The average benchmark yield on Nigerian Treasury bills rose by 50 basis points to 18.17% in the secondary market as fixed-income market investors took profit on...
Afrinvest has said that Nigeria’s headline inflation rate will rise sharply to 33.6% in December 2025 as base effects are set to disrupt an eight-month disinflation...
Crude oil prices dipped on Monday, after Iran said it had “total control” following weekend violence, easing some concerns over supply from the OPEC producer, while...
The finance ministers from the Group of Seven leading global democracies and others plan to discuss access to critical raw materials in Washington on Monday. Thirty-four...
The Nigeria Deposit Insurance Corporation has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery...
More than four decades after its abandonment, the Ajaokuta Steel Company Limited, ASCL, remains Nigeria’s most heavily funded yet unproductive industrial project, continuing to attract huge...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has voiced strong opposition to the continued importation of Premium Motor Spirit (PMS) into the country. The association...
A Kaduna-based strategic development firm, GCSLC LTD/GTE, has unveiled a bold industrial roadmap aimed at transforming Nigeria’s underutilised federal assets into a globally competitive, export-driven...
Federal Government has acknowledged the criticism of the new tax laws by a global accounting, tax and audit firm, Klynveld Peat Marwick Goerdeler (KPMG). It...
The Bailiwick of Jersey has signed a Memorandum of Understanding with the Federal Government of Nigeria to return more than $9.5 million in funds identified as...