The Nigerian equities market opened the week with positive momentum, as the All-Share Index (ASI) appreciated 1.39% to close at 195,514.23 points. The session’s gains pushed...
Nigeria’s private sector activity deteriorated in January, Stanbic IBTC revealed in its purchasing manager index (PMI) report released by S&P Global on Monday. The report stated...
President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a broader ambition to...
Africa Finance Corporation, AFC, and the Federal Government through the Solid Minerals Development Fund (SMDF) have signed a landmark Memorandum of Understanding, MoU, to jointly fund...
The Nigerian Maritime Administration and Safety Agency, NIMASA has renewed its strategic capacity development partnership with the World Maritime University (WMU), Malmö, Sweden, through the signing...
By Chika Chukwudi At a time when Nigeria is urgently seeking sustainable pathways to economic stability, poverty reduction, and mass job creation, it has become increasingly...
Brent crude oil jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as...
Governor Alex Otti of Abia has said that the Economic and Financial Crimes Commission (EFCC) is investigating the alleged misappropriation of N10 billion purportedly spent for...
Fitch in a non-rating commentary note has said that Nigerian deposit money banks with exposure to foreign loans are expected to settle $1.7 billion Eurobonds that...
The Nigerian Independent System Operator (NISO) says power generation has dropped to approximately 4,300 megawatts due to inadequate gas supply to thermal generating stations. Nigeria’s gas-fired...
