6 billion as at...
Nigeria is to begin export of about one million tonnes of dry cassava chips to China from this month, Dr Akinwumi Adesina, Minister of Agriculture and...
President Goodluck Jonathan in continuation of shake up in his government has replaced the managing director of Nigerian National Petroleum Corp (NNPC) and three other senior...
Nigerian crude differentials remained under pressure from ample supply of light, sweet crude and unexceptional levels of demand, traders said on Tuesday. “There’s just less demand...
Federal Government of Nigeria plans to raise N134.56 in treasury bills ranging from 3-month to 1-year maturities at its regular bi-monthly debt auction on Wednesday, the...
Market Cap (N’bn) 6,814.72 Market Cap (US$’bn) 41.94 NSE All-Share Index 21,347.17 Daily Performance % (0.05) 1 Week Performance % 1.26 YTD Performance % 2.97 Daily...
State governors have at last approved federal government’s proposal to launch a National Sovereign Wealth Fund with an initial $1 billion, ending months of political wrangling....
Naira gained some value against the U.S. dollar at the inter-bank market on Monday as oil firms’ dollar sales increased liquidity in the market. The naira...
Norway is to provide 850 million Norwegian crowns to fund clean energy projects in Ethiopia, Kenya and Liberia, finance that could unlock private sector investment in...
Minister of State for Finance Yerima Ngama said that the Federal Government had spent N518 billion so far on fuel subsidy out of the N888 billion...
Market Cap (N’bn) 6,866.93 Market Cap (US$’bn) 42.29 NSE All-Share Index 21,510.70 Daily Performance % 2.03 1 Week Performance % 1.00 YTD Performance % 3.76 Daily...
Nigeria has cleared fuel import subsidy payments that were held up while authorities verified they were for genuine deliveries, as part of efforts to combat fraud,...
The Group of 20 has announced the winners of the G20 Challenge on Inclusive Business Innovation, a global competition managed by IFC, a member of the...
Market Cap (N’bn) 6,730.10 Market Cap (US$’bn) 41.69 NSE All-Share Index 21,082.11 Daily Performance % 0.26 1 Week Performance % (0.74) YTD Performance % 1.70 Daily...
Nigerian oil differentials were reported to have held at six-week lows, with traders pointing to an overhang of nearly 30 million barrels of unsold oil from...